The Reserve Bank of Australia will announce its latest decision on monetary policy shortly. On the 2nd of June 2020 the RBA left the official cash rate...
WHO Reports Record Single Day Climb in Coronavirus Cases
The World Health Organization (WHO) reported a one-day high in global coronavirus infections, with Iran and Indonesia reporting their deadliest days yet.
UK June PMI Data Points to Strong Construction Turnaround
The headline seasonally adjusted IHS Markit/CIPS UK Construction Total Activity Index beat market expectations handily, jumping to 55.3 in June from 28.9 in May.
DXY Weaker in Asian Session, Slips Below 97.00
The greenback slides following the holiday weekend in the United States on increased risk-on sentiment. As of this writing the Dollar Index...
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Opinion
Opinion
Hong Kong Dollar Peg: The Bass/Trump Connection
In a move widely panned by economists, the Trump administration is reportedly weighing options to break the longstanding Hong Kong Dollar peg.
Analysis
AUD/USD Bulls Hold Ground Despite Gap Lower on Open
AUD/USD opens the week with a downside gap to 0.6932, currently around 0.6939, from Friday’s close near 0.6942. It only took about...
News
BOE’s Bailey: Negative Rates Pose Significant Challenges to Lenders
According to a story carried by the Sunday Times, the Bank of England (BOE) Governor Andrew Bailey has written a letter to lenders. In...
News
ECB’s Lagarde Warns Disinflation Possible as Crisis Transforms Economic Models
Speaking about alternative growth models at a webinar on Saturday, the European Central Bank (ECB) President Christine Lagarde said that a falling trend in...
Analysis
EUR/USD under pressure amid coronavirus concerns
Heading into a long holiday weekend in the United Sates, the Euro is struggling to top 1.125. This comes among Coronavirus cases...
Major Forex Pairs
Analysis
GBP/USD Targets 1.26 Level Fueled by EU Flextension Offer
The GBP/USD pair is testing the 1.26 mark, +0.45% on the day as of this writing. Cable is pushing higher amid renewed optimism for...
News
RBA Maintains Current Policy Settings
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the...
Analysis
UK June PMI Data Points to Strong Construction Turnaround
The headline seasonally adjusted IHS Markit/CIPS UK Construction Total Activity Index beat market expectations handily, jumping to 55.3 in June from 28.9 in May.
European Markets
Analysis
GBP/USD Targets 1.26 Level Fueled by EU Flextension Offer
The GBP/USD pair is testing the 1.26 mark, +0.45% on the day as of this writing. Cable is pushing higher amid renewed optimism for...
Analysis
UK June PMI Data Points to Strong Construction Turnaround
The headline seasonally adjusted IHS Markit/CIPS UK Construction Total Activity Index beat market expectations handily, jumping to 55.3 in June from 28.9 in May.
News
BOE’s Bailey: Negative Rates Pose Significant Challenges to Lenders
According to a story carried by the Sunday Times, the Bank of England (BOE) Governor Andrew Bailey has written a letter to lenders. In...
Asian Markets
News
RBA Maintains Current Policy Settings
At its meeting today, the Board decided to maintain the current policy settings, including the targets for the cash rate and the...
News
Reserve Bank of Australia Preview: Look for an Interest Rate Decrease
The Reserve Bank of Australia will announce its latest decision on monetary policy shortly. On the 2nd of June 2020 the RBA...
Analysis
AUD/USD Bulls Hold Ground Despite Gap Lower on Open
AUD/USD opens the week with a downside gap to 0.6932, currently around 0.6939, from Friday’s close near 0.6942. It only took about...
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Learn Forex
Education
What is Forex?
What is Forex?
Forex (FX) is the marketplace where various national currencies are traded. The forex market is the largest, most liquid...
Education
Trading Currency Through Online Forex Brokers
Access to foreign exchange, the most extensive market on the planet, is generally through an intermediary known as forex brokers. Similar to a...
Education
How To Perform Forex Investigation
There is a market for the currency of any country paired with another country. The six most popular currencies in the world...