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 a possible Brexit deal following...
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.
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...
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...
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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.
News
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.
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.
Analysis
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...
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...
Major Forex Pairs
Daily FX Update
EURUSD Daily FX Update July 13
EURUSD Daily FX Update for Monday, July 13, 2020. The United States continues to get hammered with exploding cases of the Coronavirus. The state...
Daily FX Update
EURUSD Daily FX Update July 10
EURUSD Daily FX Update for July 10, 2020. June Industrial Production for France and Italy beat expectations (+19.6% m/m and +42.1% m/m respectively). However,...
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...
European Markets
Daily FX Update
EURUSD Daily FX Update July 13
EURUSD Daily FX Update for Monday, July 13, 2020. The United States continues to get hammered with exploding cases of the Coronavirus. The state...
News
UK Preps Population for Post Brexit
A new marketing campaign from the UK government is set to go live on Monday to prepare the public for life after the Brexit...
Daily FX Update
EURUSD Daily FX Update July 10
EURUSD Daily FX Update for July 10, 2020. June Industrial Production for France and Italy beat expectations (+19.6% m/m and +42.1% m/m respectively). However,...
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...