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Forex Attack Team

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The Forex Attack Team researches and publishes thought-provoking news, analysis, and opinion pieces on the global financial markets. We provide in-depth coverage of forex, commodities, and indices.

RBA Maintains Current Policy Settings

At its meeting today, the Reserve Bank of Australia Board decided to maintain its current policy settings. This includes targets for the cash rate...

Bitcoin Drops Overnight on Heavy Volume

Over the past several days Bitcoin (BTC) has been climbing steadily upward. The cryptocurrency heavyweight hit a 2020 high of $12,134.29 (according to Coinbase)...

US GDP Leads What to Watch For Today

Markets are bracing for what could be record poor US GDP numbers. Consensus is contraction in the range of 30%, however the NY Fed...

Federal Reserve Monetary Policy Decisions for July 2020

In its most recent release on monetary policy, the Federal Reserve committed to using its full range of tools to support the U.S. economy....

20 Important Forex Statistics in 2020

Researching forex trading? Below are some interesting forex statistics, charts, trends, and facts we found on this $5.3 trillion daily market. General Forex Statistics The...

Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people operating under the name Satoshi Nakamoto. Bitcoin uses peer-to-peer...

Bitcoin Price Hits Highest Level Since 2019

The price of bitcoin is up sharply today on a weaker US dollar. At the time of writing, BTC is up more than 9%....

Gold Price Forecast: All-Time High Within Range

Gold prices, alongside other precious metals like silver and platinum, are in the midst of their best week since March 23. That was the...

EURUSD Above 2019 High, Points Upward

The EURUSD pair is trading above the 2019 high with the 50 EMA continuing to separate from the 100 SMA. On the daily chart...

DXY Looks to Push Below 95

The US dollar has been weakening significantly over the past couple weeks. Today the DXY has fallen as far as 94.83 before recovering slightly....

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