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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...

GBP/USD Continues Within Range Since Late March

For 70 straight trading days Cable has been ranging between 1.2074 and 1.2810. Currently in a mild upswing, though battling a strengthening...

US Dollar Index: DXY Struggles to Break 97.20 Area

Dollar Index 1-Hour Chart The US Dollar Index (DXY) spent the early asian session in consolidation mode. Indecision shown...

Latest news

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...

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...

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...
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