Forex Markets

Overnight, the EUR/USD has hovered over its recent lows as worries concerning the economic health of Greece and Spain have weighed on the Euro. However, the US has just posted a rise in Jobless Claims to 474k versus an expected 457k, although its Trade Deficit has unexpectedly narrowed to $32.9B in...

The Euro managed to rally overnight to highs of 1.4780 before retracting to 1.4725 currently( see chart). This was despite European officials warning that the zone’s banks would need several years to correct their balance sheets and that a ‘huge wall of debt’ due for repayment over the next five...

Bernanke’s comment, stating that the US economy still faces formidable headwinds, has strongly influenced the markets overnight causing an increase in risk aversion. As a result, safe haven currencies, such as the USD and Yen, have benefited, during the early morning with EURUSD falling to 1.4750(...

Overnight, the US Dollar struggled against the other major currencies although, in general, the markets were comparatively calm in wake of the all-important US Non Farm Payrolls. All this adruptly changed with the recent releases of the US NFPs and Annual Unemployment Rate. These were events were...

Since yesterday's re-opening, the majors rallied sharply against the USD following the UAE central bank’s urgent action to both restore faith and reduce fears following last week’s Dubai debt shock. For instance, the EURUSD surged by over 100 pips to 1.5080 overnight(see diagram) whilst the GBPUSD...

Fundamental Data Releases, of high importance, are often regarded as the supernova events of Forex Trading. Examples include US Non Farm Payroll, US Trade Balance, the US Unemployment Claims and the National Interest Rate Changes etc. If you could correctly predict and then capture the resultant...

You will need to trade your Forex systems consistently over long periods of time if you want to achieve significant profits. To do this, you first need a consistent set of rules that you can follow with confidence and that can be applied using good Money Management Strategies together with expert...

One of the most difficult things to do in Forex trading is letting your profits run. If you cannot develop a trading strategy to do this, then your chances of making a good Forex living are greatly diminished. Why is it so hard to hold on to winning trades? The emotion of fear comes into play...

On the 30th November, the National Futures Association is introducing new margin rules that are primarily intended to provide increased protection for Forex Traders against the dangers of leverage. This will be done by all Forex Brokers collecting increased margin deposits of 1% of the notional...