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Tag Archives: forex

April 2016 US ADP employment report

ADP employment report

April 20106 US ADP employment report Highlights: Prior 200.1k. Revised to 194k Small bus 93k vs 86k prior Med bus 39k vs 52k prior Large bus 24k vs 39k prior Service providing jobs 166k vs 191k prior Goods producing jobs -11k vs 9k prior Construction 14k vs 17K prior Manufacturing -13k vs 3K prior Professional and business services 27k vs 28K prior Trade/transit/utilities 25k vs 42K prior Financials4 ...

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Will FED raise interest rates on June?

forex poll

Will FED raise interest rates on June? Please Vote    

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Strong short term support for EUR/USD at 1.11

Strong short term support for EURUSD at

Strong short term support for EUR/USD at 1.11 The most favorite currency pair remains unable to gather traction on Monday, relegating EUR/USD to the 1.1100 neighbourhood the Wall Street open. Despite the prevailing selling interest on EUR, the forex pair manages quite well to keep the 1.1100 handle, a break ...

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EUR/USD after Draghi

EURUSD after Draghi

EUR/USD after Draghi The day after an ECB event is important. It gives traders an important clue about how strong any moves were and whether sentiment remains strong enough to keep those moves intact. Traders are reacting to the headlines after the announcement  and the next day are assessing what they ...

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GBP/USD trades below 1.4100

GBP/USD trades below 1.4100 The selling interest is picking up pace around the sterling, taking GBP/USD to fresh multi-year lows below 1.4100. GBP/USD under pressure on Brexit fears Mounting concerns on the possibility of a ‘Brexit’ scenario continue to hammer the British pound today, dragging spot to levels last seen ...

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AUDUSD touching the lows

AUDUSD

AUDUSD touching the lows AUDUSD has moved to new lows in the last hour touching 0.7259. The weaker than expected US Employment Cost index on Friday put an end to that break. In fact the price moved above the 200 hour MA for the first time since July 22. That ...

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Bank of Japan (BOJ) Governor Kuroda comments

kuroda JPY

Bank of Japan (BOJ) Governor Kuroda comments USDJPY Central banks can overcome the zero lower bound, as long as the policy maker commits decisively to fulfilling its mandate with well-designed unconventional policy measures It has become a common understanding among central banks that unconventional monetary policy, despite some lingering skepticism ...

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Forex Daily Report

Forex Daily Report (5-8-2015 8:00pm GMT) US dollar supported against all the other major currencies, after data showed that the U.S. economy created slightly less jobs than expected last month, while unemployment declined in line with market expectations. U.S. unemployment rate ticked down to 5.4% in April from 5.5% the ...

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Forex Fundamental Analysis.

Forex Fundamental Analysis. What is fundamental analysis? Fundamental analysis in Forex is a type of market analysis which involves studying of the economic situation of countries to trade currencies more effectively. It gives information on how the big political and economical events influence currency market. Figures and statements given in ...

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Forex Bonuses Glossary

Forex Bonuses Glossary Deposit bonuses – make a deposit and get % bonus on deposit. No deposit bonuses – a free bonus to new clients – a live account to start trading immediately with no deposit required. Volume bonuses – high volume traders are offered cash back for their active ...

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