Binary options – the world’s easiest financial instrument.Forex news
The foreign exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of volume of trading, it is by far the largest market in the world
This week we recap precious metals and commodities ahead of the Jackson Hole Symposium. Notable highlights are Gold testing 1300 while Palladium continues to be the metal that just keeps on giving. Oil is making a lot of noise, but once the headphones are on, we see that both contracts are ranging. Albeit noisily! […]
Economic confidence from Germany and public sector finance from the UK are due on Tuesday, headlining a light day for the European economic news.
SINGAPORE (Reuters) – The dollar held steady against a basket of currencies on Tuesday, with traders focusing on the annual central banking conference in Jackson Hole this week for insights on the outlook for monetary policy. The dollar index last stood at 93.101 .DXY, having retreated from a three-week high of 94.145 set last Wednesday. […]
Moon Blots out the dollar Another squally trading session overnight to celebrate the first total solar eclipse to hit the continental US in 99 years. A definite downside dollar bias emerged overnight, although recent ranges were respected. But with few particular dollar triggers amid a sparsely populated economic calendar, the market could be doing little […]
Gold has started the week with considerable gains. In the Monday’s North American session, spot gold is trading at $1291.75, up 57% on the day. There are no US events on the schedule, so we’re unlikely to see any significant movement for the remainder of the day. It was a busy week for gold, as […]
USD/JPY has posted slight losses in the Monday session. In North American trade, the pair is trading at 108.91, down 0.28% on the day. On the release front, it’s a quiet start to the trading week. Japanese All Industries Activity rebounded in June, posting a gain of 0.4%, just shy of the forecast of 0.5%. […]
EUR/USD has edged higher in the Monday session. Currently the pair is trading at 1.1815, up 0.45% on the day. On the release front, it’s a very quiet start to week, so we’re unlikely to see any significant movement from the pair on Monday. There are no US releases, and the sole euro zone event […]
The UK government has set out proposals to ensure trade in goods and services can continue on the day the UK leaves the EU in March 2019. A position paper calls for goods already on the market to be allowed to remain on sale in the UK and EU without additional restrictions. It also calls […]
Wholesale sales declined 0.5% to $61.4 billion in June following eight consecutive monthly increases. Declines were recorded in five of seven subsectors, led by the food, beverage and tobacco subsector and the motor vehicle and parts subsector. In volume terms, wholesale sales decreased 0.7% from May to June. In the second quarter of 2017, current […]
It’s been a very quiet start to trading on Monday in what is expected to be a slow couple of days, with traders eyeing up the Jackson Hole event later in the week. Clarity Sought on Fed’s Interest Rate Plans With both Mario Draghi and Janet Yellen scheduled to appear on Friday, traders are keen […]