Posts Tagged ‘ forex markets ’
With no U.S. economic data on the calendar, it has been an extremely quiet day in the forex markets. Despite the lackluster move in U.S. equities and the fact that many of the major currency pairs ended the day unchanged, traders remain optimistic. We know that the mood in the financial markets is [ READ MORE ]
The fragmented price action in the forex markets reflect the sharp disparity between what is happening in the North America and Asia with that of Europe. The dollar traded lower against all of the major currencies except for the euro and British pound. Growing concerns about fiscal deficits has scared investors from putting [ READ MORE ]
Stronger U.S. economic data and optimistic comments from Fed districts failed to lift equities and currencies. The most notable price action in the forex markets today was the rally in the euro and British pound. Both currencies had become extremely oversold in recent weeks and traders are squaring positions ahead of the monetary [ READ MORE ]
Although risk on appears to be the theme in financial markets today with equities up strongly, the price action in the majors indicates that the divergence trade is in full swing. The dollar traded higher against the euro, British pound and Swiss franc, lower against the commodity currencies and unchanged against the Japanese Yen. [ READ MORE ]
Based upon the price action in the foreign exchange market today, the snow storm in the Northeast has not kept U.S. traders away from their desks. There were some decent sized moves in the forex market throughout the North American trading session with the euro rallying aggressively against the U.S. dollar following the existing [ READ MORE ]
After the dollar gained in the beginning of the week as the U.S. economy provided traders with more optimism than in the Eurozone, the greenback slid today as Federal Reserve Chairman Ben Bernanke said that low borrowing costs shall remain in the country as long as the economy need them to surge, declining appeal for the dollar in forex markets. At the moment, the EUR/USD currency pair is at 1.3581. New home sales declined for another month reaching 309k in January, from [ READ MORE ]
As the world changes, so do the correlations between different currencies and different instruments. It is a quiet morning in the forex markets with no U.S. or European data on the calendar. [ READ MORE ]
The sharp recovery in the EUR/USD has traders across the globe confused about why the dollar gave up its gains against the euro if normalization of U.S. monetary policy should be positive for the dollar. Given that the euro was not the only currency to strengthen against the greenback, the price action in the [ READ MORE ]
You want to take the challenges and rewards of trading the Forex markets – to pursue in the footsteps of successful thousands of those already reaping these fruits? Be rid of your boss, clients, traveling, salary ceilings, and all the aspects of your day job that grind you down. Well, steady on, as you will [ READ MORE ]
Forex traders who are considering to deal seriously with the Forex market has some Forex trading training to ensure that they will be able to learn how to play on this market. It is crucial as Forex markets are highly competitive as well as inconstant. Forex trading business is a 24-7 business with the great [ READ MORE ]
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