ECB Meeting During its meeting on Thursday 14th December, the European Central Bank decided to increase both its growth and inflation forecasts for the Euro. The bank, however, decided to stick to its commitment to…
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ECB Raises Inflation and Growth Forecast, Fed Raises Rates
Forex in December – What Currency Traders Should Know
Just like November, forex trading in December will be calm, with no major shocks or surprises. The main event in December will be the fed reserve meeting. FOMC Meeting: Interest rates likely to be hiked…
NFP Data: Payrolls Increase As Unemployment Rate Remains Unchanged.
The distortions from the hurricanes have begun fading away as the Nonfarm payrolls increased by 228,000 jobs for November. November NFP data shows positivity in all areas. Apart from the positive Nonfarm payrolls that increased,…
EUR/JPY Signal, Strong GBP Trend
Strong Trends During Asian Session JPY The latest security issues in North Korea has affected stocks in Asia, though the Japanese Yen soon stepped up to recover most of its initial losses. The pair of…
Markel, Barnier – November 20-24, 2017
Merkel fails to form coalition as FDP pulls out of talks The biggest story of the day comes from Germany, with Angela Merkel failing to put together a coalition government. This came about after the…
Forex Week of November 13-17, 2017
November 13 – Trading Session A quick recap of today’s trading session along with events to look forward to if you are trading Forex in the week ahead. ECB’s Constâncio Speaks There wasn’t much activity…
Forex and The Price of Oil (Gas/Petrol) – What You Should Know
In forex, the valuations of currencies are affected by several factors. Some of these factors include interest rates, the rate of economic growth, political decisions, prices of commodities such as oil, and more. Oil (Gas,…
Forex Signals and ECN Go Hand In Hand
Forex signal services are a great way of making money in forex without spending your whole day staring at charts. Once you’ve selected a solid forex signal provider with a proven track record, you still…
USD, EUR Trading Recap – October 26, 2017
USD There wasn’t much action today in the Asian session with only the greenback making a significant mark on the market. This was due to the likely announcement of the Fed chair by President Trump.…
Forex Weekly Recap – October 23, 2017
Asian Session Recap The major event that was discussed during the Asian session this morning was the victory of Liberal Democratic Party (LDP) Shinzo Abeâ who became the PM of the country after winning a…
