Financial Market News, Analysis And Trading Ideas

Posted by August 10th, 2020 in Forex Education

Monday kicked off on a positive note as encouraging economic data and upbeat earnings fuelled the risk-on mood. In the currency space, the greenback entered November on a shaky note while gold derived strength from subdued Treasury yields. The Federal Reserve will announce next week that it is slowing down its bond buying at a pace of $15 billion per month — opening up the possibility of rate hikes in 2022 if inflation surprises to the upside. If you have balances on other cards with high interest rates, transferring your balance to a lower-rate credit card could save you money and help your credit score. You might be able to open a high-yield savings account at your current bank, but online banks tend to have the highest interest rates. Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet’s Quant Ratings, we zero in on five names.

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Keep in mind that there may be different requirements or treatment for forex transactions depending on which rules and regulations might apply in different circumstances . This protection is not available in the off-exchange forex market, where there is no central clearing. Beware of get-rich-quick investment schemes that promise significant returns with minimal risk through forex trading. The SEC and CFTC have brought actions alleging fraud in cases involving forex investment programs. Contact the appropriate federal regulator to check the membership status of particular firms and individuals.

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The key question now if whether the MPC waits until February when the bank produces its new forecasts and there is a scheduled press conference. According to money markets, the probability of a rate hike in December stands at just below 50%, as of writing. A sense of caution returned to marketson Tuesday ahead of key risk events this week. Earlier in the morning, the Reserve Bank of Australia scrapped its ultra-low target for bond yields.

  • If you’re ready to start investing, you’ll want to learn the basics of where and how to invest your money.
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  • The Fed is expected to formally announce its tapering decision, beginning the process of unwinding its US$120 billion in monthly asset purchases that had supported the US economy since the pandemic.
  • “A stronger US dollar has been encouraged as well in recent days by further evidence that US activity is picking up again.”

By following our news, this ensures that you are always up-to-date with the latest trends and changes within the financial markets, as well as general economic announcements. From time to time, however, economic announcements are very different from what the broader market was expecting, and this can cause an opposite market reaction. For example, if a central bank hints that rate cuts may be coming, but the currency still rises, there could be other factors in addition to the prospect of interest rate changes.

News And Trade Ideas

This site provides data regarding currency pairs, currency conversion, and performance information. The site also has exchange rate alarm to help traders know the key signals. You will be required to deposit an amount of money (usually called a “security deposit” or “margin”) with a forex dealer in order to purchase or sell an off-exchange forex contract. A small sum may allow you to hold a forex contract worth many times the value of the initial deposit.

forex news

If you have any feedback or run into issues, contact up or write to our support team. Update it to the latest version or try another one for a safer, more comfortable and productive trading experience. If you have any problems with your access, contact our customer services team.

Forex Manipulation Further Undermines Trust In International Banking

But with a trade deal and a world-leading vaccine program, investors say the upside for the currency is now just as strong. This year’s furious rally in cryptocurrencies lost steam, knocking prices for bitcoin and ether from recent highs, alongside drops in other risky assets including tech stocks. Connexus Crypto enables users to simultaneously buy and sell crypto in different markets and take advantage of any price differences. While last week’s Forex industry news was dominated by broker results, this week’s version was all about people. Sign Up NowGet this delivered to your inbox, and more info about our products and services. Trade with a global market leader with a proven track record of financial strength and reliability.

Keep abreast of market opportunities in the FX markets with insights, actionable trade ideas and support. I’d like to view’s products and services that are most suitable to meet my trading needs. Trading is a lonely venture but with the above mentioned sites, you get to converse with friends, peers, and the trading communities who trade in forex just like you.

Unlike stocks or ETFs that trade throughout the day, many mutual fund redemptions​ take place only at the end of each trading day. Similar to ETFs, investing in mutual funds is considered less risky than stocks because many Dividend securities are contained within the mutual fund, spreading out the risk across multiple companies. As with other asset classes, forex trading news can become particularly active before and following major economic events.


In particular, news trading requires expert fundamental analysis skills, as you will need to understand how certain economic announcements can affect your positions and the wider financial market. However, if a company releases a report with considerably lower financials than expected, this can cause a rally for traders to short the stock as its value is decreasing. Traders can perform company analysis before deciding whether to invest in a stock. This includes analysing its growth rate potential, as well as any potential legal, political or insolvency risks.

Our news and analysis section is updated daily with articles on the forex, share, treasury, commodity and index markets, written by our market analysts. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. It provides the latest updates on How to Start Investing in Stocks, daily forex analysis, and commentary in addition to providing users with various tools of importance.

Federal Reserve January policy meeting minutes show the central bank considered changing the central bank’s interest rate hike plans because of a global slowdown and financial market sell-off. As discussed, our online trading platform, Next Generation, releases regular news and analysis articles for all financial markets. We also provide fundamental analysis reports from Morningstar, as well as market commentaries and updates from Reuters news on our news and insights section of the platform.

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You should also be aware that, for brokers and dealers, many of the rules and regulations that apply to securities transactions may not apply to forex transactions. The SEC is actively interested in business practices in this area and is currently studying whether additional rules and regulations would be appropriate. Exinity Limited is a member of Financial Commission, an international organization engaged in a resolution forex news of disputes within the financial services industry in the Forex market. Another crucial decision in the coming week pertains to oil supplies out of OPEC+. A hawkish sounding meeting that strikes all the right notes could boost expectations over the Fed raising interest rates sooner than expected. Such an outcome could inject dollar bulls with renewed confidence ahead of the highly anticipated US jobs report on Friday.

Ultimately, how gold ends the week will be impacted by the Federal Reserve meeting and US jobs report on Friday. After talking about talking about tapering for many months, the Fed has finally taken steps away from its emergency policy. On Wednesday evening, the US Fed announced it is winding down the massive stimulus programme it enforced during the Covid-19 pandemic. When in the spotlight, Fed Chair Jerome Powell made it clear that tapering is not tightening with the central bank in no rush to pull the trigger on higher rates. Investors have been forced to reset monetary policy expectations this week, after some of the biggest global central banks knocked back bets for early rate hikes.

These currencies tend to attract capital during times of turmoil and see outflows when the financial markets settle down. A news trading strategy involves trading based on market expectations, both before and after a news release. Trading on news announcements can require you to make quick decisions, as the financial markets may be impacted almost immediately.

South Korea Has $10 07 Billion Current Account Surplus

If the currency does not drop on an expectation of a fall in interest rates, then positive sentiment is strong, and this could possibly indicate that it is now a buyer’s market. There is normally a consensus amongst leading economists about what level Price action trading an economic announcement is likely to come in at. Changes to non-farm payrolls​​, GDP or inflation data will have a resulting effect on the market. For example, low unemployment suggests a strong economy, so many would expect the stock market to rise.

There is also the risk of carrying positions for a longer period of time. If the news release requires a few days or weeks to materialise, your trading positions may be open over several days. This brings overnight risk and may require you to pay additional holding costs. Therefore, traders should ensure that they have sufficient funds in their account to cover these costs.

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