China delivers good news – HSBC

FXStreet – The HSBC market analysts take a look at the recently published purchasing managers ‘ indices out of China. Important Quotes: China’s economy is anything other than a self-runner. The today’s Caixin China Manufacturing PMI fell to 49.6 meters for the first time since June of last year under the expansion mark of 50 […]

USD/JPY is again on the retreat

FXStreet – The Dollar climbed in comparison to the Japanese Yen to 111,47 and marked the highest level for six days. Then, a correction occurred and the currency pair turned slightly to the South. The good US employment figures supported the Greenback initially on a broad Front, while the Japanese Yen fell due to rising […]

GBP/USD jumps to session high on 1,29

FXStreet – After initial losses in response to the strong ADP report, won the GBP/USD currency pair momentum and jumped to a new session high at around 1,2900. The good ISM data from the United States were, however, ignored by the market participants. The financial markets much acclaimed economic index of U.S. purchasing managers in […]

US Dollar stabilizes after the US ISM over 97,00

FXStreet The US Dollar Index, the Greenback versus six major currencies, compares, stabilized on Thursday above the psychologically important mark of 97,00. US Dollar supported by US data Price support were better-than-expected economic data from the United States for the past reporting month. Thus, the employment of the private sector in may increased noticeably. In […]

EUR/USD-little movement after US ISM

FXStreet The EUR/USD remains fairly stable, despite the much acclaimed economic index of U.S. purchasing managers significantly better than expected. The GBP/USD traded last on 1,1226 and to 0.15 percent in the Minus. EUR/USD after U.S. data under pressure The currency pair is listed in the Minus, however, there is further space on the bottom, […]

Fed’s Powell: Inflation still on the way to 2%

FXStreet – The Governor of the Federal Reserve, and Jerome Powell said in a television interview with CNBC that he will consider that Inflation is moving in the direction of the target value of 2 percent. Tax cuts would affect the U.S. economy in the next year. We are watching inflation developments very carefully. We […]

4 mistakes to avoid on the foreign exchange market

According to statistics, 95% of the traders in the forex market end up losing their entire investment. Hungry for wins and earnings, these will multiply the errors and quickly find themselves in bankruptcy. To help you avoid these common mistakes and devastating, we can identify 4 today. The impasse on the demo accountLet’s be clear, […]