Tuesday , January 26 2021

Recent Posts

Is it time to trade Gold?


Here is a fun fact: spot Gold has made a larger range in February 2016 than it did during any other month since August 2013, which is two and a half years ago. It seems as if volatility has returned to this market, and volatility means traders have a good ...

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5 Forex Trading Tips You Might Not Read in Book


Trading Forex, or any other financial instrument for that matter, requires learning. A lot. You need to acquire new skills, continually research market conditions, learn how to analyze trends, evaluate your trades, etc. There are hundreds of courses available to teach you the technical aspects of trading, but the following ...

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Bank of Russia: Ready to use forex swap with PBOC

Russian Markets

MOSCOW–Russia and China have agreed to open a bilateral foreign-exchange swap line to boost trade and investment cooperation, the Bank of Russia said Wednesday. The Bank of Russia said the two parties successfully tested forex swaps in 2015 and were ready to enact the forex swap if needed. Earlier, Russia ...

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EUR/USD bullish attempt stalled near 1.0880


The single currency has attempted a bull run to the area of 1.0880, although the up move run out of vigour and prompted EUR\USD to return near 1.0860. EUR/USD choppy ahead of ADP The pair remains within a 30-pip range for the time being, meandering between 1.0850 and 1.0880 following ...

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ISM Manufacturing PMI beats with 49.5 – USD advances

EUR/USD exchange rate concept (detailed close-up shot)

Finally some partially positive news from the US manufacturing sector: a score of 49.5 points in the ISM Manufacturing PMI. This is still in negative territory (under 50) but better than expected and with a better employment component.  The US dollar is rising but certainly doesn’t get too far. The ...

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Global stocks rally as global slowdown fears fade

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, March 1, 2016. REUTERS/Staff

World shares and bond yields rose on Wednesday as the recent recovery in oil prices and a batch of positive economic data from Australia to the United States calmed fears of a global economic slowdown. Asian stocks hit a two-month high, Japan’s and China’s main indices both rose more than ...

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