ActivTrades’ Market Analysts have provided their daily commentary on traditional markets for April 12, 2019. Forex The Euro is showing strength against the Dollar, in early Friday trading. This is the result of a growing risk appetite in the markets, following encouraging figures related to the growth of Chinese exports which in turn supports the…
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The following article was written by ATFX Chief Market Strategist. Alejandro Zambrano. Forex markets are quiet, and even more so the EURUSD. Since March 28, the price has been oscillating around the 1.1220 level in a 71-pip range and using the daily Average True Range indicator (14), we need to go back to September 2014…
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As 2018 draws to a close, economists, bankers, and major hedge fund managers dust off their respective crystal balls and begin to contemplate the future. These exercises will go into high gear over the prevailing weeks, as new predictions for major index funds, commodities, and currencies twelve months down the road will proliferate the Internet.…
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The dollar fell to its lowest in over three months on Tuesday, while surprisingly upbeat Chinese manufacturing data ensured there was no serious new year hangover for world shares despite a groggy start for Europe, Reuters reported earlier today. Sentiment was also helped by news that North Korea had offered an olive branch to South…
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Another day of record-breaking on Friday, the half-day session being the last trading day of 2017, with fresh highs for both the FTSE 100 and FTSE 250 while the AIM All-Share Index traded around its highest level since 2008, London Stock Exchange (LSE) reported. The FTSE 100 index closed up 0.9%, or 64.89 points at…
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It was just announced today from Swiss Forex Bank and Marketplace Dukascopy they have expanded their range of FX instruments. Available now Euro to Russian Ruble (EUR/RUB) has been added on live trading platforms. Maximum leverage on EUR/RUB is set to 1:10. The new currency pair is available only for self traders' accounts.
Read moreAsian shares dropped on Monday, while the dollar index added 0.4% to 94.879, pulling away from its last week’s lowest mark since June 24. Global central bankers will join the annual mountain retreat opening on Thursday. Fed Chair Janet Yellen will also be taking part with a Friday speech. European markets opened quite lower on…
Read moreAsian stocks climbed to one-year highs on Monday. The Australian dollar also rose as investors' hunt for yield gathered momentum against a backdrop of a recovering U.S. economy and easy global monetary policy conditions. The U.S. Department of Labor said July non-farm payrolls rose by 255,000 and revised the June increase upward to 292,000. The…
Read moreThe Turkish lira kept some balance, with the dollar down 2.75% at 2.9360 and reversing much of the gains it made on Friday when its highest was around 3.0476. Ankara commented that it was in control of the economy and the country. The crackdown on suspected supporters of the failed military coup was widened, taking…
Read moreSão Paulo-based Verde oversees about 37 billion reals ($9.2 billion) in clients' money. Reports show that Verde Asset Management, Brazil's largest hedge fund based out of São Paulo, has raised up bets against the euro as well as the Brazilian and Chinese currencies on expectations that U.S. interest rate hikes and slumping oil prices would continue…
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