Akmal1054

Traders of different types participate in the forex market. For a novice trader, it is important to find the trading style that best suits his or her personality and strategy. One has only so much energy, therefore, traders should focus on trading the products that they are best at and most interest

Asian markets turn softer today as boost from US stimulus package fades very quickly. Focus will instead turn to BoE rate decision and US jobless claims. In particular, the latter would reveal how serious the initial impact of coronavirus outbreak in the US is. In the currency markets, commodity cur

Dollar softens mildly again today as consolidation extends. The shock delivered by initial jobless claims is actually rather well expected. The greenback dips slightly after Fed chair Jerome Powell’s comments, but that’s it. BoE keep monetary policies unchanged at the scheduled meeting today, which

GBP/USD flash crash, drops from 1.2379-1.2242. The US dollar spiked hard across the board, sending sterling down 1.1% the yen down over 0.5%, EUR -.0.48% and AUD -1.8%. More to come...

Each of equities indices, bonds and the US dollar rallied to start the week, save for oil prices which continued their battering. Is it a sign of a bottom, or quarter-end rebalancing? The Australian dollar was the top performer while the Canadian dollar lagged. China's official PMIs are due up next.