The following article was submitted by Michael Stark, market analyst at Exness. The focus of economic data for forex markets this week is on GDP growth in the eurozone, Canada and the UK. American inflation and retail sales are also likely to have significant effects on markets in the second half of the week. Last…
Read more
ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 30, 2019. See details below: FOREX On Tuesday the Pound hit the lowest level against the US Dollar in more than 2 years. Sterling weakness results from increased chances of a no deal Brexit, which is seen by the markets…
Read more
ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 12, 2019. See details below: FOREX The US Dollar continues to record losses against other major currencies, as the momentum started earlier in the week keeps the greenback under selling pressure. Following much better than expected US employment figures, the…
Read more
ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 11, 2019. See details below: FOREX The US Dollar is under pressure, following Jerome Powell’s testimony to the congress, which started yesterday. The Chairman of the Fed said, in a pre-written statement, that there are challenges to the growth of…
Read more
ActivTrades’ Market Analysts have prepared for LeapRate their daily commentary on traditional markets for July 9, 2019. See details below: FOREX/BREXIT The Pound touched year lows against the Dollar on Tuesday, trading below $1.2490. Sterling’s fall is explained by ongoing Brexit uncertainty and a slow down in economic activity. Construction and manufacturing activity contracted in…
Read more
Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for June 18, 2019. The text below is an excerpt and does not contain the full analysis. No doubt everyone wants to read about two major updates in the crypto market. Facebook has released some much-anticipated…
Read more
ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 18, 2019. See details below: FOREX Trading at yearly lows to the Dollar, just above $1.25, the Pound is under pressure. Another would be potential Tory leader and future Prime Minister pulled out from the race and vowed to support…
Read more
ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for June 17, 2019. EURUSD The euro tumbled on Friday against the greenback. Closing at 1.1210(-69 pips) on Friday. The dollar recovered amid decreasing fears of an upcoming dovish Fed. The preliminary June Michigan Consumer Sentiment Index came…
Read more
ActivTrades’ Market Analysts have prepared for Leaprate their daily commentary on traditional markets for June 13, 2019. See details below: FOREX The Yen, widely seen as a refuge asset during uncertain times, is becoming the star performer among the top currencies, already up by 0.2% on the day to the US Dollar. This can be…
Read more
ASIC and FCA licensed Retail FX broker AETOS Capital Group have provided their daily commentary on traditional markets for June 12, 2019. EURUSD The euro appreciated to 1.1328(+11 pips) against the greenback. The mostly traded pair was supported by a better market sentiment, as China announced more stimulus measures aimed to support the local economy, which…
Read more