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EUR/USD: a pair to watch

Published: July, 2020.

Friday will be a busy day in the forex markets, especially earlier on. It is the single European currency that looks set to occupy almost all of the attention, at least in the morning. The day will begin at 8am GMT with a data release focusing on ...

AUD/USD to be watched as employment rates come out

Published: July, 2020.

The Australian dollar is likely to be put firmly in the spotlight in the forex trading markets on Thursday as a series of employment-related statistics are released. The day will kick off in the GMT timezone with a number of Antipodean labour market ...

The man who would be kingpin: Facebook’s latest problems

Published: July, 2020.

On Friday, Facebook shares finally fell – 8.3% in the space of a day. It is alleged that Mark Zuckerberg made a great deal of money while testifying to Congress about Cambridge Analytica’s use of Facebook’s private user data by the ...

Spotlight shines on the euro

Published: July, 2020.

Traders of the single European currency are likely to find themselves kept busy as trading gets underway on Tuesday. A range of economic calendar events from various major European economies is scheduled for Tuesday morning. German consumer price ...

Big week for GBP/USD: what’s on?

Published: July, 2020.

With a new foreign exchange trading week now getting underway, it’s a good time to look ahead and see what is happening in the markets. The GBP/USD currency pair will be under close scrutiny this week as sterling finds itself in the spotlight ...

Bithumb chair in fraud allegations

Published: July, 2020.

Two men in South Korea are continuing a serious disagreement over which of them is responsible for an alleged fraud. The disagreement focuses on a token called BXA, which has since been hit with controversy after investors attempted to sue those ...

Next week in the FX markets: what’s on?

Published: July, 2020.

The foreign exchange trading week is now beginning to come to an end, and so now is a good time to look ahead at what’s on the agenda next week. The forex week will kick off in earnest on Monday 13th with an announcement from China on ...

US regulator charges forex trader with fraud

Published: July, 2020.

A major US regulator has lodged charges against a man who is accused of offering fraudulent foreign exchange opportunities. James Frederick Walsh, who reportedly called himself a “master trader”, will face the charges thanks to action from the ...

What’s coming up on the forex calendar this week?

Published: July, 2020.

Now that a new forex trading week is underway, it makes sense to look ahead at what will be coming up as the days go by. Tuesday will begin with an interest rate decision from the Reserve Bank of Australia, which is expected at 4:30am GMT. This ...

USDJPY Daily – Buyers gaining momentum

Published: July, 2020.

The USDJPY currency pair, on the D1 time-frame, was in a downward spiral until June the 23rd when a lower bottom was reached at 106.071. Buyers found the price attractive and demand began exceeding supply. After the lower bottom at 106.071, the ...

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