Forex Blog

The currency market is affected by many news, which at a first glance not always seem to be related to Forex. Meanwhile there are many types of financial, political and macroeconomic news that influence the Forex trends directly. Forex news is the important part of the fundamental analysis, which is often…

My last shared trade turned out to be losing one. Oh well, such things happen in Forex trading. But, anyway, today I’d like to share another trade with you. It’s a pull-back trade on USD/JPY, which is based mostly on fundamental analysis. In my opinion (confirmed by the pull-back…

From my own experience, the majority of the Forex traders prefer technical analysis over fundamental. The reasons are quite obvious — only macroeconomical fundamental indicators affect currency prices and there are not many of those available. The stock market has many fundamental parameters for…

EUR/USD was trading below its opening level for the whole day today as the poor GDP data was released in Europe, but managed to go up a little from the daily lows after the mixed fundamental statistics went out in United States. It’s now trading near 1.3572.…

EUR/USD gained slightly during today’s trading session despite the predominantly pro-crisis and anti-euro fundamental news that were released in U.S. and Eurozone both today and yesterday. The currency pair is now trading near 1.3020 after closing at 1.3002 yesterday.

Initial jobless claims were at 640k in United States…

EUR/USD advanced today after the weekly opening gap and even rose above the Friday’s close level. Some of the fundamental reports in U.S. were slightly better than the traders have expected, so the currency markets reacted with the growing high-yielders. EUR/USD is currently trading near…

EUR/USD moved in a fundamentally explainable trend today as the dollar fell before and after the quite worrying report on the new jobless claims in U.S. Although the trade balance deficit change was positive, the traders expected such result and didn’t value it much into the actual…

EUR/USD broke down below the 1.3800 support level today as the dollar was fundamentally more attractive than the euro. Traders expect that the $700 billion bail-out plan will be adopted in the House of Representatives soon after passing Senate yesterday. Meanwhile, European Central Bank left the…

Weak fundamentals will probably make Fed to cut the interest rate one more time by the end of the year. At least the dollar’s bearish movement on Forex today indicate that. EUR/USD reached its peak above the yesterday’s high and posted the first positive result in three days.…

EUR/USD declined today during the whole trading session as the stock markets were also falling globally. Now  U. S. indexes remain in the neutral zone, but the dollar still stands well against the euro, even after some really bad statistics from U.S. A rapid…