Trading Currencies
The most traded currencies in the world account for US$1.5 trillion changing hands every day.
While nearly everybody has had occasion to change money when they travel abroad, forex traders can be dealing in international currency markets every day. Traditionally a marketplace for big banks and fund managers, now it is becoming increasingly accessible for private investors.
These short guides to each major currency look at the key factors influencing currency price in each region. When trading currencies use these insights to understand the relationships between your chosen pairs.
When are the foreign exchange markets open?
Forex is very liquid, meaning it is easy to buy and sell currencies, and the forex market is open all day. The global foreign exchange market for trading currencies opens in Australia on Monday morning, and closes in New York on Friday evening.
How can I trade currencies?
You can trade currency pairs with a Forex or Contract for Differences broker. These are leveraged products which means they involve greater risk. While there is an opportunity to increase your profits, there is also the chance of greater losses.
Broker | Minimum Deposit | Markets | Products |
---|---|---|---|
Pepperstone | £0 | Bonds Commodities Currencies Indices Stocks & Shares | CFDs FX Spread Betting |
With a strong focus on the trading experience, industry leading technology, low costs and award-winning client support, we feel that Pepperstone is a good option for the more established high volume day trader. | |||
FP Markets | $100 | Bonds Commodities Currencies Indices Stocks & Shares | CFDs FX |
FP Markets is an established ASIC, CySEC FSP and CMA regulated broker. They offer access to the industry leading MetaTrader platforms and provide pricing directly from the market meaning fast execution and transparent pricing. A 24/7 multilingual client support service has won recognition through the highly respected Investment Trends awards. | |||
FxPro | $100 | Bonds Commodities Currencies Indices Stocks & Shares | CFDs FX |
FxPro is a fully regulated CFD provider offering Forex, Metals, Indices, Futures, Cryptos and Stocks. Clients have access to over 2000+ financial instruments and the company serves clients in 173 countries worldwide. FxPro was voted ‘Best Forex Provider’ by The Armchair Trader readers for 2024. |
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Currencies News & Insight
What is the JOLTS Report and why does it matter for US dollar traders?
What is the JOLTS report and why were forex analysts and USD traders paying particular attention to its numbers this week?
Mexican peso under further pressure against strong USD
A combination of a weakening economic picture in Mexico and a stronger US dollar is driving the MXN past 20.
Silver and copper exports boosting Chile’s peso
Chile's peso has been on a run against the USD recently thanks to strong exports from the country's mining sector.
What is fiscal de-anchoring and why does it matter for UK gilts?
The UK's borrowing costs have just shot past the highs we saw during the Truss budget crisis of 2022: what next for the pound?
Mexico’s peso market sees further bearish trends
Domestic economic issues are likely to play the key role in setting up further bearish momentum in the Mexican peso in 2025.
Korean Won (KRW): Is political crisis setting up a longer term bear trade?
The political crisis surrounding South Korea's president has reinforced a medium term bearish trend for the Korean won.
US dollar will be supported by Trump tariff threats, analysts reckon
EUR/USD and USD/CNY have not fully priced in the threat of trade tariff and the euro and yuan could come under further pressure.
Is the US Treasury yields correction an attractive entry point for the Euro?
The gap between the 10-year Treasury and its German bund counterpart is 2.11%, which is close to the highest levels since last April.
Can Fed caution slow the dollar’s bull run?
The dollar has been gaining steadily against other major currencies for the last three months, but will the Fed slow it down?
What is the yen carry trade and why does it matter now?
How has the Bank of Japan has helped to set of a selling spree in US stocks by raising interest rates? And what does this mean for the Nikkei?
French election galvanizes short euro FX trade
With no outright majority in the French parliament after Sunday's elections, forex traders are selling down the euro.
Sterling continues to make gains as gilt yields pick up
The pound's gains come despite inflation being reported as at its slowest pace in more than two and a half years.
Riksbank is latest European central bank to cut interest rates
Sweden's central bank seems to have jumped the gun, cutting rates ahead of either the ECB or Bank of England, but is this a game changer?
Is a resumption of the carry trade on the cards for forex traders?
With FX volatility heading lower and less prospect of central banks easing rates near term, is there scope for carry trades now?
What to do if the US dollar stays stronger for longer
With analysts now saying that the Fed may not cut rates at all this year, investors need to rethink their dollar exposure.
USD vs JPY: more volatility in this key FX pair ahead this week
Big moves in the USDJPY market at the start of this week have prompted speculation that the Bank of Japan is now intervening.
Three markets to watch if the Israel-Iran conflict escalates
As Israel retaliates against Iran in the latest phase of the Middle East war, many traders are long oil, but is this the best option?
Critical few days of trading in the USD/JPY market ahead
Analysts think that investors will remain cautious amid expectations that Japanese authorities will intervene in the market to prevent a decline in the JPY.
Japanese Yen market in focus as traders anticipate intervention from BoJ
Increased volatility in the Japanese yen and rumours of BoJ intervention have broken a major trend in the forex market.
Donald Trump and the Mexican economy: time to short the peso?
Donald Trump's possible re-election as President of the United States poses a significant risk to the Mexican economy.
Why are FX markets suffering with low volatility right now?
The FX market has been subdued, to say the least. We explore why that may be, and what might spur a resurgence in volatility
Japanese yen in focus following intervention rumours
The yen broke a key level of 150 against the dollar this week in what looked suspiciously like intervention from the Bank of Japan.
Is the Bank of England starting to lose the trust of investors?
As interest rates hikes impact the economy, less than two in five UK retail investors have faith in the Bank of England’s decision making.
Japanese yen pushing to new annual lows against USD amid bond turmoil
The Minister of Finance Shunichi Suzuki has spoken about his unwillingness to intervene and support the Japanese yen.
Institutional investors confident that Chinese yuan will reach reserve currency status
Focus on the Chinese yuan this week in the wake of the BRICS summit in South Africa: can it be a viable option to the US Dollar?
Are we entering the end game for central banks’ inflation battle?
Pierre-Antoine Dusoulier, founder & CEO at iBanFirst, assesses whether central banks are nearing the peak of their tightening policies.
China support for private sector boosts crude oil short term
Oil trades are looking for upside positives this week as Chinese government plans for private sector support boost crude.
US Dollar shorts could be in for a nasty reality check
USD shorts could be set for a nasty reality check if the US economy remains resilient and core inflation remains sticky.
Has the euro run out of steam against the dollar?
The euro remains strong against the dollar despite trading a few notches lower this week. and is up 1.67% on the month in June.
US Dollar and Gold in focus for CFD traders this week
It is shaping up to be an interesting end of the week in both the USD and gold markets with traders sifting labour numbers.
Traders long Japanese yen, but bearish on Nikkei 225 index in May
Latest data out of Spectrum Markets shows traders were long the JPY, probably on the back of the Bank of Japan's monetary stance in April.
Dollar rebound could be followed by price corrections
The rebound in USD could be followed by some price corrections thanks to hopes that a deal over the debt ceiling issue could be reached.
Is the Bank of England losing the plot?
The latest hike by the Bank of England has divided analysts and economists and prompted selling of the pound.
The pound is rallying on the back of latest UK GDP data
The pound moved higher after the UK’s GDP data came in slightly above expectations but the currency still remains fragile.
Technical Analysis: JPY under pressure following BOJ comments
The Japanese Yen is under pressure following seemingly dovish comments from incoming Bank of Japan Governor Ueda
Fed Day on Wednesday: five key factors for traders to consider
The meeting will be crucial as Powell pushes back against the dovish market sentiment that inflation has peaked and a pause is warranted.
Are there any positives for the pound ahead of the Bank of England meeting?
The pound held up well against the dollar throughout January but now traders are positioning themselves for slightly weaker trading sessions.
Is Japan the ticking time bomb in global forex and bond markets?
Neil Wilson of Finalto Markets looks at Japan's YCC policy and asks if it is creating problems for global FX markets later this year.
ECB December meeting: the three key takeaways for forex traders
Last week's ECB meeting is being called out as the most important since the Draghi era of policy: what does that mean for EUR traders?
Bank of Japan shakes forex markets with yield curve call
A stunning move by the Bank of Japan is being seen by FX traders and economists as the first step towards tightening, but at what cost?
Traders favouring EUR vs GBP after packed week of central bank action
Sterling was seen to be on the back foot at the end of last week after interest rate hikes across the board from central banks last week.
Traders turned to the short GBP trade for profits in Q3
The number of people trading GBP/USD increased by 23% in Q3 vs Q2, with UK and Middle East traders accounting for the largest volume.
Canadian dollar boosted by oil prices
The currency is benefiting from this week’s nearly 4% gain in oil prices after OPEC said that it is considering cutting oil production.
Dollar strength versus Sterling and Euro weakness
Trader educator Chris Tubby takes a look at what has been happening in the forex and energy markets recently.
Sterling bounces off lows against USD, gilt yields spiral higher
After a catastrophic mini-budget speech on Friday, many investors are wondering what the Bank of England can do to repair things.
Are we heading for a collapse in sovereign debt markets?
The Fed has been raising interest rates sooner and steeper than other major global central banks, strengthening demand for the greenback.
Russia’s fx buying scheme to provide impetus for Chinese yuan?
A big plan is afoot in Moscow to start selling hard currency reserves and buy the soft currencies of key allies like China.
Bank of England rate hike: recession on cards as GBP sells off
The Bank of England has raised rates again, but what are the implications for the GBP and the UK economy we ask?
Boris and the pound: Gray Report means further sell off for sterling
More short side action on sterling at the back end of the week, although FOMC minutes will also be a factor on Thursday.
Bank of England forecasts UK inflation to hit 10% in second half of the year
The stage is set for a pretty bleak winter of discontent with the economy heading into reverse and little end in sight to rising prices.
Can the UK really be turned into a world leading crypto hub?
Is the new UK policy on cryptocurrency just playing catch up or is the country about to turn into a world leader in digital assets?
Massive increase in USD/JPY volumes ahead of BoJ meeting
Broker Capital.com has reported a surge by traders into the USD/JPY pair ahead of the Bank of Japan's policy meeting this week.
LUNA coin tests price record but can it go to the moon?
A lucrative yield-bearing play within the Terra eco system based on the UST stable coin has set up a squeeze on the LUNA price.
Forex market forecast: are you ready for the Fed?
The Fed is expected to hike its policy rate 25bp to 0.25-0.50% at its meeting on 16th March, by which point it likely to end asset purchases.
Are we facing a long winter of discontent for the EUR?
Plenty of attention is focused on Russia and Ukraine, but traders of the Euro also have other things to worry about, writes Vanya Dragomanovich.
Japanese Yen: the myth and reality of Japan’s currency in 2022
Yen weakness in past year has been partly due to deterioration in Japan’s goods trade deficit to a still modest 1.2% of GDP.
Euro starts to pick up as market looks to end of Covid restrictions
With European governments now pondering the end of Covid restrictions, traders are buying back into the Euro market.
Sterling slumping as Omicron forces Bank of England’s hand
The pound has been selling off this week as forex traders reckon the Bank of England is not going to raise rates.
Forex markets: in the kingdom of the blind, USD is still king
A number of interesting trends are developing in global forex markets as both the oil price and further COVID spread make waves.
Forex: UK unemployment numbers reverse the bearish sterling trade – more to come?
A solid set of UK employment figures demonstrates the country is emerging smoothly from furlough, but what about that inflation?
Catalysts for the markets following the upcoming BoE and FOMC meetings
The FOMC and the BoE meeting are firmly in our sights now, and positions and exposures will need to be managed accordingly
Cardano (ADA): will Alonzo tech upgrade lead to break out move?
This weekend's tech upgrade for Cardano could be a major game changer for the cryptocurrency and pave the way for even more gains.
Can Federal Reserve avoid (Jackson) hole?
All eyes today will be on the 2021 Jackson Hole Economic Policy Symposium, the annual gathering of about 45 of the world’s central bank heads organised by the Kansas City Federal Reserve
Solana is the hottest crypto property this week, but can it keep going up?
Solana has seen huge price gains in the last couple of weeks, turning it overnight into the 10th biggest cryptocurrency.
Economists caught off guard by UK CPI, but GBP shrugs it off
Economists were taken by surprise this week as UK inflation dropped back, although GBP and FTSE were largely undecided.
The “swinging” 6 T’s and why they are driving markets this quarter
Toby Sturgeon of ZEDRA outlines the six Ts that are the big factors powering financial markets during this quarter.
Who are the top five Ethereum miners and how much are they making?
With a rally in the ETH price the top miners are making out, but the London hard form and ETH 2.0 will have repercussions.
Dogecoin: experts forecast ‘pump and dump’ coin to hit 42 cents
Panel of crypto experts reckons Dogecoin will go to 42 cents on back of pump and dump tactics, but long term future looks dubious.
The ‘Flippening’: will 2022 be the year Ethereum overtakes Bitcoin?
Expert panel of cryptocurrency pundits back Ethereum against Bitcoin and predicts ETH market cap to exceed BTC next year.
Bitcoin miners’ profitability surges on back of BTC rally
Apart from a rise in the Bitcoin price a number of other factors are combining to increase the profit margins for Bitcoin miners in 2H 2021.
Central bank cryptocurrencies: Bank of International Settlements says lets work together
Central bank cryptocurrencies are coming, but the Bank of International Settlements wants to make sure that they meet common standards.
UK May growth numbers disappoint, but traders shrug it off, go long sterling
The Pound and FTSE were both up despite worse than expected economic growth figures out of the UK this morning.
Comment: Fed’s Powell interest rate comment surprises markets
Kingswood's Rupert Thompson comments on how Federal Reserve Chair Powell surprised the markets with a quarterly forecast that suggested sooner than expected increase in interest rates
Second guessing the Federal Reserve’s monetary policy
The Federal Reserve's monetary policy has been a source of much debate. FX analyst Olivier Desbarres explores their next moves
Who is really driving the Bitcoin price at the moment?
Love them or hate them, a small number of big hitters exercise a massive influence over the price of Bitcoin at the moment.
FOMC preview: will sleepy markets be given a Fed wake-up call?
Given current expectations and a market short of USD’s, could the FOMC meeting prove to be a volatility event for traders?
European retail investors turning bearish on sterling, Italian stocks – latest SERIX data
Spectrum Markets has published its SERIX European retail investor sentiment data for May, including bearish sentiment towards the UK pound.
Traders turning to commodity-based currencies as prices surge
Across all major currency pairs, CAD has been the strongest performer against the dollar gaining +5.5% in 2021 thus far.
What is driving the USD, EUR, JPY, AUD currency markets?
Bond markets are likely to have a significant influence over major currencies like the USD, EUR, JPY and AUD as the global economy recovers
Crypto prices sliding as Chinese regulators announce ban
China has for some time been putting pressure on the crypto space, but this marks an intensification – other countries might follow now.
Internet Computer coin (ICP): is it the next Bitcoin?
Internet Computer (ICP) is being supported by the Dfinity Foundation in an effort to change the way the whole Internet works.
Is the Federal Reserve going to raise rates after all?
US Treasury Secretary Janet Yellen ruffled feathers in the market this week by hinting that the Federal Reserve would need to raise rates.
Can Spore Finance be the next SafeMoon?
Spore Finance is an intriguing NFT punt on the Ethereum blockchain, but could it just be another 'me too' in the wake of SafeMoon?
Busy week ahead for sterling: Scottish vote and Bank of England meeting
Brace yourselves for a busy week ahead with Scottish elections and a much watched Bank of England MPC meeting as UK economy picks up.
Dogecoin price dropping: is it a question of credibility?
Once it was all about funny dog memes, but now that Reddit traders are backing it, is it time for Dogecoin to grow up?
ECB meeting Thursday: EUR hawks will get more vocal if inflation picks up
At the last meeting the ECB said it would pick up the pace of asset purchases, front-loading the PEPP scheme.
Coinbase shares: high rewards, but the risks are huge too
We look at the Coinbase IPO and analyse what some of the key risks are behind all the hype and the stellar share price.
Forex market analysis: the Dollar and the Three Bears
Global FX volatility has remained subdued and well below its 10-year average but the performance of major currencies has been far from even.
Ripple’s XRP: we look at the legal saga driving this cryptocurrency price higher
Ripple's XRP is rallying this week and it seems mostly to do with a fight back its founders have been staging in US courts.
FOMC Review: Lower interest rates for longer
The Fed meeting has revealed their collective thoughts and Pepperstone Analyst Chris Weston reviews the outcome relative to expectations and positioning
The world is shifting, and the markets are looking past this period of incredible uncertainty
The markets are looking past this period of uncertainty and seeing a world with inflation, normalized monetary policy settings and a higher discount rate.
Transitional UK budget unlikely to hit financial markets
There will be a lot of focus on Wednesday's budget but we are not expecting too many surprises - can Sunak afford to rock a boat in a storm?
Bitcoin: will latest moves by Mastercard and BNY Mellon help push price even higher?
It was a busy week for Bitcoin which has seen the price testing new highs and speculation from analysts that this year is going to be the year for crypto.
Dogecoin: is this frothy crypto just a fad, or does it have legs?
If you piled into DOGE (Dogecoin) recently you may be wondering what next? We take an initial look at the cryptocurrency that started as a joke.
What are the implications of the Tesla move into Bitcoin?
Elon Musk has done it again: an SEC filing demonstrates Tesla's enthusiasm for Bitcoin, but we ask what other implications there may for the move?
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 8th February
Analysis: Pound Sterling soars as Bank of England issues bullish statement for 2021
It looks like the Bank of England is slowly taking the idea of negative interest rates off the table and sterling traders like what they hear.
Is it possible to benchmark your foreign exchange trading costs?
All foreign exchange market participants find it hard to identify the real cost of a trade, but times are changing with the arrival of a regulated mid-rate.
NZD forex trading forecast: analysts bullish on Kiwi as COVID stays away
The GBP/NZD currency pair broke trend at the end of the year as the Reserve Bank flirted with negative interest rates and the USD applied pressure
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 11th January
Expert UK Bitcoin panel sets target price of $51,951 by the end of 2021
A panel of Bitcoin experts convened in the UK, which called the price rise correctly last year, believes there is yet more to come in 2021.
A macro vision for 2021: Inflation, Banks and the future of QE
As we move towards the end of 2020, Pepperstone Analyst Chris Weston looks at some of the key macro trends traders can watch for 2021
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 14th December
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 7th December
Forex strategy: what to do when the USD loses its crown?
The US Dollar looks under pressure as the Fed tries to print its way out of COVID; so what are your options as its dominance is threatened?
Key thematic for 2021: Inflation testing the resolve of central banks
The US Dollar continues to be shunned and this holds ever greater implications for global economics and markets. 2021 looks set to be an interesting year
Valour goes live with Bitcoin Zero on Sweden’s Nordic MTF market
To meet demand, Swiss structured products specialist launches a fully-hedged Bitcoin ETP with zero fees to track the price of Bitcoin.
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 30th November
UK Government adopts buy now, pay later scheme
Selling a bit of time over Christmas could force governments into buying disproportionately far more next year at great cost to the economy and society
The institutional awakening of Bitcoin and the crypto space
There is no doubt crypto is becoming a mainstream product, allowing both retail and ever more so institutional accounts the ability to diversify and reduce portfolio variance
Wealthy investors piling into Bitcoin as price surges over $18,000
A number of factors are driving the price of Bitcoin at the moment, including increasing interest from Wall Street and big investors who are looking for a hedge against inflation.
The prospects for an explosive move in the GBP and UK assets
Analyst Chris Weston looks at the likelihood of a big GBP move as the Brexit trade deal deadline looms and what traders can expect in the coming months
Is Bitcoin starting to earn its place in the sun?
PayPal's decision to let its customers use cryptocurrencies has provided an enormous boost for Bitcoin, and increased its dominance at the same time.
Sterling fast approaching day of reckoning
Olivier Desbarres explores three possible broad outcomes with very different implications for Sterling as the Brexit negotiations deadline approaches
Blue wave election scenario – why the USD is going down hard
There has been a lot of talk about the US yield curve. Analyst Chris Weston explores the scenarious around the 30-year US treasury and its impact on USD
AUDNZD: trading central bank divergence
One play that can be incredibly effective in macro thematic trading is trading central bank policy divergence and AUDNZD is catching up to fundamentals
US election: Why a blue wave may be the USD’s most bullish case
The US election is drawing ever closer. Six weeks out, we see a weaker US dollar and strong US equities. So how might markets respond to possible outcomes on 3 November?
Why this FOMC meeting could see significant volatility in markets
Wednesday’s FOMC meeting is the first since the announcement they are adopting a new monetary policy regime. What can investors expect?
Game playing or the start of a no-deal?
Brexit tensions and resulting headlines have come to the fore this week after the UK government published legislation on Wednesday which threatens to undermine the Brexit Withdrawal Agreement
Trading the EURUSD in the near-term
The current EURUSD set-up suggests quite a neutral bias, but the price levels are noted, and the battle lines are drawn
Indian rupee puts on 2% in one week as foreign investors buy in
Last week saw the INR on a bull run against the USD, the consequence of solid foreign buying of Indian stocks. Is there more to come in September?
GBP strengthens against JPY, looks to stage breakout on Abe resignation
The resignation of the Japanese prime minister has given the pound a further boost against the yen but how long can this go on for?
Sterling struggles as traders wake up to hard Brexit possibilities
Sterling finally seems to be losing some of its momentum against the USD as Brexit talks start to run out of runway and traders get worried.
How is the COVID outbreak affecting online forex trading?
The lockdown that started in March has seen many new traders coming to the forex trading market for the first time, but will interest last?
USD and GBP both developing nightmare scenarios for investors
The US economy is heading for a fiscal cliff and the dollar index and gold price are responding accordingly as investors scramble for safe havens.
FX spreads are biggest challenge under coronavirus, say pro traders
Managing forex spreads has been the biggest trading challenge for pro traders since the pandemic and resulting lockdowns began according…
Chinese Renminbi: the Canary in the coal mine?
While the Chinese Renminbi’s depreciation has been modest, it does suggest that Chinese policy-makers are sending the United States a clear message
Will Bitcoin halving lead to another BTC bull run?
The Bitcoin halving will reduce the supply of Bitcoin onto the market - what is this going to do the price of the cryptocurrency?
Conservative FX markets testing (some) extremes
Markets grappling with macroeconomic events and the likely future shape of domestic and global GDP growth rates have on the whole opted for a conservative approach
Brazilian Real (BRL) trade driven by USD strength in Q1
We take another look at emerging markets currencies and find them at the mercy of the massive flight to USD assets in Q1
Range-trade making a comeback as global FX volatility falls
Seismic daily currency moves have given way to a range-bound US Dollar in the past fortnight with a number of major currencies currently trading broadly in the middle of comparatively narrow ranges
From black swans to flightless doves
Markets, it would seem, are giving greater billing to imaginative fiscal measures than to old “tried-and-tested monetary measures. All eyes are now on the US Senate
Sterling slumps its way back to the 1980s
Last week was characterised by an historic and shocking sell off in the pound, but it was a week of extremes in the dollar too.
US dollar rallies as banks and corporates seek liquidity in busy week
It was a dramatic week on global currency markets last week, with some heavy buying of USD, but are you ready for more of the same?
The trend may not be currencies’ friend in very volatile markets
Olivier Desbarres of 4X Global Research reflects on developments in global currency markets after the week that was for forex traders.
Financial markets gripped by “sell/buy now, think later”
The draconian measures which governments have enacted in recent weeks to stop the coronavirus epidemic are having a disproportionately negative impact.
US dollar market sees major sell off as currency traders buy EUR
Last week was a dramatic one for global currency markets as central banks began to respond to the anticipated slowdown in the global economy. What can FX traders expect next?
Financial markets gripped by “sell/buy now, think later”
The draconian measures which governments have enacted in recent weeks to stop the coronavirus epidemic are having a disproportionately negative impact.
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 17th February
What will be driving the Bitcoin price in the next few months?
Bitcoin put on a 4% surge as remarks from the Fed pushed it in the direction of respectability at last but there are other major factors at play driving the price
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 27th January
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 6th January
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 23rd December
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 16th December
Sterling traders and brokers braced for UK election volatility
Brokers are warning traders to expect extremely high levels of volatility in sterling and FTSE over the next 48 hours as UK voters go to the polls.
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 9th December
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 1st December
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 25th November
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 11th November
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 4th November
What does the future hold in store for the Euro?
Joshua Roberts of the JCRA takes a closer look at the European Central Bank after Mario Draghi and questions whether it will be able to cope with the next currency storm to hit the Eurozone.
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 28th October
Bitcoin drop tests 200 day moving average
Bitcoin has been testing its 200 day moving average, causing some concerns across the entire cryptocurrency eco-system.
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 21st October.
Why are cryptocurrency prices so volatile?
Cryptocurrency study by Warwick Business School suggests those who have the information can time the market, make money and drive the prices
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 14th October.
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 7th October.
The UK, US and the Eurozone in the week ahead
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 30th September
Are you getting value for money from your forex trading and hedging?
We talked with Andy Woolmer, CEO of New Change FX, about his work in the area of forex trading to establish a reliable benchmark for forex pricing. And we filmed it too!
What’s happening this week in the US, UK and the Eurozone?
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 23rd September
What’s happening this week in the US, UK and the Eurozone?
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 16th September
What to expect from the European Central Bank meeting on Thursday
We talk to Neil Wilson at Markets.com about what traders should be expecting from the European Central Bank meeting on Thursday
What’s happening this week in the US, UK and the Eurozone?
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 9th September
What’s happening this week in the US, UK and the Eurozone?
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 2nd September
Short of the Week: the British Pound
We look at the ongoing Brexit crisis and its impact on the pound and why CFD traders should be continuing to trade against it.
What’s happening this week in the US, UK and the Eurozone?
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 12th August
What’s happening this week in the US, UK and the Eurozone?
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 22nd July
Powell and Lagarde dominate the week in currencies
We take a look at what has been going on at the world's central banks over what has been a busy week, with our friends at Killik & Co.
DeVere CEO hits out at Congress’ stance on cryptocurrencies
The rise in the price of Bitcoin is creating plenty of excitement, but some wealth managers are getting frustrated with the objections about crypto being aired by the US Congress.
Four things causing the great sterling summer sell off
Forget about who wins the Tory leadership race: it's what happens next to the pound that is of biggest concern. Should you keep shorting it? We take a look.
What’s happening this week in the US, UK and the Eurozone?
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 15th July
Is the end of Euribor in sight?
While many traders will be more than familiar with some of the scandal surrounding Libor, Euribor is also potentially going to be replaced. But what will brokers and traders in the EUR be referencing then?
What’s happening this week in the US, UK and the Eurozone?
Spreadex analyst Connor Campbell looks at the macroeconomic picture and its effect on the markets in the US, UK and the Eurozone for the week of 24th June
Boris Johnson and the great GBP sell off of 2019
The short trade against sterling has been yielding plenty of profit for traders over May and into June. It is being driven by further comments about a hard Brexit coming out of Westminster. Has the pound got further to fall though?
What’s happening this week in the US, UK and the Eurozone?
Spreadex analyst Connor Campbell looks at the macroeconomic picture and it's effect on the markets in the US, UK and the Eurozone for the week of 17th June
The next Bitcoin run is imminent says deVere CEO
As the Bitcoin price on Wednesday broke through the $8,000 barrier, deVere CEO Nigel Green suggests the next Bitcoin run is imminent
Will Jeremy Corbyn wreck the UK gilts market?
Many investors in UK government bonds are becoming increasingly worried about the prospects of a Labour party election victory and what the implications are for gilts.
European elections? It’s what comes NEXT that matters for the pound
The results of the European elections have been largely priced-in for the Pound, but happens next will determine if Sterling will prolong its run of losses
EUR forecast: PMI numbers are bad news for ECB
April is the cruellest month, full of false hope - and so it is for the ECB and Mario Draghi:…
Will Brexit delay mean a relief rally for the pound?
The pound could benefit from a relief rally – but little else has changed - as Theresa May is forced…
Putting cryptocurrencies in your ISA
Following a tumultuous few years in the cryptocurrency space, including a boom and bust cycle that made the dotcom era…
Turkish lira liquidity shakes confidence ahead of local elections
The Turkish lira was focusing mind on emerging markets currency trading desks this morning, as the government in Ankara sought…
Five scenarios for the Pound following Parliament’s ‘indicative votes’
Tonight will see an unusual process take place in Parliament, with the use of ‘indicative votes’. Here are five possible scenarios for the Pound
What is it about Iceland cryptocurrency mining that’s so appealing?
Can Iceland cryptocurrency mining sustain the required energy output? At what point does the smaller reward and increased difficulty make it less appealing
What is stopping Europeans from investing in cryptocurrencies?
New research commissioned by global cryptocurrency specialist Luno has revealed that nearly half (47%) of European countries are still sceptical…
Looking back on a crazy year in cryptocurrencies
This time last year The Armchair Trader was attending a Christmas party, and all people were talking about was Bitcoin…
Bitcoin ETF seems more elusive than ever
Is it game over for Bitcoin? That is increasingly what it looks like as seasoned cryptocurrency traders report more interest…
Smart contracts lie at centre of next Ethereum break out
Traders of cryptocurrencies have come to accept that much of what drives their values these days is the prospect of…
Nothing will end a strong USD faster than a strong USD
Saxo Bank has published its Q4 2018 Quarterly Outlook for global markets. Against an uncertain backdrop, the Outlook offered some interesting…
Italian bond market faces Doom’s Day scenario
Is the Italian government sailing the country towards a cliff? Its latest three year economic plan included an increase in…
A big week for the Bank of Japan and Shinzo Abe
There is likely to be plenty of action if you are trading Japanese yen (JPY) this week. Tomorrow the Bank…
Is it time to reverse that Turkish lira trade?
Turkey's central bank came out fighting this week, hiking rates by 24% from 17.75%. It was above the media expectations…
US and European economic data to provide USD and EUR focus
AxiTrader Analyst, James Hughes looks ahead to next week After last week was dominated by political issues at the White…
Why is the Turkish lira causing panic on stock markets?
The FTSE 100 and other European indexes are all in the red this morning because of the Turkish lira, a…
How could Brexit affect the pound?
How much could the UK pound fall? Why? Could it bounce back? What’s the long-term expectation for the pound if…
[Video] Chinese trade balance data to reveal effects of US tariffs
AxiTrader Analyst, James Hughes looks ahead to next week After what has been a huge few days for markets with…
[Video] Bank of England to raise interest rates and boost the Pound?
AxiTrader Analyst, James Hughes on The Bank of England's interest rate decision this week We have what could be a…
[Video] Trump and the Federal Reserve at odds over the Dollar
AxiTrader Analyst, James Hughes looks at Trump's focus on a weaker Dollar to boost exports
[Video] Euro in focus in lead up to ECB interest rate decision next week
AxiTrader Analyst, James Hughes looks at the European Central Bank interest rate decision on Thursday
[Video] Pound in focus this week as UK economic data released
AxiTrader Analyst, James Hughes looks at the economic data due out this week in the UK and how it may affect the Pound
[Video] Economic data and politics set the tone for currencies
AxiTrader Analyst, James Hughes looks at the effect on the major currencies of upcoming economic data and political turmoil
Flow Traders confirms ETNs based on Bitcoin and Ethereum
Dutch broker is making market in ETNs and hedging them with futures.
[Video] Currency traders look to US non-farm payrolls
AxiTrader Analyst, James Hughes looks ahead to tomorrows non-farm payrolls and its effect on the US Dollar
Barclays advises extreme caution with cryptocurrencies
Barclays Smart Investor investment director says the economic case supporting Bitcoin still needs to be made.
[Video] PMI’s and US jobs report in the week ahead, but trade wars linger
AxiTrader analyst, James Hughes, looks at the impact of PMI's and US jobs report on the major currencies in the week ahead
Should you stay short of the Turkish lira?
The plunging Turkish lira has been a great trade since the start of the year - but is it time to get out now?
[Video] Global trade wars and the US Dollar
AxiTrader analyst, James Hughes, looks at the impact on the Dollar from the global trade war initiated by Trump
[Video] Will the ECB start to taper it’s bond buying?
AxiTrader analyst, James Hughes, looks at the impact on the Euro of the ECB's expected announcement to taper its bond buying
Bitcoin drops 10% after small exchange gets hacked
Cryptocurrency prices plunged more than 10% this morning after the South Korean exchange Coinrail was hacked over the weekend
Italian bonds see liquidity vanishing as crisis deepens
Traders report difficulty in obtaining prices as Italian bonds see moves not seen since 2012
Is Bank of England rate likely to rise as inflation cools?
Poor retail sales and economic growth in Q1 has the market believing the Bank will shy away from a rate rise on Thursday.
Future Economic or Political Events That Are Likely to Drive Sentiment
Britain’s vote to leave the European Union has had a major impact on world financial markets
Twitter boss is wrong to be so bullish on Bitcoin says deVere CEO
deVere CEO Nigel Green offers his thoughts on the future of Bitcoin and the cryptocurrency landscape
CFD broker HYCM launches trading of Ripple and Bitcoin Cash
Decision to launch more cryptocurrency CFDs comes as forex traders ask for more diversification options.
Is Bitcoin a bubble, about to go bust or just getting a dose of reality?
With Bitcoin taking a hammering in 2018, is there any chance of recovery for the beleaguered cryptocurrency
Regulation within crypto currency markets
By Alex Larsen, CFIRM, Institute of Risk Management (IRM) subject expert
Tether coins investigation is bad news for Bitcoin
Tether coin investigation in the US is applying pressure to Bitcoin prices.
Private investors losing confidence in UK government
New survey finds UK investors are more worried about geopolitical risks than they are about Brexit
Morning Round-Up: The FTSE, Pound and Gold
The FTSE is flat as Investors await the UK inflation reading this morning while a weak Dollar has seen Gold prices lift to four month high's
deVere Group launches cryptocurrency app
Growth of interest in cryptocurrencies causes major wealth manager to launch app to help you transact.
UK inflation above 3% will force Bank of England to raise rates again
As the Bank of England ponders its next moves, we think inflation will be a major factor for traders to consider in 2018
Morning Round-Up: FTSE, Dollar and US Fed rate rise
Dollar hindered by cautious US interest rate rise boosts the Pound, holding back the FTSE while US equities set more records
Bitcoin bubble – is it time to get out?
As Bitcoin hits record highs and grabs newspaper headlines, we ask whether this is the dawn of digital currencies or just a massive Ponzi scheme?
Bitstamp to offer trading in bitcoin cash
A Luxembourg broker has said that it will soon offer traders the opportunity to take positions in currency pairs using EUR and USD against bitcoin cash.
More cryptocurrencies available on AvaTrade platform
AvaTrade adds Monero and NEO to its range of cryptocurrencies and extends trading for crypto's to weekends
Bitcoin futures and share trading in London
The CME Group has announced that it will launch bitcoin futures given the increasing interest in cryptocurrency markets
Dollar strengthens as Euro and Pound lose ground
It's the Dollar that has been dominant in early trading today
US Dollar lures investors at the expense of the Euro
2008 global financial crisis tarnished the appeal of Euro denominated debt
Investor focus set to return to the Dollar later today
The release of the FOMC minutes are likely to shed more light on what US policymakers are planning for the Dollar
More worries for the Pound and the UK economy
Standard & Poors sceptical over UK interest rate hike on the back of weak economic data and falling car sales hit the Pound
The Pound waits nervously for Services PMI data
It’s been a tough start to October for the Pound and today is the turn of Services PMI data to provide direction
Hurdles for Trump’s tax reform affects the Dollar
Investors were not happy to hear yet another tax reforms' speech from President Trump which offered no details
US tax reform details maintain Dollar momentum
The dollar has extended the gains it made yesterday after President Trump presented his tax reforms plans
What would a Labour Government mean for the Pound?
Britain's opposition party says it is planning for a major sell-off in the pound should it win the next election
The Dollar set to steal the spotlight
Bullish comments from US Federal Reserve's Janet Yellen and Trump's plans to cut corporation taxes
The Euro is the main focus for traders this week
Angela Merkel has been elected Chancellor for a fourth consecutive term, but there are some challenges ahead
Currency markets focus on tomorrow’s Fed meeting
There's little for the markets to process today beyond speculation surrounding tomorrow’s Fed meeting
The Pound remains the focus today with the UK Employment release
The pound remains at the centre of investors’ attention for the second day in a row ahead of the employment data report
Investors to focus on the Pound with the UK’s Inflation report
Today sees the first of three big releases this week with the UK inflation report
Investors to focus on the Pound this week
The Bank of England's Rate Decision meeting, UK inflation and the employment data release are all due this week
Investors set to focus on the Euro today
The Euro will be in the spotlight leading up to the ECB Rate Decision meeting and Mario Draghi's press conference
Is the Euro likely to reach parity with GBP?
Is parity a real possibility?
European PMI data to provide direction this morning
Investors are set to focus on European PMI Services
Bitcoin hits new record following cash split
As Bitcoin breaks new ground, should we be worried that it is overheating?
Political tensions in Korea dominate sentiment
Heightened political tension in the Korean Peninsular sees the major European indices sharply lower in early trading
The Jackson Hole Symposium main event to take place this evening
Currency traders will be keeping a close eye on the Dollar and the Euro as both Yellen and Draghi are set to speak this evening
Major currencies in focus as world’s central bankers meet
Currency traders will shift their attention today to the monetary policy guidance expected from the central bankers at Jackson Hole
A positive start while investors set to focus on the Euro
Investors will be looking to the ZEW Survey as a stronger Euro dampens business sentiment
US GDP to offer direction for the Dollar next week
US Gross Domestic Product figures today will dictate the price action leading up to next week's Non-Farm Payrolls report
Pound benefits from yesterday’s FOMC update
Investors focus on the central bank’s comments about weak inflation as the pound hits 9 month high against the Dollar
Data from Germany to keep the Euro in focus
Today the focus will be on the release of the IFO Survey from Germany and the business sentiment report
European currencies set to take the spotlight
Investors will be focusing on UK June Retail Sales and the European Central Bank meeting
Investor attention turns to the Euro
The European Central Bank's rate decision on Thursday will provide the focus this week
US dollar under pressure following Yellen’s comments
US equity markets rallied following Fed Chair Yellen’s testimony to Congress, reacting favourably to her less hawkish tone
Pound drops as hopes of an interest rate rise are dampened
The Pound fell overnight following Bank of England Deputy Governor, Ben Broadbent's comments yesterday that he doesn't see a rate hike soon
Investor attention to switch to the Pound
Two of the Bank of England's key policy makers are speaking this afternoon
The Brexit impact on financial markets
There is still plenty of potential disaster lying in wait in UK financial markets one year on, says Editor, Stuart Fieldhouse
Pound under pressure as Conservative talks with DUP continue
Theresa May continues talks with DUP leader Arlene Foster on a ‘confidence and supply agreement’ this week
Can the Canadian dollar continue its run?
It looks as if the Bank of Canada may be gearing up for a rate rise, and the currency market is starting to respond.
UK inflation figures set to keep spotlight on the Pound
The British Pound will continue to make headlines today in light of the release of the inflation figures
UK opinion polls driving the Pound
The UK election appears to be driving trading this morning, with the pound falling following publication of the latest opinion polls
Investors look to UK Retail Sales while Trump dominates headlines
In focus for UK investors this morning will be UK Retail Sales, while the markets deal with yesterday's Trump revelations
Inflation data to set the tone for the FTSE and Pound
Analysts are expecting the figure to hit 3.5% - adding to the pricing squeeze for consumers
Euro in the spotlight as ECB President set to speak
ECB President Mario Draghi will be speaking on the impact of ECB monetary policy later today
Investors relieved as Macron wins
The French Presidential Election result provided an emphatic win for Emmanuel Macron over the more controversial far right candidate, Marine Le Pen
ECB rate decision means all eyes on the Euro
While Trump managed to disappoint investors with a lack of progress on his tax reform, Mario Draghi takes centre stage this afternoon following the ECBs rate decision
Where’s the love for sterling?
A snap election call has currency pundits revising their forecasts for the pound, but can it really go to $1.35?
French Election results boost the Euro
The Euro reacted positively to the news, jumping 1.4-1.5% against both the dollar and the pound
Europe set to take centre stage today
Build up to this weekend's first round of the French Presidential election, the release of the Eurozone Manufacturing and Services PMI and UK's Retail Sales are all in today's mix
Politics to set the agenda for investors today
Investors will be focusing on continued analysis of this weekend's French first round Presidential election and the UK's snap general election
US Dollar hit by Trump’s suggestion it’s too strong
The President told the Wall Street Journal that he thinks the ‘dollar is getting too strong’
Syrian air strikes add to what was already a busy day for the markets
Already on the agenda is UK manufacturing and industrial production figures, the US non-farm jobs report and the visit from China’s President Xi to meet Trump
Changing faces at the Fed
What are the implications of potential changes at the Fed scheduled for next year?
Fed meeting minutes and Trump/Xi meeting weigh on Markets
Yesterday's ADP employment data-inspired gains were reversed following some surprises from the Fed meeting minutes which will weigh on the markets today
Sterling and the US Dollar set to be in focus today
The services sector steps into focus this Wednesday, providing investors with another chance to assess the state of the UK economy
GBPUSD threatens to fall below $1.24 ahead of UK construction PMI
The main focus for both the FTSE 100 index and the Pound this morning will be the construction PMI data
Last quarter’s manufacturing data in focus today
April hits the ground running with the markets kicking off the second quarter with a glimpse at Q1’s final manufacturing PMIs
Brazilian Real – it’s not over yet
While some analysts are calling a reversal in the BRL, we beg to differ
European economic data to set the tone
The UK’s final fourth quarter GDP reading, German employment data and Eurozone inflation figures are due out later
Markets lacking any real momentum
Following yesterday's triggering of Article 50, there's little in the diary to give the markets real focus this morning
The UK all set to trigger Article 50
In focus today will be the UK’s triggering of Article 50 to commence divorce proceedings from the European Union
Attention set to focus on the triggering of Article 50
A light economic calendar today suggests investors focus will turn to the UK's triggering of Article 50
Trump’s Healthcare bill withdrawal dominates sentiment
In focus this morning will be the from fallout from the 11th hour withdrawal of the US Healthcare bill on Friday night
US Healthcare vote set to determine next week’s sentiment
A last minute postponement of the key congressional Healthcare vote until later today is likely to determine sentiment for next week
A quiet start following yesterday’s events in Westminster
The European markets got off to an understandably quiet start following yesterday's events in Westminster
European indexes a sea of red following US equity markets yesterday
Concerns about the pace of President Trump's fiscal reform are weighing on market sentiment
UK inflation rockets to 2.3%, sends pound soaring
Everyone knew inflation would rise in February but last month's jump has surprised investors
Buying a property abroad and facing the prospect of a weakening pound
Buying a property abroad this year will be much more expensive than it has been historically
UK to focus on this morning’s inflation figures
Inflation is the name of the game today with the UK markets keen to see what level the metric crept to last month
Markets continue to digest last week’s events
An empty economic calendar this morning has left the door open for last week’s trading trends to creep in
FTSE takes a breather having hit another record high
Having closed above 7400 for the first time in its history last night, the FTSE took a justified breather after the bell, starting the day relatively flat at yesterday’s highs
Federal Reserve meeting set to dominate
This evening’s Fed rate decision will claim top billing where markets are already factoring in another hike
Sterling gives back yesterday’s gains
A relatively empty economic calendar kept the UK market’s eyes firmly on macro concerns this Tuesday morning.
Quiet start in the shadow of Wednesday’s Fed meeting
Things were quiet this morning, the start of the week largely lurking in the shadow of Wednesday’s Fed meeting.
The Chancellor’s Spring Budget set to take centre stage
Things are off to an inauspicious start this Wednesday, investors perhaps not willing to show their hand until after the Spring Budget later today.
A quieter start as investors focus on the latter part of the week
Investors are going to have to wait a bit longer for all the juicy stuff in the back end of the week
Deutsche Bank-led banking sector slide drags on FTSE et al
Despite a flurry of M&A action the European indices weren’t indulging in any excitement this Monday
UK services slump drags sterling lower, Eurozone reading nears 6 year high
Most of the morning’s services data was absorbed by the forex markets this Friday, which didn’t do much for the red-tinged indices
PMI Services and Fed speakers to set the tone for the day
PMI Services readings will be the order of the day alongside this afternoon’s raft of Federal Reserve speakers
Trump renews market optimism following his Congressional address
The markets have been bouyed by US President Trump’s overnight Congressional address offering a less divisive and more optimistic outlook to his inauguration speech