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Forex Market: AUD/USD trading outlook for February 22nd

Forex Market: AUD/USD trading outlook for February 22nd

Friday's trade saw AUD/USD within the range of 0.7065-0.7164. The pair closed at 0.7150, shedding 0.10% on a daily basis. It has been the 7th drop in the past 15 trading days and also a second consecutive one. The daily low has been the lowest level … Continue reading at

Forex Ranking And Rating For Week 8

Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and … Continue reading at

FXCM with 2.7m Debt, No Guarantee of Deal Restructuring with Leucadia

Taking the unusual step of reporting after the close on a Friday last week was Leucadia National Corporation. Within the forex world, Leucadia is best known for having provided $ 300 million in financing to FXCM following the January 15th 2015 Swiss franc … Continue reading at


Egyptian pound steady at forex sale and black market

Egypt, which depends heavily on imports, is facing a foreign currency crisis and is under increasing pressure to devalue the pound, but the bank surprised markets when it strengthened the pound by 20 piasters in November and held it steady ever since. Continue reading at

Manufacturing, The FX Situation And The Nigerian Economy By Abdulsamad Rabiu

To be quite frank, the current forex situation is bad. Even the Manufacturers Association of Nigeria (MAN) and other organised private sector operators have raised the alarm over the unfavourable forex situation. There are lots of issues, from regulatory … Continue reading at

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Forex crisis: Exchange rate now N400/ USD1 in parallel market

In what is becoming increasingly clearer, a cocktail of bad choices, incoherent policies made worse by instability in the markets, as well as a fastidious clinging to antiquated ideas, the fate of the Naira hangs in the balance as it continues its … Continue reading at

Forex reserves up by 7.2 mn to 1.831 bn

Mumbai: Country’s foreign exchange reserves rose by USD 347.2 million to USD 351.831 billion in the week to February 12, helped by an increase in foreign currency assets (FCAs), according to the Reserve Bank. In the previous week, the reserves had surged … Continue reading at

Latest gold, forex rates in UAE: Gold slips but only just

Prices remain up nearly 16 per cent so far this year, with turmoil in the wider financial markets fuelling interest in the metal as a store of value while reducing the likelihood of further interest rate rises by the US Federal Reserve. That is continuing … Continue reading at

Forex – EUR/USD holds steady near 2-week lows – – The euro held steady near two-week lows against the U.S. dollar on Friday, as positive U.S. inflation data lent broad support to the greenback, while growing expectations for further easing by the European Central Bank … Continue reading at

Forex Weekly Outlook February 22-26

The market mood was generally positive, with the safe haven currencies losing some of their shine. US Consumer Confidence, GDP data in the UK and the US, Durable Goods Orders stand out in the last full week of February. These are the top events on forex … Continue reading at

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Weekly Forex Outlook and Review for the 15th to the 19th of February 2016.

15 Pairs and Markets Analysed this Week in the review: EURUSD, GBPUSD, AUDUSD ( 4 Hour ), NZDUSD ( 4 Hour ), USDJPY, USDCHF, Silver, Gold, AUDCAD, GBPAUD, AUDNZD ( 4 Hour ), GBPNZD, GBPCAD, EURAUD and EURCAD.

Areas highlighted in the review this week include potential opportunity zones, management points and targets.

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