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Forex – Yen gains in early Asia ahead of core machinery orders

Forex – Yen gains in early Asia ahead of core machinery orders – – The yen gained in early Asia on Monday with investors looking ahead to machinery orders data. USD/JPY changed hands at 113.73, down 0.09%, while AUD/USD traded at 0.7550, down 0.19%. EUR/USD was quoted at 1.1166, up 0.16%. Continue reading at

Forex Market: USD/CAD daily trading outlook

Friday's trade saw USD/CAD within the range of 1.3164-1.3368. The pair closed at 1.3210, depreciating 1.02% on a daily basis. It has been the 24th drop in the past 49 trading days. The daily low has been the lowest level since November 6th 2015, when a … Continue reading at

FOREX-Dollar steadies before BOJ, Fed meetings

LONDON, March 14 Currency markets were off to a relatively quiet start on Monday, stabilising after last week’s large swings, as investors geared up for Japanese and U.S. central bank policy meetings that could provide them with fresh direction. There are … Continue reading at

Foreign Exchange

The Forex Week Ahead

EUR - ECB President Darghi must have been fiercely disappointed to suffer the same fate as he did in December as the Euro rallied following the ECB meeting. However, the new measures announced suggest that the ECB is moving away from attempts to weaken … Continue reading at

Japanese OTC Forex volumes rise 11.8% MoM in February 2016

The Financial Futures Association of Japan (FFAJ) has just published the monthly operating metrics of its members that offer Forex and binary options trading over the counter for February 2016. While OTC Forex volumes had another strong month, binary … Continue reading at

Making Sense of the Dollar: Exposing Dangerous Myths about Trade and Foreign Exchange
Has the greenback really lost its preeminent place in the world? Not according to currency expert Marc Chandler, who explains why …

How to Make a Living Trading Foreign Exchange: A Guaranteed Income for Life
Solid Forex strategies for capturing profits in today’s volatile markets How to Make a Living Trading Foreign Exchange puts the wo…

Beat the Forex Dealer: An Insider’s Look into Trading Today’s Foreign Exchange Market
The foreign-exchange market is often referred to as the Slaughterhouse where novice traders go to get ‘chopped up’. It is one of e…

Foreign Exchange

GTB Maintains Lead in Forex Allocation from CBN

For the second week in a row, Guaranty Trust Bank Plc (GTB) maintained its lead garnering the highest allocation of foreign exchange from the Central Bank of Nigeria (CBN), as last week's figures have shown. GTB with an allotment of $ 30,902,089.86 was … Continue reading at

Forex Technical Outlook For EUR/USD (Daily)

The USD is in sell mode ahead of the US Fed's economic policy meeting Tuesday and Wednesday, with the EUR/USD pair trading as high as 1.1217 last week, as the ECB failed to weaken the single currency, and pushed the Buck South. The Euro spiked after the … Continue reading at

Nigeria's FOREX Crisis: CBN Governor Suspends Deputy and 4 other Directors

Mr. Godwin Emefiele, governor of Central Bank of Nigeria (CBN) has reportedly suspended Joseph Nnanna, deputy governor, Financial System Surveillance of the apex bank and four deputy directors for falling prey to scammers who defrauded the CBN. Some … Continue reading at

Forex Forecast: Pairs In Focus

The difference between success and failure in Forex trading is very likely to depend upon which currency pairs you choose to trade each week, and not on the exact trading methods you might use to determine trade entries and exits. Each week I am going to … Continue reading at

Foreign Exchange

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