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Forex Time

Forex Time
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Forextime.com - ForexTime (FXTM) provides access to the global currency market and offers trading in forex, precious metals, Share CFDs, ETF CFDs and CFDs on Commodity Futures.
US Dollar Currency
The struggling greenback has finally found a lifeline after the Federal Reserve maintained its intention to raise interest rates in 2017 and begin the process of trimming the balance sheet. Before the Fed announced its decision, there were high expectations that monetary policymakers would drag interest rate expectations lower for...
Shinzo Abe
The Japanese economy is taking centre stage at present, as Shinzo Abe is set to call a snap election for October in order to maintain power. This comes off the back of North Korea tensions and of course a recent cabinet reshuffle which have improved his approval ratings. The...
Stocks NYSE
“Risk-on” was the name of the game during Monday’s trading session with World stocks marching into uncharted territories as tensions eased on the Korean peninsula. Most Asian Indexes received further support from the easing geopolitical tensions during early trading on Tuesday and European equities are likely to benefit from the...
Federal Reserve FOMC Stocks
Sterling surged above $1.36 last week, reminding investors that central banks remain the strongest drivers of currency markets. GBPUSD has risen 3% in two days, to trade at a 15-month high after the Bank of England signaled to lift rates from record lows. Investors had to adjust their positions...
US Dollar Currency
The US labour market and inflation data are looking all the more impressive after today's economic results - even Yellen in the FED will be taking notice and thinking about the coming December meeting. Inflation figures picked up to 1.9% Y/Y which is a strong result and in line...
Bank of England
Today’s Bank of England Monetary Policy Committee (MPC) announcement is the main event of the week. While it is highly unlikely that we will see an immediate interest rate hike, or a reduction in quantitative easing, the markets’ biggest question following the rise in inflation, is whether the central...
Stocks NYSE

S&P hits record high

The US economy continued another day of fighting back on the economic front as JOTLS job openings came in at 6.17M (6M exp) showcasing that the US labour market still has a lot of room to move and grow in the current economic environment. Traders were also taking a...
US Stocks
Investors returned from the weekend with a high appetite for risk assets, sending the S&P 500 to a new record high on Monday, with global equities edging higher across the board. Risk-on trading was driven by two factors; the absence of provocative actions from North Korea, and the fact...
US Dollar Currency
The dollar’s weakness and a surge in safe havens, were the central themes in the markets last week. The dollar index fell 1.4% in the past five trading days, taking the overall losses to 10.8% for the year. With market expectations of a U.S. rate hike in December falling...
Mario Draghi
Currency traders were in action yesterday with a couple of unanticipated events causing some wild swings in FX markets. The first was the resignation of the Fed vice-chairman Stanley Fisher, who is considered to be one of the hawks in the Federal Reserve. His departure leaves four of the seven...
US Dollar Currency
It's been a perfect storm for the USD bears today as the USD plummeted against major pairs and commodities. For some time the USD has been quite weak and major pairs have capitalised on it when possible, however there has been a major weather event recently with Hurricane Harvey causing...
Japanese Yen
Asian equity markets remained under pressure for a second consecutive day. Nervousness is still being felt through some asset classes after Sunday’s North Korea’s nuclear test, with the flow continuing into the Yen and Swiss Franc in particular. The most significant statement heard yesterday was from Nikki Hayley, the U.S....
US Dollar Currency
Haven assets were back in demand early Monday following yesterday’s North Korea’s most powerful nuclear bomb ever tested. Gold, Treasuries, Swiss Franc, and the Yen outperformed as investors try to assess the potential impact of North Korea's nuclear test. The market’s reaction seems similar to past missile launches, investors sell...
US Employment
Markets are looking forward to today's non-farm payroll figures which are sure to set the tone for the upcoming FOMC meeting and the possibility of a December rate hike. So far it has been a case of the labour market surprising many in the markets, but the reality is that...
US Dollar Currency
The greenback weakness has been the primary focus in FX trading this year. On Tuesday, the dollar index fell to a 2.5-year low of 91.62, with losses exceeding 10% since the begging of 2017. The underperformance was a result of many factors, including the collapse of Trump trade, convergence in...
Canadian Dollar
The woes in America continue to dominate global trading headlines, as the hurricane has been now downgraded to a tropical storm. Obviously, this is good news for the affected people, but markets have been quick to jump in on the action and none more so than oil markets at present....
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Equities across the globe traded mostly in the red on Tuesday, after North Korea launched a ballistic missile over Japan. Although investors have become sensitized to such actions by Kim’s regime, firing missiles over Japan is a rare occurrence and the message appears to be that North Korea is...
US Dollar Currency
The U.S. dollar remained on the defensive early Thursday, after yesterday’s declines, led by increased uncertainty over another U.S. rate hike in 2017 and President Donald Trump’s fiscal agenda after abolishing the Manufacturing Council and Strategy & Policy Forum. The fall out between Trump and Corporate America was the latest...
Stock Market Janet Yellen FOMC
Developments in the last 48 hours have finally given dollar bulls much-needed motivation to send the greenback higher. It started on Monday, with upbeat comments from New York Fed President Bill Dudley, who opposed his colleagues’ beliefs – by saying that he would favor a third rate increase this year. ...
German Economy DAX
Despite the S&P 500 and Dow Jones industrial average hitting record highs on Monday, the news barely made headlines. I think this could be explained by the scale of the moves. The Dow has traded higher for ten consecutive days, but none of these ten days saw an increase...
US Dollar Currency
It has been another rough and rocky trading week for the Greenback as heightened political jitters in Washington weighed heavily on the currency. Friday’s potential market-shaker will be the US jobs report for July, which should offer crucial insights into the health of the US labour market. With the challenging...
Bank Of England
Sterling held above 1.32 against the dollar early Thursday as traders eagerly await the  Bank of England's policy meeting today. Bond yields declined from July highs but remained elevated, as some market participants believe that the BoE may surprise, with a 25-basis point rate hike. Although the central bank kept...
Australia
As widely anticipated the Reserve Bank of Australia kept its cash rate unchanged at 1.5%. Traders who were positioned for a dovish statement were disappointed despite the central bank saying that a rise in the Aussie would slow the economy.  It was not a surprise that RBA’s governor Philip Lowe...
US Dollar Currency
Six months ago it was hard to believe that the Greenback will be plummeting against all of its major peers. Back then the Fed was the only central bank tightening monetary policy, economic data was very supportive and most importantly Trump’s expected policies of cutting taxes as well as...
FOMC - Janet Yellen
The Dollar tumbled to fresh 13-month lows against a basket of currencies during early trading on Thursday, after July’s Federal Reserve policy statement was presented with a dovish touch. Although the central bank signaled that it would begin shrinking its massive holding of bonds “relatively soon”, the concerns over...
Oil Commodity
The Oil markets are attempting to extend their gains during early trading on Tuesday after OPEC and Non-OPEC members displayed optimism over the current production cut deal and seemed confident that the path they were treading would eventually rebalance the markets. Gains were also supported by Saudi Arabia pledging...
Mario Draghi
Last week the greenback was the biggest loser among all major currencies. The dollar index slipped to a 10-month low, while the Euro, the Pound, the Lonnie, and the Aussie all posted new 2017 highs. The dollar has been falling since the beginning of 2017 despite the two rate hikes...
Federal Reserve FOMC Stocks
With the absence of any top tier news and the markets waiting for further indications on the Fed’s policy when Janet Yellen testifies before Congress on Wednesday, investors and traders are currently in a ‘wait and see’ mode. The week kicked off with most major asset classes moving in tight...
Janet Yellen - Federal Reserve
Minutes from the Federal Reserve’s meeting on 13-14 June showed that monetary policy members were split over the timing of shrinking the balance sheet. While some Fed officials want to kick off the process for reducing the holdings of treasuries and asset-backed securities in September, others want to see more...
Gold Commodity
Equity investors entered the third quarter with an optimistic attitude. Despite the low trading volumes and shortened U.S. trading session, stocks across Europe and the U.S. posted considerable gains sending the Dow Jones industrial average to a new record high with the financial and energy sectors taking the lead. Data...

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Canadian Dollar
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Oil Commodity
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US Dollar Currency
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