How to Trade Forex News: An Introduction

How to Trade Forex News: An Introduction   https://www.dailyfx.com/forex/fundamental/article/special_report/2021/02/23/how-to-trade-forex-news.html Find out the essentials of trading the news with this introductory guide to forex news trading

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DailyFX - Market News FX

Watch live, Fed's Chair Powell WSJ questions, US dollar to find support on hawkish rehtoric? 17 May 2022

Developing story The US dollar is crumbling, this week as investors survey the landscape of the global economy, not just in the US. The greenback has

AUD/USD advances sharply towards 0.7020s on a risk-on mood, ahead of Aussie Wage Price Index 17 May 2022

The Australian dollar marches forward but faces solid resistance around the 0.7040-50 area and retreats towards the 0.7010s, amidst a positive market

EUR/USD bulls take on the 78.6% Fibo ratio ahead of Powell 17 May 2022

At 1.0548, the euro is higher vs. the US dollar by some 1.13% at the time of writing after rallying on broard risk-on from 1.0428 to a high of 1.0555.

USD/CHF Price Analysis: Retreats from parity and hovers around 0.9930s on profit-taking 17 May 2022

The USD/CHF plunged following the release of US Retail Sales, which came better than expected, though market players booked profits ahead of a later s

US: Continued strength in production is still encouraging – Wells Fargo 17 May 2022

Data released on Tuesday showed Industrial Production rose 1.1% in April. Analysts at Wells Fargo point out that US factories, mines and energy produc

GBP/USD could head as low at 1.20 on a 3-month view – Rabobank 17 May 2022

Despite the recovery seen on Tuesday in the GBP/USD pair, the pound is not out of the woods. They consider risk appetite looks vulnerable and warn the

US: Retail Sales rise despite inflation and weak consumer confidence – Wells Fargo 17 May 2022

Despite rising interest rates, high inflation and product shortages, retail sales rose above expectations in April and upward revisions to the prior m

USD/MXN drops to four-week lows below 20.00 amid risk appetite 17 May 2022

The USD/MXN is falling on Tuesday for the sixth consecutive day. It bottomed at 19.92, the lowest level since April 19 and then rebounded toward 20.00

Gold Price Forecast: XAU/USD bulls suffer around the 200-DMA and throw the towel as gold slips to $1820s 17 May 2022

Gold spot (XAU/USD) modestly slides after facing a solid resistance near the trend-setter 200-day moving average (DMA) at around $1837.57, which held

USD/CAD rebounds toward 1.2850 as the US dollar stabilizes 17 May 2022

The USD/CAD bounced to the upside and eared losses on Tuesday after the greenback gained momentum during the American session. The pair printed a fres

New Zealand GDT Price Index registered at -2.9%, below expectations (-1.7%) 17 May 2022

New Zealand GDT Price Index registered at -2.9%, below expectations (-1.7%)

NIO Stock Forecast: Nio rallies 10.5% on back of Chinese official's comments 17 May 2022

NYSE:NIO kicked the week off on a bullish note after receiving a favorable price upgrade from a major financial name. On Monday, shares of Nio rose by

WTI rallies towards late-March highs in $116s on constructive China updates, Russia/OPEC+ output woes 17 May 2022

Oil prices have maintained and extended on recent upside momentum on Tuesday, with front-month WTI futures rallying into the $115s per barrel and eyei

US Dollar Index tumbles to 2-week lows near 103.20 ahead of Powell 17 May 2022

The US Dollar Index (DXY), which tracks the greenback vs. a bundle of its main competitors, remains on the defensive well below the 104.00 mark on Tue

United States Business Inventories registered at 2% above expectations (1.9%) in March 17 May 2022

United States Business Inventories registered at 2% above expectations (1.9%) in March

United States NAHB Housing Market Index came in at 69 below forecasts (75) in May 17 May 2022

United States NAHB Housing Market Index came in at 69 below forecasts (75) in May

Bajaj Auto (NSE Stock): Expecting further correction prior to an advance 17 May 2022

Bajaj has been on a bull run ever since it’s 2018 to 2020 pandemic’s correction. It has been climbing from 1790 to Feb 2021’s 4350 high. We have been

USD/JPY Price Analysis: Climbs to three-day high, eyes descending trend-line resistance 17 May 2022

The USD/JPY pair edged higher during the early North American session and climbed to a three-day high in reaction to better-than-expected US Retail Sa

SCHW: Correcting lower before next cycle up 17 May 2022

The Charles Schwab Corporation (SCHW), together with its subsidiaries, provides wealth management, securities brokerage, banking, asset management, cu

$OZL: Australian mining company Oz Minerals reaching medium-term buying area 17 May 2022

Oz Minerals is an Australian mining company. The main products are gold and copper. Formed in 2008 after the merger of Oxiana Limited and Zinifex, it

How to Trade Forex News: An Introduction

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Boris Johnson Risks Facing Vote of No-Confidence – Impact on GBP/USD

Canadian Inflation Rate 4.8% as Expected – Markets Look to BoC Next Week

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