Trading Stories


Forex traders need to stay aware of policy makers' motives

By Justin Pugsley

Since the financial crisis the global economy has been gripped by near constant volatility, uncertainty, complexity and ambiguity leading to an almost permanent interventionist stance by central bankers. This has created difficult markets for some forex traders.

And those interventions have been dramatic.

There's been the quantitative easing programmes of the US Federal Reserve, the Bank of England and now the Bank of Japan. The Swiss National Bank effectively killed any prospect of serious CHF rallies by putting a cap on the exchange rate. And even the European Central Bank may this year join the party with some new shock ... Continued


The Daily Score - 23 April 2014

By MahiFX

Market Summary

A sharply weaker Australian dollar was the feature of an otherwise quiet days trading in Asia. The sharp fall came on the back of a weaker than expected 2014 Q1 CPI outturn. The annual pace of underlying inflation came in at 2.6% versus expectations for a 2.9% outcome. ... Continued

The Daily Score - 17 April 2014

By MahiFX

Market Summary

Forex markets are likely to slow down today ahead of the Easter holidays in much of the world with only US weekly jobless claims and the Philly Fed's manufacturing index survey as important data items due later today.

On Wednesday Fed chair Janet Yellen stressed the need for ... Continued