Category Archives: News

Early August market update

As even rookie currency watchers embarking on their Forex trading courses will be aware, the world of currency exchange is rooted in the world of commodities

Pokémon Go stuns Financial Markets

Pokémon Go- So you have probably heard about Pokémon Go taking the world by storm. Or you haven’t. If you haven’t, here is what you should know; Pokémon Go is augmented reality based game where you can become

How will Brexit affect our finances?

Thursday 24th June 2016 will go down in history as the day the United Kingdom voted to leave the European Union. Whether it was a good decision or bad decision is yet to be seen but as the divorce from the EU

May Retail Sales in UK beat Expectations

How many items of clothing did you buy last month? According to the Office for National Statistics, better weather in May sent clothing sales through the roof! Up to 4.3% month-on-month

Forex Trading Weekly round-up – June WK2 2016

Today (10th June) the employment change for Canada ways release and for those of you who have been trading the CAD would have been in for a treat! For those of you that don’t know, this is vital economic data which is

Are Brexit Fears Driving a GBP Sell-Off?

The current GBP to EUR exchange rate begins the week trading at 1.25 and looks set to fall further to 1.2279. This is likely to prove a tough obstacle to break through, mainly because Forex traders tend to “cluster buy” orders in the vicinity of a pivot point such as this, with the expectation that

Update on the Current Market, Early May 2016

Forex traders with their eyes on the bourses open for business this May Day saw European equities surging upwards, with the pace being set by major export stocks.   With exports surging by 2.7 per cent, BMW was the biggest single winner as Frankfurt’s Xetra Dax 30 climbed by one per cent in European trading

Will the BoE Discuss Interest Rate Cuts this Week?

Traders watching their Forex trading strategies may have some adjusting to do on Thursday, when the Bank of England’s nine-strong Monetary Policy Committee (MPC) meets amidst speculation that a rate cut is in the offing.   At least one policy maker believes that, with gloomy news gathering about the performance of the UK economy, a