A UNIQUE FOREX BROKER WITH TIGHT SPREADS OFFERING MT4 | CTRADER | FIX API | PAMM | CUSTOM LIQUIDITY

Thanks to swift action worldwide by central banks, global equities avoided a disastrous place, a possible combination of a 1930’s like depression and the 2008 financial crisis. In just a matter of weeks, massive monetary and fiscal stimulus was...

The US dollar remains on the back foot after plunging on Thursday alongside the third consecutive rise in stocks, yet S&P futures are pointing to a downside correction. Investors are cheering the Federal Reserve's unlimited ...

Gold prices were steady close to two-week highs in Asia on Friday. The coronavirus’ horrible impact on the global economy was underlined by truly horrific US employment data in the previous session but hopes for more, major governmental rescue action seems to be cushioning the blow...

The Asian equities tracked the Wall Street rally on Friday, induced by the US $2 trillion stimulus package. The market mood, however, remained cautious amid no stopping in the coronavirus spread globally...

The Fed's unlimited QE, $2 trillion US stimulus package weighed on the USD. Thursday's key focus will be on the US macro data, Haresh Menghani from FXStreet informs...

Crude oil prices were back close to where they began Thursday’s Asia Pacific session as it began to wind down. Early gains were pared into the afternoon’s proceedings as investors nervously awaited key US labour market data...

Here is what you need to know on Thursday, March 26:The US Senate finally passed the $2 trillion stimulus bill to mitigate...

EUR/USD Wednesday's four-hour chart is painting a positive development. Yohay Elam, an analyst at FXStreet, takes a look at the EUR/USD pair technical picture...

Traders scaled back their open interest positions by around 12.7K contracts on Tuesday, according to preliminary data from CME Group. Volume, instead, rose for the second session in a row, this time by nearly 150K contracts...

Here is what you need to know on Wednesday, March 25:The market mood remains upbeat as the US Senate reached a deal on a...

Despite the slump in the UK and Euro area services sector activity as well as the contraction in the factories, which points towards a recession, the risk-on trading action in the European trading remains unperturbed.

The GBP/USD pair climbed to fresh session tops, with bulls now looking to build on the momentum beyond the 1.1700 mark despite mixed UK PMI prints...

The single currency is prolonging the upbeat mood on Tuesday and is helping EUR/USD to break above the key 1.0800 barrier to print fresh 3-day highs near 1.0870....

EUR/USD has eroded the 35 year uptrend at 1.0782/74 on a weekly basis. Karen Jones from Commerzbank analyzes the EUR/USD pair technically...

The constant increase in coronavirus cases and deaths, alongside the failure of US politicians to strike a deal on fiscal stimulus is weighing heavily on markets. US stock futures hit limit down alongside Asian stocks, and ...

The ECB disappointed the markets by not cutting interest rates at the meeting last week but responded with a massive surprise QE program on Wednesday that made up for it. The temporary bond purchases...

Gold continued gaining some positive traction through the early European session and shot to fresh daily tops, around the $1514-15 region in the last hour...

“In an unexpected move, unveiled late on Wednesday (18 March), the European Central Bank (ECB) announced a new EUR750bn bond-buying programme, called the Pandemic Emergency Purchase Programme...

The US dollar takes a breather and is retreating after raging across the board throughout the week, as stocks find some calm after a wild week amid the coronavirus crisis. The respiratory disease has already taken the lives of over 10,000 people worldwide, with over 244,000 infected...

Bank of Canada (BoC) commits to do what is necessary to keep system running, Dawn Desjardins, a VP & Deputy Chief Economist at the Royal Bank of Canada reports...

WTI plunged again as Saudi Arabia instructed Aramco to keep production at 12.3m barrels per day. News for the sector continued to deteriorate, economists at ANZ Research inform...

Preliminary German IFO data for March in the upcoming European session may amplify EUR/USD losses after ZEW data earlier this week sent the Euro tumbling below key support. While markets are rarely paying attention to...

Traders trimmed their open interest positions once again on Tuesday, this time by around 10.3K contracts, in light of advanced figures from CME Group. In the same direction, volume went down by around 152.6K contracts...

Gold extended its sharp intraday slide and weakened farther below the key $1500 psychological mark through the early European session...

Heavy selling hit the base metals, with copper posting its biggest two day loss since 2015, strategists at ANZ Research apprise...

EUR/USD is holding onto its range in a typical "dead cat bounce" move but that may change. Tuesday's four-hour chart is pointing to the downside, as FXStreet’s analyst notes...

Gold prices were lower again on Wednesday even as the coronavirus’ spread continued to dominate the news cycle. Investors reportedly sold gold holdings to cover cash losses incurred elsewhere, especially in the equity market rout of the past month, as they’ve been seen doing before...

Stocks are in the green early on Saint Patrick's Day, after yet another massive sell-off on Monday. Concerns about the impact of coronavirus weighed heavily on the markets, triggering double-digit falls on Wall Street in the worst fall since 1987...

The Bank of Japan (BoJ) Governor Haruhiko Kuroda, in the post-policy meeting press conference, was noted saying that today's move was made out of coordination among other countries' central banks as uncertainty remains high...

EUR/USD remained depressed on Friday and retested weekly lows, near the 1.1055 area. Haresh Menghani, an analyst at FXStreet, takes a look at the pair from a technical perspective.

A fourth week of heightened volatility will see financial markets continue to focus on the coronavirus spread across Europe and the US. The economic impact of the virus is deepening, and expectations are high for the week ahead to see another wave of massive monetary...

Economists at Deutsche Bank have changed their forecast and are now expecting more rate cuts from the Fed at its next meeting. Meanwhile, the US dollar is showing off its safe-haven status...

The ECB has decided to announce a multifaceted package focusing on liquidity, a temporary increase in the QE envelope of a total EUR120bn to be implemented by year-end and leaving policy rates unchanged, analysts at Danske Bank brief...

Even the safe-haven status of gold couldn’t protect the yellow metal from the wave of selling, as strategists at ANZ Research notes. XAU/USD is recovering yesterday losses, currently trading at 1591.50...

Gold failed to capitalize on the early uptick and witnessed a modest intraday pullback, albeit has managed to hold above one-week lows set early this Thursday. Another brutal selloff across the...

Here is what you need to know on Thursday, March 12:

Overnight index swaps show markets are fully baking in a 10-basis point rate cut from the ECB after the Fed and Bank of England both unexpectedly slashed borrowing costs by 50 bps over the past two weeks. Analysts are also expecting ...

The price of gold pulls back from a fresh yearly high ($1704) as global equity indices stage a rebound, but the ongoing threat posed by COVID-19 may keep the precious metal afloat as the outbreak continues to drag on the global supply chain...

The Bank of England has announced a surprise 50 basis point rate cut from 0.75% to 0.25%...

We have a busy European calendar today, mainly dominated by the releases from the UK, including the monthly Gross Domestic Product (GDP), Industrial and Manufacturing Production, among other minority reports...

EUR/USD has resumed its rise after CNBC reported that White House plans for economic response to coronavirus are not there yet. Bond yields and stocks are reversing gains.

Here is what you need to know on Tuesday, March 10:After Monday's coronavirus-correlated bloodbath in markets, Asian stocks and S&P futures are up...

hares around the world had their worst day since the financial crisis with the dramatic falls leading to the day being dubbed "Black Monday".The main financial indexes in the US closed down by more than 7%, while London's index of top shares ended the day nearly 8% lower...

Here is what you need to know on Monday, March 9:Markets are panicking with wild moves across the board, including flash crashes. Investors are increasingly worried about the spread of coronavirus and its impact on the global economy...

Russia has just sparked what may end up being among the ugliest oil price wars in recent history. And Saudi Arabia is firing back. As the two oil superpowers face-off, American oil companies may end up as the biggest victims...

Coronavirus fears continue to drive investors. It’s been a truly chaotic couple of weeks in financial markets, with the number coronavirus cases and fatalities accelerating outside of China, prompting authorities around the world to up their game.

According to UOB Group’s Senior Economist Alvin Liew and Rates Strategist Victor Yong, the Federal Reserve could reduce further its FFTR at the next meeting on March 17-18....

Gold extended its consolidative price action through the early European session on Thursday and remained confined in a range around the $1640 region...

The buying interest appears to have returned to the single currency in the second half of the week, with EUR/USD trading close to the area of 1.1140, or daily peaks...

The Euro has been surging lately on the back of a big uptick in FX volatility due to the coronavirus. Finally, we are seeing some major momentum out of the single-currency, which is an encouraging sign going forward for trading...

US President Donald Trump noted that the Reserve Bank of Australia lowered its policy rate to 0.5% to battle the economic slowdown amid the coronavirus outbreak and called upon the Federal Reserve to make a big interest rate cut...

"We have a very tight labour market but this is not the only factor for inflation," Bank of England (BoE) policymaker Silvana Tenreyro explained on Tuesday. "There is strong competition in the retail sector and declining business markups are weighing on inflation...

Public Health England has recently announced that they have a confirmed case of coronavirus infection in south London after a member of staff at Wimbledon College became infected in Italy, as reported by Sky News...

Volatility has picked up around EUR/JPY on Monday, always looking to developments from the Chinese coronavirus for near-term direction...

Fears of coronavirus pandemic spreading delivered a global equity rout that took all the major indexes into correction territory with some seeming poised to enter a bear market. Volatility is back in a big way as...

Markets are not going to pay much attention to the Tuesday results. The nomination is five months away and the Coronavirus has the full attention of traders everywhere...

Vitas Vasiliauskas, a member of the European Central Bank, has said that the Governing Council may call an extraordinary meeting to decide on a response to the coronavirus outbreak...

Even gold has come off slightly over the week, with palladium the sole metal posting gains. As for the others, it has been especially brutal for energy commodities (i.e. oil)...

The coronavirus outbreak has increased the uncertainty about the global economic growth outlook, noted Isabel Schnabel, Member of the Executive Board of the European Central Bank, while speaking at the Barclays International Monetary Policy Forum on Thursday...

In opinion of FX Strategists at UOB Group, a breakout of 1.0925 should allow EUR/USD to attempt a move to 1.0980 in the near-term....

Gold traded with a mild positive bias through the early European session and is currently placed near the top end of its daily trading range, around the $1650 level.As investors remain concerned over the global outbreak of the deadly coronavirus and its impact on the world economy...

Here is what you need to know on Wednesday, February 26:Markets are trying to find their feet after the second consecutive day of 3%+ drops in US shares...

On Monday, the Euro Stoxx 50 index plunged 3.5 percent, while the cost of insuring sub-investment grade corporate entities surged to its highest level since October. The spread on credit default swaps for Mediterranean...

Gold witnessed some follow-through long-unwinding trade on Tuesday and extended the previous session's sharp intraday retracement from seven-year tops...

Here is what you need to know on Tuesday, February 25: S&P futures are on the rise after a massive...

Following three consecutive sessions with gains, EUR/JPY has now come under selling pressure and is testing the 120.40 region, where sits the critical 200-day SMA...

DXY has started the week on a positive note and is now managing well to rebound from Friday’s lows near 99.30 on the re-emergence of the risk-off sentiment.Friday’s pullback for the index to recede from overbought levels, although the underlying bullish view remains unaltered for the time being...

Key Economic Releases and EventsThe week ended on a more anxious note after all the optimism a week earlier, when investors were lauding the decelerating new coronavirus cases. There’s still optimism that the corner has been turned but now it’s the corporate side that’s spooking investors...

Analysts at Nordea have changed their forecast. They still expect the Fed to cut, but in June, as March is probably too early given the lack of FOMC speak on the subject and the generally positive key figure surprises during the first week of February...

Markit's German Manufacturing PMI for February beat estimates with a score of 47.8 points, far above 44.8 expected and 45.3 recorded in January. The score remains below 50 – reflecting ongoing...

The GBP/USD pair came under some heavy selling pressure on Wednesday and tumbled to over one-week lows, around the 1.2900 round-figure mark.An analyst at FXStreet, reviews the reasons for the bearish move...

Here is what you need to know on Thursday, February 20:

Asian stocks slipped and so did the region’s currencies on Thursday, as virus cases rose in South Korea and Japan and investors quit local assets in favor of safety further afield...

Open interest in Gold futures markets went up by nearly 28.4K contracts on Tuesday, reaching the third consecutive build according to flash data from CME Group. In the same line...

EUR/USD took another dive yesterday, after a strong US Empire reading, and notably broke below 1.08. Jakob Ekholdt Christensen, a Chief Analyst at Danske Bank, still thinks the downside momentum for the pair remains...

Risk-recovery emerged as the main underlying theme in Asia this Wednesday, reflective of a rebound in the Asian stocks, Wall Street futures and Treasury yields. A slowdown in the number of...

According to the analysts at Australia and New Zealand Banking Group (ANZ), the Reserve Bank of Australia (RBA) minutes revealed that the central bank remains open to further easing if needed...

UOB Group’s Senior Economists reviewed the recently published GDP figures in the Japanese economy and the prospects of extra stimulus by the Bank of Japan...

Despite upbeat US-China trade headlines and a slowdown in coronavirus infection in China, the risk appetite was battered in Asia this Tuesday, in light of the warning issued by Apple Inc. that highlighted rising economic costs due to the coronavirus impact...

FX Strategists remain bearish on EUR/USD, although they believe that a bottom could be in the making...

It’s been an eventful start to the year and not exactly in the way than anyone would have anticipated even two months ago. Once again, once the initial panic has passed, investors have taken the spread of COVID-19 in their stride, a little too much you could argue...

Crude oil was able to shift pressure and the market looks like convenient with the latest news about coronavirus. WTI trades at $51.75, ANZ Research reports.

The GBP/USD pair rallied around 125 pips intraday in reaction to the latest UK political developments and jumped to over one-week tops, around the 1.3070 region on Thursday. Haresh Menghani from FXStreet sees a fresh trigger for bullish traders...

Here is what you need to know on Friday, February 14:

Analysts at Westpac cited the Australian dollar’s historical performances and key catalysts to justify its status as a global risk barometer. The report also anticipates the Aussie to recover during 2020 and 2021...

US CPI data on a year-on-year basis excluding food and energy is expected to show a 2.2 percent figure for January, while its month-on-month counterpart is anticipated to print a 0.2 percent statistic. Price growth on an...

Gold prices have turned higher after China reported a leap in coronavirus cases and after a methodology change. Investors are running to safety and the precious metal is eyeing higher levels

Gold prices edged lower on Tuesday as gains for US stocks in the previous session stoked risk appetite in the Asia Pacific region despite the ongoing spread of coronavirus...

Federal Reserve Chair Jerome Powell is likely to sound fairly upbeat about the outlook for U.S. economic growth when he testifies this week in the first of his twice-a-year updates to Congress, even as he nods to the potential threat from the coronavirus in China...

Here is what you need to know on Tuesday, February 11:

The US Dollar will be closely watching the release of the White House budget for fiscal year 2021 ahead of the Presidential election in November. Policymakers are largely expecting for it to outline additional spending cuts after the...

Here is what you need to know on Monday, February 10:

EUR/USD has hit new 2020 lows late last week and is hovering near the lows. Where next for the world's most popular currency pair?

Wall Street’s resilience will be tested again as some clarity emerges on whether the Chinese containment efforts were successful in limiting the spread of the virus globally...

Oil price did not move substantially after OPEC’s decision to cut production as investors are sitting to see Russia’s stance, strategists at Westpac report.

Prices of the ounce troy of the precious metal appear to have met a decent resistance in the vicinity of $1,570, where sits the 10-day SMA...

EUR/USD has hit new 2020 lows. As analyst at FXStreet notes, the pair is oversold and a bounce is on the cards...

The European Central Bank (ECB) President Lagarde is on the wires now, via Reuters, testifying about the economy and monetary policy before the European Parliament Economic and Monetary Affairs Committee, in Brussels...

n the economic data front, the immediate focus now remains on the Reserve Bank of India (RBI) monetary policy decision and the German Factory Orders data due ahead of the European open. The session ahead is...

The Bank of Japan (BOJ) board member Masai is back on the wires now, via Reuters, noting that BOJ is ready to take necessary action depending on the impact of coronavirus on global, Japanese economies.Key Points: