myforexsystem.info

Forex binary option trade forex binary option

Tag: Currency

USD/CAD – Canadian Dollar Slips on Trump Comment Over China

The Canadian dollar has posted considerable losses in the Wednesday session. Currently, USD/CAD is trading at 1.2906, up 0.68% on the day. On the release front, there are no Canadian releases on the schedule. In the US, the key event is the Federal Reserve minutes from the May policy meeting. On Thursday, the US will release […]

DAX Slides on Weak German PMIs, Trump Skepticism Over China

The DAX index has dropped sharply in the Wednesday session. Currently, the DAX is at 12,971, down 1.50% on the day. On the release front, German and eurozone PMIs missed expectations in the manufacturing and services sectors. In the US, the key event is the release of the Federal Reserve minutes from the May policy meeting. On Thursday, Germany […]

Another Turkish Lira flash crash

Another Turkish Lira flash crash   A busy start to the session dealing with yet another mini TRY flash crash as the bad Lira news continues to compound. Otherwise, global Forex and fixed income markets remain in neutral  overnight and predictably focused on the upcoming FOMC minutes The Turkish Lira meltdown. As far as I can […]

Fed Minutes to Drive Market as Trade Concerns Recede

The US dollar is mixed ahead of the release of the minutes from May’s Federal Open Market Committee (FOMC) meeting. The central bank held rates unchanged but there is almost 100 probability of a 25 basis points rate hike at end of the June 13 meeting. Commodity currencies were higher at the beginning the North […]

Gold Listless as Investors Look for Cues

Gold is almost unchanged in the Tuesday session. In North American trade, the spot price for one ounce of gold is $1292.77, up 0.01% on the day. It’s another quiet day on the release front, with no key indicators. The sole event was the Richmond Manufacturing Index, which jumped to 16, well above the estimate […]

GBP/USD – British Pound Unchanged after Carney Testimony

The British pound is showing little movement in the Tuesday session. In North American trade, GBP/USD is trading at 1.3427, unchanged on the day. On the release front, Britain posted a deficit of GBP 6.2 billion, below the estimate of 7.2 billion. This marked the first deficit after a string of three straight surpluses. British CBI […]

USD/CAD – Canadian Dollar Steady, Wholesale Sales Next

The Canadian dollar has edged higher in the Tuesday session, after posting strong gains on Monday. Currently, USD/CAD is trading at 1.2769, down 0.16% on the day. On the release front, there are no key indicators on the schedule. Canada releases Wholesales Sales and the US publishes the Richmond Manufacturing Index. On Wednesday, the Federal […]

DAX Unchanged, German PMIs Ahead

The DAX index has edged upwards in the Tuesday session. Currently, the DAX is at 13,099, up 0.17% on the day. On the release front, there are no German or eurozone data releases, so traders can expect a quiet day on German stock markets. On Tuesday, Germany and eurozone will release manufacturing and services PMI reports. In […]

EUR/USD – Euro Edges Higher, Investors Look for Cues

EUR/USD is showing little movement this week. In the Tuesday session, the pair is trading at 1.1814, up 0.19% on the day. On the release front, there are no major German or eurozone indicators. In the US, the sole indicator is the Richmond Manufacturing Index. On Tuesday, Germany and eurozone will release manufacturing and services […]