FXTM Forex Market News

2022-04-26 14:25:15 Asian markets were wrapped in caution on Tuesday as investors nursed the nasty hangover from the previous day’s rout as fears over the impact of China’s new lockdowns lingered in the air.

Overnight, Wall Street was thrown a lifeline later in the session after Twitter agreed to be bought by billionaire Elon Musk. In the currency space, the mighty dollar climbed to its highest level since March 2020 thanks to risk aversion and expectations over the Fed raising rates by 50 basis points next month. There was no love for gold despite the risk-off mood, with the precious metal securing a daily... Read More (https://www.forextime.com/market-analysis/markets-spooked-china-lockdowns-and-rate-hike-jitters) Open / Comment

2022-04-26 14:25:15 Open / Comment

2022-04-26 14:25:15 Markets Spooked By China Lockdowns and Rate Hike Jitters
https://www.forextime.com/market-analysis/markets-spooked-china-lockdowns-and-rate-hike-jitters Open / Comment

2022-04-25 17:44:55 Sterling hijacked our attention last Friday after collapsing like a house of cards!



It has stumbled into the new week under renewed pressure, struggling to nurse deep wounds inflicted by the dismal retail sales and consumer confidence data. Mounting concerns over the cost-of-living crisis dragging the UK economy into a recession continue to hammer the pound, which is currently trading at levels not seen since September 2020. Disappointing economic data may fuel speculation over the BoE slowing interest rate rises while political noise from Westminster regarding the post-Brexit trade... Read More (https://www.forextime.com/market-analysis/trade-week-pound-trouble) Open / Comment

2022-04-25 17:44:55 Open / Comment

2022-04-25 17:44:55 Trade Of The Week: Is The Pound In Trouble?
https://www.forextime.com/market-analysis/trade-week-pound-trouble Open / Comment

2022-04-22 14:57:08 Shifting expectations for the next policy moves by major central banks remain a key theme across global financial markets, as investors and traders digest these major data releases and events in the week ahead:

Monday, April 25


EUR: Euro to react to Sunday’s French presidential election results
EUR: Germany April IFO business climate


Tuesday, April 26


JPY: Japan March unemployment
USD: US April consumer confidence
Alphabet Q1 earnings


Wednesday, April 27


AUD: Australia weekly consumer confidence, 1Q CPI
CNH: China March industrial profits
US crude: EIA... Read More (https://www.forextime.com/market-analysis/week-ahead-can-usdjpy-hit-fresh-20-year-high-above-130) Open / Comment

2022-03-02 18:21:17 Markets enter another day of conflict in Ukraine, battered by uncertainty and the threat of more sanctions from the West. The “nuclear” option of hitting Russia’s energy markets has not yet come to pass, but the increasing military threat, as Russian forces gather outside the Ukrainian capital city only adds to the tension and likelihood of this happening.

In the meantime, oil and gas markets are surging higher again this morning while other euro assets get sold.

Oil in the crosshairs of conflict

Brent crude settled more than 7% higher yesterday and strength is continuing in early... Read More (https://www.forextime.com/market-analysis/risk-slows-oil-explodes-higher) Open / Comment

2022-03-02 18:21:17 Open / Comment

2022-03-02 18:21:17 Risk off slows as oil explodes higher
https://www.forextime.com/market-analysis/risk-slows-oil-explodes-higher Open / Comment