What is the Forex Market?

In understanding the answer to this question it is important to understand what the Forex Market is not. The Forex Market is not an exchange where all trading takes place and is monitored and regulated by one governing body. The NYSE and the CME are examples of these exchanges where all trades and transactions occur […]

Forex Market View for February 8, 2016 Dow Futures

Forex Market View for February 8, 2016 Dow Futures Dow futures were down 200 points or 1.25%. The S&P 500 futures were down 23 points or 1.25% as well. Nasdaq futures were down 2%. Gold jumps 1.63% to fresh multi-month highs at 1176.80 last minutes. The demand for the safe-haven gold was on the rise […]

Forex Market View February 5, 2016 US nonfarm payrolls

Forex Market View February 5, 2016 US nonfarm payrolls Even though US economy added fewer jobs than expected in January, 151,000 vs 190,000 expected, wages rose and the unemployment rate fell below 5% to an 8-year low of 4.9%. The labor force participation rate, at 62.7 percent, was little changed. The employment-population ratio (59.6 percent) […]

Forex Market View for February 4, 2016 Bank of England

Forex Market View for February 4, 2016 Bank of England The Bank of England at its meeting today, voted unanimously to maintain Bank Rate at 0.5%. Band of England’s Carney, while speaking at the inflation report press conference, said the inflation in the UK remains low due to low oil prices. The Bank of England […]