British Pound Holds Ground After BoE Recalibrates Amid War Uncertainties. Will GBP/USD Go Lower?

The British Pound has found some footing after sliding on BoE stepping back from overly hawkish rhetoric. Will the downtrend resume for GBP/USD?

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Crude Oil Prices May Bounce Back After Initial China Lockdown Shock

Oil prices fell overnight as China’s lockdown of Shanghai commenced. However, the pullback may be as temporary as the lockdown as global supply remains constrained amid Russian sanctions.

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Japanese Yen Melts as the BoJ’s Yield Curve Control Program is Under Threat. Can USD/JPY Momentum Last?

The Japanese Yen has weakened dramatically as the Bank of Japan is forced to re-iterate support for their bond buying. How low can Yen go?

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USD/CAD Rate Reverses Ahead of January Low to Defend 2022 Opening Range

USD/CAD appears to be defending the opening range for 2022 as the exchange rate reverses ahead of the January low (1.2450).

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NZD/USD Falls as China Lockdowns Take Toll on APAC Region Ahead of Aussie Retail Sales

The New Zealand Dollar fell versus the US Dollar overnight as Covid lockdowns in China dampened sentiment in the APAC region. Traders are watching Australian retail sales due out this morning.

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Forex Trading: What is Forex? FX Trading Explained

Forex trading is short for foreign exchange, often called 'FX' and focuses on the exchange of one currency for another.

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USDJPY Soars to A Fresh Six-Year High on Renewed BoJ Bond Buying

The Bank of Japan (BoJ) today offered to buy unlimited amounts of certain Japanese Government Bonds (JGBs) and the move sent the Yen tumbling further against a host of other currencies.

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Sentiment Indicators: Using IG Client Sentiment

IGCS is derived from actual data driven by live traders. Learn how to use IGCS as a technical indicator to compliment a multitude of approaches.

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A Guide to Trading Psychology

The psychology of trading is often overlooked but is a key part of a professional trader’s skillset.

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NFP and Forex: What is NFP and How to Trade It?

Non-farm payroll figures are highly anticipated by forex traders. Find out how they affect trading.

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AUD/USD Traders Kick Off the Week as New China Lockdowns Weigh Against Economic Data

AUD/USD is slightly lower to start the trading week as traders assess Chinese economic data amid a new round of lockdowns as the high-profile US jobs report approaches.

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Weekly Fundamental Crude Oil Price Forecast: Supply Concerns Remain Intact

As the Russian invasion of Ukraine presses into its second month, there are no signs that energy supply chain concerns are going to abate.

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Weekly Fundamental US Dollar Forecast: Rate Hike Odds Buoy the Buck

US Treasury yields continue to rise in accordance with rapidly escalating Fed rate hike odds, underpinning US Dollar strength.

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Weekly Fundamental US Dollar Forecast: Rate Hike Odds Buoy the Buck

US Treasury yields continue to rise in accordance with rapidly escalating Fed rate hike odds, underpinning US Dollar strength.

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Nasdaq 100, Dow Jones, S&P 500 Forecast: 2-Week Win Streak at Risk as PCE, NFPs Near

The Nasdaq 100 saw its best 2-week rise since the early 2000s dot com bust, the S&P 500 and Dow Jones followed. The road ahead remains tough with US PCE and non-farm payrolls data in focus.

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Euro Fundamental Forecast: EUR/USD Clinging on to 1.1000, Inflation Data Nears

The latest look at German and Euro Zone inflation data next week may be a make or break for the single currency as it struggles to hold its own against the US dollar.

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Gold Price Eyes Yearly High with US PCE Price Index on Tap

Data prints coming out of the US may fuel the recent advance in the price of gold as the Fed’s preferred gauge for inflation is expected to increase for the sixth consecutive month.

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Australian Dollar Fundamental Forecast: AUD/USD Eyes Economic Data as RBA Hike Bets Increase

AUD/USD is eying economic data prints this week after the currency rallied amid higher commodity prices and a rebound in market sentiment. Will data impress enough to boost already rising RBA rate ...

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3 Key Tips to Becoming A Successful Trader

Whether you are an experienced or first-time trader, there are certain patterns to follow that can separate you from being a profitable trader or one that loses money.

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Why a Rise in Retail Trading May Signal Another Mania

The Fed and government’s support has altered how Americans think of saving versus investing. This is acting to kindle ‘animal spirits,’ in every sense of the Keynesian fashion.

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