Forexlive European FX News 16 Sep – Risk broadly on, but FOMC looms 0 (0)

16 September 2020
Other markets
– FTSE -0.20%
– Euro Stoxx -0.06%
– Dax -0.03%
– CAC -0.02%
– Gold +0.49%
– US oil +2.12% 
The session started with a positive risk sentiment that saw the USD weaker across the major currencies. That accelerated around mid-morning and risk appetite was positive and US futures were positive on the session alongside European cash markets.

Go to Forexlive

Thought for the day – Don’t ignore fundamental analysis. 0 (0)

Get the fundamentals right
Fundamental analysis is simply the ability to understand why the market is moving in a certain direction. Some simple ways to fast track your fundamental analysis skills are to invest in a news squawk, read analysts regularly, and get some 1:1 coaching. It will be an investment that will pay dividends in

Go to Forexlive

Thought for the day – Don’t ignore trading psychology 0 (0)

It’s all in your head
It is easy to see why trading psychology is an area that is often overlooked by traders, especially when they are starting out. However, seasoned traders, who have spent years in the markets, understand that the traders who are going to keep going for the long haul are those who have

Go to Forexlive

Forexlive European FX News 14 Sep – Vaccine hopes return 0 (0)

Positive risk sentiment on vaccine hopes
The session started with a positive hand over from Asia that translated into a positive  European cash open and strength inUS equity futures. Positive vaccine sentiment from AstraZeneca and Pfizer helped to keep sentiment buoyed though yields were less positive than the early equity moves. The sentiment moderated as the

Go to Forexlive