FXSpotStream saw a notable drop across its total trading volumes in April 2020 after reporting just $747 billion.
Blogs
DAX 30 Price Outlook: Index Probes Trendline Support Ahead of Next Week
The DAX 30 fell toward trendline support in Friday trading as markets experienced a widespread mood of risk aversion. Can the technical level hold the German equity index afloat next week?
Euro Forecast Post-ECB: EUR/USD, EUR/GBP, EUR/CAD, EUR/AUD
The Euro has been on an absolute tear higher since Thursday's ECB meeting revealed expanded coronavirus stimulus measures. Will the rally in EUR/USD, EUR/GBP, EUR/CAD and EUR/AUD last?
The GBPUSD moves to new session low and looks to test the 100 hour MA
Continues the move toward the 100 hour MA It's late on Friday, but the GBPUSD is making a new session low after falling below trend line support near 1.2521, and a swing area at 1.25137 to 1.25215. The pair has wandered lower and now tests the 100 hour MA at 1.24809 (blue line).
CDC says 2349 Americans died from COVID-19 yesterday
The latest numbers US cases have risen for four days in a row. That may reflect more testing but it's still not the greatest sign. See here for global coronavirus case data
April forex season trading scorecard: It doesn't make any sense but here we are
How did our April seasonal trades do? The world is full of mysteries and one of the great ones is why seasonal trades work. They shouldn't but somehow they do.
The big names have now reported earnings, but what is expected for the May4/8 week
Key earnings for the week of May 4 to May 8 This week we had the likes of Alphabet, Facebook, Microsoft, Tesla, Visa, Starbucks, Apple all release. That takes a lot of fire power out of next weeks potential.
The euro was the top performer this week while the US dollar lagged
Central banks back in the mix I would have never guessed that EUR/USD was the top trade this week but the two main events of the week were the Fed and ECB. The Fed hinted at more action and no limits to what it will do. The ECB rolled out more but they're limited in […]
Market far from ready to push aggressively lower USD; Where to target? – Credit Suisse
Credit Suisse on USD/JPY and EUR/USD Credit Suisse discusses the USD outlook and "At a broad level, FX markets can best be characterised as exhibiting falling volatility in a relatively less dynamic environment. With USD libor rates also falling sharply, these conditions are typically associated with markets looking to add to risk, and for
Baker Hughes US oil rig count 408 vs 465 prior
US oil drilling rig data from Baker Hughes See here for global coronavirus case data