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forex.com for beginners Beginners Guide to Forex Trading. forex tutorials To help everyone who has an interest in becoming a Forex trader who have put together a series of guides that It s important to have an understanding of the markets and methods for forex trading so that you can more effectively manage your risk, […]

<p>St. Louis Fed President James Bullard tried to tone down the upcoming surge in unemployment rate. He told CNBC that “you’d have this huge spike mostly centered in the second quarter, but everyone knows exactly what that is, that’s pandemic relief that’s done on purpose”. He added that “once the virus goe

<p>US commercial crude oil inventories rose 1.6m barrels in the week ending March 20, below expectation of 2.9m. At 455.4m barrels, oil inventories are about 3% below the five year average for this time of year. WTI crude oil continues to stay in tight range above 20.40 temporary low after the release. More sideway consolidation […]

<p>US durable goods orders rose 1.2% mom to US D249.4B in February, much better than expectation of -0.9% decline. However, ex-transport orders dropped -0.6%, below expectation of -0.2%. Ex-defense orders rose 0.1%. Full release here. &#160;</p> <p>The post <a rel="nofollow" href="https://www.actionforex.com/

<p>Germany Ifo Business Climate collapsed from 96.0 to 86.1 in March. That’s the steepest decline ever recorded since German reunification. It’s also the lowest value since July 2009. Current Situation index dropped from 99.0 to 93.0. Expectations Index dropped from 93.1 to 79.7. By sector, manufacturing index dropped from -1.6 to

<p>UK headline CPI slowed to 1.7% yoy in February, down form 1.8% yoy, matched expectation. However, core CPI accelerated to 1.7% yoy, up from 1.6% yoy, beat expectation of 1.5% yoy. RPI slowed to 2.5% yoy, down form 2.7% yoy, beat expectation of 2.4% yoy. PPI input was at -1.2% mom, -0.5% yoy in February, […]

<p>The stimulus deal in US Congress gave markets just a very brief lift. European indices turned mixed after initial rally while US futures are essentially flat. Trading in the currency markets is subdued too with Australian Dollar leading commodity currencies higher. Yen, Swiss Franc and Dollar remain soft. Gold appears to be losing some ups

GBP/USD buyers look to try and capture near-term control ForexLive Earlier, I that buyers need to do more to chase a move to the upside and currently they are trying to prove that as we see price close in on 1.1900.

The pound is among the better performers so far today ForexLive Cable is up by 1.7% on the week so far as the pound gradually climbs higher over the past two days as the dollar consolidates gains seen over the past three weeks.

EUR/USD continues to sit in between both key hourly moving averages ForexLive That indicates that the near-term bias is still more neutral with buyers having fumbled at the last minute yesterday, closing under the 1.0800 level. However, price did keep above the 100-hour MA (red line) so that's at least a good sign for buyers.