Archive for the 'fxcm' Category
5 Most Important Events for the Forex Market This Week
Written by Terri Belkas, Currency Analyst
Normally, the release of US Non-farm Payrolls takes center stage in the forex markets, as the figure tends to spark significant volatility and can shape interest rate expectations for the Federal Reserve. However, Wednesday’s FOMC rate decision may steal the limelight, as futures are currently pricing in an 82% chance of a 25bp cut to 2.00% and an 18% chance that the Fed will leave rates unchanged.
No commentsWhat Could Trigger the Next Big Move in the Euro?
There are signs that European banks are not in the clear quite yet, and if anything, have been less than forthcoming about their problems. As the Euro struggles to break 1.60, traders are wondering what could cause the next big move in the currency. If European banks are forced to reveal larger than expected losses, we could see a major reversal. Read more
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