Forex Trading

Investors continue to push concerns about Europe and Greece to one side and focus on the fact that despite economic concerns, markets remain keen to focus on the positives. January manufacturing PMI data from China, Europe and the UK showed some signs of recovery and this has helped bolster these positives. As is normal...
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Having advanced steadily against sterling for a month, the New Zealand dollar came to a halt in mid-January and has done very little during the last fortnight. Each of the last two weeks has cost the pound roughly a cent against the Kiwi, but its opening level in London this Monday was essentially unchanged...
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If today’s moves in European markets signal anything, they signal a lack of confidence in European leaders to deliver on what investors had hoped last week would be some form of progress with respect to a Greek debt deal, over the weekend. Having seen markets hold on to the gains from the previous two weeks...
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It was not one of the dollar’s best weeks. The US currency found itself languishing near the bottom of the pile, only in fractionally greater demand than the Japanese yen. The two safe-haven favourites had to sit idly by while forex spread trading investors revived their enthusiasm for the euro. Despite Standard & Poor’s...
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The three Commonwealth commodity dollars led the field, striding ahead during the first four days of the week before handing back some of their gains on Friday. There was nothing particularly distinctive about any of the trio: it was just that spread trading investors were stampeding towards the currencies and other investments that would,...
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Basic resource stocks have led UK markets higher today after Chinese economic data came in above expectations, with Chinese retail sales jumping 18.2% and Q4 GDP beating expectations at 8.9%. This data has reassured spread trading markets that even though growth is slowing, it is not at a rate to warrant concern. Furthermore, it has...
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Behind the US dollar and the Japanese yen the NZ dollar was the week’s third-best performer in the forex spread trading market. There was no clear reason for the relative popularity of the Kiwi and its one-cent advance against sterling was less than earth-shattering. Nevertheless, it was the NZ dollar’s second consecutive week in...
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European markets initially had an altogether much more buoyant tone today, however as the afternoon has progressed they have slid back from their intraday highs, as buying interest has slowly melted away. The FTSE 100 has lagged all day despite both the European Central Bank and the Bank of England keeping their respective monetary...
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European markets were distinctly under whelming today as a risk adverse tone was adopted in light of what was a relatively quiet economic calendar day. Germany’s GDP came in as expected showing a 3% increase in 2011. However, the contraction of 0.25% in Q4 on the back of a cooling demand for exports is of...
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European spread trading markets have taken the bull by the horns today posting strong gains after Chinese trade data saw a much higher surplus for November. Consequently, this raises expectations that the People Bank of China would look at further easing of fiscal policy after last month’s cut in bank reserve requirements. The biggest gainers...
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