Category Archives: Forex

forex

Iran calls on UK to deport Ahwaz activists

Iran on Tuesday asked the UK to identify and deport members of the Arab Struggle Movement for the Liberation of Al-Ahwaz also known as Al-Ahvaziya group. Tehran accuses the group of planning the attack on an Iranian military parade which took place on Saturday in the Ahwaz region and led to killing of 25 people […]

Report: Israel has killed 2 journalists, wounded 254 this year

Israeli occupation forces have killed two Palestinian journalists and wounded 254 in Gaza, and arrested 82 in the occupied West Bank since the start of the year, a report issued yesterday revealed. According to Quds Press, the report, which was issued by the Journalist Support Committee (JSC), said that it had documented 638 Israeli violations […]

Gold stuck in ” no man’s land”

Gold’s stuck in no man’s land with ordnance flying overhead. Prices hugged close to the $1,200 an ounce level that’s been the norm since late August as investors await another rate rise from the Federal Reserve and signals about the outlook, including an assessment of risks from the trade war. Gold’s stuck in no man’s […]

UN: one child dies every 10 minutes in Yemen

At least one child dies every ten minutes as a result of the conflict in Yemen, a senior UN official said. The United Nations humanitarian coordinator in Yemen, Lise Grande, warned at the end of a high-level meeting held on the sidelines of the UN General Assembly that ten million more Yemenis will face pre-famine […]

OANDA Trading Asia market wrap

Activity picked up considerably mid-morning after a sluggish start. Currencies Despite the FED rate hike fully baked in,  currency traders have gone through their there ceremonial jockeying for position ahead of this critical announcement given the markets outsized focus on tonight’s FOMCs. While volumes have been higher than average, most G-10 currencies have been confined to […]

EUR/USD – Euro in holding pattern ahead of Fed announcement

EUR/USD is steady in the Wednesday session. Currently, the pair is trading at 1.1771, up 0.03% on the day. On the release front, there are no eurozone or German events. In the U.S, the focus is on the Federal Reserve, which virtually certain to raise the benchmark rate to a range between 2.00% and 2.25%. On […]

EUR/USD holding its breath awaiting the Fed and looks slightly bullish

The EUR/USD is trading in a very narrow range as the Fed decision is awaited.  A rate hike is on the cards now and in December, but the future is unknown. The technical picture tilts slightly in favor of the bulls. The EUR/USD is trading around 1.1760, moving in a very narrow range of 20 […]

US Dollar steadies ahead of FOMC decision

It’s all about December Activity in Asian currency markets was confined to tight ranges as traders await to outcome of the 2-day FOMC meeting. Market pricing implies that a 25 bps hike is confirmed but it is the outlook for December and 2019 that will be the focus. Currently rates markets are suggesting a near-80% […]