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Forex: The $20,000 Mark is Not Optimistic Enough for Bitcoin

On December 8th, Bitcoin reached the $18,300 mark, only to drop by $3,000 after experiencing a major correction. Currently, it is headed back to $16,665.60, according to Сoinmarketca...

Forex: Chinese & Japanese Data Impresses, Markets Await US Data

Data released earlier today showed that Chinese trade data beat expectations in November, with strong annual import and export growth as well as a higher trade surplus. Data from Chi...

Forex: No Surprises from BoC & ADP But GBP Comes Under Pressure

In an unsurprising move, the Bank of Canada decided to hold its benchmark lending rate at 1%, after two small hikes earlier in 2017. The BoC stated on Wednesday that it has decided t...

Forex: US Trade Gap Widens, Aussie GDP Disappoints

Data released by the US Commerce Department on Tuesday indicated that the US trade gap rose 8.6% in October from $44.9 billion in September, as imports from China and other suppliers...

Forex: Moderate Gains for USD

On Monday, the US Commerce Department released Factory Orders data for October, indicating that the continued strength in the Manufacturing sector will help support the growing US ec...

Forex: Geo-Politics Will Be the Focus of the Week

This week will be dominated by Geo-Politics as the US Tax Bill needs to be reconciled between the Senate and House, whilst UK Prime Minister May meets Jean-Claude Juncker, the Presid...

Forex: OPEC Extends Output Cuts

On Thursday, OPEC (Organization of Petroleum Exporters) and non-OPEC producers led by Russia agreed to keep output cuts until the end of 2018. However, they also agreed to a possible...

Forex: US Economy Expanding Faster Than Predicted

Data released on Wednesday showed that the US economy expanded at its quickest pace since 2014 in Q3. The US Commerce Department said that GDP grew at an annualized rate of 3.3% in t...

Forex: North Korea Missile Test Fails to Rattle Markets

Earlier today, North Korea launched an ICBM that flew higher and further than any previous test firing. The missile was launched from just north of Pyongyang, reaching a height of ne...

Forex: USD Languishes

USD continues to languish at 8-week lows against many of its peers, as the markets are concerned over possible delays to the US Tax Reform Plan. Senator John Cornyn, the Senate Repub...


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