Online Forex King- Currency Trading.

Currency Trading Advice, Broker Reviews & News from a Former City FX Trader

Markets look East for Hope

Forex markets continued to trade off the back of equity markets and risk sentiment generally. The good news all came from the far east in terms of a big jump in Chinese exports and Japan 1st quarter GDP revision.
This helped steady and eventually rally the equity markets. So it was a softer dollar and yen [...]

EURUSD Bounced Earlier Today But It Wasn´t a Particularly Impressive Bounce

Well-there was a Euro bounce today, but we´ve seen bigger bounces off bean bags in quick sand quite frankly. Let´s just say it was more Nicole Kidman than Dolly Parton.
The Euro bounced off 4-year low this morning, but the outlook still looks bearish – it´s been slipping back in the last couple of hours or [...]

Pre Easter Weekend Report

As we alluded to earlier on in the week, the US dollar continued to move up against the Japanese Yen today. It hit a seventh month high pushed on by a wave of favourable US data. Japanese investors flocked overseaes to invest funds into higher-yielding currencies at the beginning of their fiscal year.
Data reports on [...]

Monday Market Update

The dollar was up against the yen in Asia today following rumours that Japanese institutional investors may move into dollar assets at the start of April die to the rise in U.S. interest rates.
Rising yields on US Treasuries will likely move big Japanese investors, such as life insurance companies, to move into U.S. assets to [...]