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Dubai: When Bernd Skorupinski came to Dubai by way of Germany six years ago, he had no idea he would leave his job to become a fulltime trader. Foreign exchange currency trading, commonly referred to as forex, is a market where banks, businesses, investors and traders come to exchange and speculate on rising or dropping currencies. But to Skorupinski, the appeal to trade came from not only investing in an open market that requires little to feed and leverage, but also investing in himself. According to Abu Hantash, forex trading is more popular in the UAE than ever before, citing the number viet jet ipo brokers that have sprang up.

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Daily forex market news

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P: R:. Search Clear Search results. No entries matching your query were found. Free Trading Guides. Please try again. Subscribe to Our Newsletter. Rates Live Chart Asset classes. Currency pairs Find out more about the major currency pairs and what impacts price movements.

Commodities Our guide explores the most traded commodities worldwide and how to start trading them. Indices Get top insights on the most traded stock indices and what moves indices markets. Cryptocurrencies Find out more about top cryptocurrencies to trade and how to get started. P: R: Fed Barkin Speech. Company Authors Contact. Long Short. Oil - US Crude. Wall Street. Higher WTI? More View more. Crude Oil Price Forecast: At a Critical Juncture on the Charts WTI oil was hit hard last week and on that it is testing the resolve of longs; there lies support at its feet and it will need to pop back soon or else may head much lower.

View more videos. Top Trading Opportunities in 2Q Our analysts share their forecasts for forex, commodities and indices. Get My Guide. View more. Analyst Picks. View more picks. Economic Calendar. P: R: 5. Global Dairy Trade Price Index. Our goal is to provide traders with all the information and tools they need to trade successfully.

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In the Daily chart EURUSD is challenging the lower cloud boundary and both the tenkan-sen red line indicator and the kijun-sen yellow line indicator. Resistance is important at 1. Trend remains bullish. Price has not broken below the key short-term support we warned yesterday. Price has respected support at Situational allies of the euro: Christine Lagarde and Olli Rehn Against the backdrop of an almost empty economic calendar, the euro-dollar pair is slowly moving towards the 6th figure, currently testing the resistance level of 1.

Analytical expert: Irina Manzenko. Litecoin challenges major wedge pattern resistance. In our previous analysis we noted the downward sloping wedge pattern that has formed in the Litecoin Daily chart and its similarities to the May wedge pattern and break JPM stock price remains in a bearish trend making lower lows and lower highs. So far there is no sign of a bullish reversal.

However the RSI in the Daily Forex Analysis Fundamental analysis , Gold. Gold will stay afloat until the end of the year Current gold prices will hold until the end of the year as fears of recession and stagflation prevail over sentiment in financial markets. Invesco chief investment strategist Christina Hooper said Analytical expert: Andrey Shevchenko. Forex Analysis Trading plan , Gold. Trading tips for gold Gold rose last week after the Federal Reserve announced its decision on interest rates and the US released its data on jobless claims.

Since then, a support area was formed Forex trading involves risk. Losses can exceed deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. Live Webinar Live Webinar Events 0. Economic Calendar Economic Calendar Events 0. Duration: min. P: R:. Search Clear Search results.

No entries matching your query were found. Free Trading Guides. Please try again. Subscribe to Our Newsletter. Rates Live Chart Asset classes. Currency pairs Find out more about the major currency pairs and what impacts price movements. Commodities Our guide explores the most traded commodities worldwide and how to start trading them. Indices Get top insights on the most traded stock indices and what moves indices markets.

Cryptocurrencies Find out more about top cryptocurrencies to trade and how to get started. P: R: Fed Barkin Speech. Company Authors Contact. Long Short. Oil - US Crude. Wall Street. Higher WTI? More View more. Find out how to use the Consumer Price Index to make informed trading decisions.

Crude oil prices enjoyed some respite today as risk assets found some support after recent turmoil. Is this simply a reprieve or pause in the uptrend for WTI? Copper may not be the world's most popular metal but it certainly is one of the more important.

The coming week will offer more insights into weakening growth and record inflation around the globe.

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DailyFX is the leading portal for financial market news covering forex, commodities, and indices. Discover our charts, forecasts, analysis and more. Get comprehensive Forex reviews, Forex news and free Forex signals at discover-newyork.com – profitable FX trading starts with the right Forex reviews. Forex news you can use! Follow all the latest forex news at discover-newyork.com