It is no secret that political events, and strong confrontations in particular - wars, revolutions, protests, have a very direct effect on the currencies exchange rate of the countries involved in the conflict. However, Forex traders often underestimate this factor. Below we look at the impact of ongoing protests in Hong Kong on the exchange rate of the Chinese yuan and the Hong Kong dollar.  

The new trading week began today with a large Asian session: China’s GDP for the 2nd quarter, industrial output in June, investment in fixed assets and retail sales outside China raised the mood for investors and set the tone for the Australian and New Zealand currencies. Investments in China’s fixed assets rose by 5.8% in June compared with the same period last year, after rising 5.6% in May. Economists had forecast growth of 5.6%. Industrial production increased by 6.3% in June, after rising by 5.0% in May. Economists had forecast growth of 5.2%.

The dollar weakened on Thursday after Federal Reserve Chairman Jerome Powell paved the way for a rate cut later this month, promising to "act appropriately" so that the world's largest economy could sustain its ten-year growth. In his speech to Congress, Powell pointed to a “broad” global weakness that clouded the US economic outlook against the backdrop of uncertainty over the consequences of the Trump administration’s trade dispute with China and other countries.

One of the main fundamental events for Forex traders this week will be the release of fresh labor statistics from the US, coming out this Friday. NonFarm Payrolls, Average Hourly Earnings, and Unemployment Rate can have a significant impact on the US currency. NonFarm Payrolls Last data: 75K Consensus forecast: 160K

As the G-20 meeting draws closer, investors generally prefer a wait-and-see attitude. However, during the Asian session, the attention of traders focused on Japanese statistics on the ratio of jobs and the number of unemployment applications for the past month, as well as data on industrial production and inflation rates for June. In Australia, data on private sector loans in May gave the Australian dollar the direction for further movement.

At the beginning of the new trading week, the US dollar holds around two-week highs against major competitors in anticipation of an important meeting of the US Federal Reserve, which, as many expect, will lay the foundation for future interest rate cuts and maintaining the world's largest economy.

One of the main drivers, and perhaps the most important one, for traders this week will be the next release of labor statistics from the United States this Friday. NonFarm Payrolls, Average Hourly Earnings, and Unemployment Rate will have a significant impact on the behavior of the US currency. NonFarm Payrolls Last data: 263K Consensus forecast: 196K

The American currency shows stability, despite another exacerbation of the trade war with China. We can’t say the same about GBP. The prospects for the British pound do not look very optimistic. Today, for the British currency is expected to be quite a busy day in the economic calendar. The data on CBI industrial trends for May will be released in the second half of the day.

When the domestic economy is greatly affected by commodity price shifts, then the currency is especially vulnerable. Commodity price shifts will not affect all nations, or their currencies, in the same manner. After all, nations with moderate supplies of a commodity will not have their currency affected as greatly by price shifts as nations who have little to no supply of their own.

The release on the US labor market, which will be published this Friday, is in the focus of Forex traders. Intrigue adds the resumption of the strengthening of the US currency against the background of not very good fundamental data on the state of the European economy, published recently. NonFarm Payrolls Last data: 196K Consensus forecast: 185K

In the first half of Monday's trading, the US currency is held close to two-week peaks to the basket of major competitor currencies amid investors' increased appetite for risk, despite the fact that the fundamental release signaled a slowdown in China's GDP growth to minimum levels for almost 30 years.

The rate of the British currency in the first half of trading on Thursday declines against the US dollar amid continuing political uncertainty in the UK. The pound can expect support from a vote of confidence in the current government, as expressed by the country's parliamentarians the day before. As of the morning, the pound sterling to the dollar was down to 1.2868 dollars from 1.2881 dollars per pound at the last close. The rate of the single European currency to the dollar fell down to 1,138 dollars per euro from the value of the previous close of 1,1397 dollars per euro.

Forex market is the largest market in the world in which operations on the purchase and sale of foreign currencies take place. Every day in this market, the characteristics of sales volume reach 5 trillion dollars. The difference between the Forex market and other markets is that it does not have a physical location and the main exchange. Its activity takes place through a network of banking institutions, companies, and individual traders who are provided with services by one or another international broker of the Forex market. Forex Forecasting

For 60 years, the US dollar maintains its position as a reserve monetary unit in the world economy, its share in sales with major currencies is approximately 50%.

The Japanese yen and the Swiss franc are rising against the dollar on the last day of the trading week — news of a possible new round of tensions in trade relations between the United States and China is helping to increase the demand for safe assets.

The Japanese yen and the Swiss franc gained on Monday, thanks to safe-haven buying as sentiment in financial markets remained fragile on heightened worries over political instability in the United States and fears of a global economic slowdown. Trading volumes were thinning out with most global markets set to shut for Christmas, while Japan was closed on Monday for a holiday. There was hardly any appetite among investors to take on risk, with a deteriorating outlook for global growth leaving stocks hurtling down for their worst quarterly performance since 2008.

GBP recovered some ground on Tuesday from the 20-month lows it hit after British Prime Minister Theresa May called off her Brexit vote, as dollar weakness encouraged some traders to buy the pound. May’s decision on Monday initially sent the pound tumbling 2-1/2 cents towards $1.25, its lowest level since April 2017, before it recouped some losses - though the moves were exaggerated in thin trade. GBP has been struggling to equilibrate between the heightened probability of either no deal or no Brexit with the odds of both increasing on Monday.

The rising popularity of online trading has mostly been centered in the forex and binary options markets. So, many new traders find themselves interested in both but not sure which is better suited to their trading style and investment goals. Since changing from one market to another can lead to potentially costly mistakes, it makes sense to look at a comparison of both in order to determine which market is most likely to lead to consistent returns for your individual financial approach.

Forex trend is an integral concept of technical analysis that provides information about the general direction of the market. A trend can either be a long-term or short-term, depending on economic, sentimental and other fundamental influences. Trading along the trend is one of the safest ways to trade and a great forex strategy for maximizing profits. In theory trading with the trend is the classical remedy for trading profitably.

In 2007, 83% of GDP in G-20 nations was controlled by mainstream parties which favored a liberal democratic form of governing. Populist parties, who vow to fight for the common man and are against the establishment, controlled only 4%. Then the global financial crisis hit in 2008 and the weaknesses and inefficiencies of the establishment became visible to the masses.

The world of finance is an interconnected web made up of many kinds of market participants. Political events, central bank policies and environmental happenings can all affect how markets trade and traders need to be alert to all of the above in order to trade successfully. However, as big as forex, commodity and bond markets are, and as much as they are connected to one another, it could be said that equities (stocks) markets alone are the underlying driving force in the financial markets.

When trying to distinguish the relationships between certain commodities and currencies around the world it helps to realize that situations can change and the relationships are fluid. However, there are some time-tested relationships that have been established over the years that may continue to hold true well into the 21st century. As commodities in the financial market have the same role as stock and currency, the ups and downs of commodity prices could significantly affect forex market.

While every market has its own attraction, the advantages of trading forex are quite underrated. Forex trading has become widely accessible within the last few decades and nowadays more and more people are starting to wonder what the main benefits of forex trading are. Forex exchange markets provide traders with a lot of flexibility because there is no restriction on the amount of money that can be used for trading. Also, there is almost no regulation of the markets.

Understanding correlations is a great way for traders to form opinions on markets that they may previously not follow. The idea of a correlation is to take two seemingly different markets or assets and see how market price moves relative to each other. Even though gold is no longer used as a primary form of currency in developed nations, it continues to have a strong impact on the value of those currencies.

Although it might seem easy to go onto your computer, open a forex account with a broker, deposit some money, and begin trading right away, it hasn't been so easy to do so in the past, as the forex industry has changed significantly over the past couple decades. A stepping stone in the forex market history was when metals like Gold and Silver started being minted into coins. This point in time could be considered the birth of the Foreign Exchange Market.

Predicting the next move in the markets is the key to making money in trading, but putting this simple concept into action is much harder than it sounds. Currencies are moved by many factors - supply and demand, politics, interest rates, economic growth etc.

Forex trading involves high risks. The probability of a complete loss of capital is an important issue not only for beginners but also for experienced traders. To reduce the risks, each market participant should develop a set of rules, and always, under all circumstances, follow them.

This week the most anticipated fundamental market event will be the Nonfarm Payrolls data release. According to the forecasts of economists, even if the NFP figures are relatively modest, it will not stop the strengthening of the American currency in relation to all of its main competitors.

The excess technical indicators, if forex trader overuses them, often does more harm than good. At best, it just creates a lot of unnecessary noise during trading. Each signal of a technical indicator is perceived as a signal to enter the market, but in practice it is not always so.

The dollar recovered from a two-week low against a basket of six major currencies on Monday, though trade was thin due to many markets being closed for the New Year holiday.

The USD climbed back towards a 14-year high on Tuesday as the Japanese yen fell after the Bank of Japan held policy steady and fallout from attacks in Germany and Turkey subdued the euro. European shares were steady, with unease over the attacks balanced by gains by bank shares and the Milan market.

Scalping is very common, especially in recent times, a kind of Forex trading strategy, which is of great interest of market beginners. Why beginners are so interested in it? Well, it should be noted that this method is not a thought-out strategy of Forex, and to use no need to have harsh and giant experience and deep knowledge of the Forex market mechanisms.

Wall Street looked set to open higher on Tuesday, as investors keep a close watch of the Federal Reserve's two-day meeting where it is widely expected to raise interest rates for the second time since the financial crisis.

The euro dropped on Friday for a second consecutive day in a continued reaction to the European Central Bank's extending its bond-buying program longer than many had anticipated, even as the bank cut the size of the monthly purchases.

After the recent unrest related to the referendum in Italy, Forex market turned its attention to decisions of banks of leading countries on the future of monetary policy. Today, the attention of Forex traders will be focused on the Bank of Canada meeting, its decisions and their impact on the Canadian dollar.

Forex is a market in which there is a trade in currency units and various stocks. Forex traders buy a cheap currency and sell when the price goes up, or vice versa. Every year, this area is becoming more and more popular. Internet is full of lots of useful information but it is also full of myths.

The dollar and U.S. bond yields fell on Monday as investors reversed a "Trumpflation" trade that has gripped markets since the U.S. elections, after oil prices slid on fears that producer countries meeting this week could fail to agree an output cut.

The Federal Reserve thinks it will be appropriate to raise interest rates “relatively soon,” according to minutes of its most recent meeting released Wednesday. This release covered the meeting that was held November 1-2, a week before the US election.

Last month of this fall looks like the best time for the US currency over the past couple of years. USD gained more than 3 percent against the EUR, and more than 5% against the Japanese yen. There are two main reasons for such a serious strengthening of USD, and both are related to the fact that the US economy is showing excellent results and is likely to continue to strengthen them in the future.

After the presidential election in the United States, USD had the most powerful rally, and the same asset-haven gold, where investors urged to invest in the case of victory of Donald Trump, has fallen by more than 5% and reached almost half-year lows.

Emotional risks on the Forex market have another name - risk behaviors. Like any other asset markets, Forex is very sensitive to the output of financial and political news, as well as to manipulation of the major players in the market. But it also happens that the cause of the excitement in the market can be just unsubstantiated false rumors.

Automated Forex trading is becoming increasingly popular every year. Many novice traders are unwilling to go into the analytical features of the exchange process and turning to automated trading advisors.

Despite the long-term development of the Forex market and its popularity, many new traders intuitively believe that in trade is sufficient to rely on luck and intuition, and thus are making a huge mistake.

Today in the US, will be released the October data of Nonfarm Payrolls but there are just little reasons to expect much positive from that report.