U.S. Dollar came under much downward pressure on Thursday as the main developing countries led by China increased talk on replacing the USD as the global reserve currency. This helped the...

Oil prices reached over $49.50 a barrel yesterday, an increase of a whopping 4%. It seems that the OPEC production cuts have worked. Traders should also take into account that the Crude prices...

The GBP slid against a number of currencies yesterday, as traders dropped the Pound for equities, as the global stock markets rallied. Additionally, in many cases, the EUR gained due to positive economic figures from Germany, Europe’s largest...

Today is a quiet news day for the U.S. and Canada, as there are no economic data releases on the calendar today. However, Britain and Euro-zone appear to be releasing the bulk of today’s news, which means we may see a day of trading with low liquidity...

After gaining considerable strength following last Friday’s Non-Farm Employment data, the USD took a dive against most of its currency rivals on Friday, closing the day out lower against them all. Today’s market opening revealed that most traders are...

The U.S. Non-Farm Employment Change Data is set to be published at 12:30 GMT, and is expected to be the most important news event when it comes to market volatility. Traders are also advised to follow the G20 Meeting that will commence today, and the...

The Canadian Dollar and U.S. Dollar are expected to be at the forefront of trading today. Opening large positions in both of these currencies could bring you large profits, as this week’s trading comes to a close. Daily Forex Tips 11:00 GMT - CAD...