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    Hotforex.com - Market Analysis and News.

    Date : 13th August 2020. FX Update – August 13 – Weaker Dollar & Stronger Sterling. The Dollar is down for a second day, with the narrow trade-weighted USDIndex printing a six-day low at 93.08 to nearly fully unwind the gains seen in the wake of last Friday’s US July jobs report, when we...
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    Hotforex.com - Market Analysis and News.

    Date : 10 August 2020. Events to Look Out for This Week. As the month of August began,uncertainties both fresh and familiar keep challenging the markets, driving volatility in the stock market and pushing bond rates to record lows. The worries over the second wave of the viral pandemic...
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    Hotforex.com - Market Analysis and News.

    Date : 7th August 2020. FX Update – Ahead of NFP, USD finds a bid. The narrow trade-weighted USDIndex (DXY) posted a two-day high at 93.16, extending the rebound from the 27-month low seen yesterday at 92.53. EURUSD concurrently retreated to a 1.1819 low, which is a pip shy of yesterday’s...
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    Hotforex.com - Market Analysis and News.

    Date : 6th August 2020. FX Update – August 6 – USD to new lows. Trading Leveraged Products is risky The USDIndex edged out a fresh 27-month low at 92.50, continuing what is a fourth consecutive week of decline and a fourth straight month of decline, dropping by just over 10% from the early...
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    Hotforex.com - Market Analysis and News.

    Date : 31st July 2020. Sterling Storms On. GBPUSD, H1 Cable has pinned a new five-month peak at 1.3145. The pair is now firmly back in pre-lockdown territory. The UK currency still registers as the weakest of the main currencies on the year-to-date, and by some distance in trade-weighted...
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    Hotforex.com - Market Analysis and News.

    Date : 29th July 2020. FX Update – July 29 – USD got a break but not for long. USDJPY, H1 The Dollar relief rally yesterday and dip today is consolidating the sharp declines seen over the prior 10 days. The narrow trade-weighted USDIndex has posted new 25-month lows at 93.31 today, breaking...
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    Hotforex.com - Market Analysis and News.

    Date : 28th July 2020. eBay Earning Preview – Will it Benefit from Social Distancing? eBay (MT4 Symbol: EBAY) is set to report its second quarter 2020 earnings after the market closes on 28th July 2020 (Tuesday). It is attracting significant interest from investors as they will get an early...
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    Hotforex.com - Market Analysis and News.

    Date : 27th July 2020. Events to Look Out for This Week. The growing worries over the spreading coronavirus, the rollback in some reopenings, and possible flattening in growth have set the scene for risk aversion. Adding to the mix is the the increased friction between the US-China...
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    Hotforex.com - Market Analysis and News.

    Date : 24th July 2020. FX Update – July 24 – USD remains heavy. USDJPY, H1 The Yen has outperformed today as risk aversion took a firm grip on global markets. The Dollar has so far failed to pick up safe haven demand, and has remained on a softening path. The narrow trade-weighted USDIndex...
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    Hotforex.com - Market Analysis and News.

    Date : 23rd July 2020. FX Update – July 23 – USD Trends Lower. Trading Leveraged Products is risky The Dollar has continued to track lower, despite a backdrop of flagging stock markets in Asia, although US equities closed with moderate gains yesterday and S&P 500 futures are showing a modest...
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    Hotforex.com - Market Analysis and News.

    Date : 22nd July 2020. FX Update – July 22 – Dollar & Yen Down. AUDUSD, H1 The Euro, along with the Aussie and Kiwi Dollars, posted fresh highs against the Dollar and Yen, despite a backdrop of flagging stock markets. EURUSD reached its highest level since January 2019, at 1.1547, the...
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    Hotforex.com - Market Analysis and News.

    EU leaders reach a deal – EUR mixed. EU leaders reach agreement on recovery fund, 7-year budget. After the second longest summit on record EU leaders managed to find a complex compromise on the EUR 750 bln pandemic recovery fund and the next seven year budget, which together amount to an...
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    Hotforex.com - Market Analysis and News.

    Date : 20th July 2020. Events to Look Out for This Week. The week ahead will be a quiet one due to the limited economic releases, with the most telling data the preliminary estimates of July manufacturing PMIs from across the globe. Monday – 20 July 2020 PBoC Interest Rate Decision (CNY...
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    Hotforex.com - Market Analysis and News.

    Date : 17th July 2020. FX Update – July 17 – Preparing for the Weekend. USDCAD, H1 Currencies have hunkered down in narrow ranges, with the Dollar and Yen consolidating after rising against most other units yesterday. Global stock markets are lacking direction, too. The persisting pandemic...
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    10 years of Trading Excellence in Asia for HotForex

    10 years of Trading Excellence in Asia for HotForex. Dear Client, Our industry leading presence in the Asian region continues to be acknowledged and has led to us having received another prestigious award! This time, the Global Banking & Finance Review magazine has recognized HotForex for...
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    Hotforex.com - Market Analysis and News.

    Date : 16th July 2020. EUR & ECB Preview. Economic activity has rebounded on both sides of the channel as lockdowns were lifted, but the impressive rebound in confidence data in recent months has proven to be too optimistic on the speed of the recovery with real sector data for May actually...
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    Hotforex.com - Market Analysis and News.

    Date : 15th July 2020. FX Update – July 15 – A Softer USD persists. EURUSD, H1 The Dollar has remained on a softening track against most other currencies, while the Euro has remained broadly underpinned amid expectations for EU leaders to green-light the proposed EUR 750 bln recovery fund...
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    Hotforex.com - Market Analysis and News.

    Date : 14th July 2020. Sterling in the Cross-hairs today. GBPUSD, H1 UK data today has continued the pressure on Sterling, with the UK economy rebounding less than expected in May. Overall GDP lifted 1.8% m/m, compared to Bloomberg consensus of 5.5% m/m. With economic activity still falling...
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    Hotforex.com - Market Analysis and News.

    Date : 13th July 2020. Events to Look Out for This Week. An interesting week is coming up, packed with economic data and political developments, as next week’s EU summit highlights that the EUR 750 bln recovery fund proposed by the European Commission remains controversial in its proposed...
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