All newsflashes about Forex Trading

 The US Dollar is Doing Well in Forex Trading Today
Friday, 29 Oct 2021 5:32 pm
The US Dollar Index (USDX), which measures the strength of the dollar against a few other currencies, is currently up 0.57%. The DX or Fixie as it is also called, is weighted based on 6 currencies against the dollar. While the euro has 57.6% weight, the Japanese yen has 13.6% weight and the British pound accounts for 11.9% share in the index, while CAD stands for 9.1%, SEK stands for 4.2% and CHF has a weighting of 3.6%.

The dollar is below 1.16 again after the euro lost 0.73% against the USD. Against the Japanese yen, the dollar is only 0.28% stronger today, while it strengthened as much as 1.36% against the NOK after the oil lost value. Against SEK, the dollar also strengthened by 0.67% during the day. Do not want to miss the movements for the dollar? Then create a free demo account at Skilling and discover exciting trading, you too!

 The dollar loses against the Euro
Tuesday, 19 Oct 2021 1:21 pm
Today it is noted that the EUR strengthens significantly against the US dollar for the first time in just over 50 days. The EUR / USD is currently trading at 1.1656, with strong resistance at 1.1850. You can advantageously trade EUR/USD at CMC Markets as CFDs. It’s the most traded currency pair and well worth to look into further, assuming that you understands both the potential rewards and risks.

 Expected crypto tax in India gives lower ETH price
Monday, 13 Sep 2021 11:45 am
The Indian government are planning to tax crypto currency trading and the entire crypto trading ecosystem in the country. The tax department enjoy crypto exchanges as they can generate a lot of extra tax revenue and believe that all activities that generate revenue must pay tax. After the news came out, ETH has decreased by 4% to 3217 USD and BTC to 44 702 USD. Eager to enter crypto trading? The Crypto expert eToro got a fantastic supply of assets to HODL. Try Etoro with a demo account today!

 CMC Markets’ share is falling despite an outstanding site
Monday, 13 Sep 2021 9:53 am
One of the market’s best trading sites, CMC Markets with the Next Generation trading platform, is extremely trade-friendly, powerful and can be tailored down to the smallest detail. Despite this, the stock market has sold off the stock significantly, which is now traded around 279 GBX. This is the same as 2.79 sterling. The downturn for CMC Markets is about 46% since the 2nd week in April, or over 30% since last week.


What are some possible reasons for this then?

The stock market got worried after the earnings warning for the FTSE 250 stock, which reveals subdued market activity during July and August for both new customers, but also for existing ones. This is probably due to the fact that the pandemic created extra large trading opportunities earlier this year and the figures for trading volumes have been slightly overestimated. At the same time, there are always more instruments, stock baskets and lots of forex trading to experience. By the way, the team at ForexTrading.uk believe that the autumn and winter will be significantly more active months for trading, as people sit indoors more and do not spend time on the beach instead of trading currencies.


Suggestion: For an outstanding trading experience, where you feel like a king, try Next Gen from CMC Markets today!

 Skilling introduces weekly charts & technical comments
Wednesday, 1 Sep 2021 2:13 pm
It’s exciting to see Skilling’s latest initiative, which means that support and resistance levels for a number of different instruments – together with technical commentary – are given out to the company’s customers. You get 5 hot instruments as a weekly newsletter – something you do not want to miss. This week, Manchester United’s share is taken up, along with natural gas which continues to rise, while silver (as ETF) has had a downward trend for a few weeks. At the same time, the EUR/USD seems to be rising again.
Register at Skilling, completely free of charge and receive exciting, free weekly letters from one of Sweden’s best trading platforms called Skilling Trader.

 Capital releases Ark Invest ETFs
Thursday, 26 Aug 2021 6:20 pm
If you have been disappointed that you have not been able to buy Ark Invest ETF from the UK before, we have an alternative for you. You can now trade both the popular Ark Innovation ETF and Ark Blockchain ETF through Capital’s CFDs. If you want to trade smart and smooth, Capital’s iOS app is fantastic – but their Android App also maintains the same high level. There are also hundreds of currency pairs to trade and Chinese stock CFDs like Alibaba, which is down 48% since the 1 year high. You can read more about the popular broker called Capital in our review . It’s easy to get started with a risk-free demo account today!

 Skilling adds the cryptocurrency Shiba Inu
Thursday, 26 Aug 2021 2:57 pm
The fact that meme cryptocurrencies with various dogs are hot has probably not escaped anyone. Now you can buy the cute dog, Shiba Inu (SHIB) as CFD, at Skilling. DogeCoin is already available at Skilling.

This summer, the supply of the number of SHIBs in circulation decreased by 45%, after Vitalik Buterin donated 90% of its holding to charity, according to Yahoo. The price of Shiba Inu has dropped 79% from May 10 this year to today’s date. Register with Skilling to trade today!

 Can forex trading with RUB be interesting? Try at Capital
Wednesday, 16 Jun 2021 2:10 pm
The US dollar has strengthened against the ruble (RUB) for 4 years, but there are increasing indications that a turnaround may be underway. Russia has been quick to raise interest rates, now at 5.5%, to overcome inflation, which exceeded 6% in June, for the first time in four years.

Russia’s central bank explains the increased interest rate by saying: “Both Russia’s and the global economy are recovering faster than expected. Inflation has developed above the Bank of Russia’s forecasts. The contribution from sustaining factors to inflation is increasing due to faster growth in demand compared to output expansion capacity. In the long run, this influence of price growth in the global commodity markets will be strengthened “.

The expectations among currency analysts seem to be that further interest rate increases may come in July, when it was already close to raising 100 points instead of 50 points in June. At the same time, the Russian economy is recovering faster than many expected and may return to pre-pandemic levels already in the second quarter of 2021.

Amundi (U.K.) Ltd. which deals with foreign exchange trading with the ruble, believes that there might be room for further interest rate increases and they “supports the view of a stronger ruble in the coming months”. TradingCentral also believes in stronger rubles against the USD. They set the stop loss at 72.15 and the profit pick-up at 71.805 followed by 71,652. Currently, the ruble is trading at 71,987 and is up 0.33% for the day. You can trade the Russian ruble against the dollar at the lowest spread and fastest execution speed at Capital (review). Try trading with a risk-free demo account today!

 Some trading opportunities at Capital
Monday, 14 Jun 2021 6:43 pm
Capital is an international currency broker available in 29 languages. The company has a fantastic range of instruments, with 35 commodities, 201 cryptocurrencies, 138 currency pairs, 3419 shares and 26 indexes to trade as CFDs. You can adjust the leverage yourself; eg if you do not want any leverage at all or if you want to run maximum leverage, which means 5x for a lot of stocks, up to 10x for some soft commodities and even higher levels for several currency pairs. Some extra hot currency pairs at Capital (read review) today are the following:

NZD/JPY: As many as 85% of all trades are buyers at the moment. This means that at present, the majority believe that NZD should be further strengthened against JPY. The country has managed among the best in the world, with a total of 5 deaths per 1 million inhabitants. Japan has unfortunately received more and more cases at the end, before the Olympics, with a total of 111 deaths per 1 million inhabitants. Japan’s growth fell from 2.8% in Q4, 2020 to -1% in the first quarter of 2021. Economists had expected growth of 1.3%. You can start trading NZD/JPY through Capital in a few minutes.

CAD/JPY: The Canadian dollar against the Japanese yenis another hot currency pair, where the commodity currency could be a possible loser if one is to believe TradingCentral. While the current price is around 90,584, their target price is 89,972 followed by 89,816. You can trade at extremely low spreads and lightning-fast trades, from a forex broker who has everything you could want. Try Capital yourself today!

 US Dollar beat everyone in today’s currency trading
Thursday, 3 Jun 2021 8:34 pm
The US dollar strengthens significantly today and reaches a maximum level over the past 3 weeks. Against the Japanese yen, the dollar is up 0.7%, against the South African rand, the USD strengthens by 1.04% and against the Norwegian krone by as much as 1.07%. The Swedish krona is doing a little better, with a 0.85% rise for USD / SEK, which is now trading around 8.33. If a proper turnaround comes after moving the support level around the 8.1 level three times, then 8.5 may be the next resistance for the USD.

Against the NZD, the USD become almost 1.5% stronger, while the AUD will lose 1.3% against the dollar. The influx of traders buying US dollars appears to be based on both fundamental and technical analysis, IG admits. The Fed announced that it will unwind its lending to corporate loans at the end of the year. If you are craving dollar trading, then our best tip is Skilling. They have a professional platform and you can either use copy trading where you follow professionals or buy dollars to trade with yourself. Try a Skilling demo account here!

 AvaTrade’s most popular instruments: Week 18
Tuesday, 11 May 2021 5:34 pm
AvaTrade reports on the instruments that increased or decreased the most last week. Among the best are Twitter (+ 21%), Snapchat (+ 18.5%), Uber (+ 17.8%) and the Cannabis Index (+ 11.4%). Among the losers, we mainly find cryptocurrencies, such as EOS (-50%), Bitcoin Gold (-42%), Bitcoin Cash (-39%) and DASH (-33%). Keen on trading? Try AvaTrade today with an outstanding platform, reputable history and transparent trading.

 Fantastic year for AvaTrade’s Duplitrader
Thursday, 22 Apr 2021 11:26 am
AvaTrade, the internationally recognised trading site, has started 2021 with fantastic results for their automatic trading robots. After many Brits used använt AvaProtect to protect themselves against losses, robot trading is now the major topic of conversation from the company.

Among 4 of the leading trading robots, the return is 14.5% for Rider, 19.5% for Cruiser, 68.8% for Oasis and 80.4% for Robust. After registering on AvaTrade, you can easily use the simulator to evaluate different portfolios and their results.

AvaTrade’s robots are based on sophisticated technical analysis tools and are designed to work over rapidly changing market conditions. All robots are monitored and optimized in real time by a group of trained traders.

The robust robot mainly uses swing trading and breakout as a trading style. The instruments that the Robust strategy automatically trades with are the DAX index, major currency pairs and gold trading. Profit over the last 98 weeks is $ 101 per trade. The best deal went plus $ 2997, while the worst went back $ 1114. Discover, evaluate and try DupliTrade with a demo account today! You can soon be up and running with a robot that trades for you .. Never before has trading been easier and smoother.

Over 28 weeks, the average profit per trade has been $ 8.92 Oasis, while the total profit is $ 18,034 and trading with losses amounts to $ 8458. The profit therefore amounts to $ 9576 from January 2021 to today’s date. The profit factor is 2.13 for Oasis and the average position stays the Oasis robot for just over 12 days. The latest deal for Oasis is EUR / USD, as the robot currently believes in the dollar against the euro. Try AvaTrade and their robot trade today.

 The currency no one believes in, except Erdogan?
Monday, 22 Mar 2021 12:23 pm
There is confusing forex trading, where one factor is positive – while the other part is negative. One such example is the Turkish lira. Just before New Year, many people thought that carry trading with TRY was extremely interesting. But since Turkey completely ignores common sense when it comes to fiscal policy, carry trading with TRY seems to be a bad idea. It feels like almost only Turkey’s president, Erdogan, believes in the currency and is trying to convince citizens not to buy gold or crypto – but just sit there with their Turkish lira. The only problem is that credibility is super low, after the country fired the talented central bank governor.

Why worry about interest then? Well, Turkey has a much higher interest rate than almost all countries in the western world. So if you go “long” in Turkish lira, you earn money every day, much like a dividend. For a bet of 1000 GBP and an exposure of 10,000 GBP, you earn 0.15 GBP per day in interest income if you go long in TRY. The only problem is that most people want to sell the Turkish currency now. Traders worry about political uncertainty following tensions with the US and an expected interest rate cut from the new central bank governor Governor Kavcioglu could put pressure on TRY, writes Reuters.

Technically, EUR/TRY has turned from 8.4 TRY per Euro, to 9.95 TRY/EUR today. If the trend continues, 10.2 followed by 10.5 may be the next resistance. You best buy the Turkish lira from the Scandinavian player Skilling. You can start trading really quickly and easily. Register in 15 seconds with Skilling today.! Trading has never been easier and more fun, as well as more transparent. See for yourself.

 Skilling expands with office in London
Tuesday, 28 Jul 2020 7:47 pm
The Skilling group, which conducts both forex trading, global stock trading and online trading through CFDs, is today opening an office in central London. This is part of the global expansion for Skilling, which was launched in 2016. David Berg, who is the international sales director, will create a global customer-oriented support for Skilling in the UK. David has previously held roles on eToro and LCG, among others, and has more than 13 years of experience from online trading. Skilling has been approved by the FCA to continue trading in England and the rest of the UK after Brexit.

Read more about Skilling in our review,, or if you can not wait to get started with a Swedish site for currency trading – then register here!