FxGalaxyPremium

FxGalaxyPremium

This is the most popular currency pair in the world, representing the world's two largest economies. The Euro was created to facilitate cross-border trade of European trading partners. Since its inception in 1999, the pair has faced considerable volatility as the world has faced multiple events of volatility such as the tech boom becoming the tech bust, the real...

FxGalaxyPremium

GOLD

FxGalaxyPremium

The Pound has well and truly lost its shine, having fallen over 2% from its post-Brexit high of 1.4377. Losses continued for the currency after some relatively cautious comments from BoE Governor Carney who acknowledged the recent mixed economic data, while he also suggested that the May meeting is not a done deal. Market pricing for a May rate hike is just shy...

FxGalaxyPremium

Talking Points: 1. Australian Dollar paid more attention to sentiment last week than relevant economic data 2. Local CPI and US GDP could disappoint, taking the currency one way and then another 3. This opens the door for risk trends to take the spotlight for the Australian Dollar yet again The Australian Dollar was on its way to finish another week higher...

FxGalaxyPremium

Talking Points: 1. UK inflation slips lower than expected but wage pressures build. 2. Bank of England’s Carney gives nothing away. 3. UK Q1 GDP is released at the end of the week. How are Retail Traders Currently Positioned in GBPUSD and why does it matter? We remain neutral on GBP in the short-term but believe that the long-term uptrend in Sterling remains in...

FxGalaxyPremium

This symbol features the Australian Dollar - Swiss Franc cross pair. While less popular than the AUDJPY cross, the AUD/CHF has similar characteristics in that it can be used as a carry trade. Some may also view this pair as a reflection of risk sentiment due to the risk-on nature of the Australian currency and the safe-haven characteristics of the Swiss franc.

FxGalaxyPremium

Talking Points: - USD/CHF has continued to show strength even with a persistently-weak US Dollar, and the pair rallied up to a fresh two-month high last week ahead of Non-Farm Payrolls out of the United States. - USD/CHF is continuing a pullback that started last Friday after that disappointing NFP report, and the pair is fast-approaching a couple of areas of...

FxGalaxyPremium

The Pound/Swiss Franc cross is a lower volatility pair that is tempered by the currencies' economic and geographic proximity. The Swiss Franc is considered a benchmark safe haven currency due to its history as a refuge for wealthy individuals from foreign shores looking to safe guard capital. In turn, the British Pound is one of the premier reserve currencies and...

FxGalaxyPremium

Yen is one of the most traded currencies in the world, especially due to its low interest rate since the Yen is used in carry trades. Recently the Bank of Japan has expanded their purchase of Yen, hoping to overturn the deflation tide to inflation. Doubling this money supply is devaluing the Yen, boosting exports; but, increasing prices of imports at the same...

FxGalaxyPremium

The British Pound against the US Dollar is one of the oldest currency pairings in the world. The pair is often called 'The Cable', as the first transatlantic communication cable run across the floor of the Atlantic, connecting Great Britain with The United States, was used to transmit currency prices between the two economies. 'The Cable' remains a favorite of...

FxGalaxyPremium

This is the forex quote for the Swiss Franc - Japanese Yen cross pair. Both of these currencies are often viewed as safe-haven currencies and funding currencies due to their unique financial properties and low interest rates. CHF/JPY reached its lows during the 2008 financial crisis, when it hit ¥74.65. Since then, the pair has traded higher far beyond this level...

FxGalaxyPremium

This is the forex quote for the Swiss Franc - Japanese Yen cross pair. Both of these currencies are often viewed as safe-haven currencies and funding currencies due to their unique financial properties and low interest rates. CHF/JPY reached its lows during the 2008 financial crisis, when it hit ¥74.65. Since then, the pair has traded higher far beyond this level...

FxGalaxyPremium

The New Zealand Dollar saw some uncertainty lift Monday (March 26) with the Reserve Bank of New Zealand’s formal adoption of a duel monetary-policy mandate. On government instruction the central bank will now have to consider not only its old inflation target when setting interest rates, but also the “maximum, sustainable” level of employment. This addition was...

FxGalaxyPremium

The Euro/Pound represents a cross between two biggest economies in Europe - the Euro-zone and the United Kingdom. Given the economic proximity and interdependence between the two, the pair is significantly less volatile than many other Euro or Pound based crosses. The pair is particularly sensitive to changes in monetary policy between the Bank of England and...

FxGalaxyPremium

...

FxGalaxyPremium

30 companies with the best financial performance in Germany, based on the Xetra system of the Frankfurt Stock Exchange.

FxGalaxyPremium

Bitcoin has had another struggle this week with the price falling back to this week’s low ahead of the weekend.Upside remains limited with resistance around $9,260 acting as a strong barrier, while the downside target of $6,000 remain intact after BTC broke the 78.6% retracement level at $8523. The stochastic level has also turned lower from its current extremely...

FxGalaxyPremium

The Yen rally continues to further itself along against most currencies as ‘risk-off’ grips equity markets. Most of the pairs have been trading lower, with GBP/JPY as a holdout due to a strong sterling. However, recent price action suggests that could rollover in-line with the others. A bear-flag is emerging, but has yet to trigger. Should it trade below the...