Europe

  • Positive sentiment towards risk continues, with US index futures adding to their sharp gains from Friday. European markets generally higher after a mostly positive Asian session overnight.

  • Risk-sensitive currencies such as the Aussie and CAD higher and CHF weaker with JPY also looking weak after a sharp rally in Nikkei index.

  • Quiet day in terms of data, with focus being mainly on US company earnings results. Goldman earnings beat expectations.

Europe

Risk Warning Notice Foreign Exchange and CFD trading are high risk and not suitable for everyone. You should carefully consider your investment objectives, level of experience and risk appetite before making a decision to trade with us. Most importantly, do not invest money you cannot afford to lose. There is considerable exposure to risk in any off-exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of the markets that you are trading. Margin and leverage To open a leveraged CFD or forex trade you will need to deposit money with us as margin. Margin is typically a relatively small proportion of the overall contract value. For example a contract trading on leverage of 100:1 will require margin of just 1% of the contract value. This means that a small price movement in the underlying will result in large movement in the value of your trade – this can work in your favour, or result in substantial losses. Your may lose your initial deposit and be required to deposit additional margin in order to maintain your position. If you fail to meet any margin requirement your position will be liquidated and you will be responsible for any resulting losses.

Feed news

Latest Forex Analysis

Editors’ Picks

EUR/USD: Bid for fifth straight day ahead of Fed speak

EUR/USD is extending the four-day winning streak with markets offering US Dollars amid a rally in gold prices. EUR/USD's impending move toward 1.16, as called by technical charts, will likely gather pace if the Fed Chair Powell reinforces rate cut expectations with dovish comments later today.

EUR/USD News

GBP/USD undermines increasing odds for hard-Brexit while aiming 50-day SMA

Even with the UK PM candidate Boris Johnson reiterating his pledge to leave the EU on October 31, the GBP/USD pair continues to trade on the front foot near 1.2750 heading into the London open on Tuesday.

GBP/USD News

USD/JPY: Downside opening up towards 106.60 as US-Iran tensions flare up

USD/JPY remains heavily offered and extends the drop below 107.00, as the risk-off action in the Asian equities intensifies on escalating US-Iran tensions amid broad-based US dollar weakness. 

USD/JPY News

Markets, G20, Oil, Gold, Bitcoin

The next week could be hugely influential for the rest of the year so it's hardly surprising to see markets trading a little flat to kick things off. Investors are heading into this period in a buoyant mood, with US markets back in record territory and global stocks having enjoyed a very good week. 

Read more

Gold: On its way to $ 1450 amid escalating US-Iran tensions, weaker USD

The ongoing USD weakness and escalating US-Iran geopolitical tensions offer fresh legs to the yellow metal’s surge to six-year tops. Gold prices are now testing the 1440 figure en route the key 1450 barrier. 

Gold News

Majors

Cryptocurrencies

Signatures