Trading News

Death Cross Forming in GBP/USD?

GBP/USD slipped in early trading on Friday, after UK Final Services PMI missed analyst expectations, coming in at 34.5. The pound fell sharply against the dollar in early March as investors sought the greenback for its liquidity and safe haven status. Sterling rebounded on March 20th, after the Federal Reserve had cut interest rates to a range of 0.00% to 0.25% and restarted quantitative easing with the purchase of $500 billion in treasuries and $200 billion in mortgage-backed securities on March 15th.

Read More »

Scandex Market Update – April 3

I’m still looking towards 23600 (or so) in ‘the Dow’ (long term chart below). Low today was right on the short term lower parallel and price also held VWAP off of the low and the 200 hour average. The dynamic around the 200 hour average indicates a near term behavior change…

Read More »

Dollar Firm Despite US Jobless Claims Carnage

The eagerly awaited weekly US jobless claims figure came in at 6.6 million for the week ending March 28, missing analyst expectations of 3.5 million and rising from 3.3 million in the prior week. The record breaking figure underscored the severity of the damage caused to the US economy by the coronavirus pandemic.

Read More »

Dollar Bid After Trump’s Dire Warning

The US dollar advanced against rival currencies in early trading on Wednesday, as global equities slumped. The grim reality of the coronavirus rattled investors after Donald Trump warned Americans to prepare for a “very, very painful two weeks”.

Read More »
Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Subscribe

News and Research

Welcome to News and Research at Scandinavian Capital Market´s media block! In this section, we will share with you news, analysis, insights and interviews with the leading Forex experts. 

Webinars

Welcome to Webinars  at Scandinavian Capital Market´s media block! In this section, we will announce the registration to our upcoming online events featuring the leading Forex business experts. 

Events

Welcome to Events section at Scandinavian Capital Market´s media block! Here we will announce the registration to the events, which will be co-organised or hosted by our company in cooperation with the leading Forex related media organizations and institutions. 

Company News

Welcome to Company News section at Scandinavian Capital Market´s media block! In this section, we will share with you news about new products, services, hirings and other institutional updates. 

Get In Touch

It has never been easier to start earning revenue from your forex community through a partnership with a highly trusted and regulated Forex broker.