News

The countdown to Brexit has begun and one thing’s for sure… whether you believe the UK will “Leave” or “Remain”, the markets are sure to see a lot of volatility. At easyMarkets we know that for traders this means possible opportunities to make profits but it can also be risky. This… read more

This week the sterling dives by UK referendum worries. What Happened? Today the GBP/USD declined further to 1.4120, after Friday’s 1.4% drop. Overall, Sterling has lost over 400 pips in the last 4 trading sessions with people now mentioning a possible retreat below 1.40 ahead of the referendum. The FTSE… read more

Nervous sentiment is prevailing in the market as the possibility of a “Brexit” has increased in the past few days. During the evening four new polls were released and three of them showed that the ‘leave’ campaign is ahead of the ‘remain’ campaign. The economic calendar is rather busy today… read more

Investors’ worries about the upcoming British referendum on whether to remain in the European Union on 23 June added to already existing fears of a global economic slowdown, and also crude oil prices which remain at low levels.  There are forecasts for increased volatility within the markets now that there… read more

With less than a month away from the EU referendum, market watchers are paying extra close attention to any updates related to the Brexit. The British pound has been particularly volatile in the past few weeks, as early opinion polls are showing a slight lead in favor of staying in… read more

Traders use numerous trading techniques and strategies to increase their odds of successful trades.  Technical analysis is a powerful tool utilized by traders to keep them in front of the trading curve.  Support and resistance along with trend lines and channels are examples of forex strategies utilized by traders to… read more

From the desk of Robert Francis, Managing Director (APAC) at easyMarkets. A devastating storm across eastern Australia over the weekend caused severe flooding and left at least three people dead, reminding us all that we are all at the mercy of mother nature. While it’s impossible to equate the loss… read more

We are now past NFP and Janet Yellen speech and the market seems to have come to terms with possibility of no rate hikes in the coming months. Yesterday Janet Yellen was perceived to be more dovish than expected and now according to current market pricing, the probability of a… read more

US job creation slowed to a crawl last month, stirring fresh worries about the strength of the economic recovery and casting doubts about the Federal Reserve’s plans to hike interest rates in the coming months. Employers added a mere 38,000 workers to payrolls last month, the weakest hiring rate since… read more

Today’s calendar is highlighted by Non-Farm Payrolls which is expected to show 170k growth in May with unemployment rate unchanged at 5%. Today’s announcement is very important as the continuous communication from FED members indicated a very high probability for  rate hike in June/July, so if the news reveals slower… read more