Trading hits $6.6 billion per day Trading in the foreign exchange market has hit $6.6 trillion per day, according to the latest survey from the Bank of International Settlements. The BIS today reported today that volume in the survey month of April rose 29% compared to 2016. The comprehensive survey is conducted every three years.

Seasonal trends in financial markets in September September isn’t the greatest month for seasonal trends. When you think about it, that makes a lot of sense. July and August are holiday months and that keeps central bankers and government officials largely on the sidelines. When they get back to work in September, things start to

The August seasonal patterns nailed it You can’t predict anything from Donald Trump but the August seasonal patterns did a great job of predicting how the month would go. At the start of the month, I highlighted six seasonal patterns in August and here’s how they did. 1. Weakest month of the year for NZD/USD

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

3-month risk reversals show that the yen and franc are the two currencies poised to gain against the dollar ForexLive Among the major currencies, the yen and franc are seen as the only gainers against the dollar amid the backdrop of ongoing US-China trade tensions and a slowing global economy. Meanwhile, the pound is seen

A look at the seasonal trends in August markets At the start of July I wrote about some seasonal trends. This was a winner with the S&P 500 rising 1.3%, even with yesterday’s decline. Through the first three weeks of July this was a great trade with NZD up 1.3%, AUD up 1.0% and CAD

GBP/USD 3-month risk reversals fall as volatility increases ForexLive Option traders are siding with spot traders on the direction for the pound in July and the 3-month risk reversals in GBP/USD indicate that option traders see more pain for the pound still to come ahead of the 31 October Brexit deadline. The 3-month risk reversals

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

Some snippets from commentary for the session via BNZ Overnight: backdrop of a stronger USD NZD …  down to 0.67 after again meeting some technical resistance in the 0.6730-0.6740 zone On yesterday’s data: NZ inflation data had no impact on the market yesterday On NZ economy: growth slowing global risks in the background inflation pressures

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

Dollar weakness was the main theme The first trade I highlighted was selling USD/CHF . I noted that the pair had fallen in 10 of the past 12 Junes and it was its worst month on the calendar. I also highlighted the potential chart breakdown. Indeed the pair did breakdown and continued to break more

Forex futures positioning data among non-commercial traders for the week ending June 25, 2019: EUR short 56K vs 52K short last week. Shorts increased by 4K GBP short 59K vs 53K short last week. Shorts increased by 6K JPY short 10K vs 17K short last week. Short trimmed by 7K CHF short 16k vs 15k short last week.

An update on the expiries list at play ahead of month-end, quarter-end trading EUR/USD: 1.1320-30 (€846m), 1.1350 (€413m), 1.1375-85 (€1.1b), 1.1400 (€421m) USD/JPY: 106.75-85 ($1.7b), 107.50 ($2.2b), 107.75-85 ($770m), 108.00-05 ($1.1b), 109.00 ($1.3b) USD/CAD: 1.3090-00 ($1.1b), 1.3150 ($440m), 1.3280 ($1.3b) ForexLive A bit of a slight update to the expiries list earlier in the day.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

Forex seasonal trends for June The seasonals for June make a pair of currency charts even more interesting. First, June is the worst month on the calendar over the past decade against the Swiss franc. It’s fallen in 10 of the past 12 years and the average over the past decade is -1.37%. What’s especially

May winds down with another win for the seasonals Some months are better than others for trading seasonal patterns. This year, following the trends in May was a great idea. 1) EUR/USD shorts May has been easily the worst month for the euro over the past 10 years and shorts paid off once again this

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

Weekly Forex futures met noncommercial positioning data for the week ending May 21, 2019: EUR short 101K vs 95K short last week. Shorts increased by 6K GBP short 26K vs 3K short last week. Shorts increased by 23K JPY short 55K vs 62K short last week. Shorts trimmed by 7K CHF short 37k vs 40k short last week.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

Some decent-sized expiries may help to limit price action this week despite downside pressure after Lowe’s speech 21 May: 0.6800 (A$909m) 22 May: 0.6850 (A$604m) 24 May: 0.6850 (A$406m), 0.6900 (A$510m) I’m mostly alluding to the ones rolling off tomorrow and on Friday at the 0.6850 level. They’re not exactly blockbuster amounts but they could

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;

What are some forex seasonal patterns in May? Welcome to May. It’s the start of the good-weather season in most of the Northern Hemisphere but it’s not a good month for every asset. The oldest adage in stock trading is to “sell in May and go away” but the S&P 500 has been positive in

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment;