Forex Trading Mind
Blog By Adam Lemon - DailyForex.com Chief Analyst
British PM May Resigns, Brexit Takes Unexpected Turn
Last Thursday I wrote that it looked likely that the British Prime Minister would shortly be forced out of office,
Pound Sinks as British Government Nears Collapse
We are seeing some strong trends in the Forex market now, which is good news for trend traders.
Australian Dollar Plunges Again
The Australian Dollar got an unexpected boost over the weekend, as the shock victory of the current Australian government was registered in the hours following the closure of electoral polling stations in Australia as the votes were counted.
Weekend News Highlights
There are three news items in the news headlines today which are likely to be of interest to Forex traders right now. Find out what they are!
Strong vs Weak Currencies
One of the best, most profitable methods you can use to trade the Forex market successfully is by waiting until you can identify currencies which are particularly strong or weak
Trump Tweets on China Trade Dispute
I wrote yesterday about the recent deterioration in the U.S. / China trade dispute, which is continuing to dominate markets
U.S. / China Trade Troubles Continue
Markets were spooked last week as President Trump publicly called out China on the two nations’ work towards a trade agreement and announced the imposition of further tariffs on Chinese imports.
Market Roundup 7th May
The big news this morning as London came online was the Reserve Bank of Australia’s surprising decision to leave its interest rate unchanged at 1.50%