2023-07-11 07:39
EUR/GBP Drops to 0.8550 Amid UK Job Woes, Lackluster German Inflation The EUR/GBP exchange rate has recently experienced a significant drop to 0.8550, marking a significant shift in the curr… Read More
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2023-07-11 07:32
UK Government and BoE Pledge to Curb Inflation, Indicate High-Interest Rates May Persist The UK’s Finance Minister, Jeremy Hunt, has recently confirmed the government’s and the B… Read More
2023-07-11 07:24
US Dollar Dips Under Key Support Level The financial week started on a cautiously optimistic note, with European and US stocks registering slight increases. However, investor sentiment was s… Read More
2023-07-07 11:03
How to Make Sure Your Forex Broker is Trustworthy The world of forex trading is an exciting one, but success hinges significantly on the broker you choose. This article will provide gu… Read More
2023-07-07 10:22
Asian Currency Markets Subdued Amid Fears of Rate Hikes and Intervention Speculation Asian currency markets remained mostly stable on Friday as investors were looking for more indications re… Read More
2023-07-07 10:16
Gold Nears Fourth Consecutive Weekly Decline Amid Rising Rate Hike Expectations The value of gold is approaching its fourth straight week of decline, driven by growing anticipation for hikes… Read More
2023-07-07 10:06
USD/CAD Hits New 3-Week High Above 1.3370 as Investors Eye Canada/US Job Data The USD/CAD pair has recently reached a new three-week high, hitting 1.3375 during the London trading session. T… Read More
2023-07-06 07:00
USD/CHF modestly gains near 50-DMA, bulls eyeing a move above 0.9000 The USD/CHF pair has been modestly gaining near the 50-day Simple Moving Average (SMA), with traders watching closely for… Read More
2023-07-06 06:50
China’s ability to implement monetary stimulus is limited as the yuan approaches a 15-year low As China’s yuan edges closer to a 15-year low against the dollar, the country&rsquo&hell…Read More
2023-07-06 06:42
US Dollar Index: DXY surpasses 103.00 amid Fed forecasts and China Concerns pre-US data The US Dollar Index (DXY) oscillates near a weekly high of around 103.40, as market participants antic… Read More
2023-07-05 13:22
7 Basic Steps to Learn Forex Trading Embarking on the journey into the world of forex trading is undoubtedly an exciting yet daunting endeavor. While it does present vast opportunities for g… Read More
2023-07-05 10:21
AUD/USD Nears 0.6680 as FOMC Minutes and US Employment Data Awaited The Australian Dollar (AUD) is approaching 0.6680 against the US Dollar (USD), indicating a correction during the Asian tr… Read More
2023-07-05 10:13
Allianz’s Subran Warns of Increased Risk of Policy Mistakes from Fed or ECB Ludovic Subran, Chief Economist at Allianz, has warned of the potential for policy missteps by US or euro-zo… Read More
2023-07-05 10:02
USD/CAD Sees Modest Gains Near 1.3230-35, Awaits FOMC Minutes The USD/CAD pair has been a focal point for investors during Wednesday’s Asian session. This currency pair saw an uptick i… Read More
2023-07-04 10:57
How to Become Amazing at Day Trading Venturing into the financial markets with day trading can be an exhilarating and potentially lucrative pursuit. However, it necessitates a combination of… Read More
2023-07-04 09:47
Hopes of Interest Rate Peak Propel European Stocks Higher Optimism over a possible peak in interest rates has given European stocks a slight boost. On Tuesday, minor gains were noted across… Read More
2023-07-04 09:41
Quiet Market Witnesses Low Trading Volumes Amid US National Holiday The global financial markets recently experienced low trading volumes, largely attributed to the US national holiday, Inde… Read More
2023-07-04 09:33
With recovering oil prices and a struggling US Dollar, USD/CAD is declining towards 1.3200 before Canada’s PMI Amid the recovery in oil prices and ongoing struggles of the US Dollar, t… Read More
2023-07-03 08:38
Nikkei Paces Asia in Market Gains, China Trails Asian stock markets kicked off the week on a positive note, with Japan’s Nikkei Index spearheading the gains while China trailed. The su… Read More
2023-07-03 08:34
DXY Falls Under 103.00 Amid Varied Sentiment, Anticipates Fed Minutes, US NFP The US Dollar Index (DXY), a measure of the US dollar’s strength against a group of other major currencies… Read More
2023-07-03 08:28
The GBP/USD pair is fluctuating within a limited range, hovering around the 1.2700 mark As the new week unfolds, the GBP/USD pair is navigating within a tight range, lingering around the 1.2… Read More
2023-06-30 10:40
Dow futures are indicating a downward trend During the evening trading session on Thursday, U.S. stock futures exhibited a varied performance, following a predominantly positive session for… Read More
2023-06-30 10:31
Mid-Year Outlooks for APAC Sector Less Risky Due to China’s Recovery The mid-year outlooks for the Asia-Pacific (APAC) sector seem less risky, largely attributable to China’s eco… Read More
2023-06-30 10:20
USD/JPY steadies near YTD peak below 145.00 ahead of US PCE Index The USD/JPY currency pair is currently holding steady near its year-to-date (YTD) peak, hovering just below the 145.00 level… Read More
2023-06-29 12:22
What Is Lot Size in Forex Trading? For those embarking on the journey of online forex trading, mastering the concept of ‘lot size’ is crucial. This fundamental principle is the c… Read More
2023-06-29 09:04
Despite BoE’s Bailey’s Hawkish Stance, Sellers Approach 1.2600 Ahead of Powell’s Speech The GBP/USD pair is drawing closer to a 15-day low near the 1.2620 mark as Thursday… Read More
2023-06-29 09:00
Bank of Japan’s Chief Defends Monetary Easing Amid Yen’s Decline Kazuo Ueda, the current head of the Bank of Japan, has publicly supported the institution’s continuous impl… Read More
2023-06-29 08:56
Ahead of Significant Data Releases, US Dollar Continues its Rally The US Dollar (USD) is maintaining its strength against other currencies as it continues to rebound. The US Dollar Index rem… Read More
2023-06-28 10:04
NZD/USD Nears Daily Low in Mid-0.6100s, Losses Curbed by Weakening USD The NZD/USD pair is edging towards its daily low in the mid-0.6100s, with a softer USD providing a buffer against furth… Read More
2023-06-28 09:25
Xi Jinping of China Eases Foreign Investor Concerns Over Policy Uncertainties In a bid to alleviate concerns and uncertainties, Chinese President Xi Jinping has recently assured foreign inve… Read More
2023-06-28 09:18
Anticipation Grows for Possible FX Intervention to Support Japanese Yen The Japanese Yen has faced a considerable amount of pressure recently, depreciating by 3.5% against the US Dollar and… Read More
2023-06-27 11:42
How To Start Making A Profit with Forex Trading Forex trading has become increasingly popular, and numerous free resources are available to help you enhance your knowledge. These tools inclu… Read More
2023-06-27 08:51
GBP/JPY Hits 183.00, a Level Unseen Since December 2015; Recession Fears Curb Gains On Tuesday, during the early European trading session, the GBP/JPY pair rose to 183.00, a level not seen s… Read More
2023-06-27 08:45
US Markets See Lower Close in Quiet Trading; Big Tech Pullback Impacts Nasdaq US indices showed varied performance in a subdued trading session. The Nasdaq index experienced a decline of ove… Read More
2023-06-23 09:25
German Economy Slows in June as Businesses Encounter Weakening Demand Conditions The German economy experienced a marked loss of momentum during the latter part of the second quarter, accord… Read More
2023-06-23 09:17
Yen Traders Monitor Verbal Intervention Possibilities as Weakness Persists Tokyo’s foreign exchange (FX) traders are keeping a close eye on official statements as the Japanese yen (JPY… Read More
2023-06-23 09:06
Dollar Exhibits Initial Indications of Bottoming Yesterday, several central banks, including the Bank of England, Norges Bank, Swiss National Bank, and the Central Bank of Turkey, took cente… Read More
2023-06-23 06:56
Top 5 Reasons to Invest in Forex Trading The Forex market is the largest and most liquid financial market globally. It offers ample opportunities for investors to make significant returns on… Read More
2023-06-22 07:22
Trade Deficit in New Zealand Grows Despite Boost in China Exports Despite a boost in exports to China, New Zealand’s trade deficit broadened in May. The deficit increased from NZ$17.02… Read More
2023-06-22 07:17
GBP/USD Holds Above Mid-1.2700s, Lacks Intraday Trend Before BoE Decision During Thursday’s Asian session, the GBP/USD pair is confined to a tight range above the mid-1.2700s as trader… Read More
2023-06-22 07:08
US Yields Climb as Fed’s Powell Reinforces Commitment to Addressing Inflation Following Federal Reserve Chair Jerome Powell’s speech, which reinforced the central bank’s de… Read More
2023-06-21 13:13
Basic Types of Orders in Forex Trading Market The foreign exchange (forex) market, with its 24-hour operation and daily trading volume exceeding $6 trillion, is the largest financial market… Read More
2023-06-21 07:33
Dollar firm ahead of Powell testimony, sterling up on hot inflation The dollar was firmer on Wednesday leading into Federal Reserve Chair Jerome Powell’s appearance before Congress whe… Read More
2023-06-20 08:41
RBA Minutes Less Hawkish Than Expected, For Now The Board sees increased inflation risks while recognizing prospect of weakening economy. And rising unemployment rate. The Minutes from the R… Read More
2023-06-20 07:35
Dollar in demand as modest China rate cut hits sentiment The U.S. dollar gained in early European trade Tuesday, with this safe haven in demand as a rate cut by China’s central bank fa… Read More
2023-06-19 09:16
US Markets Closed for Juneteenth Holiday The consumer confidence of the University of Michigan was he only market relevant data release on Friday, but it brought somewhat of a mixed message… Read More
2023-06-19 08:19
US Dollar holds steady to start week, eyes on central bank speak The US Dollar (USD) holds steady early Monday after having suffered large losses against its major rivals last week. Stock an… Read More
2023-06-16 08:52
Euro Rallies after ECB Raises Rates and Inflation Forecasts It was mostly a good day for the global markets, except for Europe, which saw the European Central Bank (ECB) expectedly raise int… Read More
2023-06-16 07:08
Dollar rebounds from one/month low yen under pressure after BOJ meeting The U.S. dollar edged higher in early European trade Friday, rebounding after hefty overnight losses following weak ec… Read More
2023-06-15 08:40
FOMC Skips June, But Signals Hikes Not Done Yet As widely expected, the FOMC decided unanimously to refrain from raising rates at today’s meeting. However, the Committee continued to s… Read More
2023-06-15 06:35
Dollar surges after Fed signals more rate hikes ahead The U.S. dollar rallied in early European trade Thursday, boosted by the Federal Reserve’s hawkish projection of more tightening t… Read More
2023-06-14 11:03
Today’s FOMC Will be a Key Focus for China and Hong Kong Stocks China proxies; Hang Seng Index, Hang Seng TECH, and Hang Seng China Enterprises have outperformed S&P 500 & MSCI… Read More
2023-06-14 07:58
XAU/USD defends 100-day SMA ahead of the crucial FOMC decision Gold price once again attracts some buyers near the 100-day Simple Moving Average (SMA) on Wednesday and recovers a part of the… Read More
2023-06-13 08:14
Best Useful Forex Trading App That Help You Earn Money If you are involved in forex trading, then there are going to be a lot of different balls that you need to juggle. Some people will rel… Read More
2023-06-13 07:12
US May CPI Inflation The Main Dish Today US stock markets retained positive momentum yesterday with the three main indices rising by 0.55% (Dow) to 1.5% (Nasdaq). The S&P 500 rose by alm… Read More
2023-06-12 10:04
A Busy Week for Central Banks Sentiment is cautiously bullish into the next US CPI figure, due tomorrow, and the next FOMC decision due Wednesday. U.S. inflation is expected to have fallen t… Read More
2023-06-12 07:26
EUR/USD flat-lines around mid-1.0700s, traders await US CPI and FOMC decision this week The EUR/USD pair recovers a few pips from the Asian session low and for now, seems to have stalled its… Read More
2023-06-09 08:22
Chinese Markets Unmoved By This Morning’s Price Data US weekly jobless claims, of all things, was responsible for yesterday’s main market move. Applications rose from 233k to 261… Read More
2023-06-09 07:22
USD/CAD at Risk on Hawkish BoC but Fed May Be a Spoiler The Canadian dollar has appreciated sharply against the U.S. dollar since late May. The chart below shows how USD/CAD has fallen more… Read More
2023-06-08 07:48
Surprise BoC Hike Fuels Hawks Around the World The surprise 25bp hike from the Bank of Canada (BoC) yesterday sent shockwaves across the financial markets. BoC decision to resume its rate hi… Read More
2023-06-08 07:01
Dow Jones Versus the Nasdaq 100 Amid Rising Government Bond Yields The blue-chip-oriented Dow Jones gained cautiously on Wednesday while the tech-heavy Nasdaq 100 sank 1.75% in the worst sin… Read More
2023-06-07 08:49
Weak Chinese Trade Data Add to Growth Worries German Bunds outperformed US Treasuries during European trading hours following an unexpectedly strong decrease of inflation expectations in the… Read More
2023-06-07 08:04
Gold Gets its Groove as Markets Consolidate across the Board The gold price is oscillating around US$ 1,980 again today as markets reassess the landscape with China looking to stoke some gro… Read More
2023-06-06 08:03
Reserve Bank of Australia Raised Policy Rate Further by 25 bps A disappointing US non-manufacturing ISM was yesterday’s defining moment for FI and FX trading. Up until the release, the… Read More
2023-06-06 07:21
GBP/USD struggles to surpass 1.2450, upside seems favored despite hawkish Fed bets improve The GBP/USD pair has witnessed delicate barricades after climbing to near 1.2450 in the early Europ… Read More
2023-06-05 08:42
FOMO Regime Change for US Stock Market The laggards, Dow Jones Industrial Average & Russell 2000 have recorded stellar single-day outperformances on Friday, 2 June against the Nasdaq 100… Read More
2023-06-05 07:09
XAU/USD bears approach $1,930 support on upbeat US Dollar Gold Price (XAU/USD) stays on the bear’s radar for the second consecutive day as the precious metal renews intraday low near $… Read More
2023-06-02 08:32
8 Tips for Trading Gold (XAU/USD) As forex traders seek out stable investments that can hedge against inflation, market instability, and other geopolitical factors, gold has become more popu… Read More
2023-06-02 07:59
EUR/USD: Planning for Friday’s NFP Volatility EUR/USD started June with a 100-pip rally after a volatile end to May. Given the selloff we saw last month, a retracement in early June wa… Read More
2023-06-01 08:44
US and Taiwan Set to Sign the First Deal Under a New Trade Talks Framework Core bonds enjoyed another solid bid yesterday, further unwinding ‘hawkish sentiment’ that reigned sinc… Read More
2023-05-31 10:56
What is a Forex Spread? A Forex spread is the difference between the bid price and the ask price of a currency pair. Each Forex company offers different spreads on each of its currency pairs… Read More
2023-05-31 08:49
What if Russia Didn’t Follow OPEC’s Output Cuts? The US 2-year yield fell sharply, while the S&P500 ended flat after hitting a fresh high since last summer on optimism that t… Read More
2023-05-30 10:33
One Step Closer to Debt Ceiling Deal – And a Fed Hike The holiday shortened trading week starts tense but on an optimistic note as US President Joe Biden and House Speaker Kevin McCart… Read More
2023-05-29 10:18
What is a Forex Strategy? Forex traders start off by making trades based on minimal knowledge, and a close watch of the market without planning ahead. It is possible to trade this way and so… Read More
2023-05-29 08:27
Forex and Cryptocurrency Forecast EUR/USD: Dollar Awaits U.S. Bankruptcy The dollar has been rising since May 4. Last week, on May 26, the DXY Index reached 104.34. It hasn’t been this… Read More
2023-05-26 08:26
US PCE Deflators and Durable Goods Orders Scheduled UK bonds crashed for a second day straight with yields adding 10.6-19.2 bps across the curve. UK money markets discount an additional 100… Read More
2023-05-25 08:13
8 Useful Tips to Choosing the Right Forex Broker There has been a lot of interest in forex trading lately, and it is easy to see why. With your phone or laptop and an internet connection, an… Read More
2023-05-25 07:30
Fed Minutes Depict Uncertainty Surrounding Future Rate Hikes The minutes from the May 2-3 Federal Open Market Committee (FOMC) meeting reiterated that curtailing inflation remains the princi… Read More
2023-05-24 07:36
RBNZ Monetary Policy Statement May 2023 The RBNZ tightened by 25 points to 5.5 percent and expressed confidence that this will be sufficient to bring inflation back to target. We continue to… Read More
2023-05-23 07:27
Fed’s 2 Biggest Hawks Yesterday Coloured Trading The Fed’s two biggest hawks yesterday coloured trading which until then turned out to be non-directional. Kashkari from the Minne… Read More
2023-05-22 09:00
The Gold Standard In Forex Trading What is the Forex market? Before moving on to the gold standard, let’s review the concept of Forex trading. Forex trading means trading in currency p… Read More
2023-05-22 07:06
EUR/USD Trying to Extend Bottoming Out U.S. Treasuries and German bunds parted ways Friday after a combined 10 basis point rise the day before. U.S. yields still rose between 1.3and 4.8 basi… Read More
2023-05-18 07:51
Advantages to Trading using MT4 platforms Mt4 or Metatrader 4 is one of the most popular and used Forex trading platforms. It is offered by almost every Forex company and preferred by many f… Read More
2023-05-18 06:57
Gold Price Forecast: XAU/USD could rebound to $2,005 if 50 DMA support holds Gold price is replicating the moves seen in Wednesday’s Asian trading, making headways for a minor recovery… Read More
2023-05-17 10:00
US Debt Theater: Final Act? Risk sentiment remains poor as the US couldn’t reached an agreement on its debt ceiling. But House Speaker McCarthy hinted that an agreement is possible wit… Read More
2023-05-17 07:44
Why is Forex Trading Education Important? Risk management is undoubtedly one of the most important skills you can use when trading forex. In fact, risk management is an important aspect of a… Read More
2023-05-16 08:19
Agreement On U.S Debt Ceiling Unlikely Before Last Minute U.S. stocks started the week on a slightly positive note after weak economic data fueled expectations of a pause by the Federal Rese… Read More
2023-05-15 08:39
Euro Having Harder Time Against Both Dollar and Sterling The University of Michigan consumer confidence for the month of May unexpectedly set the tone for last week’s trading session W… Read More
2023-05-09 11:22
AUD/USD Dips on Soft Retail Sales AUD/USD ends 6-day rally Australian retail sales decline Fed warns that banks are tightening credit The Australian dollar is in negative territory, ending a… Read More
2023-05-08 08:40
Best Forex STP Brokers in 2023 There are two types of Forex brokers, Market Makers and STP Brokers. They differ based on market execution and price quotation methods. Some brokers offer both… Read More
2023-05-08 08:02
JPY Bearish Positioning is Getting Overstretched Better than expected US non-farm payrolls for April have failed to ignite US dollar bulls. Two outliers; the safe haven currencies, CHF and J… Read More
2023-05-05 07:14
Will Nonfarm Payrolls Hint at a Fed Pause in June? The Federal Reserve delivered its tenth consecutive rate hike on Wednesday, as expected, but reset its guidance to indicate increased empha… Read More
2023-05-03 07:28
A Risky Lopsided US Stock Market Performance The year-to-date performance of the S&P 500 has been heavily skewed by the top 8 market cap stocks (FAANG + MNT). US regional bank fear persi… Read More
2023-05-02 07:58
RBA Board Hikes the Cash Rate by 0.25% Choosing to raise is the better policy option, even if it is not consistent with our interpretation of the implicit guidelines. The Reserve Bank Board… Read More
2023-05-01 08:38
The 5 Most traded Currency Pairs In 2023 The foreign exchange market is the largest financial market in the world, trading $6.6 trillion every day. The foreign exchange market is open… Read More
2023-05-01 08:09
Slightly Easing Price Pressures A busy week of data releases and central banks begins on a quiet note. Today we are eager to see if the US ISM manufacturing index for April reflects s… Read More
2023-04-28 07:18
RBA Board to Pause Again at its May Meeting The Reserve Bank Board meets next week on May 2. Following the release of the March quarter inflation report Westpac now expects the Board to exte… Read More
2023-04-27 07:52
Temporary First Republic-Related Stress to Fade Further Shares of First Republic remain on a slide, but the spillover to other markets was much less than Tuesday. The new sell-off in the sto… Read More
2023-04-26 07:29
Riksbank to Deliver 50bp Rate Hike Today Today’s main event will be the Riksbank’s policy rate decision at 9:30 CET, where we expect a 50 basis point hike in line with market pri… Read More
2023-04-25 08:23
Caution Prevails Ahead of Big Tech Earnings Most Asian equities flashed red on Tuesday, pressured by losses in Chinese shares as investors evaluated China’s re-opening story in the fac… Read More
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