ADP posts 177,000 new jobs but traders not convinced
US Q2 GDP revised lower to 2.1% (2.4% previously)
USD pares six week gains after weaker figures this week
The recovery in equity markets… Read More
By ForexTime
Today’s big event and potential market shaker will be the latest US inflation data which could offer fresh insight into the Federal Reserve’s next move.
As t… Read More
Short answer fx trading charts: FX trading charts are graphical representations of currency prices and market trends. They are used by traders to identify patterns, make decisions, and monit… Read More
By ForexTime
Over the past two weeks, the EURUSD found itself trapped within a 150-pip range after bulls failed to conquer weekly resistance at 1.09.
It is worth keeping in mind tha… Read More
By ForexTime
Asian shares flashed red on Thursday, tracking declines in Wall Street overnight after the Federal Reserve signalled interest rates will climb higher than anticipated.
This fre… Read More
By ForexTime
Volatility could be the name of the game over the next few days due to the protests in China, speeches from Fed officials including Jerome Powell, and top-tier economic data.
I… Read More
The change in narrative by various central banks was welcomed by traders, with stocks celebrating the reduction of Fed hawkishness by marching higher. Even though US stocks began to retreat… Read More
USMCA boost short-lived
US stock markets are expected to open around half a percent lower on Tuesday, reversing much of Monday’s gains as investors quickly move on from the positive tr… Read More
This “Candlestick Dashboard” indicator scans ALL currency pairs and ALL time-frames for powerful candlestick patterns that have the GREATEST probability of winning…
Hi t… Read More
With a technical correction in place on the S&P500, one needs to rethink about turning from cautiously bullish to cautiously bearish. The outlook on the world is significantly worse than… Read More
US Dollar at Risk of Declines as Fed Hints at Fresh Quantitative Easing Fundamental Outlook for US Dollar: Bullish - US Federal Reserve hints at further Quantitative Easing, Sinks US Dollar… Read More