Category: Business News
US Crude Oil and USDCAD Push Synched Range Swings Ahead of US
US Crude Oil and USDCAD Push Synched Range Swings Ahead of US CPIThe markets are abuzz with the anticipation of Tuesday’s US CPI release, but what do we expect to happen after the update? As a result, we’re going to take a look at two key assets that have exhibited robust congestion patterns this year […]
How to Trade Forex News: An Introduction
How to Trade Forex News – An IntroductionForex news is a critical factor in the trading of foreign exchange markets. It is important to recognize the different types of news and understand their impact on price movements. The first thing that you need to know when trading Forex news is that the market reacts based […]
British Pound Latest ? GBP/USD Pushes Higher on UK Jobs Data
GBP/USD Pushes Higher on UK Jobs DataGBP/USD Pushes Higher on UK Jobs DataThe British Pound jumped to its highest level against the US Dollar in six months after data showed a pickup in UK employment. However, the currency has stalled in recent trading sessions in tandem with a reversal in fortunes for global stock markets. […]
Australian Dollar Bumped on China GDP Data. Where to for AUD/USD
The Australian Dollar (AUD) has been on a steady decline against the US dollar in recent months, but the currency has been rallying recently. The AUD/USD pair is now trading at a three-week high and has a strong positive correlation with the Japanese yen. However, there are still a number of factors affecting its value, […]
EUR/USD at Key Inflection Point Ahead of US PPI Data
The US Dollar and EUR/USD both traded sideways on Monday, with both currency pairs moving down from their highs. The US Dollar was also affected by weaker economic data. On Friday, the US Producer Price Index came in at a slower rate than expected. This could put the Federal Reserve’s upcoming hike in doubt. However, […]
Major Forex Trading Sessions from Around the World.
A forex trading session is a specific time when the financial markets are active. These sessions are different, and they have their own characteristics. When trading forex, it is important to choose the most appropriate time for trading. This is largely dependent on the currency pairs that you are trading. If you are using a […]
Whats the Probability of an End of Week S&P 500 or GBPUSD Break
Whether it is the S&P 500 or GBPUSD, it is important to understand the probability of an end of week break. This is particularly true in the case of the British Pound. Hedge funds have shifted to selling the pound and are betting on a further fall. In the last half a year, the pound […]
USD/JPY Outlook: Descending Triangle Highlights Yens Short-Term Prospects.
Historically, the Japanese Yen has been considered a safe haven. This has made the currency pair a preferred investment option for many investors. However, recent developments in the US and Asia have led to a shift in the market sentiment towards riskier assets. This has resulted in a decline in the Yen against the US […]
Gold Looks Like Neither Inflation Hedge Nor Safe Haven.
Until recently, gold was seen as a safe haven against inflation. It is also seen as a hedge against macroeconomic shocks and financial crises. But in today’s environment, gold isn’t proving to be a reliable inflation hedge or a safe haven. A look at the past two years shows gold prices have traded sideways to […]
FIBOGROUP IS A GOOD BROKER, OBJECTIVE REVIEWS
Real reviews about FIBO Group about the forex company Despite the fact that the FIBO Group is not regulated, this does not mean that it is not a good broker. It holds a CySEC license and the Financial Services Commission of the British Virgin Islands. Furthermore, it offers a reputable trading platform, which is a […]