Market Update – February 2 – A Continued Battle of Wills
Stocks surged, Yields dove sharply, and the US Dollar slumped on Wednesday and they are holding their gains/losses so far today as well. The FOMC delivered the 25bp rate hike as expected, reaching 4.75%, an…
Read More »Gold Price Forecast: XAU/USD bulls cheer Federal Reserve action ahead of United States Nonfarm Payrolls
Gold price (XAU/USD) makes rounds to the highest levels since late April 2022, close to $1,955 during the mid-Asian session on Thursday. In doing so,
Read More »Midweek Market Overview: 01 February 2023
Central Banks are in focus this week as investors eye the FOMC as well as ECB and BoE meetings. Dollar Midway through the week and the Dollar continues to find…
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How To Use Stop Loss (Risk Management)
How To Use Stop Loss (Risk Management) In this video Jay Wayne will show you how to use risk management, how to place stop loss and take profit. Join My…
Read More »S&P 500 and USDJPY: FOMC Strategy Run Down
It’s finally upon us: the FOMC rate decision. The markets have been waiting for this event, but will it give the clarity of theme and trends that traders have been…
Read More »PBOC is expected to set the USD/CNY reference rate at 6.7499 – Reuters estimate
<p>PBOC CNY reference rate is due around 0115 GMT.</p> This article was written by Eamonn Sheridan at www.forexlive.com.
Read More »PBOC is expected to set the USD/CNY reference rate at 6.7660 – Reuters estimate
<p>PBOC CNY reference rate is due around 0115 GMT.</p><p>Earlier:</p><p class="article-slot__title title top"><a href="https://www.forexlive.com/news/chinas-cabinet-said-it-will-promote-consumption-recovery-boost-imports-to-drive-economy-20230129/" rel="follow" target="_self" class="article-link">China's cabinet said it will promote consumption recovery, boost imports to drive economy</a></p><p class="article-slot__title title…
Read More »Events to Look Out For Next Week
The FOMC, BoE and ECB policy meetings and press conferences are the central bank highlights next week in the wake of a possible escape from a technical recession for Eurozone, while in…
Read More »EUR/JPY Price Analysis: Extends recovery firmly to near 141.50
The EUR/JPY pair sensed a significant buying interest after dropping to near the four-day low around 140.80 in the early Asian session. The cross has
Read More »Markets Week Ahead: US Dollar, Euro, British Pound, Gold, Dow Jones, Fed, ECB, BoE
Traders are eyeing the Fed, BoE and ECB rate decisions for the US Dollar, British Pound and Euro, respectively. Will central banks disappoint, bringing back market volatility?
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