Thursday, May 16, 2024

Most Recent Articles by

Benjamin

AUD/USD Update: Multi-Year Lows Amidst USD Strength and RBA’s Decision

The current price of AUD/USD stands at 0.6304, with the US Dollar continuing its upward surge, driven by fresh multi-year highs in US yields....

Weekly Market Report (September 18th – 22nd, 2023)

Another eventful week unfolded in the world of finance, marked by central bank rate decisions and their associated surprises. The Fed, in line with...

Unlocking the Crypto Code: Value Per User as the Indicator of Tomorrow

In the ever-evolving world of cryptocurrency investments, finding the right metrics to gauge the potential and value of various digital assets can be akin...

FOMC Meeting Insights: The Financial Landscape Unveiled

As the financial world turns its gaze toward the FOMC's meeting today, let's dive into the intricacies of what's unfolding in this high-stakes financial...

Weekly Market Report (September 11th – 15th, 2023)

Welcome to another edition of our weekly Forex Analytix market newsletter. We've had quite a week in the world of finance, marked by significant...

Overview of the upcoming economic events and data releases, along with analysts’ forecasts and insights 13/8 – 19/8.

PBoC MLF Rate Decision (Tue): The People's Bank of China (PBoC) is expected to maintain its 1-year MLF rate at 2.65%. Despite weak economic...

Unraveling the Impact of Interest Rates and Central Bank Policies in Forex Trading

In the intricate world of forex trading, the forces that govern currency valuations go beyond mere market sentiment. Central bank policies, particularly decisions regarding...

Decoding the Impact of Consumer Price Index (CPI) on Forex Trading

In the realm of forex trading, staying attuned to economic indicators is essential for making informed decisions. Among these crucial indicators, the Consumer Price...

Unveiling the Significance of High Time Frames (HTF) in Forex Trading

In the dynamic world of forex trading, mastering the art of analysis is paramount to making informed and successful decisions. Among the arsenal of...

Exploring Profitable Forex Trading Strategies: A Roadmap to Success

Forex trading, with its potential for substantial profits, has attracted traders from all walks of life. However, navigating the vast and volatile forex market...

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Insights for Traders Amid Ukraine Developments

In the realm of trading, geopolitical events like the recent developments in Ukraine, as outlined by President Zelensky on February 17th, can significantly impact financial markets. Zelensky's decision to withdraw from Avdiivka underscores the importance of staying informed about global conflicts, as they can affect the demand...

Weekly Market Report: January 22nd – 26th, 2024

Key Market Movements in the Spotlight As we conclude another eventful week in the financial landscape, the prevailing trend of the year remains evident. Equities continue to thrive, driven by widespread expectations of central bank rate cuts throughout 2024. Highlights: US Dollar Sees Modest Gain: The US Dollar experienced a slight...

Market Insights: Reviewing the First Week of 2024

As the financial markets resumed action after the holiday season, the arrival of 2024 introduced intriguing movements, hinting at potential shifts in established trends. Join us for a comprehensive analysis in our weekly newsletter! Noteworthy Market Trends: US Dollar's Vigorous Start: The US Dollar commenced the year on a robust...

Market Insights: Weekly Overview (December 11th – 15th, 2023)

Last week witnessed significant market shifts, largely steered by central bank actions. Among the surprises was the Norges Bank rate hike, but it was the Federal Reserve's dovish stance that notably impacted market sentiments. USD Takes a Dive: The US Dollar retraced all gains from the prior week, driven...

Unveiling the Dynamics of Trading Firms: Pioneers in Financial Markets

Trading firms operate at the heart of global financial markets, executing transactions and playing a pivotal role in shaping market dynamics. These entities, ranging from small proprietary trading shops to large hedge funds, wield significant influence. Let's delve into the multifaceted world of trading firms, exploring their...

Gold Prices Reach Record High Amidst Fed’s Rate Hike Speculations

Last night marked a historic surge in the world gold price, reaching an unprecedented $2,076 per ounce, surpassing the previous record set in 2020 at $2,075 per ounce. By 8 AM today, the global gold price traded at $2,068 per ounce, displaying a remarkable $26 per ounce...

Weekly Forex Recap: Mixed Markets Amidst Yield and Dollar Tussle

Last week saw a market breather with lighter economic data, but the spotlight remained on yields and the Dollar, both struggling to find significant momentum. As markets pause, let's delve into the key movements that shaped the forex landscape. Market Insights: US Dollar and Major Currencies: The US Dollar persisted...

Post-FOMC: US Dollar and EUR/USD Dynamics – Insights and Market Outlook

The start of the new trading week saw a challenging period for the US dollar as it experienced weakness across various currency pairs. The recent FOMC minutes didn't bring much excitement to the market after the recent inflation print, resulting in a rather subdued reaction. The data...

Weekly Report (November 13th – 17th 2023)

It seems like last week was a roller coaster, especially with the US economic data that didn't quite meet expectations. The CPI report, although a slight miss, prompted a strong market reaction. Now, there's a significant shift in expectations: Fed rate hikes aren't factored in anymore, and...

Sterling Steady Following UK Wage Data; Focus Shifts to U.S. Inflation

In the currency markets, the pound exhibited a steady performance on Tuesday as traders awaited crucial U.S. inflation data, seen as a key factor influencing the short-term trajectory of the dollar against other currencies. Earlier in the day, UK data revealed that the growth of workers' wages in...

Factors Affecting the AUD/USD Exchange Rate: An Analysis

The AUD/USD exchange rate is intricately influenced by a spectrum of factors, with recent developments adding an extra layer of significance. Let's delve into the key elements shaping the dynamics of the AUD/USD currency pair: 1. Interest Rates: The interest rate differential between Australia and the United States remains...

Weekly Forex Analysis: Navigating the Markets (November 6th – 10th, 2023)

In the week spanning November 6th to 10th, 2023, the global financial markets experienced continued momentum from the previous week. This period witnessed a broad extension of the earlier moves, characterized by a rally in risk assets, potentially fueled by short covering, while yields sought to establish...