Thursday, May 16, 2024

Most Recent Articles by

Benjamin

Forex News: USD Loses Ground on Disappointing Non-Farm Employment Change Data

The US Dollar (USD) faced a setback in the forex market following the release of the disappointing Non-Farm Employment Change data. As the report...

Bank of England Hikes Interest Rates Amidst Growing Economic Concerns

In a move largely anticipated by the market, the Bank of England (BoE) decided to raise interest rates by 25 basis points. While consensus...

Bank of Japan Surprises Markets with a Shift Away From Easy Money

In an unexpected move, the Bank of Japan announced on Friday that it is loosening its grip on a benchmark government bond, signaling a...

US Treasury Yields Surge, Propelling the US Dollar Amid Economic Indicators

The US Treasury yields are on the rise, and the US dollar is basking in the glow of a strengthening economy. Recent events, including...

Trading Gold in the Forex Market: A Precious Opportunity

Gold has been a symbol of wealth and prosperity throughout human history, and in the modern financial world, it continues to be a valuable...

AUDUSD Breaks Key Support Level, Bearish Sentiment Prevails

The Australian Dollar to US Dollar (AUDUSD) currency pair has recently witnessed a significant development on its daily chart, signaling a shift in market...

Hedge Fund Trading: Unveiling the Strategies and Advantages

In the world of finance, hedge funds stand out as powerful and sophisticated investment vehicles, catering to high-net-worth individuals and institutional investors. These funds...

The Importance of Trading Time Zones to Forex Traders

As the sun sets on one part of the world, it rises in another, and with it comes the opening and closing of various...

How to Calculate Stop Loss in Forex Based on Account Size and Pips Distance

When trading forex, one of the most important risk management practices is setting a proper stop loss. A stop loss helps protect your trading...

Understanding Forex Market Analysis: Fundamental vs. Technical Analysis

Forex trading is a dynamic and complex financial market where currencies are bought and sold. To make informed trading decisions, traders rely on different...

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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...