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Forex News

Weekly Report (July 22nd – 26th, 2024)

Last week’s focus was on equity indices, looking for signs of stabilization following the previous week’s strong sell-off. Global economic data remains mixed, and...

Weekly Report (June 17th – 21st, 2024)

Another lively week came to a close, with some of the main trends from recent months continuing. Equity markets moved higher but are starting...

Dangerous Trading Methods in Forex Trading

Forex trading can be a lucrative endeavor, but it also carries significant risks. Some trading methods, if not managed properly, can be particularly dangerous...

Why It Is Easier to Lose Than Win in Forex Trading

Forex trading is often portrayed as a fast track to financial freedom, but the reality is that the majority of traders end up losing...

Bitcoin’s Upward Trend Breaks, Prices Target Support at $26,444 USD Following Resistance at $32,500 USD

Bitcoin, the pioneer cryptocurrency, has encountered a significant shift in its price trajectory, as it broke away from its recent upward trend. After being...

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...

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...

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