Best 5 Things You’ll Learn Becoming a Successful Trader
Best 5 Things You’ll Learn Becoming a Successful Trader The exciting world of Forex trading offers tremendous opportunities for monetary success and personal growth. The quest to become a successful trader is indeed challenging, but with the right mindset, strategies, and tools, one can master the market complexities. This blog will delve into five crucial […]
How To Start Making A Profit with Forex Trading
How To Start Making A Profit with Forex Trading Forex trading has become increasingly popular, and numerous free resources are available to help you enhance your knowledge. These tools include eBooks, articles, videos, and webinars, each focusing on different aspects of Forex trading. Moreover, reliable brokers like XtreamForex offer comprehensive educational resources, making it easier […]
Upcoming Market Updates: JPY, EUR, USD, GBP
[vc_row full_width=”stretch_row”][vc_column][vc_column_text] Upcoming Market Updates: JPY, EUR, USD, GBP JPY: SPPI y/y, It’s a leading indicator of consumer inflation – when corporations pay more for services the higher costs are usually passed on to the consume. EUR: M3 Money Supply y/y, it measures Change in the total quantity of domestic currency in circulation and deposited […]
The AUD/USD is expected to fall further towards 0.7200 as China and the Fed join the Ukraine-Russia crisis
The AUD/USD is expected to fall further towards 0.7200 as China and the Fed join the Ukraine-Russia crisis As market sentiment deteriorates ahead of Monday’s European session, the AUD/USD reverts to an intraday low around 0.7250, down 0.48 percent on the day. The risk barometer validates the market’s recent pessimism, as well as its apprehension […]
EUR/USD seeks to break a four-week downtrend near 1.1000, with a focus on US data and Ukraine
EUR/USD seeks to break a four-week downtrend near 1.1000, with a focus on US data and Ukraine The EUR/USD is licking its wounds after the ECB while making its way to 1.1000, up 0.15 percent intraday during the mid-Asian session on Friday. The pair’s recent movements could be attributed to the market’s uncertainty about the […]
USD/JPY renews weekly lows below 114.00 as profits drop, BOJ Minute
USD/JPY renews weekly lows below 114.00 as profits drop, BOJ Minute USD/JPY remains down for the third day in a row, down 0.30% on the day around 113.85 when Tokyo opens on Friday. The yen pair depicts market risk aversion while tracking falling Treasury yields and equities. Concerns about a hawkish appearance by the US […]
Oil prices fell from 2014 peak, supply limited losses
Oil prices fell from 2014 peak, supply limited losses Oil prices corrected on Thursday after hitting their highest since 2014 in the previous session on strong demand and short-term supply disruptions, losses-limiting fundamentals, investors are locking in. word. Brent oil futures fell 72 cents, or 0.81%, to $87.72 a barrel, by 0152 GMT. The global […]
NZD/USD slides to over two week low, below mid0.6700s amid stronger USD/risk off
NZD/USD slides to over two week low, below mid0.6700s amid stronger USD/risk off The NZD/USD pair endured dropping floor via the early European consultation and dropped to over a two-week low, under mid-0.6700s within side the ultimate hour. The pair prolonged the preceding day`s retracement slide from the 0.6835-forty place and witnessed heavy promoting all […]
NZD/USD sellers attack 0.6800 as yields, New Zealand corona virus cases drop
NZD/USD sellers attack 0.6800 as yields, New Zealand corona virus cases drop NZD/USD maintained yesterday’s downtrend and dropped to 0.6800 during Wednesday’s Asian session. In doing so, the Kiwi pair discourages positive news regarding the coronavirus at home amid widespread pessimism about the virus. Stronger expectations of the Fed slated to raise rates in 2022 […]
Equity futures will rise slightly after the Dow has made profits for the fifth straight day
Equity futures will rise slightly after the Dow has made profits for the fifth straight day US stock futures rose on Tuesday evening after a mixed session as traders continued to evaluate the threat of Omicron’s Covid-19 options. Futures pegged to the Dow Jones Industrial Average rose 38 points, or 0.1%. S&P 500 futures rose […]
Dollar falls out of favor as Omicron exits volatile forex market
Dollar falls out of favor as Omicron exits volatile forex market The NSE 1.30 dollar fell again in early Asia on Wednesday, entering a third straight session under pressure, with investors favoring riskier currencies and assets. The New Zealand dollar edged up 0.8% on Tuesday, its best day since October, recovering almost a year from […]
XAU/USD hits $1,814 hurdle as Omicron weighs profits
XAU/USD hits $1,814 hurdle as Omicron weighs profits Gold (XAU/USD) shows slight gains around $1,810 on a dismal Monday morning. The yellow metal welcomed the weakening of the US dollar, as well as low Treasury yields to produce the latest gains around monthly highs, flashed on Dec. 17. That gives The US Dollar Index (DXY) […]
Steady earnings leave indexes higher in short-term break week
Steady earnings leave indexes higher in short-term break week Wall Street continued its recent streak on Thursday, ending a shortened holiday trading week with a major stock rally that propelled the S&P 500 index to all-time highs. The S&P 500 Index rose 0.6 percent, its third consecutive gain. The benchmark’s latest milestone marks its 68th […]
XAU/USD hangs at 100DMA ahead of US data
XAU/USD hangs at 100DMA ahead of US data Gold prices have remained steady so far in Asian trading on Wednesday, hovering around the daily moving average (DMA). The shiny metal lacks a clear direction, in the absence of a new catalyst, as attention now turns to US CB consumer confidence data for more impetus. Persistent […]
AUD/JPY remains important in 80.70S the risk-free market
AUD/JPY remains important in 80.70S the risk-free market AUD/JPY drops at the start of the week as risk-on risks continue to reverberate following Friday’s sell-off on Wall Street. At the time of this writing, AUD/JPY is down around 0.3% and sits between 80.73 and 81.04. 4,444 US stocks fell on Friday following news of the […]
The Fed is expected to take a huge step towards raising rates
The Fed is expected to take a huge step towards raising rates The Federal Reserve is, of course, expected to announce dramatic changes on Wednesday, which will pave the way for the first rate hike next year. The market expects the Fed to accelerate its bond purchase program and change its end date from June […]
XAU/USD bounces with USD 1,770 support and Fed is in focus
XAU/USD bounces with USD 1,770 support and Fed is in focus Gold (XAU/USD) is stable at around $ 1,772 and cannot recover from four months of support at the beginning of Wednesday. The price of the gold bar has fallen over the past two days amid growing concerns about a South African Covid variant known […]
XAU/USD rises within the integration area
XAU / USD rises within the integration area Gold (XAU/USD) has maintained its position on the Asian daily chart, where prices have risen since the last week of November. At the time of this writing, XAU/USD were trading at a rise of $ 1,778.54 and 0.18 after rising from a low of $ 1,775.31 […]