Blogs

'Booster' From Powell, BTC Breaks $43K FOMC Time!

Forex

<p>&nbsp;"Hmm, maybe the price can reach back to $44K before the end of December?"</p><p><br /></p><p>After hovering below $42,000, the price of the cryptocurrency king Bitcoin (BTC) finally managed to peak again up to $43,464 when the Federal Open Market Committee (FOMC) meeting early this morning

EUR/USD Breaks $1.0800, Spikes 100 Pips After FOMC!

Forex

<p>&nbsp;After waiting for clues since last week, investors are finally getting a clearer direction for the current price movement in the market.</p><p><br /></p><p>The US dollar is now showing a significant decline due to the reaction to the results of the last FOMC meeting of 2023 early this morning.</p&

Thank you FOMC! Ringgit wakes up from slumber

Forex

<p>&nbsp;This morning, the ringgit opened slightly higher against the US dollar after the index declined due to the results of the last policy meeting of the Federal Reserve (Fed), giving a clear signal about its monetary stance for next year.</p><p><br /></p><p>At 9 this morning, the ringgit rose to 4.6610/6

GBP/USD 'Bullish' After FOMC, BOE Meeting Awaits!

Forex

<p>&nbsp;A change in the price pattern was identified on the chart of the GBP/USD currency pair after the impact of the results of the FOMC meeting early this morning which saw a significant decline in the US dollar currency.</p><p><br /></p><p>Prices have jumped around 130 pips after the meeting and continue

Market Analysis: Powell's Speech Weakens USD

Forex

<img src="https://fxopen.com/blog/en/content/images/2023/12/sp500-2.jpg" alt="Market Analysis: Powell's Speech Weakens USD" /><p>Yesterday, the Federal Reserve published a unanimous decision to leave the base rate unchanged for the third time in a row, which coincided with the expectations of most market partici

Risk Management Insights for Traders

Forex

<img src="https://fxopen.com/blog/en/content/images/2023/12/main1412_03.jpg" alt="Risk Management Insights for Traders" /><p><strong>Title:</strong> Risk Management Insights for Traders | FXOpen<br><strong>Description:</strong> Find out why trading and risk management are closely linked.

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