forex for beginners
-
![]()
United States S&P Global Services PMI came in at 54.9 below forecasts (55.1) in MayUnited States S&P Global Services PMI came in at 54.9 below forecasts (55.1) in May
-
![]()
United States S&P Global Composite PMI below expectations (54.5) in May: Actual (54.3)United States S&P Global Composite PMI below expectations (54.5) in May: Actual (54.3)
-
![]()
EUR/GBP recovers further from YTD low set last week, climbs to 0.8630 regionThe EUR/GBP cross gains positive traction for the second successive day on Monday and recovers further from a fresh YTD low, around the 0.8565 region
-
![]()
Gold Price Forecast: XAU/USD attempts recovery from $1,940 ahead of US Services PMIGold price (XAU/USD) has defended its downside after a fresh four-day low around $1,940.00 in the New York session. The precious metal is expected to
-
![]()
AUD/USD holds steady near daily peak, around 0.6600 ahead of US ISM Services PMIThe AUD/USD pair attracts some dip-buying near the 0.6580 area and climbs to the top end of its intraday trading range during the early North American
-
![]()
Lagarde speech: No clear evidence that underlying inflation has peakedWhile speaking at the Hearing before the Committee on Economic and Monetary Affairs (ECON) of the European Parliament in Brussels, European Central Ba
-
![]()
USD/CAD continues to remain sideways around 1.3450 as focus shifts to BoC policyThe USD/CAD pair is consistently showing back-and-forth action around 1.3430 in the early New York session. The Loonie asset is struggling to deliver
-
![]()
June Flashlight for the FOMC Blackout PeriodTo Hike or Not to Hike, That Is the Question Summary After raising rates by 500 bps since March 2022, the FOMC signaled at the conclusion of its...
-
![]()
Euro Extends Losses After Sizzling Nonfarm PayrollsECB’s Lagarde hints at further rate hikes US nonfarm payrolls surges to 339,000 US unemployment rises to 3.7% The euro has extended its losses on...
-
![]()
US: ISM Shows Services Sector Growth Slowed in MayThe ISM Services PMI index pulled back to 50.3 in May from 51.9 in April. This falls well short of the 52.4 percent reading consensus was...
-
![]()
ECB Lagarde: No clear evidence underlying inflation has peakedChristine Lagarde, President of ECB, acknowledged the persistence of robust price pressures in her recent speech. She pointed out that both...
-
![]()
US ISM services dropped to 50.3, corresponds to 0.2% annualized GDP growthUS ISM Services PMI dropped from 51.9 to 50.3 in May, below expectation of 52.6. Looking at some details, business activity/production dropped...
-
![]()
Euro Soft on Poor Investor Confidence, Aussie Range Bound ahead of RBAEuro is experiencing some selling pressure today, brought on by discouraging investor confidence data, with other European currencies also showing...
-
![]()
ECB's Lagarde: No clear evidence that underlying inflation has peakedPrice pressures remain strong Underlying inflationary pressures remain high Wages pressures have strengthened further Decisions will continue...
-
![]()
The major US stock indices are trading marginally higher to start the new trading weekThe major US stock indices are trading marginally higher to start the trading week. A snapshot of the market 7 minutes into the open and showing:...
-
![]()
GBPUSD sellers take more and more control in trading todayThe GBPUSD has moved lower in trading today. The early catalyst was getting below its 100 hour moving average (blue line in the chart below)....
-
![]()
EURUSD falls helped by weaker ISM services data todayThe EURUSD is moving to a new session low in early US trading. The pair is being helped by weaker ISM services data today (and perhaps better...
-
![]()
US May employment trends 116.15 vs 116.18 priorPrior was 116.18 This article was written by Adam Button at www.forexlive.com.
-
![]()
US April factory orders 0.4% versus 0.8% expectedPrior +0.4% (was revised from 0.9% in the preliminary). Revised to +0.6% Factory orders April 0.4% vs 0.8% expected Factory orders Ex...
-
![]()
US ISM May services index 50.3 vs 52.2 expectedPrior was 51.9 employment index 49.2 versus 50.8 prior new orders index 52.9 versus 56.1 expected prices paid index 56.2 versus 59.6 prior...
-
![]()
S&P Global final May US services PMI 54.9 vs 55.1 prelimFourth consecutive increase Best services reading in 13 months Prelim was 55.1 Prior was 53.6 Composite PMI 54.3 vs 54.5 prelim Prior...
-
![]()
US equities are looking lifeless to start the weekS&P 500 futures are up 3 points, or 0.08%, to 4291 in a market that appears to be in wait-and-see mode ahead of the ISM services data at the...
-
![]()
Saudis are fed up with OPEC members not meeting oil output goals - reportThe Saudis are fed up with OPEC members not meeting output goals, according to a Bloomberg report. The Saudi Energy Minister reportedly told Al...
-
![]()
ISM services survey highlights Monday's US economic calendarThe new week kicked off with a bang as OPEC+ delivered cuts through 2024 and Saudi Arabia pledged to lower production by 1m bpd in July, and maybe...
-
![]()
Forecast for a +25bp RBA cash rate increase due to "ongoing inflation and wages concerns"A forecast for the Reserve Bank of Australia monetary policy decision due Tuesday, 6 June 2023 at 2.30pm local time 0430 GMT and 1230 US Eastern...
Top Articles
-
![]()
Canadian CPI Preview: Forecasts from five major banks, inflation likely to ease againStatistics Canada will release April Consumer Price Index (CPI) data on Tuesday, May 16 at 12:30 and as we get closer to the release time, here are th
-
![]()
USD Index gives away gains and drops to 101.40 on soft CPIThe greenback sets aside two daily gains in a row and returns to the 101.40/30 band when tracked by the USD Index (DXY) on Wednesday. USD Index appear
-
![]()
AUDUSD falls back below the 200 day MAThe AUDUSD fell sharply today after an initial move higher found will sellers vs the 100 day MA. The subsequent fall has now taken the price below...
-
![]()
AUD/JPY Technical: Potential Push Up Within a Major RangeTwo conflicting fundamental factors are driving the short-term movement of the Aussie dollar. RBA’s hawkish rhetoric has provided a potential...
-
![]()
-
![]()
Exploring the Surging Interest of Retail Investors in Cryptocurrency in 20232023 has seen a striking increase in interest from retail investors as a result of cryptocurrency's ability to draw in investors from all around...
-
![]()
AUD/USD slides amidst US economic resilience, weaker Chinese dataAUD/USD retraces from daily highs of 0.6709 and drops 0.62% after a slew of economic data from the United States (US) showed that the economy remains
-
![]()
Gold Prices Tepid Despite Lower Yields Post-CPI. Is the Bullish Case Over?Gold prices retreat despite falling U.S. Treasury yields following softer-than-expected U.S. inflation data, but the fundamental outlook remains...
-
![]()
FX Majors Weekly Outlook (15-19 May)UPCOMING EVENTS: Tuesday: UK Labour Market, US Retail Sales, Canada CPI. Thursday: Australian Labour Market, US Jobless Claims. Friday: Fed...
-
![]()
CAD board chairman announces resignationLou Svetlik’s resignation could be accepted following a discussion between CAD board members, Chief Appraiser Keri Wickliffe said. The board...