forex for beginners
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Eurozone June Sentix investor confidence -17.0 vs -15.1 expectedPrior -13.1 Euro area investor morale darkens, dragged down by negative expectations for Germany. This won't do much to quell recession fears,...
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Pink Moon Studios Reveals 'KMON: World of Kogaea' Pioneering a New Era in Web3 GamingPink Moon Studios, a leading innovator in the Web3 gaming industry, is thrilled to announce the launch of their latest sensation, "KMON: World of...
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Gold runs into another test of key support to start the weekA stronger dollar and higher yields have sent gold bugs reeling since the end of last week and the pressure is continuing today. The drop today...
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DPAT Raises Private Funding To Enhance Web3.0 EcosystemDPAT, the first Web3 crowdsourcing platform designed to connect investors with real estate and infrastructure opportunities in major African...
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SNB total sight deposits w.e. 2 June CHF 519.0 bn vs CHF 516.7 bn priorDomestic sight deposits CHF 504.5 bn vs CHF 505.2 bn prior This article was written by Justin Low at www.forexlive.com.
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Eurozone May final services PMI 55.1 vs 55.9 prelimPrior 56.2 Composite PMI 52.8 vs 53.3 prelim Prior 54.1 The lower revision was already predicated by the earlier readings. All of this just...
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Germany May final services PMI 57.2 vs 57.8 prelimPrior 56.0 Composite PMI 53.9 vs 54.3 prelim Prior 54.2 The slight revisions lower aren't anything much as the German services sector...
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France May final services PMI 52.5 vs 52.8 prelimPrior 54.6 Composite PMI 51.2 vs 51.4 prelim Prior 52.4 A slight revision lower to the initial estimates but it still shows a slowdown in...
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Italy May services PMI 54.0 vs 57.0 expectedPrior 57.6 Composite PMI 52.0 vs 54.0 expected Prior 55.3 Despite the miss on estimates, Italy's services sector continues to reflect modest...
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Market Outlook for the Week of 5-9 JuneNext week is anticipated to be relatively calm, although there are several significant economic events that warrant attention. The week kicks off...
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Higher yields helping to underpin the dollar again in the new weekThe bond market was the one dictating the mood among major currencies at the end of last week. And that narrative is continuing today as well....
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Spain May services PMI 56.7 vs 56.9 expectedPrior 57.9 The expansion in Spain's services sector remains robust, even if it is a slight moderation to April activity. The more favourable...
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FX MAJORS WEEKLY OUTLOOK (05-09 JUNE)UPCOMING EVENTS: Monday: US ISM Services PMI. Tuesday: RBA Policy Announcement. Wednesday: BoC Policy Announcement. Thursday: US Jobless...
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Switzerland May CPI +2.2% vs +2.2% y/y expectedPrior +2.6% Core CPI +1.9% y/y Prior +2.2% The good news here is that both headline and core annual inflation are seen falling last month,...
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USD/JPY Forecast: Continues to See Buyers Against Yen - 05 June 2023The USD/JPY exhibited a modest rally during Friday's trading session, driven by the Non-Farm Payroll announcement.
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AUD/USD Forecast: Reaches Resistance - 05 June 2023During the Friday trading session, the AUD/USD rallied noticeably, exceeding the 0.66 level quickly.
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Silver Forecast: Trying to Find its Footing - 05 June 2023The silver market initially rallied during the Friday trading session, hitting the 50-Day Exponential Moving Average early in the session.
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GBP/JPY Forecast: Continues to Rally Against the Yen - 05 June 2023The GBP/JPY demonstrated a remarkable rally against the Japanese yen during Friday's trading session.
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USD/MXN: Battle near Lows as Long-Term Considerations Brew - 05 June 2023The USD/MXN is trading near the 17.57000 value of this morning with its typical fast-paced results being demonstrated.
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NASDAQ 100 Signal: Continues to See Impulsive Move Higher - 05 June 2023The NASDAQ 100 rallied significantly during the trading session on Friday after the better-than-anticipated jobs number coming out of the United...
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USD/ZAR: Swift Price Action Creating More Speculative Drama - 05 June 2023The USD/ZAR has produced plenty of speculative drama in the past week.
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Gold Forecast: Uncertainty in the Gold Market - 05 June 2023The gold futures market began with an initial attempt to break above the $2000 mark, only to reverse direction and demonstrate negative tendencies.
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S&P 500 Forecast: Index Rallies After NFP - 05 June 2023One of the unique aspects of the Non-Farm Payroll announcement day is its inevitable interpretation variability by traders.
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BTC/USD Forex Signal: Falling Within Wide Bearish Price Channel - 05 June 2023The price remains within a wide descending price channel, although it is lower, so is not close to either trend line.
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Oil Forecast: Markets Rally into The Weekend - 05 June 2023West Texas Intermediate (WTI) crude oil exhibited a significant rally during the Friday trading session, inching closer to the significant $72 level.
Top Articles
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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
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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
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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...
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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...
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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...
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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
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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...
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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...
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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...