Forex Blog
Forex Analysis: 8 April 2024 Gold, USD & Stocks Update
Forex and Stock Market Update Currency Sector Insights: Upcoming Attractions: Spotlight on Gold, US Dollar, Euro, and Pound Sterling ahead of key financial events. This Week's Major Events: Anticipation builds for US CPI data, central bank decisions from Canada, New...
Forex Analysis: 5th April 2024 Currency & Stock Updates
Forex and Stock Market Update Currency Trends: EUR/USD and Oil on the Verge of a Breakout: Eyes are on the EUR/USD and oil (WTI futures) for a potential surge beyond Fibonacci resistance levels, signaling bullish momentum. The Art of Breakout Trading: This strategy...
Forex Analysis: 3 April 2024 Forex & Stocks Updates
Forex and Financial Market Update Currency Insights: US Dollar Dynamics: The U.S. dollar experienced a minor dip (-0.2% to 104.75), stepping back from its recent five-month peak amidst global yield fluctuations surpassing those of U.S. treasuries. Economic Event...
Forex Analysis: 27 March 2024 FX, Nasdaq and Crypto Insights
Forex & Shares Market Analysis 27 March 2024 Currency Sector Update: US Dollar Trends: The US dollar is exhibiting a steady pattern, with slight fluctuations influenced by mixed Treasury yields and a cautious market atmosphere. Event Watch: Traders are in a...
Forex Analysis: 26 March 2024 Shares, Forex & Bitcoin
26 March 2024 Forex Analysis Currency Insights: GBP/USD Developments: The British Pound edged slightly over 1.26 against the US Dollar, spurred by expectations of Federal Reserve interest rate cuts in June. Market Expectations: Investor confidence in an imminent...
Forex Analysis: 15 Mar 2024 Currency & Stock Updates
Forex and Stock Market Analysis Update Currency Insights: British Pound Watch: Current analysis zooms in on the GBP's sentiment, examining GBP/USD, GBP/JPY, and EUR/GBP for trading cues. Dollar's Surge Linked to Treasury Yields: A surprising rise in February's...
Forex Analysis: 14 Mar 2024 Forex & Shares Updates
14 March 2024 Forex Analysis Currency Sector Overview: ECB Rate Cut Proposal: Yannis Stournaras, head of the Greek central bank, calls for two rate cuts by the ECB before summer to bolster the economy, noting that the full impact of previous tightening measures has...
Forex Analysis: 13 Mar 2024 Gold and Stock Updates
Forex Market Analysis - 13 Mar 2024 Currency Insights: Gold and Silver Markets: Retail trader data reveals a net-short bias in gold, suggesting potential for price increases, while silver's overwhelming bullish sentiment may lead to price corrections. The significant...
Forex Analysis: 12 Mar 2024 Currency & Shares
Forex and Stock Market Analysis Update Currency Insights: US Inflation and Its Ripple Effects: The forthcoming CPI data release by the U.S. Bureau of Labor Statistics on March 12, 2024, is poised to be a pivotal moment for investors and the Federal Reserve's policy...
Forex Analysis: 8 Mar 2024 Forex & Shares Updates
Forex & Stock Market Analysis 8 Mar 2024 Currency Insights: US Dollar Awaits Employment Report: The forthcoming U.S. employment data will play a crucial role in determining the direction of the U.S. dollar, impacting trading strategies for major pairs such as...
Forex Analysis: 7 Mar 2024 Euro & Stock Markets Updates
Forex Markets Analysis: 7 Mar 2024 Currency Market Insights: Euro's Prospects Tied to ECB's Next Moves: The future direction of the Euro closely follows the European Central Bank's (ECB) forthcoming decisions, with a keen eye on EUR/USD, EUR/GBP, and EUR/JPY pair...
Forex Analysis: 6 Mar 2024 A look at Forex and Stock Markets
Forex & Markets Update 6 March 2024 Currency Insights: Inflation and Wage Dynamics: Observations point to rising inflation and wage pressures in Japan, hinting at potential shifts in monetary policy. USD/JPY Outlook: There appears to be limited room for USD/JPY's...
Forex Analysis: 5 Mar 2024 Stock, Forex & Crypto Updates
Forex Insights: 5 Mar 2024 Currency Sector Overview: US Dollar Awaits Decisive Moments: The US dollar's trajectory remains uncertain as key domestic events loom, potentially influencing its direction. Anticipation Surrounds Federal Reserve Chair: Jerome Powell's...
Forex Analysis: 4 Mar 2024 Currency & Shares Updates
Forex Market Update 4 Mar 2024 This Week's Overview: Monday Insights: A quiet start with no significant economic announcements. Key earnings reports include Gitlab (GTLB), Stitch Fix (SFIX), and ThredUp (TDUP). Currency Market Highlights: Gold's Potential Shift: With...
Forex Analysis: 1 March 2024 Stock Market Updates
Forex Market Insights 1 March 2024 Currencies Overview: Gold Prices Reach New Highs: Gold prices soared beyond the $2,040 threshold on Thursday, marking the highest level since early February. This surge was somewhat moderated by a robust U.S. dollar. Influencing...
A Guide for 2024 Best Forex Brokers in Hong Kong
Selecting The Best Forex Brokers in Hong Kong Forex trading in Hong Kong has surged in popularity, offering local traders access to the global currency markets. With the growing number of brokers catering to the Hong Kong market, selecting the right platform is...
Forex Analysis: 29 Feb 2024 Forex Markets Updates
LATEST FOREX UPDATES 29 Feb 2024 Currency Insights: Overview: The U.S. dollar experienced slight gains, tempered by subdued U.S. Treasury yields, signaling investor caution. Anticipation for Inflation Data: The market's focus turns to the upcoming core PCE deflator...
Forex Analysis: 28 Feb 2024 Market Updates
Forex Insights 28 Feb 2024 Currency Market Update: Key Takeaways: The US dollar presents a mixed outlook as markets await crucial domestic data releases. Focus shifts to the upcoming Core PCE data on Thursday, poised to impact investor sentiment. In-depth analysis of...
Forex Analysis: 27 Feb 2024 Forex, Shares & Crypto Updates
Forex Analysis: 27 Feb 2024 NVIDIA & CRYPTO Currency Insights: Nvidia's optimistic outlook for Q1 2024 has significantly boosted market confidence, driving the S&P 500 and the Japanese index to unprecedented highs—the latter reaching its peak for the first...
Forex Analysis: 26 Feb 2024 Forex Market Forecast
Forex Market Analysis 26 Feb 2024 CURRENCIES: Market Movements and Forecasts: Nvidia's optimistic forecast for Q1 2024 sparked market confidence, driving the S&P 500 to new heights and pushing the Japanese index to a peak not seen in 34 years. Amidst a buoyant...
Forex Analysis: 23 Feb 2024 U.S. Dollar and Core PCE Data
Forex Markets Analys: 23 Feb 2024 The U.S. dollar maintains its robust upward trajectory, impacting currency pairs such as EUR/USD, GBP/USD, and influencing gold prices. Diego Colman, Contributing Strategist, sheds light on these trends in his analysis dated February...