by Eddie Tan | Aug 6, 2024 | Forex Analysis
Current Forex Market Trends: August 2024 EUR/USD Analysis The EUR/USD pair has shown mixed performance this month. The European Central Bank (ECB) recently announced that they would keep interest rates unchanged, which has impacted the euro. Traders are now focusing...
by Eddie Tan | Jun 11, 2024 | Forex Analysis
Forex Market Analysis 11 June 2024 CURRENCIES: Key Highlights: Fed and BoJ Rate Decisions: Both the Federal Reserve (Fed) and the Bank of Japan (BoJ) are expected to keep interest rates unchanged. Market focus will be on their commentary and economic projections....
by Eddie Tan | Jun 6, 2024 | Forex Analysis
Forex Analysis 6 June 2024 CURRENCIES: Strong ISM Services Data: The latest ISM Services report surpassed market expectations, highlighting robust US business activity. Key Takeaways: Higher business activity and growth in new orders. Slower supplier deliveries....
by Eddie Tan | Jun 3, 2024 | Forex Analysis
Forex Markets Analysis 3 June 2024 CURRENCIES: Key Events and Predictions ECB Rate Decision: The European Central Bank (ECB) is expected to cut interest rates by 25 basis points on Thursday. Markets speculate the next cut may occur on either September 12th or more...
by Eddie Tan | May 31, 2024 | Forex Analysis
Forex Markets Analysis 30 May 2024 CURRENCIES: Key Highlights: Contrarian Trading Strategies: Trading based on crowd psychology often leads to significant opportunities. Contrarian trading involves going against dominant market sentiment to capitalize on potential...
by Eddie Tan | May 20, 2024 | Forex Analysis
Forex Markets Analysis 20 May 2024 Currencies: Last week saw significant movements in the forex markets, driven by key economic developments: U.S. Dollar: The Dollar Index (DXY) fell sharply following softer-than-expected consumer price index (CPI) figures,...
