by Eddie Tan | Mar 26, 2024 | Forex Analysis
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...
by Eddie Tan | Mar 15, 2024 | Forex Analysis
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...
by Eddie Tan | Mar 14, 2024 | Forex Analysis
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...
by Eddie Tan | Mar 13, 2024 | Forex Analysis
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...
by Eddie Tan | Mar 12, 2024 | Forex Analysis
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...
by Eddie Tan | Mar 8, 2024 | Forex Analysis
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...