Tag: Economy

The AUD/USD pair started the week on a stable note, trading around 0.6590 after experiencing a notable drop last Friday due to concerns about China's economic stimulus measures. Investors were left wanting more details...

The New Zealand dollar is holding steady despite recent fluctuations. In the latest trading session, NZD/USD is at 0.5967, showing a slight increase of 0.07%. Last Friday, the New Zealand dollar experienced a significant...

On Monday, 11th November 2024, the FX option expiries analysis shows only one significant level to watch out for: EUR/USD at the 1.0700 level. Last week, the daily lows were supported by this level,...

The EUR/CHF pair's daily forecast indicates that the intraday bias remains neutral as it is currently within a converging triangle. If the pair breaks below 0.9331, it could target the 0.9305 support level initially,...

The Bank of Japan recently released a summary of their October meeting, sparking a debate on the timing of a potential rate hike. According to Reuters, the Summary revealed that there is a division...

Next week is packed with important economic events that could impact the global markets. On Monday, the Bank of Japan will release its Summary of Opinions. Tuesday will bring key reports including the UK...

Last week, the global financial markets experienced significant volatility due to the US presidential election. Surprisingly, Donald Trump emerged as the winner, leading to optimism in US equity markets and record highs for major...

The US stock markets saw significant gains this week, with the Russell 2000 index experiencing its largest weekly increase since 2000. This surge in stock prices was fueled by a variety of factors, including...

EUR/GBP has recently broken through the key level of 0.8294, indicating a resumption of the larger downtrend. This week, the focus remains on the downside with the initial target set at 0.8242, which is...

Foreign exchange trading is a risky endeavor that may not be suitable for everyone. It is important to be aware of the high level of risk involved, especially when using leverage. Before diving into...