Tag: Forex trading strategies

Fed Rate Cuts Begin: Forexlive Americas FX News Wrap 18 SepThe Federal Reserve Bank kicked off the easing cycle with a significant cut of 50 basis points, marking a shift in policy stance away...

Key Economic Data Report for Forex TradersIn the ever-evolving world of forex trading, staying informed about economic data releases is crucial for making informed decisions. The Eco Data Report for September 18, 2024, provides...

Anticipating Larger Fed Rate Cut Impact on USDLast week, there was a significant buzz in the financial markets as WSJ's Timiraos hinted at the possibility of a 50 basis points (bps) interest rate cut...

Technical Analysis and TrendsThe Australian dollar to US dollar (AUD/USD) pair experienced a slight decline last week, reaching a low of 0.6621 before finding support at the 38.2% retracement level of 0.6348 to 0.6823...

FOMC Rate Decision: Dominant Focus Next WeekNext week promises to be a significant one for financial markets as the Federal Open Market Committee (FOMC) is set to announce its decision on the federal funds...

China Data Impact on AUD/USD Exchange RateThe Australian dollar (AUD/USD) has been experiencing some signs of improvement despite recent challenges in the market. Iron ore prices have hit 22-month lows, and global market conditions...

European FX Market Overview The European Forex market has seen a mixed but overall positive trend in recent developments. With various economic indicators and events impacting currency movements, traders are closely monitoring the situation for...

Weekly Market Forecast: 2nd - 6th SeptemberThe upcoming week is set to be a busy one for traders and investors, with a slew of economic events and data releases scheduled to take place. From...

US Dollar Strengthens Ahead of Nvidia EarningsThe US dollar showed strength in the forex markets as investors awaited the highly anticipated Nvidia earnings report. This surge in the dollar was influenced by a variety...

AUD/USD Forecast: Australian CPI Boosts Aussie But Gains StruggleThe AUD/USD pair reached a new 8-month high during the Asian session on Wednesday, fueled by stronger than expected Australian July CPI data. The currency pair...