Insider’s Guide: How to Read Forex Charts like a Pro! The foreign exchange market, or Forex, is the world’s largest financial market where currencies are traded against each other. It is crucial for traders and investors to understand how to read Forex charts, as they provide valuable insights into the market’s movements and trends. These…
The financial markets are a constantly evolving landscape, with myriad factors influencing its movements. This week, several key updates are expected which could have a significant impact on the markets. Key Updates Inflation, Jobs, and Home Prices in the U.S.: Investopedia reports that there will be several key updates on inflation, jobs, and home prices…
The Federal Reserve’s latest minutes reveal a notable shift in monetary policy amid modest economic growth and persistent inflation. In this article, we explore the key takeaways from the Federal Reserve’s decision to raise the federal funds rate, their response to Russia’s war against Ukraine, and their plans for managing inflation. Robust Job Gains and…
Introduction In the constantly evolving world of finance, investors and market enthusiasts always have their eyes set on the economic calendar. It’s a critical tool that highlights significant events that might influence market movements. Here’s a comprehensive overview of what to expect from the economic calendar for the week of August 13 to August…
Have you ever felt the weight of change in the price of your daily commodities? Well, that’s inflation at play. Today, we’re diving deep into the CPI announcement, and the ripples it’s sent across interest rates. Understanding CPI’s Rise July witnessed the Consumer Price Index (CPI) rising by 3.2% from its position a year ago.…
Markets are fickle entities, ever-evolving and always ready to surprise. But with the right foresight and data, one can craft an informed strategy. As you ponder what to look for in the markets tomorrow, consider the insights shared from various sources. Stock Market Gains and Their Sustainability After witnessing a fairly steady run in…
Key Performance of Major Currencies At the onset of the week, the NZD/USD demonstrated minimal gains, just above its kickoff price of approximately 0.6095. This follows the USD’s recovery after a notable sell-off observed post Nonfarm Payrolls (NFP) on the preceding Friday. Although markets have been evaluating the recent job reports from the US,…
As the global marketplace for gold keeps evolving, it’s essential to stay updated on the latest news. Here are the crucial updates on the gold market for June 27, 2023. Market Analysis One of the notable analytical tools for active intra-day gold futures traders and market watchers is the 5-minute bar chart for Comex gold…
Crude Oil Stabilizes: A Positive Week Ahead 1. Introduction 1.1 Brief Overview The rollercoaster journey of crude oil prices has seen a stabilizing trend recently. After sharp gains from the previous session, prices are projected to break a two-week losing streak, bringing optimism to stakeholders in the industry.(source) 1.2 Context of the Situation The…
In this upcoming week, the global economy is poised at a pivotal juncture, influenced by a variety of major economic events. From a potential U.S. debt ceiling deal to China’s PMI data release, the dynamics of global financial markets are set for a shift. In this article, we delve into the top five news to…