Phyllis Wangui is a Financial News Editor with extensive knowledge of the forex, stock news, stock market, forex analysis, cryptos and foreign exchange industries.Phyllis is an avid commentator on these topics and loves to share her insights with others through financial publications and social media platforms.
If you’re trading EUR/USD, you’ve likely heard about ‘pip value’—a fundamental concept that affects every trade you make. But have you ever stopped to ponder how tiny fluctuations can impact your trading strategy? Each pip movement in EUR/USD, while seemingly… Read More »Understanding EURUSD PIP Value Simplified
In August, the inflation gauge closely monitored by the Federal Reserve, the Personal Consumption Expenditures (PCE) price index, displayed a slower increase than anticipated. It recorded a modest 0.1% rise for the month, bringing the annual inflation rate down to… Read More »Fed’s Key PCE Index Shows Slower Growth
The Bureau of Economic Analysis (BEA) is scheduled to release the latest data on the Personal Consumption Expenditures (PCE) Price Index (PCE Price Index), which serves as the Federal Reserve’s preferred metric for gauging inflation. This report, although reflecting data… Read More »Traders Expectations Ahead of PCE Price Index
Fed Chair Powell is anticipated to discuss last week’s rate cut in his upcoming remarks. Additionally, the PCE Price Index is scheduled for release on Friday. As a key measure of inflation, the PCE Price Index offers a comprehensive view… Read More »Markets Dynamics Ahead of Powell Speech and PCE Price Index
The AUDUSD has surged to a new nine-month pinnacle, reaching 0.6870 following the Reserve Bank of Australia’s (RBA) latest policy decisions. This shift reflects the currency’s strength amid global economic fluctuations, particularly in contrast to the US Dollar. RBA Holds… Read More »AUDUSD Climbs After RBA Rate Decision, FOCUS CPI
As we approach another dynamic week market outlook in the financial markets, pivotal economic data releases, central bank policies, and geopolitical tensions are set to play crucial roles in shaping market movements. Traders must remain vigilant and well-informed to navigate… Read More »Market Outlook: PMIs, Powell Speech and PCE Price Index
In a pivotal move, the Bank of Japan (BOJ) is cautiously navigating its shift away from a prolonged period of ultra-easy monetary policy. This transition aims to stabilize Japan’s economic recovery without introducing new challenges. Bank of Japan’s Economic Outlook… Read More »Bank of Japan Keeps Rates Steady
In a significant market movement, Bitcoin vaulted beyond the $63,000 mark following the U.S. Federal Reserve’s decision to cut interest rates by 50 basis points on Wednesday. Such reductions in borrowing costs typically serve as bullish signals for risk assets,… Read More »Bitcoin Surges Past $63K Amid the Fed Rate Cut
In a significant policy shift, the Federal Reserve reduced its Fed Fund Target Range (FFTR) by 50 basis points to a range of 4.75%-5.00%. This decision, made during the central bank’s meeting on Wednesday, marks the first rate cut since… Read More »Fed Cuts Interest Rates Amidst Economic Concerns
In a highly anticipated move, the FOMC is set to make a critical announcement at the conclusion of its September 17-18 meeting. Market watchers are bracing for a potential 25-basis-point reduction in interest rates, a move that, if realized, would… Read More »The FOMC Pivotal Interest Rate Decision: Market Reactions