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.
On the calendar today, all eyes are on the forthcoming Consumer Price Index (CPI) report, slated for release on October 10, 2024. This report is anticipated to show a slight 0.1% uptick in headline inflation for September, with core inflation—excluding… Read More »CPI Inflation: Implications for Markets
Today, the Federal Reserve is set to release the minutes from the September FOMC meeting at 2 PM Eastern Time, providing crucial insights into the decision to reduce interest rates by 50 basis points. This FOMC minutes release is highly… Read More »FOMC Meeting Minutes Today: Key Insights Awaited
Today, the Reserve Bank of Australia (RBA) released its latest minutes, shedding light on their monetary policy discussions. A key highlight is their continued focus on monitoring inflation, which is crucial for ensuring stable prices and sustainable economic growth. Inflation… Read More »RBA Focused On Closely Watching Inflation
This week, the focus will be on the FOMC meeting and US CPI data releases, both of which promise to provide fresh insights into the economic landscape and guide future monetary policy decisions. In this blog post, we will provide… Read More »Market Outlook: In Focus FOMC Minutes and US CPI Data Releases
In September, nonfarm payroll employment saw a notable increase, with 254,000 new jobs added, according to the latest report from the U.S. Bureau of Labor Statistics. The unemployment rate experienced a slight decrease, settling at 4.1%. Notably, revisions for July… Read More »Better-than-expected Nonfarm Payroll Growth Boosts Dollar
As the market eagerly anticipates the release of the Non-Farm Payrolls Report, investor sentiment is abuzz with speculation on its potential impact. This pivotal economic indicator, which reveals crucial insights into employment trends in the United States, often sets the… Read More »Market Expectations Ahead of Non-Farm Payrolls Report
The US job market is currently experiencing a paradoxical shift, marked by contrasting trends that paint a complex economic picture. On one hand, the latest data from the Bureau of Labor Statistics reveals a cooling off, with fewer workers opting… Read More »Signs of a Cooling Job Market After JOLTS Report Release
Welcome to our comprehensive Forex Market Update, your go-to resource for the latest trends and key events affecting major currency pairs. This week, we’ll cover essential updates across EUR/USD, GBP/JPY, XAU/USD, AUD/USD, and USD/JPY. Whether you’re a seasoned trader or… Read More »Market Outlook: In Focus Powell Speech, JOLTS and Non-farm Payrolls
When you’re trading GBPUSD, one of the first things you’ll need to grasp is how the GBPUSD pip value affects your profits and losses. Each pip movement in this pair can greatly impact your bottom line, depending on your trade… Read More »Everything You Need to Know About GBPUSD PIP Value
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