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.
As 2024 progresses, the Federal Open Market Committee (FOMC) has three meetings left on its schedule, with markets anticipating interest rate cuts at each. This shift towards a more dovish approach is partly in response to evolving economic conditions, including… Read More »Markets Brace for Predicted Federal Reserve Rate Cuts
Anticipation mounts as the ECB rate cut is expected to be announced, addressing economic slowdown and inflation concerns across the Eurozone. Despite lingering inflationary pressures, investors are eagerly awaiting signals from the ECB regarding future monetary easing. Since lowering the… Read More »ECB Rate Cut Anticipations Amid Economic Slowdown
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Gold prices have neared their historical highs, with bullish trends persisting ahead of the US CPI report. The metal extended its upward trajectory from the $2,485 mark, gaining momentum for the third consecutive day by Wednesday morning. This rise continued… Read More »Gold Market Gains Amid US Inflation Data Anticipation
In Tuesday’s European trading session, GBPUSD hovers around 1.3100 threshold. The UK’s ILO Unemployment Rate fell to 4.1% for the three months ending in July, aligning with market expectations and providing initial support to the Pound Sterling. However, the ongoing… Read More »GBPUSD Holds Steady Amid Mixed Employment Data
In this week’s forex trading landscape, the ECB Rate Cut and U.S. CPI Data stand as pivotal events poised to sway market dynamics. As the European Central Bank gears up for a critical decision on interest rates and the U.S.… Read More »Market Outlook: ECB Rate Cut and US CPI Data In Focus
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As the release date approaches, all eyes are on the United States Bureau of Labor Statistics, which is set to unveil August’s Nonfarm Payrolls (NFP) data at 12:30 GMT this Friday. This report is crucial for investors and analysts alike,… Read More »Anticipation Builds for Nonfarm Payrolls Report
As traders closely key US data currencies are poised for further shifts amidst ongoing speculation about potential interest rate adjustments and broader economic stability. EUR/USD Approaches 1.1100 Amid US Data Reports The EUR/USD pair is showing renewed upward momentum, hovering… Read More »Currency Movements Amid Key US Data
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