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.
Purchasing Managers’ Index (PMI) releases are some of the most watched economic indicators in Forex trading. They provide a key snapshot of economic activity, often shaping market expectations and currency valuations. Here’s what traders should keep an eye on as… Read More »Forex Market Expectations Ahead of PMI Releases
Gold price has grabbed the spotlight this week, surging past $2,660 per ounce as geopolitical tensions and shifting economic circumstances continue to dominate investor sentiment. With investors seeking safe-haven assets amidst global uncertainty, gold is seeing renewed interest across markets.… Read More »Forex Market Today: Gold Price Rally Amid Global Tensions
In October, UK inflation surged sharply to an unexpected 2.3%, according to figures released by the Office for National Statistics on Wednesday. This rise shows a significant jump from the 1.7% increase observed in September and surpasses the 2.2% prediction… Read More »GBPUSD Edges Above 1.27000 After UK Inflation Rises to 2.3%
The Reserve Bank of Australia’s (RBA) latest meeting minutes shed light on a cautious yet watchful approach to monetary policy amidst mounting inflationary pressure and fluctuating housing market conditions. Here’s a succinct analysis of the insights extracted: Recent Economic Indicators… Read More »Forex Market Today: RBA Minutes Highlight Need for Tightened Monetary Policy
This week market outlook promises to be eventful for traders and financial analysts as PMI data releases, central bank governors’ remarks, and key economic indicators are set to shape market dynamics. From Britain’s Inflation Report to the G20 discussions, this… Read More »Forex Market Weekly Market Outlook: PMI Insights to Shape Market Dynamics
Zoomex, a leading cryptocurrency trading platform, is thrilled to announce a special limited-time promotion offering a 50% discount on contract fees for new users. This exclusive deal is part of Zoomex’s response to the recent surge in Dogecoin (DOGE) values,… Read More »Zoomex Launches Limited-Time 50% Off Fee Event Amid DOGE Surge
Investors and traders are eagerly awaiting the release of the October Consumer Price Index (CPI) report today, a pivotal moment that could influence the financial landscape. The US Bureau of Labor Statistics is set to publish this crucial economic indicator,… Read More »Anticipation Builds for US CPI Data Release Today
In the forthcoming week, traders will closely monitor the highly anticipated US Consumer Price Index (CPI) report and Federal Reserve Chair Jerome Powell’s remarks, as both hold substantial sway over currency market dynamics. The CPI data will provide critical insights… Read More »Forex Market Outlook: US CPI and Powell Remarks
The FOMC meeting today is anticipated to result in yet another cut to the Fed Funds Rate, marking the second reduction this year. This decision, expected to be announced at 19:00 GMT, with Chair Jerome Powell’s follow-up conference at 19:30… Read More »FOMC Meeting Today Amid Trump Win
As the U.S. Presidential Election looms, markets are enveloped in a wave of caution, with traders treading carefully amid heightened uncertainty. This pivotal event is poised to influence a broad spectrum of financial markets, from the volatile swings in stock… Read More »Forex Market Today Ahead of US Presidential Election