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.
XAUUSD, known commonly as gold paired against the US dollar, is a critical market indicator within forex trading. It reflects one ounce of gold valued in USD, identifying shifts in economic stability and investor sentiment. As a safe-haven asset, gold… Read More »What is XAUUSD
To count pips in MT4 and MT5 platform, you’ll first need to understand that a pip usually represents the smallest price move in the fourth decimal place of most currency pairs, except for those involving the Japanese yen where it’s… Read More »How to Count Pips in MT4 and MT5
From Eurozone PMIs, Tokyo CPI and U.S. and U.S. PCE Price Index, this week’s market outlook is shaped by key economic events, central bank decisions, and geopolitical developments. We’ll explore these drivers and their potential impacts on major currencies and… Read More »Market Outlook: Eurozone PMIs, Tokyo CPI and PCE Price Index
To cash out your Bitcoin, you’ll need to select a suitable platform like Coinbase, Binance, or a local Bitcoin ATM, depending on your preference for speed, fees, and privacy. First, set up an account with the platform, authenticate your identity,… Read More »How to Cash Out Bitcoin
Zoomex Crypto Exchange, launched in 2021, swiftly carved a niche in the cryptocurrency trading landscape by meshing centralized and decentralized services. Its commitment to privacy and low fees has drawn a diverse user base, from beginners to seasoned traders. While… Read More »Zoomex Exchange Review
The Forex market was a hive of activity this week, marked by significant movements in major currency pairs. With the European Central Bank (ECB) policy announcements looming, traders are on edge, as the outcomes could shape market trends for the… Read More »Choppy Sessions Ahead of ECB Policy Announcement
In June 2024, the UK inflation rate exhibited a steady trend, providing a sigh of relief for policymakers and consumers alike. The Office for National Statistics (ONS) reported that inflation rates held firm at 2% despite soaring hotel prices. Following… Read More »GBP/USD Hovers Below 1.3000 as UK Inflation Holds Steady
This week market outlook promises to be pivotal for forex traders as we closely monitor key economic indicators and central bank communications. From the Fed’s critical speeches to the UK’s latest inflation data and the ECB’s anticipated rate pause, each… Read More »Market Outlook: Fed Speaks, UK’s Inflation Spotlight, and ECB’s Anticipated Rate Pause
The release of lower-than-expected U.S. Consumer Price Index (CPI) or inflation data has significantly impacted currency markets. The U.S. Dollar weakened overnight as most currencies strengthened against it, though the Dollar managed to recover slightly. The market now awaits further… Read More »Soft U.S. Inflation Weakness the Dollar, Investors Await PPI Data
The recent UK GDP data showed that the U.K. economy is back to growth, expanding faster than expected in May. The GBP/USD pair holds steady above 1.2850, with traders eagerly awaiting the upcoming U.S. inflation figures. UK GDP Data Shows… Read More »GBP/USD Holds Steady Post UK GDP Data; Traders Anticipate U.S. Inflation Figures