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.
You know the old saying, “Knowledge is power”? Well, in the world of technical trading, that couldn’t be more accurate. Today, we’re unwrapping the mystery behind candlestick patterns, those ancient Japanese trading tools that are crucial to technical analysis. But… Read More »What Is the Most Powerful Candlestick Pattern
A Forex God is often seen as a mythical figure or a highly skilled trader revered within the forex trading community for their exceptional ability to predict market movements and consistently achieve substantial profits. This term symbolizes mastery in the… Read More »What Is a Forex God
What Is the Australian Currency Called? Few hold as much intrigue and economic significance as the Australian dollar in the vast landscape of global currencies. Have you ever wondered about the money used in Australia? But what’s the story behind… Read More »What Is the Australian Currency Called
Traders focus on currency markets before crucial US data releases. Stay updated on market movements and trends for strategic trading decisions. EUR/USD Steady with US CPI and Fed Decisions on the Horizon The currency markets are bracing for potential volatility… Read More »Traders Eye Currency Markets Ahead of Crucial US Data Releases
This week in the currency market, traders should prepare for a series of impactful events and outcomes. Of immediate interest are potential rate announcements from central banks, US Consumer Price Index (CPI) data, and significant bond auctions that could each… Read More »Weekly Market Outlook: CPI, FOMC, ECB In Focus
Traders Approach Nonfarm Payroll Release With Caution. Ahead of the much-anticipated nonfarm payroll release this Friday, traders across various sectors including stock and forex markets exhibit a cautious stance. These reports are pivotal indicators of economic strength and can influence… Read More »Traders Approach Nonfarm Payroll Release With Caution
Firm Ground for Euro as Inflation Softens, Gold Retreats, Powell Speech Eyed. The Euro seeks stability amidst softened inflation and Eurozone data releases, while investors keep a close eye on Powell’s upcoming speech. GBP/USD finds itself in a state of… Read More »Firm Ground for Euro as Inflation Softens, Gold Retreats, Powell Speech Eyed
In the latest financial news enveloping currency markets, the JOLTS report from the Bureau of Labor Statistics—a key indicator of job vacancies in the U.S.—is set to offer fresh insight for traders examining labour market conditions and their potential ripple… Read More »Traders Expectations Ahead of JOLTS Report, Bitcoin Price Falls
Anticipation is mounting as investors gear up for today’s much-awaited release of the Personal Consumption Expenditures (PCE) Price Index Report on March 29, 2024. This report, a crucial indicator of inflation, plays a significant role in shaping market sentiments and… Read More »Forex Update Ahead of the Core PCE Price Index Report
In the foreign exchange markets today, all eyes are set on a basket of economic data poised to shed light on the potential direction of currency movements. The omnipresent EUR/USD pairing is once again front and center as traders anticipate… Read More »Traders Expectations Ahead of Core Durable Goods Orders Amid USD Volatility