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 Tuesday, the EUR/USD pair showed limited activity, remaining below the 1.1200 level after the release of the U.S. Consumer Confidence Index Report. This stability was prompted by robust US consumer sentiment data and a lackluster start on Wall Street,… Read More »Market Updates after U.S. Consumer Confidence Index Report
The upcoming week in financial markets is set to be eventful, with a range of key economic indicators poised to shape investor sentiment. Central to this week’s outlook is the release of the Personal Consumption Expenditures (PCE) Price Index, a… Read More »Weekly Market Outlook: In Focus – PCE Price Index
At the Jackson Hole Economic Symposium, Federal Reserve Chair Jerome Powell signals forthcoming interest rate cuts. He underscores the necessity for policy adjustments, highlighting that the trajectory of these rate cuts will depend on new economic data, changing forecasts, and… Read More »Powell Foresees Imminent Rate Cuts at Jackson Hole Symposium
As anticipation builds for the release of the Federal Open Market Committee (FOMC) minutes, traders are eager to glean insights into the Federal Reserve’s recent deliberations. The document is expected to provide clarity on the Fed’s stance regarding future interest… Read More »Traders Expectations Ahead of FOMC Minutes
The spotlight this week is firmly on the Jackson Hole Symposium, a pivotal gathering of financial minds where the future of interest rates will be hotly debated. With the buzz around a potential rate cut in September reaching fever pitch,… Read More »Weekly Market Outlook: Spotlight on Central Bank Leaders and the Jackson Hole Symposium
Michele Bullock, the governor of the Reserve Bank of Australia (RBA), addressed the factors influencing Australia’s economy, emphasizing consumer spending and China’s slowdown over government expenditure. Her insights shed light on the economic trajectory and its implications for traders. The… Read More »AUD Rises After Hawkish RBA Policy
A bull flag pattern is a bullish continuation signal in technical analysis, marked by an initial steep price rise called the flagpole, followed by a period of consolidation within parallel downward-sloping trendlines. During this consolidation, volume usually decreases. Upon breaking… Read More »What Is a Bull Flag Pattern
The latest UK inflation report has revealed a rise to 2.2% in July, the first increase since December last year, capturing the attention of traders who are bracing for the upcoming US inflation report. These critical economic indicators are set… Read More »UK Inflation Rises; US CPI Report Ahead
Traders are closely monitoring the upcoming release of the US Producer Price Index (PPI) data, expected later today. This report will provide crucial insights into wholesale inflation trends and their potential impact on the broader economy. The data is highly… Read More »Anticipation Builds for US PPI Data Release
As we navigate through another pivotal week in global markets, traders and investors are gearing up for a slew of key economic reports and central bank decisions that are set to shape the market landscape. This week, the spotlight is… Read More »Dollar and Pound in the Spotlight: Traders Brace for Inflation Data Impact
