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.
All eyes are on the British Pound (GBP) as it navigates through choppy waters ahead of critical economic announcements. The GBP/USD pair finds itself in a precarious position, grappling with anticipation and market speculations as traders await the Bank of… Read More »GBP/USD Faces Uncertainty as BOE Decision Looms and UK GDP Draws Near
In a move that caught markets partially off guard, the Reserve Bank of Australia (RBA) has announced its decision to maintain the cash rate target at 4.35% and keep the interest rate on Exchange Settlement balances unchanged at 4.25%. This… Read More »AUD Falls After RBA Maintains Rates at 4.35%
This week, the financial markets brace for a series of pivotal events with potential sweeping effects on currency and precious metals markets. From central bank decisions to crucial economic data releases, traders are advised to stay vigilant. Here’s what you… Read More »Market Outlook: In Focus, RBA, BOE and U.S. Treasury Bond Auctions
Forex Cheat Sheet: A Beginner’s Guide: Forex, also known as foreign exchange or FX trading, involves the buying and selling of currencies on a global market. It’s the largest financial market in the world, offering 24-hour market access, deep liquidity,… Read More »Forex Cheat Sheet: A Beginner’s Guide
With the anticipation building up for the latest Non-farm Payrolls (NFP) report, traders and investors are closely monitoring currency and commodity markets for signals on how the latest US jobs data might influence monetary policy and market movements. Here’s a… Read More »Traders’ Expectations Ahead of Non-farm Payrolls Report
The currency market has shown significant movements post the recent speech by Federal Reserve Chairman Jerome Powell. Amid expectations of a halt in the Fed’s rate hikes, the EUR/USD pair remains steadfast above the 1.0700 mark, showcasing the dollar’s softened… Read More »Currency Market Post Powell Speech: Analysis and Outlook
In the bustling world of financial markets, all eyes are set on a series of pivotal events and data releases that are expected to stir significant volatility across various trading instruments. From the highly anticipated Federal Reserve’s Federal Open Market… Read More »Market Sentiment Awaits FOMC Outcome and Powell Remarks
This week promises pivotal moments for traders and market analysts with a series of significant economic events poised to shape market sentiment and directionality. Despite a quiet start, anticipation builds around the upcoming releases of critical data points and central… Read More »Market Outlook: In Focus, FOMC, JOLTS and Non-farm Payrolls
In a closely watched decision on Friday, the Bank of Japan (BoJ) held its ground by keeping interest rates around zero, reinforcing its view that inflation is on a steady path to reach its 2% target in the coming years.… Read More »USD/JPY Climbs as BoJ Maintains Ultra-low Rates Amid Inflation Targets, PCE Index Awaited
U.S. GDP and PCE data expected. EUR/USD remains resilient above 1.0700 in today’s European trading session. Despite a risk-off sentiment permeating global markets, the Euro benefits from a renewed downturn in the US Dollar’s fortunes. Traders have set their sights… Read More »Anticipation Builds Ahead of U.S. GDP and PCE Data