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.
Bitcoin (BTC) surged past $66,000 for the first time since April 24, driven by softer-than-expected U.S. inflation data and sluggish retail sales. The rally was a welcome boost for cryptocurrency investors, economic analysts, and financial traders who had been watching… Read More »Bitcoin Price Rises After Soft U.S. Inflation Data
As markets gear up for the crucial release of U.S. inflation data, traders are closely monitoring key currency pairs, commodity movements, and economic indicators to make informed decisions. This article provides an in-depth look at the current market dynamics and… Read More »Traders Await Crucial U.S. Inflation Data
This week, financial markets brace for a series of pivotal data releases and central bank insights that could reshape the landscape for traders and investors alike. With the spotlight on Federal Reserve Chair Jerome Powell and critical U.S. inflation data,… Read More »Weekly Market Outlook: In Focus Powell and U.S. Inflation Data
The GBP/USD currency pair rose to near 1.2540 during the Asian trading session on Friday, following the release of stronger-than-anticipated UK Gross Domestic Product (GDP) data for the first quarter of 2024. This development provides a unique perspective on the… Read More »GBP/USD Climbs on Strong UK GDP Data
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
