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.
If you’ve been exploring the world of Forex trading, you may have encountered discussions about the legitimacy and potential risks associated with it. The question of whether Forex is a pyramid scheme often arises, prompting traders to be cautious and… Read More »Is Forex a Pyramid Scheme? Spotting a Forex Scam
In a surprising turn of events, the British Pound Sterling has held firm above a pivotal 1.2450 mark against the US Dollar. This comes as a response to the latest CPI data from the UK, which has surpassed market expectations.… Read More »GBP/USD Clings to Gains Post UK Inflation Beat, BTC Price Falls Ahead of Halving Event
Traders brace for a significant event as Federal Reserve Chairman Jerome Powell prepares to deliver a closely-watched speech. The investment community is on high alert, with the forex and commodities markets reflecting a cautious sentiment. Here’s what’s happening in the… Read More »Traders’ Expectations Ahead of Powell Speech
The financial markets can be a tumultuous sea of volatility and opportunity, particularly for traders looking to capitalize on short-term movements. Understanding the intricacies of market dynamics and the impact of economic events is crucial for day traders, retail investors,… Read More »Market Outlook: In Focus Retail Sales, Powell, Legarde & Bailey Speech and UK CPI
The foreign exchange market has been dominated by a strong US dollar, pushing the euro to lows not seen since November. This financial narrative discloses a tale of diverging paths between the European and American central banks, each maneuvering through… Read More »Euro Tumbles to New Lows Amid Rising Dollar Strength and Divergent Central Bank Policies
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
