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.
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
Pound in Peril Amid Retail Sales Disappointment, Powell Speech Awaited. Traders brace for an action-packed day as significant data releases align with Fed Chair Powell’s speech, a potential market mover. Eyes are set on the GBP/USD, EUR/USD, and gold prices,… Read More »Pound in Peril Amid Retail Sales Disappointment, Powell Speech Awaited
EURUSD move. In the Forex trading business, tranquillity and chaos are often neighbours. Volatility, often called the degree of variation in trading prices over time, is crucial in determining risk, opportunity, and, ultimately, traders’ profit or loss. Among the myriad… Read More »Understanding Volatility: How Many Pips Does EURUSD Move Daily
You know what they say, “Knowledge is power,” and this adage holds particularly true in the fast-paced, ever-evolving world of forex trading. In 2024, forex signals are more critical than ever, acting as your guide and confidante in the tumultuous… Read More »Your Ultimate Guide to Forex Signals in 2024
Get ready for the latest Forex market update as we approach upcoming Flash PMI data releases and central bank rate announcements. Stay ahead of the trends and make informed trading decisions. Key Data Releases to Watch Australian Employment Surge Offers… Read More »Forex Market Update Ahead PMI Data Releases, Central Bank Rate Announcements
