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.
The EURUSD currency pair maintained its position above the 1.0800 level on Tuesday following the release of key economic data from Germany and the Eurozone ahead of JOLTS report. The data revealed that the Eurozone GDP experienced a slight growth… Read More »EURUSD Hovers Above 1.080 Ahead of JOLTS Report
Crude Oil Maintains Positive Trajectory West Texas Intermediate (WTI) oil price grapples to continue its gains for the second consecutive session. The strength in crude oil prices is attributed to the recent development of the Medium-term Lending Facility (MLF) rate… Read More »WTI(Crude Oil) Price Climbs, Pressure Mounts on EURUSD Ahead of ECB Decision, GBP/USD Steadies
In its first meeting of the year, the Bank of Japan (BOJ) predictably maintained its ultra-loose monetary policy. The BOJ unanimously agreed to hold interest rates at -0.1% and continued to adhere to its yield curve control policy. This policy… Read More »Bank of Japan Maintains Status Quo, Downgrades Inflation Forecast, Euro Rebounds Amid Dollar Weakness
The GBP/USD pair is experiencing a significant drop, heading towards 1.2650. This comes in the wake of an unexpectedly sharp decline in UK Retail Sales data for December. The pair is also being impacted by a halt in the decline… Read More »GBP/USD Plummets Following UK Retail Sales Data, Bitcoin Price Hovers Below $42K
The EUR/USD pair is hovering near the 1.0900 mark, gaining ground due to renewed weakness in the US Dollar. The European Central Bank (ECB) hawks are pushing back against early rate cut expectations, offering support to the pair. All eyes… Read More »EUR/USD Nearing 1.0900 as Market Awaits ECB Comments and US Data amidst Dollar Weakness
The Euro is making a recovery against the US Dollar, heading towards the 1.0900 mark on Wednesday morning. The recovery is due to the Dollar taking a breather amid a risk-off mood and the hawkish stance of the European Central… Read More »Hawkish ECB, UK Inflation Surprises, Boost The Pound and Euro
Are you looking to master forex trading? Look no further! In this article, we will share with you 12 proven forex trading strategies and market forecasts that can help you become a successful trader. Whether you prefer trend following, breakout… Read More »12 Proven Forex Trading Strategies and Market Forecasts
Following an initial delay on January 9, the United States Securities and Exchange Commission (SEC) officially approved spot Bitcoin ETFs on January 10. This sanction came shortly after reports surfaced about Cboe’s endorsement of the listing of spot Bitcoin ETFs.… Read More »Bitcoin’s Price Climbs After ETF Approval, Markets Await U.S. CPI Data
Negative shift in risk mood keeps EUR/USD on the back foot EUR/USD remains in negative territory below 1.0950 on Tuesday as the market mood turns sour. The absence of high-tier data releases and a firm US Dollar prevent the pair… Read More »EUR/USD Remains Below 1.0950 as Market Sentiment Deteriorates: Bitcoin Price Rises as Spot ETF Decision Looms
The United States Securities and Exchange Commission (SEC) has recently reissued a warning concerning the risks associated with FOMO (Fear Of Missing Out) crypto investing. This warning comes just days before the anticipated approval of spot Bitcoin (BTC) ETFs. Bitcoin… Read More »SEC Reissues Warning about FOMO Crypto Investing Ahead of Spot Bitcoin ETFs
