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.
GBP/USD Resilience Post BoE Policy Announcement Following the Bank of England’s decision to maintain the policy rate, GBP/USD showed resilience by stabilizing above 1.2650, despite earlier losses. Governor Andrew Bailey’s cautious stance on policy timing contributed to this stability. GBPUSD… Read More »GBP/USD Resilience EUR/USD Stability Post BOE & FOMC
Is there any truth to the theory that psychological barriers pose the most significant obstacles to success in forex scalping? As you navigate the fast-paced and unpredictable world of forex scalping, you’ll inevitably encounter a range of mental challenges. From… Read More »Decoding Psychological Hurdles in Forex Scalping
Forex scalping is a rapid-fire trading strategy where traders dive in and out of the market, seeking to capture small price movements. This technique, known for its potential to yield quick profits, demands a keen eye for detail and swift… Read More »Pros and Cons of Forex Scalping
Did you know that using the right indicators can significantly improve your chances of success in scalping? Now, you might be wondering, “What are these best forex scalping indicators for beginners?” Imagine you’re a trader focusing on forex scalping. You… Read More »Best Forex Scalping Indicators for Beginners
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
