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 US job market is currently experiencing a paradoxical shift, marked by contrasting trends that paint a complex economic picture. On one hand, the latest data from the Bureau of Labor Statistics reveals a cooling off, with fewer workers opting… Read More »Signs of a Cooling Job Market After JOLTS Report Release
Welcome to our comprehensive Forex Market Update, your go-to resource for the latest trends and key events affecting major currency pairs. This week, we’ll cover essential updates across EUR/USD, GBP/JPY, XAU/USD, AUD/USD, and USD/JPY. Whether you’re a seasoned trader or… Read More »Market Outlook: In Focus Powell Speech, JOLTS and Non-farm Payrolls
When you’re trading GBPUSD, one of the first things you’ll need to grasp is how the GBPUSD pip value affects your profits and losses. Each pip movement in this pair can greatly impact your bottom line, depending on your trade… Read More »Everything You Need to Know About GBPUSD PIP Value
If you’re trading EUR/USD, you’ve likely heard about ‘pip value’—a fundamental concept that affects every trade you make. But have you ever stopped to ponder how tiny fluctuations can impact your trading strategy? Each pip movement in EUR/USD, while seemingly… Read More »Understanding EURUSD PIP Value Simplified
In August, the inflation gauge closely monitored by the Federal Reserve, the Personal Consumption Expenditures (PCE) price index, displayed a slower increase than anticipated. It recorded a modest 0.1% rise for the month, bringing the annual inflation rate down to… Read More »Fed’s Key PCE Index Shows Slower Growth
The Bureau of Economic Analysis (BEA) is scheduled to release the latest data on the Personal Consumption Expenditures (PCE) Price Index (PCE Price Index), which serves as the Federal Reserve’s preferred metric for gauging inflation. This report, although reflecting data… Read More »Traders Expectations Ahead of PCE Price Index
Fed Chair Powell is anticipated to discuss last week’s rate cut in his upcoming remarks. Additionally, the PCE Price Index is scheduled for release on Friday. As a key measure of inflation, the PCE Price Index offers a comprehensive view… Read More »Markets Dynamics Ahead of Powell Speech and PCE Price Index
The AUDUSD has surged to a new nine-month pinnacle, reaching 0.6870 following the Reserve Bank of Australia’s (RBA) latest policy decisions. This shift reflects the currency’s strength amid global economic fluctuations, particularly in contrast to the US Dollar. RBA Holds… Read More »AUDUSD Climbs After RBA Rate Decision, FOCUS CPI
As we approach another dynamic week market outlook in the financial markets, pivotal economic data releases, central bank policies, and geopolitical tensions are set to play crucial roles in shaping market movements. Traders must remain vigilant and well-informed to navigate… Read More »Market Outlook: PMIs, Powell Speech and PCE Price Index
In a pivotal move, the Bank of Japan (BOJ) is cautiously navigating its shift away from a prolonged period of ultra-easy monetary policy. This transition aims to stabilize Japan’s economic recovery without introducing new challenges. Bank of Japan’s Economic Outlook… Read More »Bank of Japan Keeps Rates Steady