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.
As we head into the week, there are several significant events and economic indicators that traders and investors should keep an eye on. The focus will be on the Eurozone Purchasing Managers’ Index (PMI) data, the Federal Open Market Committee… Read More »Eurozone PMIs, FOMC Meeting, Fed/ECB Rate Hikes Ahead
The EUR/USD pair is struggling to break through 1.1150 as the US Dollar rebounds. Traders are hesitant to make any new bets before the upcoming ECB and Fed decisions. Technical indicators suggest that there may be more room for the… Read More »USD Rebound Caps EUR/USD, Traders Await ECB & Fed Decisions
⤵️ UK Inflation Falls✅ Euro Holds Strong above 1.1200 Mark Against the US Dollar⬇️ European Stocks Continue to Rise on Thursday⭕️ Surprising Upside in German Producer Prices⚡️ Euro Gains Ground Against the Dollar, Faces Key Central Bank Meetings 👉 Fed Approaches… Read More »UK Inflation Drop; Australia’s Unemployment Steady
The Dow Jones fell approximately 40 points on Monday, sending US equities marginally down this morning. The Dow slipped 0.12% to 33,719.99, while the NASDAQ dropped 0.28% to 13,011.21. The S&P 500 likewise dipped, falling 0.30% to 4,267.13. On Monday,… Read More »Weekly Watchlist: Dow Drops 0.2% Amid Growth Concerns
US Dollar Fluctuations: Chinese GDP Falls Short of Projections, Sparks Worries over Economic Revival 💡 As the new week kicks off, the performance of the US Dollar hangs in the balance, while lackluster Chinese GDP figures compound concerns regarding the… Read More »Market Analysis: Stocks, Gold, Currencies, Crypto Highlights
There’s caution in the air regarding the EUR/USD forecast as a potential correction may be on the horizon. The pair witnessed a new high above 1.1200, but technical indicators are flashing signals of overbought conditions. Weekend trading could hinder further… Read More »EUR/USD Predictions: Caution Advised for a Potential Pullback
If the US inflation statistics released on Wednesday reveal a further acceleration, strategists predict that the dollar has room to increase gains, and stocks are likely to continue declining. Other predictions include a further inversion of the US yield curve,… Read More »USD to rise as market awaits inflation cooldown
✔️ The EUR/USD currency pair is gaining strength above a key level as the US dollar struggles.♻️ Market sentiment has been dampened by concerns over underwhelming Chinese data, Beijing’s restrictions on metals exports, and ongoing monetary tightening by major central… Read More »UK Job Data, Bailey Speech, BOC Rate Report, US CPI Data
FOMC Minutes Boost US Dollar as Rate Hike Debate Divides Officials The Federal Open Market Committee (FOMC) has released the minutes from its June meeting, causing a surge in the value of the US Dollar. Some members of the FOMC… Read More »EU vs USD: Bears Near Abyss Amid Hawkish FOMC Minutes
