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 Week Ahead: At A Glance ✅Prepare for an exciting week in the currency markets as the spotlight is on the Bank of England. Get ready to delve into the captivating forecast of the British Pound for GBP/USD and EUR/GBP.… Read More »Market Updates Ahead of China PMI, JOLTs, BoE Rate Hike, PCE Report, RBA Meetings
Are you a forex trader looking to enhance your trading strategy and maximize your profit potential? If so, understanding and utilizing the forex flag pattern trading strategy can be a game-changer for you. In this discussion, we will explore what… Read More »Master Forex Flag Pattern Strategy for Profit
The European Central Bank (ECB) has made its widely expected move, raising key rates by 25 basis points (bps) following the July policy meeting. As a result, interest rates on the main refinancing operations, marginal lending facility, and deposit facility… Read More »ECB Raises Rates, Unveils Policy Decision
In a highly anticipated move, the US Federal Reserve (Fed) has announced an increase in the policy rate, federal funds rate, by 25 basis points (bps) to a range of 5.25-5.5%. This decision aligns with market expectations and was made… Read More »Fed Raises Interest Rate to 5.25-5.5%, Market Reacts
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
