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 Dollar experienced fluctuations before stabilizing on Wednesday. Meanwhile, the AUD, NZD, and JPY have been impacted by recent data and news. The Federal Reserve’s direction is clear, but the extent and speed of their actions remain uncertain. The US Dollar recovered from… Read More »US Dollar Rebounds Amidst Recession Concerns
October 18,2022 The RBA Board of Directors voted to raise the cash rate target by 25bp, to 2.60 percent. The interest rate on Exchange Settlement balances was also raised by 25bp to 2.50 percent. The Board of Directors has raised… Read More »RBA Raises Cash & Settlement Rates by 25bps to 2.60% & 2.50%
US, Europe, and Asian-pacific markets all saw a tremendous improvement to the past week’s percentages higher. As bond yields and the USD fell, gold prices increased 2.93% in the strongest week since April 2022. As the Gold price was stagnating,… Read More »Markets Edge Higher Ahead of Davos 2023
USD/JPY The yen has been significantly under pressure with USD/JPY staring at new highs as it continues on an ascending trend, making higher highs. It seems prepared to surpass the 24-year high reached last week. With the price crossing back… Read More »The Fall Of The Yen As The USD/JPY And EUR/JPY Uptick
The U.S. stock prices climbed on Monday after gains in Europe and Asia following China’s easing restrictions. Investors expect an increase in interest rates despite crude oil selling at $120 per barrel in the coming days. The dollar gained marginally… Read More »Stocks Rise Amidst Crude Oil Hitting $120 per Barrel
Headlines On Tuesday, stocks soared as Wall Street built on a strong rally from the previous session and bond yields continued to decline. Adding 825.43 points, or 2.8%, to reach 30,316.32, the Dow Jones Industrial Average increased. Nearly 3.1% more… Read More »Stocks: Dow Up 1.5K, S&P 500 +5.7% RBNZ Move, Job Data
As the earning season continues, more companies are likely to announce profits before the market opens on July 29, 2022. Here are some of the expected earnings announcements; Exxon Mobil Corporation Exxon Mobil Corporation (XOM) is releasing quarterly results for… Read More »Exxon Mobil (XOM) Q2 Earnings Outlook by Traders
Are you looking for the best Forex trading tools in 2023? If so, you have come to the right place. Trading foreign exchange can be a profitable way to invest your money and make a profit from shifts in currency values.… Read More »Best Forex Trading Tools 2023
Following some significant U.S. economic statistics, such as (NFP) and ISM services, the Dollar Index (DXY) finished the previous week on the defensive. This week, investors are eyeing several macroeconomic events planned for the US and other countries, with US CPI taking… Read More »USD Index, US CPI Data: Outlook with Q4 Results of US Banks
According to current news, despite the restrictions placed on Russia, the ruble was performing better than the US dollar and other global currencies. The new development baffled American economists. The ruble increased the most since 2015, reaching 55.47 versus the… Read More »The Ruble Advances During Conflict
