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.
After an optimistic start this week following the Federal Reserve meeting, progress has been stifled by a resurgent US dollar. Investors remain wary of risky assets as they wait to gauge how further market sentiment will be affected. What To… Read More »US CPI Data Release Important This Week – Keep An Eye
The USD/CAD is headed downhill, giving up some impressive gains from the day before. After reaching a high of 1.3460, this pair has dropped back to reality and now sits just below its daily low at the edge of 1.3400… Read More »USD/CAD Falls Amid A Weak USD
The Federal Reserve Chair, Jerome Powell, has warned that further interest rate hikes may be necessary if strong labor market data continues. He acknowledged the progress on inflation but stated it could take time to bring it down. The US… Read More »Dollar Falls, Stocks Up Post-Powell Speech and Hawkish RBA
The RBA increased its cash rate by an anticipated 25 basis points on Tuesday and hinted at further rate increases. Following the RBA rate decision, the dollar’s rallying trend ends. Bitcoin has been ranging between $22,800 and $23,000 over the… Read More »AUD Beats USD After RBA Rate Hike; Bitcoin Retests 21K Mark
On Tuesday, Jerome Powell, the head of the Federal Reserve, will deliver a speech at the Economic Club of Washington, D.C. This week’s main earnings calendar event will be Disney’s first report since Bob Iger took over as CEO, Robinhood… Read More »Stock Markets, Major Earnings Reports As Powell Speak
In today’s fast-paced world of finance and technology, having the right tools at your disposal is essential for success in currency trading. With the ever-evolving market trends, it’s important to stay ahead of the curve and make informed decisions. That’s… Read More »Powerful Smart Tools For Forex Trading
TRADE NOW Forex trading is made easy and accessible, this is what DeltaStock is known for. The company was established back in 1998 in Bulgaria as a financial services company. It is both licensed and regulated in the country and offers forex trading, shares,… Read More »DeltaStock Review
The Federal Reserve hinted that the current rate hike cycle is about to end, which sent the dollar tumbling to a nine-month low and Treasury yields to a decline. The European Central Bank and the Bank of England are trying… Read More »US Dollar Falls – ECB, BoE And Fed Hike Rates
Exchange rates are a major component of the global financial market–affecting international business transactions and investments. Small changes in exchange rate values can have major implications for both businesses and consumers. So, what might shape exchange rates between now and 2023?… Read More »Factors That Affect The Exchange Rate In 2023
Key Highlights The ADP National Employment Report is a monthly measure of nonfarm, private employment change based on payroll data from approximately 400,000 U.S. business clients. The release, which comes two days ahead of government data, is a good predictor… Read More »ADP Jobs Data: Will It Worsen Market Pain?
