EUR/USD Hits 1.0940 Following Weak US PMI Data
The US Dollar is on fire! It surged across the board following the release of the S&P Global PMI survey…
About the analyst
Vinit Makol
Lead Strategist and Market Analyst at Edge-Forex
Vinit Makol is a forex trader, strategist and market analyst with more than 20 years of experience in forex and financial markets.
As lead strategist and analyst at Edge-Forex, he writes about currencies, central-bank policy, macroeconomics, commodities, trading strategy and the geopolitical events that affect global markets.
His work is informed by practical trading experience and supported by market data, economic releases, official documents and other relevant sources.
More by Vinit Makol
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Critical Forex Updates for Feb 1st, 2023
Singapore dollar Strength Continues: USD/SGD is oversold, as it recently tested key support on the lower edge of the channel.…
Silver Price Analysis: XAG/USD may hit the $25.00 channel barrier.
Silver rises a little on Friday but doesn’t continue over $24.00. Bullish traders are favored by the technical setup, which…
Gold slides from the 5-month peak below $1,800
Gold’s price drops from a five-month high as the US Dollar somewhat recovers intraday. US Treasury bond rates are increasing,…
AUD/USD advances at 0.6700 on USD weakening
AUD/USD gains momentum on Tuesday as new USD selling materializes. The Dollar is affected by bets on less aggressive Fed…
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In this article, we have covered the highlights of global market news about the USD/CNH, AUD/USD, GBP/USD and USD/JPY. USD/CNH Price Analysis:…
EUR/USD Looks Offered, Falls Below Parity
The duo slips and once again violates parity. On Monday, the dollar seems bought with rising US rates. Next up…
10 Common Forex Trading Mistakes to Avoid
Human error is widespread in the forex market and often results in well-known trading blunders. These trading errors often occur,…
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In this article, we have covered the highlights of global market news about the Gold Prices, AUD/USD, USD/JPY and the Canadian Dollar. Gold…
As Your First Indicator in Technical Analysis, Consider Price Action
WHAT IS IT? The study or analysis of price movement in the market is known as price action. It is…
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In this article, we have covered the highlights of global market news about the US Dollar Index, EUR/GBP, USD/JPY and Australia’s trade surplus. The…