EUR/USD bulls assume command in response to hawkish ECB remarks.
Bulls in the EUR/USD rise again in response to aggressive ECB rhetoric. This week, attention will focus on the red calendar events. Since the beginning of the week, EUR/USD has been trading close to a 9-month high as the market…
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Must Read Forex Updates for Jan 24th, 2023
Aussie Dollar Outlook It is still possible that the Reserve Bank of Australia will raise interest rates again in February, as mentioned in their previous minutes. Money market prices are currently divided between a 0% increase and a 25bps increment,…
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FX Updates for Jan 23rd 2023
Overview: The greenback drifted off multi-month lows on Tuesday, whilst the yen hung close to seven-month highs as traders held their breath for a possible policy shift on the financial institution of Japan. The EUR/USD pair gained traction this week and…
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The New York Session: Foreign Exchange Trading Tips
One of the most active forex trading periods is the New York session. The most liquid time of the day is when the US session crosses over with the London session of the foreign exchange market. WHEN DOES THE NEW…
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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 also provides opportunities for further gains. The optimistic picture will be destroyed with a strong breach under trend-channel support. In…
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