4 Global Market Updates- 4 November, 2022
In this article, we have covered the highlights of global market news about the EUR/GBP, AUD/USD, GBP/USD and USD/CAD. EUR/GBP Price Analysis: EURGBP falls off 200-SMA, but buyers stay optimistic Before Friday's European session, EUR/GBP accepts bids to retest the intraday low of 0.8708. By…
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4 Global Market Updates- 3 November, 2022
In this article, we have covered the highlights of global market news about the USD/CNH, GBP/USD, USD/JPY and EUR/USD. USD/CNH: More gains are still possible, according to UOB There is still space for USD/CNH to advance shortly, according to UOB Group economist Lee Sue…
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How Can Cognitive Biases Affect Your Trading Performance?
According to Wikipedia, cognitive biases are "systematic patterns of divergence from the norm or rationality in judgment… (where) an individual's construction of reality, not the objective information, may control their behavior in the world." Or, to put it another way,…
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USD/TRY swings towards a record low of 19.00 ahead of the Fed and Turkish inflation.
Despite conflicting worries, USD/TRY continues to climb toward its all-time high. Prices are driven up by the Turkish inflation issue and CBRT's opposition to rate increases. The purchasers are faced with slow rates and uncertainty over the Fed's decision from…
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4 Global Market Updates- 2 November, 2022
In this article, we have covered the highlights of global market news about the EUR/USD, GBP/USD, NZD/USD and AUD/USD. EUR/USD will conclude the year at 0.95 and remain there until the beginning of 2023 - BofA Bank of America Global Research economists anticipates that…
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