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Forex traders often pay attention to key levels in the market. These are psychological costs that relate to the mind and way of thinking of people. The following major topics about psychological thresholds and round numbers in forex trading will…

In this article, we have covered the highlights of global market news about the USD/CNH, Gold, USD/CAD and NZD/USD. USD/CNH is currently aiming for 6.9400 rather than 6.9600 - UOB According to Quek Ser Leang and Peter Chia, FX Strategists at UOB Group,…

GOLD SEES UPSIDE REJECTION AT 50 SMA, RISKY OF MOVING LOWER Jerome Powell's speech at the Jackson Hole Economic Symposium came across as rather hawkish, despite the fact that this is a technical article. However, the Fed chairman did throw…

In this article, we have covered the highlights of global market news about the Australian Dollar, S&P 500, NASDAQ 100 and DOW JONES. Forecasts for the Australian Dollar: RBA in the Fed's Shadow for Now The US Dollar strengthened last week in…

Quantitative tightening (QT) is a contractionary monetary policy instrument that central banks employ to lower an economy's level of liquidity, money supply, and overall economic activity. You may be wondering why a central bank would want to slow down economic…