Forecast for the Australian Dollar: Bearish The relative rate adjustments last week caused the Australian Dollar to decline. Compared to the Fed and BoE, the RBA's most recent rate boost was insignificant. If ...

USD/CNH dips to 7.3100 on PBOC interference, US NFP watched

by admin · November 4, 2022 ·

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The USDCNH is under pressure at its intraday low and has fallen for two days in a row. PBOC reports the largest weekly cash outflow in nine months. Bears cannot ...

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4 Global Market Updates- 4 November, 2022

by admin · November 4, 2022 ·

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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 ...

4 Global Market Updates- 3 November, 2022

by admin · November 3, 2022 ·

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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 ...

How Can Cognitive Biases Affect Your Trading Performance?

by admin · November 2, 2022 ·

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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 ...

USD/TRY swings towards a record low of 19.00 ahead of the Fed and Turkish inflation.

by admin · November 2, 2022 ·

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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 ...

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4 Global Market Updates- 2 November, 2022

by admin · November 2, 2022 ·

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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 - ...

What is Crude Oil? A Beginner’s Guide to Oil Trading

by admin · November 1, 2022 ·

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A significant worldwide energy source and commonly traded commodity is crude oil. In this article, we examine the history and origins of oil, the major variables influencing its price, and ...

USD/JPY remains above mid-147.00s ahead of US ISM PMI

by admin · November 1, 2022 ·

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On Tuesday, there is some selling pressure on USD/JPY due to general USD weakness. The dollar is hampered by expectations that the Fed would tone down its aggressive attitude. The Fed-BoJ ...

4 Global Market Updates- 1 November, 2022

by admin · November 1, 2022 ·

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In this article, we have covered the highlights of global market news about the AUD/USD, USD/CAD, GBP/USD and EUR/USD. AUD/USD: Following RBA Lowe's remarks, the rally stalls around 0.6450 AUD/USD is holding steady above 0.6400 after ...