Due to its signaling impact on anticipated future inflation, PPI is a significant piece of economic data. Due to the strong correlation between inflation and interest rates, traders in the ...

4 Global Market Updates-19 August, 2022

by admin · August 19, 2022 ·

no comment

In this article, we have covered the highlights of global market news about the USD/CAD, GBP/USD, NZD/USD, and EUR/USD. The USD/CAD is approaching 1.3000 as yields boost the DXY and oil eases ahead of ...

View : 29 Click : 0

USD/CAD below 1.2900 post-US data, downside looks mitigated

by admin · August 18, 2022 ·

no comment

Over a week, the high reached on Thursday was reversed intraday for USD/CAD. Despite a slight USD decline, rising oil prices support the Canadian dollar and put pressure on it. Positive ...

Crude Oil Price Reverses Three-Day Drop as US Crude Inventories Fall

by admin · August 18, 2022 ·

no comment

Following a greater-than-anticipated drop in US stockpiles, oil prices have stopped falling for three days. Crude may stage a stronger comeback in the days to come as it breaks the ...

4 Global Market Updates- 18 August, 2022

by admin · August 18, 2022 ·

no comment

In this article, we have covered the highlights of global market news about the EUR/GBP, USD/CAD, AUD/USD - Danske Bank, and USD/CNY - Commerzbank. EUR/GBP Price Analysis: Crosses Important Obstacle of 0.8460, Eyed Monthly ...

Gold slips to 1-1/2 week low, below $1,770 before FOMC minutes

by admin · August 17, 2022 ·

no comment

On Wednesday, gold draws new selling in the $1,782 area, declining for a third consecutive day. Through the early North American session, the intraday selling trend persisted unabatedly, pushing the ...

View : 29 Click : 0

4 Powerful Trading Indicators Every Trader Should Understand

by admin · August 17, 2022 ·

no comment

As your forex trading journey gets underway, you'll probably encounter various trading strategies. But with only one of four chart indications, most trade opportunities may be quickly spotted. Once you ...

4 Global Market Updates- 17 August, 2022

by admin · August 17, 2022 ·

no comment

In this article, we have covered the highlights of global market news about the EUR/GBP, Eurozone, EUR/CHF, EUR/SEK, and EUR/NOK. EUR/GBP falls below 0.8400, a nearly two-week low, due to higher-than-expected UK CPI. On Wednesday, ...

The FTSE 100 is Boosted by Miners, and Takeovers Are Back in Vogue.

by admin · August 16, 2022 ·

no comment

The FTSE 100 is returning to levels last reached in mid-June this year, aided by a surge in mining companies after ex-FTSE 100 component BHP's announcement of a 26% rise ...

What is Contractionary Monetary Policy and How Does It Operate?

by admin · August 16, 2022 ·

no comment

CONTRACTIONARY MONETARY POLICY: WHAT IS IT? The process through which a central bank employs different measures to reduce inflation and the overall level of economic activity is known as contractionary monetary ...