Dutch central bank chief Klaas Knot remarked on Tuesday that underlying price pressures in the euro zone might prove challenging to control, but the effectiveness of monetary policy is becoming
Gold price (XAU/USD) is experiencing a period of consolidation, hovering around the $1,960 mark in the early London session. The precious metal's movement has been characterized by back-and-forth action as
The Australian dollar experienced a significant surge in value after the Reserve Bank of Australia (RBA) took markets by surprise and decided to increase interest rates by 25 basis points.
With economists and money markets at odds, the direction of AUD rate outlook remains uncertain. Lingering price pressures and a rebound in home prices have created a challenging landscape, making
Gold prices (XAU/USD) have experienced a significant downward correction, dashing hopes of reaching fresh record highs. The precious metal attempted to recover but failed, as bond yields resumed their rebound,
As the US debt default crisis has been averted, market attention now turns back to the US Federal Reserve's rate outlook. Following a stronger-than-expected reading of the US May non-farm
The May Nonfarm Payrolls report shows strong job growth but softened wage growth, raising doubts about the Federal Reserve’s tightening plans and impacting the US Dollar.
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In the midst of ongoing discussions about de-dollarization and the potential for the yuan to replace the US dollar as the world's reserve currency, China's stance on the matter is
The Australian and New Zealand dollars experienced a sigh of relief as news broke of a deal between US President Joe Biden and congressional Republican Kevin McCarthy to suspend the
Over the last 24 hours, the Japanese Yen has been the top-performing major currency, with USD/JPY falling by approximately 0.7%. This represents the worst day
The upcoming release of the American Petroleum Institute’s weekly statistical bulletin and OPEC+ oil market report is anticipated, while the US CPI on Wednesday is
Gold Market Sees Pullback, but Still Promising for Investors: Economic Conditions Drive Wealth Preservation Interest
The EUR/USD pair failed to rise above 1.1050 and weakened during the American session amidst the Strengthening US Dollar, continuing to move sideways. On the
Oh, the NZD/USD pair is feeling a bit down on Friday, remaining stuck in the mid-0.6100s range. It’s like the New Zealand Dollar is caught
Bitcoin Price Outlook and Stable Support Levels Bitcoin price has remained stable despite recent market volatility, maintaining its position within a specific range. However, investors
Gold prices crumbled on Thursday, falling for a third consecutive session and reaching their lowest level since the beginning of April. In early afternoon trading
Last week, the Australian Dollar surged to a new peak, only to fall back down as the US Dollar regained its dominance towards the end
Gold prices experienced a decline within a one-week low on Friday and are likely to record a weekly drop, due to the influence of a
The AUD/USD pair has been moving sideways within a lateral channel for more than two months, with the upper and lower boundaries acting as resistance
AI in forex trading revolutionizes market analysis, automation, and decision-making. However, human judgment and risk management remain vital for successful trading.
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Reasons Why Successful Traders Meditate
Leverage is a powerful tool that can help traders in forex markets amplify their profits. But like any tool, it can be a double-edged sword
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