US Dollar Rebounds with Boost from Rising Bond Yields: A Look at the Market Movers and Fed’s Impact by admin · April 19, 2023 · no comment The US dollar has bounced back following a dip on Tuesday. Despite a lack of major US economic data, the rise in US Treasury bond yields is thought to be ... 0 shares
USD/CAD Reaches the Top: Oil Drops, USD Surges by admin · April 19, 2023 · no comment The USD/CAD pair is making some serious waves, riding high at around 1.3425 during the first half of the European session. What's driving this impressive surge? A combination of factors, ... 0 shares
AUD/USD Pops Like Champagne Cork on Hawkish RBA and Upbeat Chinese Data! by admin · April 18, 2023 · no comment The AUD/USD pair is trading with a positive bias on Tuesday and finds support from various factors. The hawkish stance from the Reserve Bank of Australia (RBA) and the upbeat ... 0 shares
Get Ready to Ride the Bull: UOB Group Experts Target 134.80 for USD/JPY by admin · April 18, 2023 · no comment Forex experts at UOB Group, including Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, have identified a bullish trend in the USD/JPY currency pair, with upward momentum ... 0 shares
Global Oil Demand to Rise by 2.32 Million bpd in 2023, According to OPEC by admin · April 13, 2023 · no comment The world's energy market is always in flux, and according to OPEC's latest monthly report, the global oil demand growth forecast for 2023 remains unchanged at a whopping 2.32 million ... 0 shares
USD/CAD nears 2-month low as bears target 200-day SMA below 1.3400 by admin · April 13, 2023 · no comment The USD/CAD pair is under selling pressure for the fourth consecutive day, dropping to a nearly two-month low on Thursday. Bears are eagerly awaiting a breakthrough of the important 200-day ... 0 shares
UK Economy Stalls as GDP Remains at 0% for February by admin · April 13, 2023 · no comment The British economy has hit a roadblock, with the February 2021 UK Gross Domestic Product (GDP) monthly release reporting a stagnant 0% growth. This unexpected news has rattled traders, especially ... 0 shares
NZD/USD to Remain Range-Bound in Short-Term, UOB Says by admin · April 13, 2023 · no comment The latest analysis from UOB Group's economist Lee Sue Ann and markets strategist Quek Ser Leang suggests that the NZD/USD currency pair will be range-bound over the next few weeks, ... 0 shares
GBP/USD Faces Resistance at 1.2525 Ahead of 1.2600, Warns UOB by admin · April 13, 2023 · no comment In recent forex analysis, the GBP/USD currency pair has encountered significant resistance at 1.2525, with further resistance predicted at 1.2600 by UOB Group's economists. This marks a notable increase in ... 0 shares
Understanding Moving Averages for Forex Trading: Types, Valuable Ones, and Techniques by admin · April 10, 2023 · no comment Many traders use moving averages in forex trading to analyze trends, support and resistance levels, and entry and exit points. While simple and exponential moving averages are commonly used, understanding ... 0 shares