British Pound (GBP/USD) Slumps, UK Consumer’s Mood Darkens Posted by By 19/08/2022Posted inForex Cable continues its latest sell-off, testing sub-1.1900 levels, and with little in the way of good news around, further falls seem likely.
Gold Price Threatens Monthly Low After Failing to Test July High Posted by By 19/08/2022Posted inForex The price of gold threatens the monthly low ($1754) after failing to test the July high ($1814).
USD/CAD Rally Vulnerable amid Failure to Clear August Opening Range Posted by By 19/08/2022Posted inForex USD/CAD may face range bound conditions over the coming days if the exchange rate fails to clear the opening range for August.
AUD/USD Trades Lower on Fragile APAC Sentiment Amid China Heatwave Posted by By 18/08/2022Posted inForex The Australian Dollar is at risk of falling to its August low against the US Dollar as Chinese growth woes worsen amid a heatwave. Japan's inflation data and China's LPR…
S&P 500, Nasdaq Range-Bound as the US Dollar Jumps Posted by By 18/08/2022Posted inForex There was a strong trend in the US Dollar during today’s session. But US equities traded in a range even as FX trends were driving.
Top 8 Forex Trading Strategies and their Pros and Cons Posted by By 18/08/2022Posted inForex Compare the pros and cons of different forex strategies, from day trading to position trading.
British Pound Forecast: UK Stagflation Fears Weight – Setups for GBP/JPY, GBP/USD, EUR/GBP Posted by By 18/08/2022Posted inForex The British Pound continues to struggle in the wake of UK PM Johnson’s resignation.
S&P 500 Continues to Stall Around 4300 as Jackson Hole Looms Posted by By 18/08/2022Posted inForex S&P 500 continues to trade sideways as traders eye Fedspeak from Jackson Hole.
Central Bank Watch: BOC, RBA, & RBNZ Interest Rate Expectations Update Posted by By 18/08/2022Posted inForex The commodity currency central banks have more rate hikes discounted in the coming months.