Category Archives: Forex Blog
7 MINS READ
Sales weighed by cold weather and seasonal adjustments; expected to rebound next month Sales at US retailers shrank 0.8% month-on-month in January, marking the lowest reading in 10 months, primarily weighed down by a drop in receipts at gasoline...
9 MINS READ
Equities plunge, bond yields and the greenback rise as rate cut hopes fade The consumer price index in the US, a measure of prices paid by urban consumers for a basket of goods and services, rose 0.3% month-on-month in January, unchanged from th...
14 MINS READ
Trading currencies and watching the forex markets move without being able to capitalize on price swings is beyond frustrating. But what if I told you that with the right momentum trading strategies, you can actually profit from market volatility?In t...
7 MINS READ
Property prices rise from a resilient labor market, pullback in inflation, and mortgage ratesThe UK housing market registered its fourth consecutive monthly price increase in January amid falling mortgage rates, cooling inflation, and a resilient lab...
9 MINS READ
December figures revised higher; unemployment rate unchanged for the third straight month Nonfarm payroll employment accelerated in January, signaling the continued resilience of the labor market, which will likely shield the US economy from a r...
21 MINS READ
In the ever-evolving landscape of the foreign exchange (forex) market, traders constantly seek an edge. While a diverse arsenal of technical analysis tools exists, some find their compass in the raw pulse of the market itself: price action trading st...
8 MINS READ
Personal consumption expenditures (PCE) rose 0.2% in December from -0.1% the previous month, while they were unchanged at 2.6% annually. Food prices increased by 0.1% and energy by 0.3%, the Commerce Department's Bureau of Economic Analysis (BEA)...
9 MINS READ
As a beginner trader producing consistent profits in the financial markets, I desperately searched for the perfect trading strategy. I wanted to find a particular strategy that could help me capitalize on opportunities in forex, stocks, commodities, ...
7 MINS READ
Gross domestic product slowed from the previous three months but rose more than expectedUS economic growth advanced at an annual pace of 3.3% in the fourth quarter of 2023, the US Commerce Department's Bureau of Economic Analysis' advance rep...
11 MINS READ
Have you ever felt like you were missing out on opportunities in the forex market because you couldn't trade 24 hours a day?As a forex trader, I used to get frustrated knowing that the forex market was open and moving while I was asleep. The fore...
