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Category Archives: Forex Blog

US headline consumer inflation rises to three-month highs in December

US dollar ends flat, bond yields fall, and equities end mixed on Thursday Consumer prices rose 0.3% month-on-month in December from 0.2% the previous month and from 3.1% to 3.4% at an annual rate, the most in three months, data published by the US Bu...

For Big Investors

Forex Markets - 2023 Review and Outlook for 2024

The foreign exchange markets are the largest and the most liquid compared to any other asset class in the world, primarily due to large volumes pitched in by various market participants- from retail traders to corporates, commercial and investment ba...

For Big Investors

The US economy added 216,000 jobs in December, beating Street expectations however the unemployment rate and hourly wages remain unchanged

US nonfarm payrolls increased by 216,000 in December, the US Bureau of Labor Statistics reported on Friday. Economists surveyed by Dow Jones expected the payroll number to come in at 170,000, even as October and November's print were revised lower to...

For Big Investors

US stock markets- 2023 performance review and outlook for 2024

After an uncertain start to the year, the US stock markets ended 2023 on a high note, with two of the three major stock indices closing at record highs. If history is any indication of how the previous year's trend affects the following year's perfor...

For Big Investors

Gold forex trading: How do you trade gold on forex markets?

Have you ever wondered how you trade gold on Forex markets? With the rising popularity of trading currencies, commodities like gold have also become available to trade on Forex platforms. If you're new to Forex trading or just curious about how it al...

Forex Strategies

Is Gold Trading Highly Profitable? - Complete Guide

Have you ever wondered if trading gold could be a path to profits? As someone who loves analyzing markets and finding opportunities, the idea of trading gold seems intriguing. But is gold trading profitable? Does gold trading live up to the hype as a...

Forex Strategies

US PCE index falls in November for the first time since April 2020

Equities and bond yields end mixed on Friday; the US dollar slides Consumer price inflation categorized by the personal consumption expenditures (PCE) fell by minus 0.1% in November, the first drop in more than 31/2 years, and after a flat reading th...

For Big Investors

UK consumer price index slumps to four-month lows in November

Falling food and fuel prices lead the decline; sterling slips against majors on rate cut hopes Consumer inflation in the UK plunged by -0.2% in November, the lowest reading since July, after remaining unchanged the previous month, the UK Office for N...

For Big Investors

Forex vs Gold Trading: Which Suits Your Trading Style?

When it comes to trading financial markets, many new investors debate between diving into fast-paced Forex trading or opting for the safe-haven of gold trading. Forex vs gold trading has unique benefits, so how do you choose? As a Forex trading begin...

Forex Strategies

How to Trade Gold in 5 Steps

With economic uncertainty causing market volatility, many investors are looking to the yellow metal as a safe-haven asset. But getting started trading gold can be daunting for beginners. This article will help readers understand the basics of how to...

Forex Strategies

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