Category Archives: Forex Blog
11 MINS READ
The zig-zaging moves of the forex market have confounded traders since the beginning of exchanges. While some dismiss technical analysis as no better than reading tea leaves, the Gartley pattern has demonstrated that methodical analysis of price acti...
6 MINS READ
US equities rally even as bond yields and the dollar surgeNonfarm payroll employment surged by 303,000 in March, the most since May 2023, led by healthcare, government, leisure, and construction, the Labor Department’s Bureau of Labor Statistic...
7 MINS READ
Annual inflation remained above 2.0 percent, underscoring economic resilienceConsumer prices rose 0.3% in February from 0.4% the previous month, and at an annual pace of 2.5% from 2.4% in January as consumer spending rebounded to 13-month highs, the ...
18 MINS READ
Basic Forex Terms You Should Know Before TradingTrading currencies on the foreign exchange (forex) market can seem like entering a foreign land, with its language and customs. Before you start trading forex, it's essential to learn the basic fore...
6 MINS READ
Equities rally while the US dollar and bond yields fall The US Federal Reserve maintained interest rates at multi-decade highs of 5.25%-5.50% following its two-day monetary policy meeting on Wednesday, even as Chair Jerome Powell reiterated that...
6 MINS READ
However, the mixed data showed an increase in the jobless rate and a drop in wage growth The US economy added 275,000 new jobs in February, above the 12-month average of 230,000 and way higher than economists' forecasts of 198,000. The month...
15 MINS READ
Learning how to read forex charts is an essential skill for anyone looking to trade currencies successfully. Charts provide a visual representation of the price movements and trends of currency pairs, allowing traders to analyze and make informed tra...
10 MINS READ
Have you ever felt like you were swimming against the current when trading Forex?You're not alone.Going against the dominant market trend can be tricky, but counter trading strategies allow savvy traders to profit in any market condition.Counter ...
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...
