Discover the latest and most vital updates in the world of forex trading. Enhance your trades with the latest insights. Fresh news and market analysis.
Whether you're a full-time trader or new to the Forex market, our content can help you make informed decisions in the constantly shifting currency markets.
Stay ahead of trends, understand market drivers, and navigate your trading strategies accordingly. Know which stocks, currencies, or other financial assets show uptrend or downtrend movements daily.
The comprehensive Forex market and analysis section has customizable filtering options. A dedicated search window enables traders to look for any keywords or assets of interest.
Moreover, traders can choose the category and filter the news accordingly. Available categories are: Fundamental Analysis, Technical Analysis, Expert Commentary, Trade Pattern Ideas, Trade Ideas, and News. To refine results even further, users can select the date, ensuring a precise display of the selected period.
The Chief Executive Officer of Stellantis Carlos Tavares has stated that electric vehicle batteries have be reduced in weight by 50% during the next ten years to make electrification meaningful.
Reuters has reported that the US President Joe Biden is set to sponsor nearly 30 million in student debt by covering it from the federal budget. The news caused a drop of the US Dollar, as the student debt amnesty is set to flood the market with additional supply of USD.
The stock price of Amazon has extended its surge. On Monday, the share price of the company touched the $187.26 level and booked a new all-time-high level.
Amazon Web Services have revealed that it has fired hundreds of marketing, sales and tech employees.
The price for gold is experiencing a classic surge. It reaches a new round price level. The price level acts as resistance. Gold retraces back to the previous price that acted as resistance, finds support and surges to break the resistance. This repeats over and over and over during the ongoing surge. Meanwhile, from time to time the hourly simple
Announcements by the Bank of Japan of upcoming tightening of JPY supply and that the bank does not want the USD/JPY above 152.00 pushed the rate down. The USD/JPY plummeted in sharp moves on Thursday and midnight to Friday. The rate reached the support zone at 150.70/150.90. However, the market still pushed the rate higher and at mid-Friday the US statisticians
On Friday, the United States Bureau of Labor Statistics published the country's monthly employment data. Markets reacted to the release by buying the US Dollar and selling off other assets. On the GBP/USD charts it resulted in a decline to levels near 1.2580, before a recovery occurred. This move and the price action before have confirmed the existence of support and
On Friday, the United States Bureau of Labor Statistics published the country's monthly employment data. Markets reacted to the release by buying the US Dollar and selling off other assets. On the EUR/USD charts it resulted in a drop to the combined support of the 1.0800 mark and the 100 and 200-hour simple moving averages. These levels held and caused a
The US retailer Costco Wholesale has announced that it would offer its members new weight loss programs that include the drugs Ozempic and Wegovy.
The price for gold is experiencing a classic surge. It reaches a new round price level. The price level acts as resistance. Gold retraces back to the previous price that acted as resistance, finds support and surges to break the resistance. This repeats over and over and over during the ongoing surge. Meanwhile, from time to time the hourly
Announcements by the Bank of Japan of upcoming tightening of JPY supply and that the bank does not want the USD/JPY above 152.00 pushed the rate down. The USD/JPY plummeted in sharp moves on Thursday and midnight to Friday. The rate reached the support zone at 150.70/150.90. However, the market still pushed the rate higher and at mid-Friday the
On Friday, the United States Bureau of Labor Statistics published the country's monthly employment data. Markets reacted to the release by buying the US Dollar and selling off other assets. On the GBP/USD charts it resulted in a decline to levels near 1.2580, before a recovery occurred. This move and the price action before have confirmed the existence of support
On Friday, the United States Bureau of Labor Statistics published the country's monthly employment data. Markets reacted to the release by buying the US Dollar and selling off other assets. On the EUR/USD charts it resulted in a drop to the combined support of the 1.0800 mark and the 100 and 200-hour simple moving averages. These levels held and
The President of the Atlanta Federal Reserve Raphael Bostic has recently revealed that he expects the Fed to cut interest rates only once in 2024. Moreover, the rate cut could occur at the end of the year.
The United States Food and Drug Administration has published information that Eli Lilly is set to continue to struggle with supply issues with its weight-loss drug Zepbound.
In March, as reported by the Institute for Supply Management, the United States services sector has grown, despite decreasing expansion rate, compared to February.
Head of the Austrian central bank and member of the ECB board Robert Holzmann has commented that he would like to cut interest rates in June. However, the ECB is set to synchronize its actions with the Federal Reserve.
The major US bond management firm Pacific Investment Management Corporation has commented that it expects the Federal Reserve to start reducing interest rates mid-2024.
Microsoft and its partner Quantinuum have announced a key improvement in quantum computer reliability that is set to allow the commercialization of quantum technologies.
Recent increases in US Treasury yields have turned bonds into a more attractive investment, which has been blamed for a decline of demand for stocks.
In the aftermath of 7.2 magnitude earthquake, Taiwan Semiconductor Manufacturing Company has paused work at its constructions sites in Taiwan. The firm is set to evaluate the impact of the disaster, before resuming operation.
The United States Bureau of Labor Statistics has published the country's monthly employment data. Markets reacted to the release by buying the US Dollar and selling off other assets. Non-farm Employment Change was expected to show that 212,000 people found jobs in March. Released data showed 303,000 job positions filled. Average Hourly Earnings were expected to have increased by 0.3%, compared
The Caixin PMI release has revealed to the world that the Chinese services sector activity had increased its pace of growth during the month of March. Growth has been caused mainly by new businesses.
The Chinese tech company Xiaomi has started to deliver its first SU7 electric vehicles. The firm has received orders for more than 100,000 cars.