Aussie Slides Despite Strong Job Data
The Australian dollar is considerably lower on Thursday. In the European session, AUD/USD is trading […]
Dollar Index Looks for Fresh Direction Signals to Exit Near-Term Sideways Mode
Bears are pausing for the second day after being accelerated by lower than expected inflation […]
The Importance of Liquidity in Forex Trading
The FX market offers more liquidity than other markets, offering traders a unique advantage.
EURUSD: Double Failure at 200DMA and Overbought Conditions Warn of Pullback
The Euro is trading within a narrow range in early Thursday’s and still constructive, but […]
Two Trades to Watch: GBP/USD, EUR/USD
GBP/USD rises ahead of the Chancellor’s Budget GBP/USD holds over 1.19 as attention turns to […]
DAX 40 Index Technical Outlook: Roadblock Ahead, For Now
The sharp 20% gains since October suggest that the medium-term bullish fortunes of the German […]
Aussie Dips Despite Solid Job Data, Markets in Consolidations
The forex markets are still engaging in corrective trading in Asian session today. Despite stronger […]
Australia employment grew 32.3k in Oct, unemployment rate dropped to 3.4%
Australia employment rose 32.2k in October, above expectation of 15.0k. Unemployment rate dropped from 3.5% […]
Japan trade deficit hit another record as import surged
Japan’s exports rose 25.3% yoy to JPY 9.00T in October, after shipments of cars and […]
BoJ Kuroda: May take a long time to achieve price stability with wage hikes
BoJ Governor Haruhiko Kuroda told the parliament that it may “take a long time” to […]
Fed Waller more comfortable to hike 50bps in Dec, but no judgement before more data
Fed Governor Christopher Waller said in a speech that while the slowdown in CPI in […]
Eurozone CPI finalized at 10.6% yoy in Oct, core CPI at 5.0% yoy
Eurozone CPI was finalized at 10.6% yoy in October, up from September’s 9.9% yoy. CPI […]