Category: Forex

Forex traders were on their toes throughout the week, as another batch of major central bank announcements and  a busy economic calendar rocked the markets.

All eyes and ears were on the last FOMC statement for the year, although a few surprise catalysts still caused huge swings in overall sentiment. For instance, mostly downbeat data…

EUR/GBP is testing key resistance after a strong upswing earlier this week. Is the pair ready to extend its longer-term trend? We’re detailing what we’re seeing on the 4-hour time frame: EUR/GBP…

The Fed’s less dovish tone may have set the stage on Thursday, but the BOJ’s dovish hold and the BOE’s surprise vote stole the spotlight and fueled volatility among the major assets….

The Bank of England (BOE) kept its main interest rate at 4.75% in December, but surprised markets with a dovish 6-3 vote split that sent the pound tumbling. In a significant shift,…

The BOE gang is widely expected to keep its policies unchanged in December. That doesn’t mean the British pound won’t see increased volatility though! We have the points you need…

Investor jitters were in play ahead of the highly-anticipated FOMC decision, which then delivered what many interpreted to be a more hawkish than expected announcement, sparking huge moves across the financial markets….

The Federal Reserve pulled the trigger on another 25-basis-point rate cut at its December meeting, lowering the federal funds rate to a range of 4.25-4.50%. This marks their third straight cut this…

It is said that the failure rate in the forex industry is very high, with more than 95% of aspiring traders expected to drop out of the game within their first few years of…

Market watchers still seem to be divided on whether or not the Bank of Japan (BOJ) is finally ready to hike interest rates. Will BOJ Governor Ueda and his fellow policymakers…