Category: Forex

Risk-taking and anti-USD sentiment are extending bitcoin’s gains against the U.S. dollar! How high will BTC/USD fly before the OG crypto goes back to its longer-term downtrend? If the downtrend picks up,…

It was another busy day as traders digested the Fed’s latest rate cut, BOE’s decision to stand pat, better-than-expected U.S. data, and developing stories in the Middle East. Which assets took advantage…

In an 8-1 vote, Bank of England (BOE) members voted to keep their official bank rate at 5.00% in September. Swati Dhingra, a known dovish member, voted for another 25bps rate cut…

With the Fed announcing a larger 0.50% interest rate cut and suggesting more easing to come, how did financial markets react to the news? Did we see a uniform reaction among major…

Spot gold turned lower from its $2,600 record highs following the Fed’s interest rate cut event! Are we looking at an opportunity to jump in XAU/USD’s long-term uptrend? Let’s take a closer…

Data from the Australian Bureau of Statistics (ABS) reflected the resilience of Australia’s labor market amidst an elevated interest rate environment. The economy added a net 47.5K jobs in August, higher than…

The BOJ is not expected to change its policies this week, but the event will be under the spotlight as traders look for clues on the central bank’s immediate plans. Here…

The FOMC lowered interest rates by 50 basis points to 4.75% to 5.00% in their September meeting, marking an aggressive start to their monetary policy easing cycle. This was also the first…

One of the more important themes we have discussed before is the need for traders (especially the newbies) to focus on the process rather than the profits. The idea is that a…

Heads up, Aussie traders! We’ll get a fresh update on the Land Down Under’s employment situation for August, and here’s how the numbers could impact intraday AUD price action. What…