Pound Sterling retreats as hopes of rate cuts from BoE escalate
Pound Sterling fails to hold gains inspired by upbeat S&P Global Services PMI data. The UK economy is on the brink of a technical recession. BoE’s Pill signals that policymakers…
What is the S&P 500 Index?
Simply, we can call its stocks trading, the S&P means the largest five hundred traded companies on the United States stock exchanges. The index of these companies are depending on…
EUR/USD flirts with two-month low, remains vulnerable while below 100-day SMA
EUR/USD turns lower for the third straight day and seems vulnerable to slide further. Expectations that the ECB will start cutting rates in April continue to undermine the Euro. Hopes…
What are the terminologies in forex trading?
Forex terminology Forex trading means exchanging currencies in a global online market, to learn more about forex trading we have to learn about the forex terminologies. Terminology means small things…
EURUSD on Tuesday rose 0.13% to 1.07555. Pair in consolidation. What we know.
Dear , As requested, let’s look at EURUSD and the recent events that happened in the previous trading session. EURUSD Analysis Performance after Tuesday Period Pct Chg Momentum Tuesday 0.13%…
Differences between forward and futures market prices
What is Forward Market? Investor analysts have declared two types of market that call forward and Future Markets, Forward market is offering currency rate as a pre-declared rate for future…
USD/CAD stretches lower to near 1.3530 on improved Crude oil prices
USD/CAD moves lower on a subdued US Dollar. The decline in the US bond yields has weakened the Greenback. The higher WTI price is supporting the Canadian Dollar. USD/CAD retraces…
Best Forex Trading Time in South Africa
There are many traders trading in the forex trading market from the South African zone; as a result, a lot of new traders are engaging in forex trading. However, new…
EUR/GBP edges lower to near 0.8570 ahead of Retail Sales data from Eurozone, UK
EUR/GBP faces a challenge as the BoE is expected to avoid rate cuts in its upcoming meeting. BoE Chief Economist Huw Pill called the expectation of interest rate cut premature.…
EURUSD on Monday dropped -0.4% to 1.07422. What we know.
Dear , As requested, let’s look at EURUSD and the recent events that happened in the previous trading session. EURUSD Analysis Performance after Monday Period Pct Chg Momentum Monday -0.4%…
