USD/JPY hangs near weekly low, just below mid-145.00s; focus remains on US NFP
USD/JPY refreshes weekly low on Friday, albeit lacks follow-through selling. The divergent Fed-BoJ policy stance continues to act as a tailwind for the pair. Traders now look to the US…
What is Your Locus of Control in Forex?
Trading forex is an inherently risky activity. It is one where your outcomes hinge on a combination of skill and luck. One concept in psychology that may help you better…
🇪🇺 🇺🇸 EURUSD on Thursday dropped -0.73% to 1.08435. End August down by -1.39% or -153.3 pips lower. 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 Thursday Period Pct Chg Momentum Thursday -0.73%…
What is Your Attitude Toward Risk In Forex?
In some recent trading psychology posts, we explored how our attitude toward failure and our locus of control can impact our effectiveness. In today’s post, we are going to talk…
GBP/USD: Door open to a probable test of 1.2800 – UOB
Further upside could prompt GBP/USD to revisit the 1.2800 region in the next few weeks, suggest UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang. Key Quotes…
🇪🇺 🇺🇸 EURUSD on Wednesday rose 0.47% to 1.09299. 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 Wednesday Period Pct Chg Momentum Wednesday 0.47%…
USD/CHF holds ground near 0.8800 after soft Swiss Survey Expectations, US data eyed
USD/CHF rebounds due to downbeat Swiss economic data. Investors will monitor Switzerland’s inflation data, seeking further cues on interest rate hikes by SNB. Market participants await US economic data to…
Pound Sterling prints a fresh four-day high on upbeat market mood
Pound Sterling stabilizes above 1.2600, supported by a risk-on mood. UK housing demand drops sharply due to rising mortgage rates. Investors hope that policy divergence between the Fed and BoE…
USD/JPY recovers from below 146.00 while US Dollar retreats ahead of labor market data
USD/JPY rebounds swiftly from 146.00 amid weakness in the Japanese Yen due to uncertainty about BoJ’s exit from the ultra-loose policy. The US Dollar retreats ahead of the US ADP…
ECB’s Centeno: Downside risks for growth outlined in June projections are materializing
“Eurozone economic growth indicators have been surprising on the downside recently,” European Central Bank (ECB) Governing Council member and Bank of Portugal Governor Mario Centeno said while speaking at Reuters…
