Friday , 10 January 2025

Forex

Forex

Dow Jones Industrial Average flatlines ahead of Fed

The Dow Jones Industrial Average (DJIA) is churning at the day’s opening prices as investors brace for the latest Federal Reserve (Fed) rate...

Forex

US Dollar declines after Fed decision

The US Dollar Index (DXY) is currently trading near 104, demonstrating a gain not witnessed since March 1.

BOC Minutes: Conditions should materialize for cuts in 2024 but ideas on timing differed
Forex

BOC Minutes: Conditions should materialize for cuts in 2024 but ideas on timing differed

Agreed conditions for rate cuts should materialize in 2024 if economy evolves as forecastCouncil members had differing views on when there would likely...

US dollar softens in the count down to the FOMC decision
Forex

US dollar softens in the count down to the FOMC decision

The pound is now back to flat on the session after falling by as much as 30 pips on today's soft CPI report....

Forex

Event Guide: Euro Area Flash PMIs (March 2024)

We’re getting the first peeks at manufacturing and services business activity in March! How could this week’s event affect EUR’s prices?

Are the dots the wrong thing to be focused on?
Forex

Are the dots the wrong thing to be focused on?

The market likes to focus on the dot plot because it's the clearest indication of where the Fed plans to have its policy...

EURUSD price action ahead of crucial FOMC decision
Forex

EURUSD price action ahead of crucial FOMC decision

In the European session, EURUSD saw a downward trend, notably breaking below its 100-day moving average (MA) at 1.0857. The decline continued until...

Forex

NZD/JPY Price Analysis: Bulls are firmly in control according to daily trends, houly indicators consolidate

The NZD/JPY currency pair is trading at 91.54, showing gains in Wednesday's session.

The SEC is waging a compaign to classify ethereum as a security - report
CryptocurrencyForex

The SEC is waging a compaign to classify ethereum as a security – report

Just out from Fortune:The Securities and Exchange Commission is waging an energetic legal campaign to classify Ethereum, the second-most popular cryptocurrency, as a...

Forex

Event Guide: SNB Monetary Policy Statement (March 2024)

The SNB is gearing up to make its monetary policy decision! Are they likely to announce changes this time around? Here’s what you...