Forex News

  • Stagflation Fears Stemming from Looming Economic Woes

    Stagflation Fears Stemming from Looming Economic Woes

    May 3, 23 • 1186 Views • Forex News, Top News Comments Off on Stagflation Fears Stemming from Looming Economic Woes

    Financial markets are caught in a tug-of-war between continued inflation and recession worries as they try to guess the Federal Reserve’s next move. This means that investors are potentially ignoring a much more dangerous outcome: stagflation. The...

  • Bitcoin's Longest Winning Streak since 2021: Analysts Predict Future Growth

    Bitcoin’s Longest Winning Streak since 2021: Analysts Predict Future Growth

    May 1, 23 • 1333 Views • Forex News, Top News Comments Off on Bitcoin’s Longest Winning Streak since 2021: Analysts Predict Future Growth

    Bitcoin closes April with gains. This marks the 4th month in a row of price increases. Longest streak since March 2021. On Sunday, March 30, the BTC coin climbed to $30,000, down from its peak of $31,000 on April 14. Bitcoin has plunged 77% from its record...

  • Risk Sentiment Improves as Banking Crisis Subsides

    Risk Sentiment Improves as Banking Crisis Subsides

    Mar 30, 23 • 3319 Views • Forex News, Top News Comments Off on Risk Sentiment Improves as Banking Crisis Subsides

    The US dollar edged higher on Thursday as easing worries about the banking sector lifted sentiment, and investors turned their attention to the Federal Reserve’s fight against inflation. The dollar index, which measures the exchange rate against six...

  • US Stocks Soar amid Improved Sentiment in Chinese Tech

    US Stocks Soar amid Improved Sentiment in Chinese Tech

    Mar 29, 23 • 3213 Views • Forex News, Top News Comments Off on US Stocks Soar amid Improved Sentiment in Chinese Tech

    Alibaba spurs rally in Hong Kong, UBS leads banks. European stocks rose alongside Asian stocks as the Hong Kong market fell sharply on Alibaba Group Holdings Ltd’s proposed reorganization, which bodes well for Chinese tech companies. US stock futures...

  • Forecast on Gold Price: Uptrend in Gold as Traders Buy the Dip

    Mar 25, 23 • 1515 Views • Forex News, Top News Comments Off on Forecast on Gold Price: Uptrend in Gold as Traders Buy the Dip

    Traders buy when prices go down, pushing gold up. This is because the Initial data showed that fewer Americans are applying for unemployment benefits than experts had thought. This caused a drop. The gold has reached a daily high of $1,982 so far today. For...

  • USD/JPY Price Outlook: Scenario Behind Trade Setups in Line of FOMC

    USD/JPY Price Outlook: Scenario Behind Trade Setups in Line of FOMC

    Mar 23, 23 • 1020 Views • Forex News, Top News Comments Off on USD/JPY Price Outlook: Scenario Behind Trade Setups in Line of FOMC

    After March 9, when it was found that SVB could be a problem for the banking system as a whole, investors turned to the Japanese yen as a safe currency. Here’s a quick look at how the yen has done against some of the world’s most important...

  • Forecast of Gold Price: Short-term Bounce at $1800 Psychological Level

    Forecast of Gold Price: Short-term Bounce at $1800 Psychological Level

    Mar 1, 23 • 8427 Views • Forex News, Top News Comments Off on Forecast of Gold Price: Short-term Bounce at $1800 Psychological Level

    Gold prices fell throughout the Asian trading session, reaching a low of approximately $1806.50 before the start of the European Open. Since then, there has been a negligible increase of approximately $6, and the current price of gold is 1812. Gold is still...

  • Another Inflation Fix After US CPI and Core PCE

    Another Inflation Fix After US CPI and Core PCE

    Feb 27, 23 • 2476 Views • Forex News, Top News Comments Off on Another Inflation Fix After US CPI and Core PCE

    Asian Indices UK and Europe US Futures Kazuo Ueda, the next governor of the Bank of Japan (BOJ), disappointed hawks at his confirmation hearing. He did not challenge the status quo’s ultra-easy stance but instead joined the chorus of those who agreed....

  • Market Roundup: RBNZ Hikes Rates

    Market Roundup: RBNZ Hikes Rates

    Feb 24, 23 • 674 Views • Forex News, Top News Comments Off on Market Roundup: RBNZ Hikes Rates

    As the NA session starts, NZD is the best currency, and AUD is the worst. The Dollar is all over the place, but the markets are making small changes to keep it steady. As worries about inflation grew yesterday, US markets and rates went down. In this case,...

  • Gold Price Latest Update towards Higher Future Interest Rates

    Gold Price Latest Update towards Higher Future Interest Rates

    Feb 22, 23 • 8764 Views • Forex News, Top News Comments Off on Gold Price Latest Update towards Higher Future Interest Rates

    Since more and more people expect interest rates to increase, gold is seen as a risky investment and is losing its appeal. At the beginning of the month, bond markets thought the Fed funds rate would end up somewhere around 4.8%. The rate has increased by...