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May 31, 22 •
2676 Views •
Hot Trading News, Top News •
Zahir Shah
Comments Off on ECB to Begin Aggressive Tightening, Favoring Euro Bulls
The end of the month in the currency area is expected. Including yesterday’s US weekend, aggregate flows were low during the Asian and London hours but saw a buying trend for the euro following inflation data from Spain and Germany. Talks in the trading...
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May 30, 22 •
3551 Views •
Hot Trading News, Top News •
Zahir Shah
Comments Off on US Dollar Posing a Threat to Further Losses
Despite a calmer risk environment and heightened expectations for a pause in the Fed’s tightening cycle, the US dollar plunged on Monday morning on European deals, nearing its first monthly loss in five months. Earlier today, the dollar index, which...
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May 26, 22 •
433 Views •
Top News •
Zahir Shah
Comments Off on JP Morgan: Bitcoin to Post Strong Rally, Come out as Alternate Asset
Bitcoin’s volatility versus gold eased marginally, suggesting a “fair value” of $38,000 for the cryptocurrency and implying “significant upside potential for digital assets,” according to a research note by JP Morgan’s team...
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May 25, 22 •
2257 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Bloomberg: US to Outpace China’s Growth
The Coronavirus cutout means China’s economic growth will lag behind the United States for the first time since 1976, resulting in a shift in roles and possibly political consequences in both Beijing and Washington. In a report released on Thursday,...
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Apr 1, 22 •
2201 Views •
Top News •
Zahir Shah
Comments Off on Are we heading for a recession? What to expect in the coming months?
A recession is a period of declining GDP that lasts for two or more consecutive quarters. It is defined as a time between a peak in economic activity and the subsequent low or lowest point involving a significant drop in economic activity that is widespread...
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Apr 1, 22 •
2599 Views •
Hot Trading News, Top News •
Zahir Shah
Comments Off on Bond Markets in red: What to expect?
Global bond markets have plummeted to their lowest levels since at least 1990, as investors expect central banks to quickly raise interest rates in the face of the highest inflation in decades. What is going on? Bond market losses result from central banks...
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Mar 29, 22 •
1267 Views •
Top News •
Zahir Shah
Comments Off on Yen hit a seven-year-old low; what lies ahead?
The yen fell to a seven-year low on Monday as the Bank of Japan defied global monetary policy tightening, raising doubts that the central bank could interfere to support the currency for the first time since 1998. USD/JPY gains The yen fell more than 2%...
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Mar 24, 22 •
1836 Views •
Top News •
Zahir Shah
Comments Off on Top 5 NFT Ideas to Follow and Invest
What are NFTs? Are NFTs worth investing in? What is the future of NFTs? Millions of NFTs are for sale, and hundreds of new projects appear daily. So how can you cut through the clutter when finding prospective NFT businesses to watch and maybe invest in? You...
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Mar 1, 22 •
1260 Views •
Forex News, Top News •
Zahir Shah
Comments Off on Price Analysis of GBP/USD: Retakes Mark 1.3400 to Move towards Channel Resistance
The GBP/USD pair rose to a daily high during the mid-European session. The pair now looks to continue the rise beyond the 1.3400 mark. It has now filled the weekly bearish gap amid some intraday US dollar selling as the pair rallied around 100 pips on Monday...
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Mar 1, 22 •
1758 Views •
Forex News, Top News •
Zahir Shah
Comments Off on EUR/USD 1.12 Holds, Gap Down Intact!
The EUR/USD pair maintains a bearish bias if it stays under the downtrend line. The currency pair could come back down if it fails to close the gap down. A bearish pattern around the downtrend line could announce a new leg down. The EUR/USD price loses...
