Book Your Classes Today!
USD/CAD on course to snap a four-day losing streak ahead of US inflation data. Will US Inflation provide fresh impetus for the DXY with another increase or is a drop on the cards?
This article provides an extensive examination of EUR/USD and AUD/USD from a technical perspective, investigating essential factors that are likely to drive price changes in the upcoming trading sessions.
USD/JPY Struggles for conviction ahead of the Fed Minutes release and US CPI tomorrow. The GBP has found legs on the back of hawkish comments from MPC member Katherine Mann. A return to the YTD High on the cards?
Dow Jones Forecast: Market Gains Over 100 Points In a display of resilience, the Dow Jones Industrial Average surged by 0.40%, notching an impressive 134.65-point gain to close at 33,739.30. Simultaneously, the S&P 500 displayed its strength with a 0.52% ascent in the Dow Jones forecast, concluding at 4,358.24. Joining the rally, the Nasdaq Composite, […]
Cable’s pullback extends as the US dollar remains vulnerable. A more dovish tilt from the Fed has let a lot of steam out of the hot greenback
The Euro Rate Soaring Fortunes Against the Dollar In the ever-fluctuating world of global currencies, the euro rate found itself in the spotlight on Wednesday as it appreciated against the US dollar. This surge was influenced by a confluence of events. These include a decrease in Treasury yields following dovish comments from Federal Reserve officials […]
Dollar Stagnation Amidst Fed’s Dovish Signals The buying dollar rate has taken centre stage as the US dollar treads cautiously on the financial tightrope. As the greenback holds steady at a two-week low, market participants eagerly await the release of pivotal inflation data and the minutes from the Federal Reserve’s recent meeting. We delve into […]
China’s Yuan Holds Steady Amidst Dollar Weakness China’s yuan remains resilient in the face of a weakening dollar, defying market expectations. This comes amidst reports of Beijing’s plans for fresh economic stimulus, but concerns linger over the country’s deepening property crisis. The spot yuan is currently hovering around 7.2940, maintaining its stability despite external pressures. […]
How to use calendar spread strategy in the best way? Key Takeaways: A calendar spread uses options or futures with different expiration dates. It’s designed to exploit time decay and market volatility. The strategy can be either neutral, bullish, or bearish. There are two types: Standard and Reverse Calendar Spreads. Have you recently thought about […]
The Bank of England has voiced concerns over the soaring valuations of US technology stocks, citing the current macroeconomic landscape and the surge in interest rates. This commentary underscores the evolving dynamics in global financial markets. The UK stock market stands in stark contrast to its tech-focused counterpart in the United States, particularly the NASDAQ. […]
Special Pricing Ending Soon!