Forex News

Key information updates for profitable trading

Risk on is back on market
Risk on is back on market

The risk-on is back on the market as investors focus on the projections for a stronger-than-expected economic rebound and the Fed’s pledge to prolong support for the rest of the year.

Rise of NZD, dovish Fed, and stocks indices' sell-off
Rise of NZD, dovish Fed, and stocks indices' sell-off

Stock indices S&P 500 and Nasdaq are falling for seven days in a row. The New Zealand dollar skyrocketed to almost two-years highs. Fed’s Powell held a meeting yesterday and said that the central bank wouldn’t tight its easing policy anytime soon.

Bitcoin faces risks as traders lose faith in Tether
Bitcoin faces risks as traders lose faith in Tether

Elon Musk tweeted that the BTC and the ETH are too high. JPMorgan claimed that the loss of confidence in Tether put bitcoin at risk to fall in the short term, but still set its long-term target for BTC at $146 000.

RBNZ to push the NZD?
RBNZ to push the NZD?

On Wednesday, February 24, at 03:00 MT time, RBNZ will provide the Rate Statement and Press Conference.

The GBP needs support
The GBP needs support

UK will publish the unemployment rate on Tuesday, February 23, at 09:00 MT time.

Facebook news and optimistic US sales
Facebook news and optimistic US sales

Facebook blocked users in Australia from finding or sharing news. US retail sales came out much better than was expected. Crude oil keeps rising.

Bitcoin crosses $50,000!
Bitcoin crosses $50,000!

Another all-time high has juts been reached by the famous crypto asset. What next? $100,000?

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