Forex News

Key information updates for profitable trading

WTI oil: too much for bulls?
WTI oil: too much for bulls?

Oil plunged several percent on Thursday. They say, the bullish rally was just too aggressive. Let's trade the dip then!

Dovish Fed pressed down USD
Dovish Fed pressed down USD

The Fed pledged to keep near-zero rates at least through 2023. The dovish message pressed down the US dollar. As a result, EUR/USD and GBP/USD surged. 

Trade ideas ahead of Fed
Trade ideas ahead of Fed

The market optimism waned ahead of the Fed meeting: stock indices dropped, gold and the USD rose.

Will the GBP stay steady?
Will the GBP stay steady?

Bank of England announces the rate and the monetary policy report on March 18, at 14:00 MT time.

USD strengthens, S&P 500 takes a break on Friday
USD strengthens, S&P 500 takes a break on Friday

Yesterday, S&P surged to the all-time high of 3960, driven by Biden’s $1.9 trillion relief bill. Today the stock index has taken a break. Meanwhile, the US dollar is edging higher today, pressing down its peers.

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Don’t waste your time – keep track of how NFP affects the US dollar and profit!

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