After watching this video, you will realize that trading is the best option to change your life!…
Morning Forex report: February 7
On the daily chart, we can see a slight fall of the Kiwi. Mixed figures of Employment change and Unemployment rate that were announced late in evening yesterday affected the currency pair but not so much. Traders are on alert, waiting for the monetary policy statement at 22:00 MT time.
Despite poor wage growth in Japan compared to previous figures, that means the continuation of the loose monetary policy in Japan, USD/JPY pair is still falling. Maybe traders decided that the actual data better than forecast is more important than actual worse than previous one.
In spite of the positive prospects of commodities, the Australian dollar is dropping, a slight decline of Chinese stocks contributed to it.
Canadian negative PMI made the Canadian dollar drop. Canadian purchasing managers poorly rated the economic health.
Pound/Dollar pair remains stable while the euro is losing its positions against the dollar again.
Despite Jerome's Powell hawkish speech, the greenback fell on Tuesday as investors returned to investment in risk assets…
In this video, we discuss the possible scenarios of prices movement after the FED meetings tomorrow!…
Although the last week was intense, this one may be more dynamic and volatile. After the FOMC meeting and controversial decisions from the Bank of England, we saw a historical pound decrease, and the gold plunge. And there’s even more for you.
After the US CPI last week came out above the forecast, traders started expecting a 75-basis point rate hike…
In this video, we will talk about the potential change of a trend in the euro, another stock rally amid a global downtrend, gold prospects, and news that shakes the world right now. It’ll be a helpful video you don’t want to miss.