
News is always essential. Especially when we speak about the FOREX market. What is the most important information for today? Let's see together.
News is always essential. Especially when we speak about the FOREX market. What is the most important information for today? Let's see together.
Forex, Crypto, Metals, and Stocks News for March 29. Here’s what you need to know for today:
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
We prepared an outlook of major events of this week. Check it and be ready!
As we await the publication of the Nonfarm payrolls on the 3rd of March, the technical side of things does not seem to favor the US Dollar. Let's see how the Dollar looks up from the technical side of things.
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
As you must already know, the direction of Gold is mainly dependent on the Price action of DXY (US Dollar index). So first, we take a look at the US Dollar index.
The US Dollar has been remarkably sluggish for the past few weeks despite being within a distinct Demand zone…
Happy Wednesday, traders! We went through the Internet and found the best news for you, take a look!
A comparative examination of the strength of the US-Dollar often gives tangible insight into the direction of Gold (XAUUSD). The chart above indicates the expectation of a bullish price reaction from the demand zone.
Yesterday, the release of the US Inflation rate came out lower than the forecasts (0.1% vs. 0.3%). The soft figures pulled the US dollar index down by almost 1%. At the same time, S&P500, EURUSD, and gold strengthened. Today, the Fed will hold a meeting at 21:00 GMT+3. The Federal Reserve is widely expected to raise the interest rate by 50 basis points.
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Don’t waste your time – keep track of how NFP affects the US dollar and profit!