Despite the lack of economic releases this week as we kick off the holiday season, the main driver for the markets was the latest FED meeting minutes released on Wednesday which sent the US Dollar lower again.Investors were expecting the FED to continue its series of interest rates hikes but at a slower pace, and …
Following the recent drop in the U.S Dollar, the greenback managed to bounce by the end of last week, extending its move into yesterday trading. In the FX market, there are few important economic releases to focus on this week, however, on Wednesday, all eyes will be turned on the Reserve Bank of New Zealand …
Certainly, many traders have heard about fundamental analysis at least once in the past, when searching about the stock market. Why is that? Simply because Fundamental analysis is very popular among market participants, and it is considered as one of the most used approaches when dealing with financial markets. Moreover, Fundamental analysis is not dedicated …
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The US Dollar is trying to recover from a 4-week losing streak fueled by a slowdown in US inflation.With the lack of important economic releases for the rest of the week, the greenback is set for a bounce on the back of profit taking.In the European trading session, all eyes will be turned on the …
The US Dollar suffered heavy selling last week, after soft inflation data that came against expectations. Despite the tone used by FED chairman Powell during the latest FOMC press conference, after raising interest rates by 75bps to reach highest since 2008, investors are actively looking for changes in monetary policy path to drive their investment …
Currency pairs are not equal, as some groups are traded much more than others, and the major pairs are on the throne of these currencies, which are currencies that are traded all over the world against the US dollar, whether it is a base currency or a counter currency, and the other party is one …