How to Start Forex Trading from Home
How to Start Forex Trading from Home The Forex market stands as the world’s largest financial market, boasting a staggering daily trading volume of $7.5 trillion. Moreover, for aspiring investors, Forex trading offers an enticing opportunity to speculate on currency prices and potentially earn profits. Additionally, the advent of technology has made Forex trading increasingly accessible, allowing traders to operate from the convenience of their homes. In this article, we will outline the essential steps […]
GBP/JPY Surges to a Three-Week High of 182.80-182.85 on Broad JPY Weakness
GBP/JPY Surges to a Three-Week High of 182.80-182.85 on Broad JPY Weakness The GBP/JPY pair has seen a significant rise for the second consecutive day on Monday, reaching a three-week high in the early European trading session. The pair is currently hovering around the 182.80-182.85 region, a surge of over 650 pips from Friday’s lowest point since June 13. This upward trend is largely due to the widespread weak performance of the Japanese Yen (JPY). […]
News and Views Around the Global Markets
News and Views Around the Global Markets The US Treasury market experienced a rally on Friday, triggered by an Employment Cost Index that had a lower-than-anticipated rise in the previous quarter. This, along with a less-than-expected core PCE deflator and a reduced U. of Michigan consumer sentiment, resulted in yields dropping between 2.9 to 6.4 basis points, with short-term bonds outperforming. German yields initially opened higher in alignment with the US but saw the 2-year […]
Pound Sterling Stabilizes as Investors Await BoE’s Next Moves
Pound Sterling Stabilizes as Investors Await BoE’s Next Moves The Pound Sterling (GBP) maintains stability with minimal directional movement as investors closely monitor the monetary policy decisions of the Bank of England (BoE). The GBP/USD pair faces uncertainty, reflecting worries about a deepening recession and the aggressive tightening measures implemented by the UK’s central bank to combat persistent inflation. The BoE is poised to raise interest rates for the fourteenth consecutive time in response to […]