August 4 2022 🕓 3 min
GBP/USD drops after dovish BoE decision
The Bank of England hiked rates to 1.75%, but the Pound declined anyways as the central bank indicated an incoming recession.
Tag: trading
August 3 2022 🕓 3 min
DAX flies after miserable EU data
It looks like investors are ignoring mounting economic problems in Germany, buying the German DAX index.
August 2 2022 🕓 3 min
AUD/USD craters after RBA hikes rates
A 50 bps rate hike failed to spur any bullish momentum in the Australian dollar and it cratered instead.
August 1 2022 🕓 3 min
EUR/USD advances despite miserable German data
This morning, German retail sales came in at the lowest level ever recorded, while the manufacturing PMI in the euro area remained in the contraction range.
July 21 2022 🕓 3 min
Is USD/RUB ready to skyrocket again?
The Russian war caused massive volatility in the USD/RUB currency pair, and it is likely to skyrocket again.
July 14 2022 🕓 3 min
SP500 remains bearish after massive US inflation
The bearish remains intact as the market expects a 1% rate increase at the Fed's July meeting.
July 13 2022 🕓 3 min
NZD/USD unimpressed by a massive rate hike
There was no volatility following the latest RBNZ decision as traders are likely getting ready for today's US inflation data.
July 12 2022 🕓 3 min
EUR/USD collapses to parity as EU faces economic catastrophe
The euro just keeps on dropping as investors are selling the single currency due to several economic issues.
July 11 2022 🕓 3 min
AUD/USD craters, weighed down by negative sentiment
Sentiment was bearish on Monday as investors are expecting a massive global recession in the following months.
July 8 2022 🕓 3 min
GBP/USD hovers near 1.20, awaits US jobs market update
Volatility could be elevated during the US session as investors will pay attention to the US labor market data.
July 8 2022 🕓 3 min
Dow Jones surges above short-term resistance
It looks like today's session will also be bullish as the oversold conditions in the markets could produce a more significant relief rally.
July 6 2022 🕓 3 min
USD/JPY stays strong despite a plunge in yields
USD/JPY has so far ignored recent plunge in bond yields as there are really no reasons to buy JPY right now.