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Fed’s Jumbo Rate Cut, Market Set To Rattle
Monday, 23 September 2024, 15:45 – US Manufacturing PMI (Sep) The S&P Global US Manufacturing PMI was revised slightly down to 47.9 in August 2024 from a preliminary of 48. The data continued to point to the most marked deterioration in the health of the manufacturing sector so far this year. Production decreased for theContinue Reading
USD/JPY Fell Amid BoJ Rate Hike Expectation
Fundamental Analysis * BoJ Hike Bets: The Japanese yen has gained ground against the dollar as market participants reevaluate their positions, factoring in the likelihood of a future rate hike from the Bank of Japan (BoJ). The economic data released on Friday highlighted that Japan’s Core Consumer Price Index (CPI) surged to a 10-month peak,Continue Reading
Written on September 20, 2024 at 2:19 am
Categories: Trade Of The Day
See the Market Story: Online Charts & Indicators for Forex Trading
Unraveling the intricacies of forex trading often feels like deciphering a foreign language. With many online resources claiming expertise, finding accurate and reliable information can be overwhelming. This guide aims to be your compass through the labyrinth of forex charts and indicators. For novices, traders with degrees in finance, and seasoned traders, our goal isContinue Reading
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