Weekly Market Review: Last Week’s Economic Indicators
Hello traders, and welcome to this week’s edition of our Market Review. Not to make things about me, but it’s my birthday! Nevertheless, the market waits for no one, so let’s get right into the week’s key highlights and upcoming events. Last Week’s Economic Indicators The State of the Markets In chart analysis, the U.S. […]
August Holidays 2023: Insights for Traders
Dear Client,Please be informed,That due to the upcoming Holidays on August 2023,Trading hours will be adjusted as follows: Instrument Name 15th of August 28th of August Tuesday Monday UK100 Spot Closed UK Shares Closed COCOA & COFFEE Futures Late Open 14:30 USDCLP Closed Lastly, please consider all the risks associated with trading. You may refer […]
The Fundamental Journey: Trading Between Key Levels
Welcome traders! Today we’re going to delve into a bedrock concept in trading: the art and science of trading between key levels. This foundational idea underpins a great deal of trading strategy, and understanding it is vital for any trader looking to make informed, strategic decisions. In every market across the globe – forex, commodities, […]
To Invest or Not to Invest: Tesla Stock?
Incorporating the latest technology and forward-thinking design principles, Tesla Corporation has emerged as a dominant force in the world of electric vehicles (EVs) and green energy. Established nearly two decades ago by visionary entrepreneur Elon Musk (alongside a team of like-minded innovators), the American-based tech firm has garnered widespread recognition for its groundbreaking products, which […]
The Aftermath of the FED: Navigating Market Reactions
Good morning Traders! In yesterday’s press conference, which followed another rate increase by the FED of 0.25%, the FED chair Jerome Powell, has hinted that we just may see a pause to the FED’s aggressive tightening policy. USDCHF This has seen the US dollar weakening against many of it’s trading partners, and the move on […]
Unlock Trading Potential: Reviewing Your Trades
Hi traders! Welcome traders! In the ever-changing landscape of the financial markets, it’s essential to continually evolve and adapt to maintain a winning edge. One often overlooked, yet highly effective practice that can help you stay ahead is reviewing your trades. In this article, we will delve into the importance of trade reviews and discuss […]
Examining the Temporary Pause in the U.K.’s Bullish FTSE Index
Good morning Traders! I’ve been actively monitoring the markets since 2007, and it’s most unusual to see the U.K.’s FTSE index, or Germany’s DAX index behave as bullishly as they are currently, especially when they historically look to the U.S.’s indices for direction. This last year has seen the FTSE handle a major market correction […]
Bank Of Canada Rates Decision
Good morning Traders! Today we have the Bank of Canada interest rates decision, and the market is expecting aslower rate of increase, and a smaller interest rates hike of 0.25% which will take theofficial rate to 4.5% EUR/CAD If the rate decision and the follow up press conference will be viewed by the market asbearish […]
FXGlobe Weekly Market Insights: From Inflation to GDP Boosts
FXGlobe’s weekly market insights provide an overview of the key economic events and market drivers that are likely to impact the markets in the coming week.
Weekly Market Recap: An Analysis by FXGlobe.com
Welcome Traders, The past week has been brimming with market-moving data, leaving traders on their toes as they navigated through the highs and lows. Here’s a comprehensive recap. Economic Indicators and Market News In Canada, the CPI month-over-month came in at 0.4%, surpassing the forecast of 0.2%. Similarly, the Median CPI year-over-year outdid expectations, coming […]