Archives by Month:

Archives by Year:

Two Trades To Watch: GBP/USD, USD/JPY Forecast – Wednesday, June 12

Two Trades To Watch: GBP/USD, USD/JPY Forecast – Wednesday, June 12

Image Source: Unsplash  GBP/USD unchanged as the UK economic recovery stalls UK GDP 0% MoM in April vs 0.4% in March Weaker GDP supports a BoE rate cut in August GBP/USD continues to trade within the 1.27- 1.28 range GBP/USD is unchanged after data showed that the UK economy stalled in April with a GDP of […]
USD/CHF Remains Timid Around 0.8950 Due To Investors’ Caution Ahead Of FOMC Decision

USD/CHF Remains Timid Around 0.8950 Due To Investors’ Caution Ahead Of FOMC Decision

USD/CHF moves sideways with low liquidity, trading around 0.8970 during the early European session on Wednesday. The Swiss Franc (CHF) receives support against the US Dollar (USD) as the Swiss National Bank (SNB) is unlikely to implement an interest rate cut in June. Previously, SNB Chairman Thomas J. Jordan warned of minor upside risks to inflation […]
Sensex Today Trades Higher; Nifty Midcap Hits Record High

Sensex Today Trades Higher; Nifty Midcap Hits Record High

Asian stocks shrugged off a positive US session and opened lower as a double-whammy of US inflation data and the Federal Reserve decision landing later in the day kept traders on edge.Equities slipped in Japan and Australia, while those in South Korea climbed.The US stock market recorded a mixed close on Tuesday, albeit with the […]
GBP/JPY Forecast: Continues To Press The Upside

GBP/JPY Forecast: Continues To Press The Upside

The British pound initially rallied during the trading session on Tuesday to break above the crucial ¥200 level, but it has also given back some of those gains as it shows that we are going to have quite a bit of noise in this market. That being said, I think this is a situation where […]
MetaMask rolls out native Ethereum staking in its wallet

MetaMask rolls out native Ethereum staking in its wallet

MetaMask announced today its Pooled Staking function, enabling users to stake any amount of Ether (ETH) and earn rewards natively on the wallet. According to the announcement, this new feature from Consensys allows users to participate in the broader Ethereum’s security, previously limited to those with 32 ETH or more. “With Pooled Staking, MetaMask users […]
These 6 Companies Are The Future Of Semiconductor Growth In Europe

These 6 Companies Are The Future Of Semiconductor Growth In Europe

Europe is a notable market within the global semiconductor industry, leading in research and development, advanced materials, and manufacturing equipment with a current global market share of 10% which it expects to double by 2030. Below are the 6 largest semiconductor companies headquartered in Europe that trade on a North American stock exchange, listed in descending order […]
JPY To Make A Comeback? Japan Posts Strong PPI Figures For May

JPY To Make A Comeback? Japan Posts Strong PPI Figures For May

 Image Source: Pixabay   This morning, Japan announced better-than-expected Producer Price Index numbers for May. It is thought that the figures, which showed a 0.3% and 0.4% rise, will boost the JPY. The USD/JPY has been on a four day winning streak, with the JPY weakening against the dollar steadily. It’s been a difficult past month […]
EUR/GBP Extends Downside Below 0.8450 Despite UK Economy Stalls In April

EUR/GBP Extends Downside Below 0.8450 Despite UK Economy Stalls In April

 Image Source: Unsplash   EUR/GBP trades in negative territory for the fourth consecutive day near 0.8430 on Wednesday.  UK GDP arrived at 0% in April after expanding 0.4% in March, in line with the consensus. German HICP figure rose 2.8% YoY in May, compared to the previous reading and the estimation of 2.8%. The EUR/GBP cross […]
Gold Forecast: Continues To See Support In The Same Area Ahead Of FOMC

Gold Forecast: Continues To See Support In The Same Area Ahead Of FOMC

You can see that the gold market initially fell during the trading session, but it does seem to be catching its support a little bit as the Americans step on board. And it’ll be interesting to see how this plays out, mainly due to the fact that it had plunged so drastically before due to […]
FX Daily: Powell Press Conference To Keep Dollar Gains In Check

FX Daily: Powell Press Conference To Keep Dollar Gains In Check

Image Source: Unsplash  It’s a big day for market-moving US events. We get to see the release of the May CPI figures and also later in the day will receive a new FOMC statement and new Fed economic projections. We will also hear from Fed Chair Jerome Powell. He’s typically adopted quite a dovish tone at these FOMC press conferences […]