Daily Forex Analysis – 3rd August 2021
USD Overview (03 August 2021) Yesterday, USD weakened against most major currencies except GBP and CAD. The ISM Manufacturing PMI data (Actual: 59.5, Forecast: […]
Risk appetite rebounds
Market movers today We start the week in a fairly quiet fashion, with final manufacturing PMIs for July released across a range of European countries. […]
Australian Dollar at Risk on Delta Variant, China Tensions
Cycle-sensitive Australian Dollar at risk as clouds of doubt brew over global recovery COVID-19 Delta variant may shake up markets as state-enforced lockdowns are imposed […]
USD/CNH regains $6.4700 on dismal China PMI data, bond yields
USD/CNH refreshes intraday high to $6.4726, up 0.11% intraday around $6.4710 by the press time of early Monday. In doing so, the Chinese currency (CNH) […]
EUR/USD Weekly Forecast: Could the NFP be a game-changer?
● The US Federal Reserve disappointed markets by showing no rush to taper. ● The US economy is expected to have added roughly 1 million […]
Trading212:Trading 212 Receives £13.75 Million in Fresh Cash Injection
Trading 212 UK Limited, which is an FCA-regulated online broker, has raised £13.75 million in capital with the allotment of new company shares. According to […]
5 Factors that Will Affect Nifty, Sensex this Week
Indian stock markets have closed in the negative for the last two consecutive weeks. The markets will have to watch out for these five factors […]
A disappointing end to the week
Stock markets have turned negative Stock markets have turned negative on the final trading day of the week, with Europe tracking Asia lower and US […]
Must Know: Three Forex Brokers Saw Changes in Their Licenses Recently!
Forex brokers whose licenses have changed recently are listed as following for your reference. Please protect yourself from investment risks. 1. HX8888: It claims to […]
Gold Weekly Forecast: XAU/USD bulls hesitate as focus shift to NFP
After closing the previous week in the negative territory, gold stayed on the back foot on Monday and dropped below $1,800. However, the subdued market […]