April

It's Friday! 🎉 But before we head into the weekend, here's a quick rundown of the week's featured forex strategies, how price action was affected, and lessons to take away. Forex week setup: GBP/USD - April 16, 2023 GBP/USD 1-hour chart…

the American dollar Alternately (USDIndex at 101.60) as Fedspeak (all five mantras were "inflation is still too high") and fundamental data (existing home sales, leading indicators, Philly Fed and weekly claims) all…

the American dollar Keep spinning (USDIndex at 101.65) hotter UK inflation The data adds to more global concerns that underlying price pressures remain too high and that... beige book It did not provide evidence that…

The dollar is bouncing near a yearly low on the back of increasingly optimistic comments from Federal Reserve officials. dollar The dollar is trading in the middle of the week after finding some important support around…

the American dollar Chill from a two-day hike though Empire State Manufacturing Index, Stores Closed flat and yields (10 years 3.591%) hold on to the gains. Overnight strong Chinese data (gross domestic product He hits…

Trading leveraged products is risky There is now (CME marketwatch) and 83% 25 bps chance feed it Hike in May, from 74% On Friday, mixed US data (significant loss in retail sales, slight beats to industrial production and…

Trading leveraged products is risky the US consumer price index The report was good news for the bulls as it suggests that the FOMC could start to loosen the brakes, although this is unlikely in May (69% chance of another…

Stock trading screens turned green yesterday after it was cooler than expected PPI (-0.5% vs. 0.0) and a larger-than-expected increase in Unemployment claims (239 thousand vs. 228 thousand) in pushing Wall Street for…

we #Stock market closed mixed Once again, Asian markets are firmly in the lead US consumer price index print in 12:30 GMT today. American dollar As has slipped…

Focus on the event: Bank of Canada monetary policy statement When will it be released: April 12, Wednesday: 2:00 PM GMT, 3:00 PM London, 10:00 AM New York, 11:00 PM Tokyo Consensus predictions: The policy interest rate is likely to be…