Forex

Our currency strategists this week focused on the US ISM manufacturing PMI data and the Bank of Canada (BOC) monetary policy statement for potential bullish setups.Of the four scenario/price outlook discussions this week, It can be said…

Head of Financial Planning Poria Or Poria: We see the shekel strengthening in the long term. After a sharp decline yesterday, the shekel is rising strongly today…

Sufficient experience in the Forex market may fool some traders into believing that they can completely predict price movements. After all, if you have years of screen time and have dedicated 10,000 hours to developing your analytical…

Our currency strategists this week focused on inflation and GDP data, particularly from Australia and the US, for potential high-quality setups. Of the four scenario/price outlook discussions this week, It can be said that both…

Our currency strategists this week focused on inflation data and flash business surveys, particularly from Canada and the Eurozone for potential high-quality setups. Of the four scenario/price outlook discussions this week, It can be…

Kenyan banks recorded currency losses of about Ksh50 billion in the first half of the year when translating financial statements of regional subsidiaries into Kenyan shillings due to the appreciation of the shilling during the period.…

Forex trading is a hobby you do after work (or maybe during work) and do if you have enough strength to keep your eyes open. You don’t have the trading experience to spend your time on it, but it’s your dream. And it’s a great dream. But…

There are many markets available to traders, each with different purposes. Stock markets are for investing in companies, cryptocurrency markets are for investing in blockchain projects, and so on. But the largest market among them is the…

Our currency strategists this week focused on another round of employment situation updates, this time from Australia and the UK, as potential drivers of short-term opportunities. Of the four scenario/price outlook discussions this week,…

Kenya Re's net profit in the six months to June fell 10 percent to Sh1.06 billion, as foreign exchange losses eroded higher income from reinsurance and local investments. The Nairobi Securities Exchange-listed reinsurer reported a net…