Forex Trading News And Course

USD Wobbles but Outlook Brightens, EUR/USD & USD/JPY Embark on Divergent Trends

The U.S. dollar wobbled on Wednesday, despite a rise in U.S. Treasury yields, but its outlook is turning more positive given shifting monetary policy expectations.

By WeRaven

June 7, 2023

Analyst Articles

NZDUSD moves lower after earlier move higher runs out steam

June 7, 2023

The NZDUSD is moving lower after an earlier move higher in the early New York session ran out of steam. The high price reached the …

Breaking News

Atlanta Fed GDPNow revised to 2.2% from 2.0% last

June 7, 2023

The Atlanta for GDPNow estimate for Q2 growth was revised to 2.2% from 2.0% from their last release on June 1. The revision comes after …

Analyst Articles

Dollar fall in the US session reverses course quickly

June 7, 2023

The US dollar moved lower in early US trading, but has hit a wall and reversed back to the downside erasing most of the gains. …

Breaking News

Crypto is Gen Z’s most common investment. That may be risky, experts said

June 7, 2023

Crypto is the predominant investment among young investors, a report found. It generally shouldn’t be more than a sliver of one’s portfolio, experts say.

Market News

Bank of Canada Comes Out Swinging with 25bps Hike, USD/CAD Slides

June 7, 2023

The BoC have followed the RBA and surprised with a 25bps hike. The Bank did remove language hinting at further hikes if needed. Is it …

Analyst Articles

USDCAD moves lower and tests 38.2% retracement/swing area after Bank of Canada rate hike

June 7, 2023

The Bank of Canada raised rates by 25 basis points to 4.75% from 4.5% ending their “conditional pause” period. The USDCAD moved lower after the …

Breaking News

Full statement from the Bank of Canada June 2023 rate decision. Hike 25 basis points

June 7, 2023

The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at …

Analyst Articles

Bank of Canada ahead. Some levels in play.

June 7, 2023

Bank of Canada rate decision ahead. This article was written by Greg Michalowski at www.forexlive.com. Source

Market News

Copper Price Latest: Weak Chinese Trade Data Trims Copper’s Recent Rally

June 7, 2023

Chinese exports unexpectedly weakened in May hitting the world’s 2nd largest economies’ trade balance hard. With Chinese growth struggling, copper may find it difficult to …

Analyst Articles

USDJPY tries to extend higher but has trouble

June 7, 2023

The USDJPY has tried to move to the upside but needs to get above its 200-hour moving average at 139.739. The 100-hour moving average of …

The family office for Mark Zuckerberg and Jack Dorsey backs French rival to Microsoft Excel

Gold Prices at Risk of Freefall Below the 100-Day MA

Dow and CAC40 Move up, but Nasdaq 100 Struggles

GBP/USD Price Forecast: UK Housing Prices a Sign of Future Pound Weakness?

USD Wobbles but Outlook Brightens, EUR/USD & USD/JPY Embark on Divergent Trends

NZDUSD moves lower after earlier move higher runs out steam

Atlanta Fed GDPNow revised to 2.2% from 2.0% last

Dollar fall in the US session reverses course quickly

Crypto is Gen Z’s most common investment. That may be risky, experts said

Bank of Canada Comes Out Swinging with 25bps Hike, USD/CAD Slides

USDCAD moves lower and tests 38.2% retracement/swing area after Bank of Canada rate hike

Full statement from the Bank of Canada June 2023 rate decision. Hike 25 basis points

Bank of Canada ahead. Some levels in play.

Copper Price Latest: Weak Chinese Trade Data Trims Copper’s Recent Rally

USDJPY tries to extend higher but has trouble