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Forex
What is NFP and how does it affect the Forex market?
NFP is the acronym for the Nonfarm Payrolls report, a compilation of data reflecting the employment situation in the United States (US). It shows the total…
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Australia’s NAB business confidence improves, but profitability weakens
Australia’s NAB Business Confidence rose from -7 to -4 in Q4, reflecting a slight improvement in sentiment. However, Business Conditions remained unchanged at 3, as trading…
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Scam Alert: Exposing A Forex Fraud Network
28 January 2025, Geneva: Swiss-based Athena Intelligence has uncovered a sprawling forex fraud network which reveals links to Qiwi Enterprise Solutions, an Israeli company…
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Fed’s Jefferson and Daly signal no urgency for rate cuts
Fed Vice Chair Philip Jefferson reaffirmed the cautious approach to policy easing, stating that while a “gradual reduction” in monetary policy restraint towards neutral…
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USD/CNH Chart Sees Spike in Volatility Due to Tariffs
In response to the Trump administration’s 10% tariff on Chinese goods, Beijing vowed to challenge the decision at the World Trade Organization.
Moreover, Chinese authorities…
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Fedspeak and US jobs data in the spotlight
The US Dollar kicked off the week on a strong note as market participants assessed the implementation of US tariffs over the weekend, while investors should…
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Unimoni Brings Foreign Exchange and Travel Solutions Closer with Its Expansive
300+ Branches and 15,000+ Agent Locations to Meet Customers' Needs KOCHI, India, Feb. 3, 2025 /PRNewswire/ -- Unimoni , a leader in the foreign exchange and travel service!-->!-->!-->…
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Foreign Exchange Market to grow by USD 582 Billion (2025-2029), driven by
NEW YORK, Feb. 2, 2025 /PRNewswire/ -- Report with market evolution powered by AI - The global foreign exchange market size is estimated to grow by USD…
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Weekly Pairs in Focus – February 02 (Charts)
Created on February 02, 2025 SilverSilver has initially fallen during the course of the previous trading week but has also seen a complete turnaround as traders are now…
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AUD/USD Weekly Forecast: RBA Rate Cut Speculation Grows
The Fed kept rates unchanged on Wednesday.
Trump emphasized his plans to impose tariffs on Canada and Mexico.
Australia’s inflation came in softer than expected.…
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