Weekly Forex Market Outlook (23-27 September): Key Events and What Traders Should Watch
As we head into the week of September 23-27, markets are gearing up for a series of important events that are expected to drive volatility…
Category: Forex Education
EUR/USD Dips While the U.S. Dollar Struggles to Hold Highs: What It Means for Traders
The EUR/USD currency pair has experienced a slight dip recently, but despite this movement, the U.S. dollar has struggled to hold onto its highs. This…
GBP/USD Hits 2.5-Year High: What Traders Should Know About the Bank of England’s Rate Decision
The British pound (GBP) has surged to its highest level in 2.5 years, reaching 1.3330 against the U.S. dollar (USD), following a pivotal rate decision…
EUR/USD Seesaws Amid Volatility After Fed Rate Cut: What Traders Should Know
The EUR/USD pair has experienced significant volatility following the U.S. Federal Reserve’s decision to trim interest rates by half a point. As traders digest the…
GBP/USD Nears 2024 High: What’s Driving Sterling’s Strength?
The British pound (GBP) is approaching its 2024 high against the U.S. dollar (USD), largely fueled by broader dollar weakness. As global markets react to…
USD/JPY Hits New 2024 Low: What Traders Should Know About the Double Bottom Formation
The USD/JPY pair recently fell to a fresh low for 2024, nearing a significant technical formation known as the double bottom. This price action has…
Sterling Hits Three-Week Low: What Shifting U.S. Rate Expectations Mean for Traders
The British pound (GBP) recently dropped to a three-week low, largely driven by shifting expectations surrounding U.S. interest rates. As traders assess the Federal Reserve’s…
Dollar Strengthens After U.S. Payrolls Report: What This Means for Traders
The U.S. dollar strengthened after the release of August’s payrolls report, which painted a mixed picture of the U.S. economy. The report showed that while…
USD/JPY: Japanese Yen Logs Fresh Gains as Bank of Japan Hints at More Rate Hikes
The USD/JPY currency pair has been making waves recently as the Japanese yen (JPY) strengthens against the U.S. dollar (USD). This newfound momentum follows signals…
USD Gains Ground Against EUR as Global Markets Brace for Volatility in September
As September kicks off, the EUR/USD pair is under pressure, with the U.S. dollar gaining ground against the euro. The start of the month has…