Why Practicing in a Demo Account Is Necessary for Becoming an Expert Forex Trader The foreign exchange (Forex) market is the largest and most liquid financial market in the world. Every day, trillions of dollars are traded by institutions, banks,...
GDP reports are a foundational element in fundamental forex analysis. They provide valuable insight into a country's economic health and influence investor expectations, interest rates, and market sentiment — all of which can move currency prices...
The People's Bank of China (PBoC) is expected to implement an interest rate cut at an appropriate time this year—a move that could provide a much-needed boost to Chinese demand. The currency pair extended its gains against the U.S. Dollar (USD) for...
USD/CAD Market Analysis The current condition of the USDCAD currency pair still looks slowly bearish, since the market opened at the beginning of the month the price has dropped below the Simple Moving Average 60 indicator in yellow, giving an...
The U.S. dollar gained traction against major counterparts as the Federal Reserve maintained its benchmark interest rate within the 4.25%–4.50% range, aligning with market expectations. In a post-meeting press conference, Fed Chair Jerome Powell...
