THE MONEY MARKET STOCK EXCHANGE The money market and stock exchange are two vital components of the financial system, often confused with each other. Here are the differences: Money Market: - Short-term focus: Instruments have short maturities,...
AUD/USD Drops to Around 0.6580 in Early Asian Trading: Early on Friday in the Asian trading session, the Australian Dollar (AUD) fell against the US Dollar (USD), with the exchange rate settling near 0.6585. Several important factors influenced this...
Retrace waves in Elliott wave theory Furthermore, wave probes show perpendicular waves as opposed to those occurring in perceptual and perpendicular wave systems. These are the main ones: There are 2 waves and 4 waves in the impulse wave. Wave B is...
USD/JPY Forecast Good Morning Guys! Last week was not too good for the sellers of USD/JPY. They lost up to 50 pips and raced at 156.78 zone. However, this week have some news events related to JPY MOntary Policy and BOJ's Rate Statement. So, the...
The GBP/USD currency pair has shown remarkable strength recently, capturing the attention of traders and analysts alike. Over the past month, the pair has demonstrated a consistent upward trajectory, culminating in a new two-month high. This...