Economic indicators play a pivotal role in forex trading by providing traders with data that can influence currency values and trading strategies. These indicators include statistics such as Gross Domestic Product (GDP), inflation rates, employment...
Bitcoin (BTC/USD) Current Market Scenario (April 9, 2025) Bitcoin (BTC) is currently experiencing a period of significant volatility and downward pressure. As of late evening on April 9, 2025 (Pakistan Standard Time), Bitcoin is trading in the range...
The USD/JPY is sitting in a small negative area right now because of the negative data that has been released by the US dollar. Still, it will likely recover in the coming hours since the USD is going to be kept busy with news about the CPI, PPI,...
The British Pound (GBP) experienced significant downside pressure on Wednesday, falling sharply against major currencies as investor sentiment deteriorated following warnings from the Bank of England’s (BoE) Financial Policy Committee (FPC). The FPC...
General Points about NZDUSD: So far, NZDUSD has broken below the 0.5560 level, showing continued pressure from sellers in recent sessions. The morning’s key events, including New Zealand’s Cash Rate announcement and the Reserve Bank of New Zealand’s...