Latest Market News

EURUSD, “Euro vs US Dollar” The currency pair completed an impulse of decline to 1.0460. Today a consolidation range is forming around this level. An escape downwards and further decline to 1.0388 is expected. After this level is reached, growth to 1.0460 may begin. GBPUSD, “Great Britain Pound vs US Dollar” The currency pair continues […]

The BTC is being dragged down again. On Wednesday, the leading crypto is declining to 16,827 USD. And while yesterday there was a good chance to return above the resistance level of 17,200 USD, today this scenario just has no reason to be considered realistic. There is no correlation with the US stock markets, neither […]

The market major this Wednesday declined and took a pause. The current quote is 1.0450. EURUSD remains very sensitive to the turbulence of market moods. On Wednesday, there are minimum important statistics, so consolidation may take time. The main market sentiment is uncertainty. There is still a week left till the meeting of the US […]

Aussie Rates Hit 10-yr Highs The RBA continued with its tightening program overnight. The December rates meeting saw the bank pressing ahead with a further .25% rate increase, as expected. Additionally, the bank signalled that further hikes would likely be necessary given the inflationary backdrop, warning that the path of monetary policy was not set […]

The difference between ECN and STP brokers If you are searching for a broker it is easy to get overwhelmed about the difference between ECN and STP Brokers. Here will cover the difference between ECN and STP brokers so you can choose the best ecn or stp forex broker for you. What’s the difference between […]

The RBA delivered a 25 bp rate hike and indicated that it plans to deliver at least a 50 bp tightening in 2023 driving terminal rate to 3.6%. There were no bullish implications for AUD as the RBA’s decision was priced in, with market participants focusing on the recession risk in the economy of key […]