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Key US Data Up Next Today sees a double whammy for US data with both December PPI and Retail Sales due. On the back of weaker-than-forecast US inflation, today’s data is drawing more attention-than-usual. USD has been in decline since those Dec CPI figures were released with traders now anticipating a further pivot from the […]

On Wednesday, the BTC is balancing near 21,278 USD. The bullish mood is still raging over the market, so the pause in buying is is no way suspicious. The buyers are heading for 22,000 USD. The resistance area is between 21,500-22,500 USD. On the whole, the situation is quite benevolent to those who support crypto. […]

The British Pound against the US dollar on Wednesday is ready to keep growing. The current quote is 1.2286 So, Britain presented the first block of interesting macro statistics. The unemployment rate in November did not change, remaining at 3.7%. The number of unemployment claims in December increased to 19.7 thousand from 16.1 thousand. Average […]

BOJ Holds Steady Traders were treated to some late New Year fireworks overnight as the Japanese Yen collapsed across the board in reaction to the latest BOJ meeting. Ahead of the January monetary policy meeting, traders had been increasingly expectant that the BOJ would signal a shift in policy. With the bank having recently lifted […]

Daily Market Outlook, January 18, 2023 BoJ Double Down or Bust The Bank of Japan has once again remained anchored to their easy monetary stance, frustrating bond traders who had been poised to profit from an about turn in Yield Curve Control policy, the Japanese Yen shed 2% as the Nikkei ascended by a similar […]

Can You Recover Money From Forex Scams? Forex trading offers the potential for significant financial gain, however, it also comes with certain risks. These risks are not limited to the choices made during trading, as there are unfortunately always scams and frauds present in the market. As a result, these scams may cause financial loss. […]