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U.S. ISM Non-Manufacturing Purchasing Managers Index (PMI) was published higher than the forecasts
The Institute for Supply Management (ISM) Non-Manufacturing Purchasing Managers’ Index (PMI), also known as the ISM Services PMI, is a business report which is calculated as an indicator of the overall health of the non-manufacturing economy. These
US Non-Farm Payroll (NFP) Report; Dec 5th 2022
The employment report has always been one of the three most significant reports of the United States and the forex market. This data assesses the number of people employed in the past month other than in the agricultural industry, government employees,
Weekly Report of Canada Gross Domestic Product (GDP); Dec 5th 2022
Gross Domestic Product (GDP) measures the annual changes in the inflation-adjusted value of all goods and services produced in the economy. This is the most extensive measure of economic activity and the primary indicator of economic health. Canada releases
Analysis of the EUR/USD Currency Pair with a Focus on US Labor Market Data
The dollar index fell by 5% last month and at the same time, it dropped by more than 10% against the euro in the same period. The pair was trading at 0.9541 on October 28 and continued to hit a highest level of 1.0544 on December 2. Federal Reserve’s
Weekly Australia CPI Report; Dec 5th 2022
The Consumer Price Index measures the change in prices of goods and services from the consumer’s perspective. This index is an important market report for measuring consumer purchasing power and inflation that can affect the currency in question in two
Weekly Forex Market Reports; Dec 5th 2022
what you read here:1 OPEC Plus2 RBA3 Boc4 Economic data Following Powell’s speech at the Brookings Institution on Wednesday we saw sharp volatility in the market last week while US non-farm payrolls were released on Friday. Next week’s news begins
What is the Most Profitable Trading Method for Beginners in the Forex Market?
what you read here:1 6 General Principles for Beginners to Trade Successfully1.1 1. All news, events and fundamental analysis eventually lead to price changes1.2 2. All financial markets have three trends1.3 3. All Processes have three parts;1.4 4. To Confirm
3 Profitable Forex Strategies for Beginner Traders
what you read here:1 Why Should We Use a Trading Strategy?1.1 1. Price Action Strategy1.2 2. Ichimoku Strategy; is it Suitable for Trading Beginners?1.3 3. Getting to Know the Elliott Wave Strategy2 Conclusion What is a forex trading strategy? A trading
The Best Forex Trading Currency Pairs for Beginners 2022
what you read here:1 The difference between the forex market and the stock market2 Introduction of various currency pairs for trading for beginners2.1 Introducing Major Pairs2.2 Getting to know the Cross Pairs2.3 Explanation of the exotic currency pairs3
The possibility of a further increase in U.S. interest rates, July 27, 2022
One of the most important events this week is undoubtedly the Federal Reserve meeting. The Federal Reserve futures contract shows that we will have the possibility of an increase in interest rates to prevent inflation in the United States, and we will
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