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UK PMI data indicates a solid recovery, leading to GBP/USD rally
author-avatar Alice Scott
Forex, News
March 27, 2023
21 Feb 2023

UK PMI data indicates a solid recovery, leading to GBP/USD rally

The S&P Global/CIPS UK Manufacturing Flash PMI increased to 49.2 in February 2023 from 47 in January, beating market forecasts of 47.5, preliminary estimates showed. This marks a positive change for the manufacturing industry, which has been expe...
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Asian Currencies Tumble as Dollar Soars
author-avatar Alice Scott
Forex, News
March 27, 2023
17 Feb 2023

Asian Currencies Tumble as Dollar Soars

The dollar surged to a six-week high against a basket of currencies, while most Asian currencies fell on Friday as hawkish comments from Federal Reserve officials and stronger-than-expected inflation readings raised expectations of more interest rate...
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Asian Currencies Mixed as China Plans More Spending to Boost Economy
author-avatar Alice Scott
Forex, News
March 27, 2023
16 Feb 2023

Asian Currencies Mixed as China Plans More Spending to Boost Economy

Most Asian currencies remained largely unchanged on Thursday despite China announcing additional measures to bolster its economic growth. The Chinese yuan rose by 0.2% after the People's Bank announced its plans to support the property market and inc...
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EUR/USD faces bearish pressure as double top formation emerges
author-avatar Alice Scott
Analysis
March 27, 2023
16 Feb 2023

EUR/USD faces bearish pressure as double top formation emerges

The euro extended its losses against the US dollar on Wednesday as the greenback gathered strength across the board. EUR/USD lost 0.6% to 1.0670, an important technical level that has acted as a solid support on several occasions over the past few we...
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USD/CAD Seesaws Ahead of Key US CPI Data Amid Mixed Clues
author-avatar Alice Scott
Forex
March 27, 2023
12 Feb 2023

USD/CAD Seesaws Ahead of Key US CPI Data Amid Mixed Clues

Introduction The USD/CAD pair is experiencing a consolidation phase in the mid-1.3300s during the early hours of Monday’s Asian session. The Loonie pair had fallen the most in five weeks the previous day, owing to a strong Canada jobs report that jo...
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The Pulse of the Market: Understanding Sentiment Analysis
author-avatar Alice Scott
Education, TRADING AND INVESTING
March 27, 2023
12 Feb 2023

The Pulse of the Market: Understanding Sentiment Analysis

Sentiment analysis is a powerful tool in the world of trading and investing, providing valuable insight into the emotions and opinions of market participants. By understanding market sentiment, traders and investors can make informed decisions about ...
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Master the Art of Trading: Unveiling the Secret to Identifying Key Support and Resistance Levels
author-avatar Alice Scott
Education, Support & Resistance
March 27, 2023
12 Feb 2023

Master the Art of Trading: Unveiling the Secret to Identifying Key Support and Resistance Levels

Trading in the stock market can be a lucrative opportunity to grow your wealth, but it also comes with its fair share of risks. Identifying key levels of support and resistance can help traders make informed decisions about buying and selling. Tec...
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The Currency Connection: Navigating the Intersection of Macroeconomic Events and Exchange Rates
author-avatar Alice Scott
Education, Forex
March 27, 2023
12 Feb 2023

The Currency Connection: Navigating the Intersection of Macroeconomic Events and Exchange Rates

Introduction The currency exchange market is one of the largest and most liquid financial markets in the world. It enables international trade and investment, and exchange rates--the value of one currency in relation to another--fluctuates due to ma...
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Bonds 101: Navigating the World of Bond Investing and Evaluating Credit Risk
author-avatar Alice Scott
Bonds, Education
March 27, 2023
11 Feb 2023

Bonds 101: Navigating the World of Bond Investing and Evaluating Credit Risk

Introduction: Bonds are an important part of any investment portfolio, offering investors a way to diversify their holdings and potentially earn a steady stream of income. However, bonds can also be complex and carry varying levels of risk. It is im...
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Unleashing the Power of Financial Statements: A Guide to Stock Analysis
author-avatar Alice Scott
Analysis, Education
March 27, 2023
10 Feb 2023

Unleashing the Power of Financial Statements: A Guide to Stock Analysis

To analyze stocks and make informed decisions about whether to buy or sell, investors need to understand the financial health of a company. Financial statements reveal a company's revenue, expenses, assets, and liabilities, as well as its cash flow. ...
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Mastering Your Emotions: A Guide to Overcoming Fear and Greed in Trading and Investing
author-avatar Alice Scott
Education, Stocks
March 27, 2023
10 Feb 2023

Mastering Your Emotions: A Guide to Overcoming Fear and Greed in Trading and Investing

Trading and investing are not just about having a solid strategy or doing research. It's also about managing your emotions and avoiding common psychological traps that can impact your decisions. Fear and greed are two of the most powerful and dangero...
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Navigating the World of Trading: Understanding Support and Resistance
author-avatar Andrew Johnson
Education, Support & Resistance
March 28, 2023
03 Feb 2023

Navigating the World of Trading: Understanding Support and Resistance

The financial markets can be a complex and confusing world for those who are new to trading. One of the most important concepts in trading is support and resistance. Support and resistance refer to certain price levels that can either prevent an asse...
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