Forex trading has always been a complex and dynamic field, making it difficult for traders to make informed decisions about market trends. Sentiment analysis–the study of public opinion as expressed through social media and news–can be used to help traders make better-informed decisions, however. In this article, we will discuss.
The AUD/USD experienced a significant drop at the end of last week, breaking critical breakout structures along the way. The main reason for this drop was the outstanding results in the US jobs sector, which took the market by surprise. The United States added 517,000 jobs in January, which was.
As Japan’s Deputy Chief Cabinet Secretary Seiji Kihara noted, the country’s economic growth hinges on maintaining stable and sustainable inflation, even as the Bank of Japan (BOJ) undergoes a leadership transition. Kihara’s remarks come as the current BOJ Governor, Haruhiko Kuroda, is set to step down in April 2023, and.
The US dollar surged on Friday, February 3, after the release of US jobs data which showed that employers had added significantly more jobs in January than had been expected. The report, which is closely watched by the Federal Reserve, also revised the previous month’s data higher, providing the central.
The US dollar has fallen to its lowest level in over nine months in early European trading following the Federal Reserve’s latest interest rate decisions and guidance, which suggest the end of the current policy tightening cycle is in sight. In a press conference, Fed Chair Jerome Powell stated that.