About: anakin
Recent Posts by anakin
Most traded forex currency pairs
What are the best forex pairs to trade? If only this question had a straightforward answer — it would make learning how to trade forex and speculating on currency movements far more reliable. Unfortunately, this is not the case, and deciding on the best currency pairs to trade is always a personal choice and dependsContinue Reading
Written on January 4, 2023 at 1:31 am
Categories: Learn Forex
Week ahead: All eyes on US Non-Farm Employment Change and FOMC Meeting Minutes
The US will release the Non-Farm Employment Change and FOMC Meeting Minutes this week. The Non-farm Employment Change is expected to show a total of 220,000 jobs added in December, down from the 263,000 jobs added in November. Forecasters also expect the Unemployment Rate to remain unchanged at 3.7%. Meanwhile, the Minutes from the FederalContinue Reading
Written on January 3, 2023 at 2:22 am
Categories: Today's Analysis
Economic data-packed week starts 2023
American markets start trading today. Before Asia opened, U.S. equity futures surged. An economic data-packed week will start the year. ADP and the Department of Labor will report nonfarm employment change and first jobless claims during the late American trading session on the fifth. The December U.S. nonfarm payrolls and unemployment rate will be notedContinue Reading
Written on January 3, 2023 at 2:17 am
Categories: Today's Analysis
US equities climbed as the stronger jobs data would support more aggressive policy
US stocks rose in a broad-based rally and Treasury yields fell as data allayed fears of a supercharged jobs market that would support a more aggressive policy path. A gauge of the dollar fell. Investors took solace in US jobs data that failed to reveal unwanted surprises while underscoring the resilience of the labour marketContinue Reading
Written on December 30, 2022 at 8:44 am
Categories: Today's Analysis
US stocks fall due to COVID-19 concerns
US stocks were dragged lower for a second day, as stocks in Asia headed for declines on Wednesday with fresh concerns about the spread of Covid-19 from China unnerved investors. Market appetite for risk waned on news that the US would require inbound airline passengers from China to show a negative Covid-19 test before entry.Continue Reading
Written on December 29, 2022 at 1:16 am
Categories: Today's Analysis
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