Check out this week's Forex Forecast - Forex Forecast
in Forex / CFD trading is highly likely to depend mostly upon, and not on the exact methods you might use to determine trade entries and exits.
Markets remain dominated by two ongoing debates in the USA – whether the Federal Reserve has really completed its cycle of rate hikes, and yesterday’s final resolution of the debt ceiling crisis as the Senate passed the deal The main issue now is the question of whether the Fed will hike rates by another 25bps at its next meeting in June. It looks increasingly likely that they will not, following last week’s stronger-than-expected US economic data, notably Friday’s NFP data which showed the US economy created more jobs than were expected last month, at 339k when only 193k were expected, following a strong print from JOLTS Job Openings data earlier in the week. On the other hand, the unemployment rate rose to 3.
Another key issue in the Forex market last week was the release of German Preliminary CPI data, which showed a month-on-month decline in inflation of 0.1% when a rise of 0.2% had been expected
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Trading Support and Resistance \u2013 USD/JPY, USD/CHFThis week I will begin with my monthly and weekly Forex forecast of the currency pairs worth watching.
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GBP/USD: Weekly Forecast 4th June - 10th JuneThe GBP/USD went into this weekend near the 1.24470 ratios; the result higher for the entire week upon inspection is a solid result for the currency pair.
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EUR/USD: Weekly Forecast 4th June - 10th JuneThe EURUSD remains within the lowest realms of its one-month price range- Forex Forecast
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Pairs in Focus This Week \u2013 GBP/USD, EUR/USD, USD/JPY, USD/CAGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of June 4th, 2022 here.
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Tanzanian Central Bank Says Forex Restrictions Intended to 'Safeguard the Stability of the Financial System' – Regulation Bitcoin NewsThe central bank also reminded foreign currency dealers to only trade with licensed international foreign currency brokers. foreignexchange brokers financialstability
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BTS' Jimin voted weekly 'K-pop King' for 131st time on 'KDOL' | allkpopBTS' Jimin has been voted weekly 'K-pop King' for the 131st time on the global idol popularity voting site 'KDOL'.According to repo…
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