Category: Forex Trading
Is Investing During a Recession a Good Idea?
A recession is an economic phenomenon where market activity declines or halts to dangerous levels. A recession is characterized by a massive fall in GDP,…
USD/JPY Increase Again Close to Mid-129.00 Area. No Follow-up Purchases
New Buying and Rallies The USD/JPY currency pair has had another rally in the area of 60 to 65 pips in the course of the…
AUD/USD Hustles Under 0.6900 as Optimism Declines in the Early Asian Session, Focus on US Data
Renewed Struggles The AUD/USD pair was grinding higher close to 0.6890 while it was fighting hard to keep its rebound in the early Asian session…
GBP/USD Falls Back to Two-Year Low Point While Sellers Go for 1.2300, Focus Now on UK GDP Brexit
The Market Mood and Brexit The pair of the British Pound Sterling and the US Dollar have renewed intraday low points at close to 1.2300….
AUD/USD Stays Strong With the Gains Led by the RBA Close to 0.7100 After Lowe’s Comments and USD Recovery
Investors’ Considerations The AUD/USD currency pair is struggling to show the hawkish statements coming from the Governor of the Reserve Bank of Australia, Philip Lowe,…