Federal Reserve has cut rates. What does it mean?
The Federal Reserve cut federal funds rate by 50 basis points to a target range of 1.00% to 1.25%.
Currencies
Key information updates for profitable trading
Information is not investment advice
The assets wrap: the best, the worst, and the most volatile
Let’s consider the best and the worst-performing assets as Monday’s session kicks in.
Coronavirus vs Forex: status update
Coronavirus pushse gold and currencies to where they have not been for years. What next?
The USD is awaiting the flash manufacturing PMI
The United States will publish its flash manufacturing PMI at 16:45 MT time on February 21.
Is the GBP vulnerable to the retail data?
Great Britain will release the retail indicators at 11:30 MT time, on February 20…
Testimony by the Fed Chair Powell: upbeat for the USD?
The head of the Federal Reserve Jerome Powell will testify on the Semiannual Monetary Policy Report on Tuesday and Wednesday
NFP: three magical letters for your capital
The United States will publish the non-farm employment change, also known as non-farm payrolls (NFP) at 15:30 MT time on February 7.
An important indicator for the USD strength
The level of non-manufacturing PMI for the United States by the Institute of Supply Management will be published at 17:00 MT time on February 5.
ISM manufacturing PMI is in focus
Traders await the release of ISM manufacturing PMI at 17:00 MT time.
High chances of a rate cut by the RBA
The Reserve bank of Australia will release the rate statement and announce the update on the interest rate on February 4, at 5:30 MT time.
The best and the worst currency pairs: January 27-31
The week was tough for risky assets due to the outbreak of coronavirus. Let’s see which currency pairs showed the best and the worst performance.
Currencies wrap: the best, the worst, the most volatile
Here we gathered the best and the worst performers of the week and the most volatile pairs .