Welcome to the Crazy World of Forex Trading! The USD/JPY Pair: A Rollercoaster Ride So, you’ve heard about the USD/JPY pair making headlines again, huh? Well, let me break it down for you in simple terms. Picture this: you’re on a rollercoaster, and the ride is as unpredictable as the forex market. The USD/JPY pair…
Musings on Ford (F) Shares and Their Bearish Sequence A Brief History of Ford Motor Company Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. Founded by the legendary Henry Ford and incorporated on June 16, 1903, this company holds a special place in the hearts of car enthusiasts…
US Stocks Rally as Banking Sector Gains Momentum First Citizens BancShares Inc. Acquires SVB Financial Group’s Silicon Valley Bank First Republic Bank Receives Boost from Potential US Authorities Support US stocks surged higher today as the banking sector rebounded from recent lows, fueled by optimism surrounding potential additional support from US authorities. This positive sentiment…
Welcome to the World of Finance Exciting News in the Financial World It’s been quite a rollercoaster ride in the financial markets lately. First Citizens BancShares has announced that they will be acquiring all of the deposits and loans of Silicon Valley Bank. This has caused quite a buzz among investors, who are eagerly anticipating…
The AUD/USD pair attracts fresh sellers on Friday Introduction The AUD/USD pair is in the spotlight once again as it attracts fresh sellers on Friday. The pair is extending the previous day’s rejection slide from over a two-week peak, around the 0.6755-0.6760 region. This area coincides with a technically significant 200-day Simple Moving Average (SMA)….
GBP/USD Bears Close in on 1.2250 Market Uncertainty Looms Ahead of Crucial UK-US Economic Data As the week draws to a close, the GBP/USD pair finds itself at a critical juncture. After reaching a nearly two-month high, the bulls seem to have lost their momentum, allowing the bears to take control as markets remain uncertain…
Hold on to your hats, folks! Are you ready for a rollercoaster ride? So, picture this: the AUD/JPY currency pair is doing a little dance, and you’re right in the middle of it. The Australian dollar is feeling a bit weak, all because of some fancy numbers in the latest S&P Global Preliminary Purchasing Manager…
Summary of the FOMC Meeting My Evaluation of the Federal Open Market Committee Meeting My take was that the FOMC meeting certainly had a bearish lean – with rates now currently sitting at 5% – markets have priced in 1 further 25bps hike in May to take the rate to 5.25% – looking at the…
