Brexit uncertainty weighs on pound

US dollar seems to be somewhat strong in the prevailing environment of growing uncertainty about US fiscal stimulus and the potential for a breakdown in Brexit talks. Surge in the COVID 19 cases in Eurozone also weighs on the market sentiment and US consumption data are eyed ahead of the weekend. President Donald Donald Trump [...]

How to understand an Economic Calendar

A forex economic calendar is useful for traders to learn about upcoming news, events that can shape their fundamental analysis. Fundamental Analysis shows you the core reasons why currency prices move. So it’s also a fact that you can always be one step ahead, primed and ready to take full advantage of the market before [...]

Unemployment rate weighs on Aussie

September month employment statistics from the Australian Bureau of Statistics creates an important update for traders as it portrays the employment damages Victoria’s lockdown did amid the corona virus (COVID-19) resurgence. Total employment fell -29.5k in September, Full-time employment fell –20.1k while part-time fell –9.4k with both representing a –0.2% decline in the month. In [...]