The pound is struggling today against greenback due to heightened nerves about the global growth outlook and as trader’s awaited U.S. jobs data for a clue on the timing of Federal Reserve policy tightening. Investors are investing in greenback due to raising concerns about the central bank and higher inflation in November. Traders are keen [...]
Aussie traded low against the greenback today as a reaction to the Reserve Bank of Australia (RBA) monetary policy announcement on early Tuesday. At their October monetary policy meeting, the Reserve Bank of Australia (RBA) board members decided to keep the official cash rate (OCR) unchanged at a record low of 0.10%.The board has decided [...]
Do you have a wonderful trading system, one that consistently makes you money? In trading and investment most beginners tend to believe there is a great secret that will bring them success. Thus, begins that search for The great secret (Holy Grail). You probably believe that you have found your holy grail but this couldn’t [...]
Today market session is favoring the Euro pair as well as U.S. labour data this week. The major pair cheered from the upbeat EU data and risk-on mood triggered the prior corrective pullback. However, a shift in the market sentiment seems to have recently weighed on the quote amid a quiet start to the key [...]
