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• 03.03.2023

Despite the recent decline in prices, the price of WTI Crude appears to be respecting the price range of $67-72 that the Biden administration set for the replenishment of the Strategic Petroleum Reserve (SPR). The DOE has announced that it plans to purchase the SPR oil at these prices, a move that will provide certainty […]

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• 03.03.2023

Automatic Forex Trading – How to Find the Best Automated Forex RobotsAutomatic forex trading involves the use of software that automates trading decisions. These programs are usually referred to as forex trading bots and can be a useful tool for reducing trading losses. These systems are able to find currency pairs and make trade suggestions […]

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• 15.02.2023

GBP/USD Looks to UK Inflation Data for Directional OutlookGBP Forecast: Looking to UK Inflation Data for Directional OutlookThe British Pound is expected to stay in a tight range versus the US Dollar this week as investors continue to weigh monetary policy decisions by the Bank of England. This week, market watchers will pay particular attention […]

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• 03.02.2023

The Japanese Yen Outlook: USD/JPY Scans 130 Ahead of FedThe Japanese Yen Outlook: USD/JPY Scans 130 Ahead of FedAhead of the Federal Reserve’s interest rate decision this week, the Japanese yen is trading higher on the hopes that the Bank of Japan will soon abandon its ultra-accommodative monetary policy. The central bank, known as the […]

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• 09.01.2023

The US dollar has seen a number of highs and lows in the past year. The dollar is the world’s reserve currency and is used as a benchmark against which many other currencies are measured. It is also the most widely traded currency on the foreign exchange market. Since the mid-2000s, it has appreciated by […]

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• 07.12.2022

During the past month, the euro to US dollar exchange rate has risen close to 5%. This is on the back of moderately improved economic sentiment in the eurozone. Nevertheless, concerns over a recession in the eurozone and Russia’s uncertainty about its energy supply continue to weigh on the euro. Earlier this month, the euro […]

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• 25.11.2022

Despite continued strong economic growth, inflation remains persistently high, just above the Federal Reserve’s 2% target. Price pressures continue to be strong across broad goods and services, but the pace of price increases has eased. Annual consumer prices rose 7.7% in October, down from a September reading of 8.2%. The core CPI rose 6.3% in […]

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• 23.11.2022

Despite recent mixed results, the Canadian Dollar still remains a strong currency. The Bank of Canada has embarked on a tightening cycle and has raised interest rates by 300 basis points since March. Although the BoC has slowed the pace of rate hikes, it is expected to raise rates again in December. This rate hike […]

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• 18.10.2022

When you want to learn how to invest in Ethereum, you can turn to the Kenyan cryptocurrency community. You can find exchangers, money remittance services, or even peer-to-peer marketplaces. However, it is always best to seek professional advice from an experienced Bitcoin developer. Investing in Ethereum There are several benefits of investing in Ethereum cryptocurrency […]

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• 10.10.2022

Strategies to trade the Kenyan foreign exchange market The forex market is an attractive investment option for investors in Kenya, as the profit opportunities are seemingly limitless. Kenyan traders of all experience levels can participate in the market without difficulty. Forex trading is simple, with relatively low costs and substantial leverage. It is also available […]