US Dollar Declines Further After Strong NFP Report and Sharp Downward Revision for January

The US dollar continued its descent following the release of the latest Non-Farm Payrolls (NFP) report, despite the headline number surpassing market expectations. However, the significant downward revision of January’s data more than offset the positive February figures. In February, 275,000 new jobs were added, outpacing the market estimate of 200,000. Meanwhile, the previously reported […]

USD/JPY Declines Amid Expectations of BoJ Ending Negative Rates Soon, US Inflation in Focus

The USD/JPY pair extended its decline on Friday, reaching its lowest point since early February, amid increasing speculation that the Federal Reserve may be nearing greater confidence in inflation heading towards the 2% target, which could prompt the central bank to start lowering borrowing costs. The dollar’s subdued performance ahead of the weekend was exacerbated […]

How to Launch a Freelance Business with Forex Trading

Embarking on a freelance business can be both exhilarating and fulfilling. However, discovering a niche that aligns with your interests and yields profits can be challenging. One area that has gained traction in recent years is forex trading, which involves buying and selling currencies in the foreign exchange market. With the right approach, forex trading […]

The Most Renowned Forex Traders in History

The foreign exchange (Forex) market is the largest financial market globally, boasting an average daily trading volume of over $5 trillion. As a decentralized market, currencies are traded around the clock, five days a week. Over the years, Forex trading has gained popularity, with several traders achieving significant success in the market. This article will […]