Introduction The Non-Farm Payroll (NFP) report is one of the most influential economic indicators in forex trading. Released monthly by the U.S. Bureau of Labor Statistics, it measures the number of jobs added or lost in the U.S. economy (excluding farming). In this guide, we break down the NFP impact on forex markets, why traders…
Introduction The U.S. Dollar Index (DXY) is one of the most valuable tools for forex traders. It acts as a barometer of overall dollar strength or weakness against a basket of major currencies. In this post, we’ll break down how to analyze DXY for forex moves and use it to time currency trades more effectively….
Introduction When markets turn turbulent, traders often flee risky assets and flock to safer ones. In the currency world, this shift is known as safe haven trading. This guide explores the top forex pairs for safe haven trading, why they matter, and how to position during risk-off environments. 1. What Is a Safe Haven Currency?…
Introduction The U.S. Federal Reserve is one of the most powerful institutions in global finance—and its announcements can instantly shift the forex market. In this post, we explore the Fed news impact on forex volatility, what traders should watch for, and how to position around these key events. 1. Why Fed News Matters to Forex…
Introduction As we head into a new trading week, the EUR/USD and GBP/USD outlook provides critical insight for forex traders. With macroeconomic catalysts like inflation reports and central bank commentary on deck, this post breaks down key support/resistance levels and sentiment indicators for both currency pairs. 1. EUR/USD Technical Overview The euro remains under pressure…
