Recent content by Axiory

03/07/2023 - Dollar Weakens, Indices Surge: A Notable Start to the Week This week began on a quieter note, but the ripple effects of last week's movements are still apparent. The US dollar witnessed a decline last week, on the USDJPY resulting in its exit from an upward channel formation and...

30/06/2023 - Impact of Surprising GDP and Inflation Figures on Thursday's Market, and What to Expect on Friday On Thursday, we observed some interesting shifts in the market. The day was marked by positive surprises from Germany and the U.S, which significantly impacted their respective...

26/06/2023 - Forex Market Quiet but Oil Sees Upswing as New Week Starts This Monday brings a substantial amount of economic data and influential speeches. From Germany, the release of the German IFO business climate data is highly anticipated, with an expectation set at 90.7. Central bankers...

20/06/2023 - Reserve Bank of Australia's Dovish Statement Weighs on Australian Dollar As anticipated, Monday unfolded without any significant market shifts or volatility. The overall sentiment remained largely unchanged. Today's calendar also mirrored yesterday's calm, with the primary event...

19/06/2023 - Corrections Across the Board Amid US Bank Holiday Monday's market action is characterized by a quieter tone, largely due to a bank holiday in the US. In the Forex market, we're witnessing a correction phase across several currency pairs. EURUSD is slightly down after an impressive...

16/06/2023 - Hawkish Stances Drive Forex Markets Thursday was a whirlwind day in the market, characterized by significant swings across Forex pairs, commodities, and indices. The day was driven by pivotal data releases and central bank decisions, leading to heightened volatility and some...