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Exclusive Market Analysis

  • Jan 17 2023
    Amogo Solomon

    Make Profit Trading The US Retail Sales, Gold Holding Strong In Massive Gain

    Retail sales is an economic indicator in the USA that keeps inventory of demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined period of time. It is the primary gauge of consumer spending, which accounts for the majority of overall economic activities. This
    Read More
  • Jan 04 2023
    Amogo Solomon

    GBP/USD Will Likely Target Highs Above 1.2200, FOMC Meeting Next

    Key Take-Aways GBP/USD started correcting downward from the 1.2450 area. On the 4-hours chart, a crucial bearish trend line is developing with resistance close to 1.2080. After correcting downward from the 1.0735 level, the EUR/USD fell under 1.0620. The US ISM Manufacturing Index could drop to 48.5 in December 2022
    Read More
  • Dec 21 2022
    Amogo Solomon

    Price of Gold Targets New Level of Multi-Month Highs, Canadian CPI Next.

    Key Take-Aways Above the $1,780 resistance, the price of gold began to rise again. On the 4-hours chart, a significant bullish trend line is developing with support close to $1,785. The Japanese yen appreciated against most of its rivals as USD/JPY had a significant fall. The Canadian CPI may rise
    Read More
  • Dec 15 2022
    Amogo Solomon

    USD/CHF Losses Will Likely Continue, Next is Bank of England Interest Rate Decision.

    Key Take-Aways Below the 0.9400 and 0.9350 support levels, USD/CHF fell. On the 4-hours chart, a significant negative trend line is developing with resistance close to 0.9320. The Federal Reserve raised interest rates by 0.50 points. Today is the scheduled day for the BoE interest rate decision (previous 3.0%, projection
    Read More
  • Dec 02 2022
    Amogo Solomon

    USD/JPY Drops Beneath The 138 Support, US Job Market Report Next

    Key Take-Aways USD/JPY plunged precipitously and traded under the 138.00 level of support. On the 4-hours chart, a significant negative trend line is developing with resistance close to 137.80. Bullish momentum increased as the EUR/USD and GBP/USD moved to new multi-week highs. In November 2022, US nonfarm payrolls might rise
    Read More
  • Dec 01 2022
    Amogo Solomon

    Price of Crude Oil Recovers Gain, US Gross Domestic Product Stronger by 2.9%

    Key Take-Aways Above the $78 resistance, the price of crude oil began to rise again. On the 4-hours chart, it broke over a significant bearish trend line that had resistance at $78.75. Above the $1,725 support, gold price entered a consolidation phase. In November 2022, the US ISM Manufacturing Index
    Read More
  • Nov 30 2022
    Amogo Solomon

    USD/CAD Gains Higher, Next is US Gross Domestic Product Report

    Key Take-Aways From the 1.3200 support region, USD/CAD started to rise again. On the 4-hours chart, it broke over a significant negative trend line with resistance close to 1.3375. Prior to the announcement of the US GDP report, the EUR/USD and GBP/USD exchange rates both corrected gains. In Q3 2022,
    Read More
  • Nov 28 2022
    Amogo Solomon

    EUR/USD Will Likely Climb Higher, Price of Oil Declines

    Key Take-Away Above the 1.0280 level, EUR/USD is displaying promising characteristics. On the 4-hours chart, it traded above a significant contracting triangle with resistance located above 1.0315. Under the $80 support, the price of crude oil is losing ground more quickly. The price of gold is continuing to rise above
    Read More
  • Oct 19 2022
    Amogo Solomon

    USD/CAD Exposes To Risk of Losses, United Kingdom Inflation Hitting Harder

    Key Take-Aways After testing the 1.4000 resistance level, USD/CAD declined. On the 4-hours chart, a significant rising channel is developing with support close to 1.3680. The price of crude oil is falling and could fall below $80. In September 2022 (YoY), the Canadian CPI may rise 6.8%, down from 7.0%.
    Read More
  • Oct 11 2022
    Amogo Solomon

    GBP/USD Resolves Lower, US Dollar Regaining Across-Board

    Key Take-aways From the 1.1500 resistance area, the GBP/USD pair started to fall again. On the 4-hour chart, it traded below a significant bullish trend line that had support at 1.1175. Selling pressure increased against the USD pairs EUR/USD, AUD/USD, and NZD/USD. The number of UK claimants may change by
    Read More
  • Oct 06 2022
    Amogo Solomon

    NZD/USD Gains Faced Obstacle, Price of Oil Moves Higher

    Key Take-Aways The resistance level of 0.5800 was not overcome by NZD/USD. On the 4-hours chart, a significant negative trend line is developing with resistance close to 0.5750. The price of crude oil began to rise steadily above the $85.00 resistance level. Technical Analysis of NZD/USD After experiencing a sharp
    Read More
  • Sep 20 2022
    Amogo Solomon

    GBP/USD Declines Further, Gold Dropping

    Key Take-Aways At 1.1350, GBP/USD reached a fresh 37-year low. On the 4-hours chart, it traded below a connecting positive trend line that had support at 1.1495. Below the 1.0050 barrier zone, the EUR/USD is consolidating its losses. The price of gold dropped and traded below the $1,670 mark. Technical
    Read More
  • Aug 31 2022
    Amogo Solomon

    Crude Oil Price Was Constrained By The $100 Resistance Level, GDP of Canada Next

    Key Take-Aways Above the $90 resistance, the price of crude oil began to rise steadily. On the 4-hours chart, it broke over a crucial negative trend line with resistance at $90.70. GBP/USD started a new fall after failing to bounce back. In August 2022, the US ADP Employment could increase
    Read More
  • Aug 30 2022
    Amogo Solomon

    GBP/USD Gains Could Be Constrained Close to 1.1800 Resistance Level

    Key Take-Aways GBP/USD dropped to 1.1649, a fresh multi-month low. On the 4-hours chart, a significant negative trend line is developing with resistance close to 1.1800. Losses on the EUR/USD are condensing above the 0.9900 region. The price of crude oil is rising, and a clear move above the $95
    Read More
  • Aug 26 2022
    Amogo Solomon

    Why USD/JPY Has Potential To Increase Gains Beyond A Multi-Year High

    Key Take-Aways Above the 136.00 resistance level, the USD/JPY began to rise once more. On the 4-hour chart, it broke a significant bearish trend line at 134.40. GBP/USD and EUR/USD are having trouble launching a comeback wave. US GDP fell by 0.6% in Q2 2022. (Preliminary). Technical Analysis of USD/JPY
    Read More
  • Aug 25 2022
    Amogo Solomon

    USD/CAD Targets Further Gains, United States GDP Release Next

    Key Take-Aways USD/CAD picked its speed and tested the resistance around 1.3060. On the 4-hours chart, a significant bullish trend line is developing with support close to 1.2965. The EUR/USD and GBP/USD remain vulnerable to further declines. In Q2 2022, the US GDP may decline by 0.8 percent (Preliminary). Technical
    Read More
  • Aug 22 2022
    Amogo Solomon

    EUR/USD Declines, US Dollar Gaining Across-Board

    Key Take-Aways Below the 1.0200 level, the EUR/USD began to trend down. On the 4-hours chart, it traded below a significant bullish trend line with support located close to 1.0190. Below the 1.2000 support level, the GBP/USD exchange rate declined quickly. The resistance level of 136.00 was breached by the
    Read More
  • Aug 18 2022
    Amogo Solomon

    Price Of Crude Oil Declines Below Multi-Months Lows, Gold Could Move Higher in The Near Term

    Key Take-Aways From the $95.50 resistance, the price of crude oil started to decrease again. On the 4-hour chart, obstacles are currently present at $89.50 and $90.00. The price of gold fell back and traded below the $1,780 level of support. The USD/EUR and USD/GBP remain vulnerable to further declines.
    Read More
  • Aug 03 2022
    Amogo Solomon

    Price of Gold Increases Gain, $1,800 Stood As Resistance

    Key Take-Aways After breaking through the $1,740 resistance, the price of gold started to increase.On the 4-hours chart, it crossed above a crucial negative trend line that served as resistance near $1,755.The crucial 1.0280 resistance area is still proving difficult for EUR/USD to overcome.In July 2022, the US ISM Services
    Read More
  • Aug 02 2022
    Amogo Solomon

    GBP/USD Breaks Resistance Level, Yen Picks Up Steam

    Key Take-Aways GBP/USD advanced over the 1.2150 barrier level. EUR/USD resistance of 1.0285 can be broken by a steady increase. Below the 134.00 support area, USD/JPY fell sharply. The price of crude oil is declining towards the $90 support area.  Technical Analysis of GBP/USD In relation to the US Dollar, the
    Read More
  • Jul 29 2022
    Amogo Solomon

    USD/JPY Drops as US Recession Worries Increase, Gold Gaining on Safe-Haven.

    Key Take-Aways Below the 137.50 support, the USD/JPY began a sharp drop. If closing is made below 134.20, it may continue to decline. In Q2 2022, the US Gross Domestic Product fell by 0.9%. (Preliminary). In Q2 2022, the GDP of the Euro Zone could increase by 0.2% (Provisional) (QoQ).
    Read More
  • Jul 28 2022
    Amogo Solomon

    USD/CAD Exposes to Risks of Losses, US GDP Report Anticipated

    USD/CAD experienced a sharp decline from the 1.3220 resistance region. On the 4-hours chart, a significant barrier is developing close to 1.2960. For the second consecutive month, Federal Reserve officials increased interest rates by 75 basis points. In Q2 2022, the US Gross Domestic Product may increase by 0.4%. (Preliminary).
    Read More
  • Jul 20 2022
    Amogo Solomon

    Gold Exposes to Risk of Further Losses, US Dollar Declines

    Key Take-Aways The price of gold is battling to rise above $1,740.On the 4-hours chart, a significant negative trend line is developing with resistance close to $1,725.GBP/USD and EUR/USD have begun an upward correction.The price of crude oil tried to burst upward beyond the $102.50 barrier. Price Technical Analysis of
    Read More
  • Jul 18 2022
    Amogo Solomon

    EUR/USD Recovering, Gold Likely to Erase Losses

    Key Take-Aways From the parity support, EUR/USD is attempting a recovery wave.On the 4-hours chart, a significant negative trend line is developing with resistance close to 1.0150.If the resistance at 1.2000 is properly closed above, GBP/USD may increase.The price of gold kept falling and traded beneath the $1,720 level of
    Read More
  • Jul 15 2022
    Francis Idowu

    USD/JPY Could Hit 140.00, Dollar Gains Strength

    Key Points At 139.39, USD/JPY increased its momentum and hit a new multi-year highThe price of gold continued to fall and traded under $1,720Losses are currently being compounded on EUR/USD above parityThe price of crude oil surged to $92 and is now recouping losses USD/JPY Technical Analysis In relation to
    Read More
  • Jul 14 2022
    Amogo Solomon

    USD/CAD Declines Following Bank of Canada Rates Hike to 2.5%

    Key Take-Aways Near 1.3080, USD/CAD encountered sellers and corrected lower.GBP/USD and EUR/USD both corrected up a few points.Interest rates were increased by the Bank of Canada from 1.5 percent to 2.5 percent.In June 2022, the US Consumer Price Index rose by 9.1%. (YoY). Technical Analysis of USD/CAD Against the Canadian
    Read More
  • Jul 13 2022
    Amogo Solomon

    AUD/USD Will Likely Encounter Resistance, Oil Price Experiencing Decline

    Key Take-Aways Near 0.6820, AUD/USD can encounter resistance.The crucial parity level was tested by EUR/USD.The price of crude oil started a new downward trend and traded below $100.In June 2022, the US Consumer Price Index could rise by 8.8%. (YoY). Technical Assessment of AUD/USD When compared to the US Dollar,
    Read More
  • Jul 12 2022
    Amogo Solomon

    GBP/USD Keeps Declining, Dollar Gaining Across-Board

    Key Take-Aways GBP/USD fell below 1.1950 after failing to correct upward.On the 4-hours chart, a significant negative trend line is developing with resistance close to 1.2050.EUR/USD continued to fall and traded under the 1.0110 level of support.Above 137.50, USD/JPY surged to a new multi-year high.      Technical Analysis of GBP/USD       Against
    Read More
  • Jul 11 2022
    Amogo Solomon

    EUR/USD Upside Gains May be Constrained, Gold Recovers Slightly

    Key Take-Aways Below the 1.0250 support, EUR/USD moved substantially downward.On the 4-hours chart, a crucial bearish trend line is developing with resistance close to 1.0280.GBP/USD climbed above 1.2000 after finding support near 1.1880.Below the $1,750 level, the price of gold fell. Technical Analysis of EUR/USD From the 1.0620 area against
    Read More
  • Jul 07 2022
    Amogo Solomon

    Crude Oil Price Declined below the Support Zone, Gold Has Upside Potential

    Key Take-Aways Price of crude oil dropped below the $100 level of support.On the 4-hours chart, a significant bearish trend line is developing with resistance close to $108.Gold price has a potential of upside reversal above $1800 in the near term.In June 2022, there may be a 200K shift in US
    Read More
  • Jun 29 2022
    Amogo Solomon

    Corrective Decline in USD/CAD Begins, Gold Price Constrained

    Key Take-Aways USD/CAD began a downside resolution from the 1.3080 region. On the 4-hours chart, it traded below a significant bullish trend line with support located close to 1.2975. The $1,850 resistance zone is still difficult for the price of gold to overcome. In Q1 2022, the US Gross Domestic
    Read More
  • Jun 21 2022
    Amogo Solomon

    GBP/USD Upside Gains Could Slow Near 1.2400

    Key High Take-Aways GBP/USD began an upside correction from 1.1935.On the 4-hour chart, A key declining trendline is building up with resistance near 1.2340.EUR/USD is striving beneath the 1.0600 resistance zone.USD/JPY is targeting more highs beyond the 135.50 level. GBP/USD Technical Analysis GBP/USD dropped massively beneath 1.2500. It smashed the
    Read More
  • Jun 01 2022
    Francis Idowu

    Non-Farm Payroll; The United States job momentum is Likely to be Maintained even as Experts Predicts Calmness

    The non-farm payroll (NFP) report is a key economic indicator for the United States. It is intended to represent the total number of paid workers in the U.S excluding farm employees, government employees, private household employees, and employees of non-profit making organizations.  The report is released every first Friday of a
    Read More
  • May 04 2022
    Amogo Solomon

    Non-Farm Payroll; Job Market Recovery Curve Steadies, USD Gaining Across Board

      The Non-farm payroll (NFP) is a monthly measure of the United States labor market health, released every first Friday of the month by the Bureau of Labor Statistics. It is a key economic indicator for the United States economy and among the most market-moving data points for the US
    Read More
  • Mar 30 2022
    Francis Idowu

    United States’ Economic Progression Likely to be Distracted by War Fears in Europe

    The non-farm payroll (NFP) report is a key economic indicator for the united states. It is intended to represent the total number of paid workers in the U.S excluding farm employees, government employees, private household employees, and employees of non-profit making organizations.  The report is released every first Friday of a
    Read More
  • Mar 02 2022
    Amogo Solomon

    The Non-Farm Payroll; The U.S. Economy is barreling Gradually Towards Full Employment, USD Gaining on Safe-Haven.

      The Non-farm payroll (NFP) is a monthly measure of the United States labor market health, released every first Friday of the month by the Bureau of Labor Statistics. It is a key economic indicator for the United States economy and among the most market-moving data points for the US
    Read More
  • Feb 16 2022
    Amogo Solomon

    The Australian Job Market Participation Rate Increased as its Economic Growth Trajectory Holds Firm.

    The Australian Unemployment rate is the percentage of the total workforce in Australia that is unemployed and actively seeking employment during the previous month. The last employment report released from the Australian Bureau of Statistics (ABS) saw a continuous spark in recovery in line with its growth pattern already set
    Read More
  • Feb 15 2022
    Francis Idowu

    U.S Retail Sales; Early-Kick Off Amidst Inflation and The Shadow of Omicron

    Retail sale is an economic indicator in the United States that keeps inventory of the demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic activities.
    Read More
  • Feb 02 2022
    Francis Idowu

    Non-Farm Payroll; United States’ Economy Crawling Back to Normalcy from the Scars of Omicron Virus

    The non-farm payroll (NFP) report is a key economic indicator for the United States. It is intended to represent the total number of paid workers in the U.S excluding farm employees, government employees, private household employees, and employees of non-profit making organizations.  The report is released every first Friday of a
    Read More
  • Feb 01 2022
    Amogo Solomon

    Will The New Zealand Job Market Keep Flourishing? NZD Could Retain Upside Potential Gain.

    The New Zealand Unemployment rate is the percentage of the total workforce in New Zealand that is unemployed and actively seeking employment during the previous month.  Its impact is indicative of the economic outlook because the number of people employed is an important signal of the overall economic health, and consumer spending is highly correlated with labor-market conditions. The New Zealand economy is a strongly advanced free
    Read More
  • Jan 25 2022
    Francis Idowu

    Canada overnight rate; Bank of Canada More likely to Dance to Hawkish Hymn

    The Overnight Rate is the interest rate at which major financial institutions in Canada borrow and lend overnight funds among themselves. Short-term interest rates are predominant factors in currency valuation. This is highly correlated with the economic outlook as its changes can impact both inflation and recession. Two years into
    Read More
  • Jan 19 2022
    Amogo Solomon

    The Australian Job Market Steadies, Further Growth Likely

    The Australian Unemployment rate is the percentage of the total work force in Australia that is unemployed and actively seeking employment during the previous month. What opened the core that drove the Australian labour market towards a full recovery pattern is strongly tied to productivity gains, strong institutions, and robust
    Read More
  • Jan 13 2022
    Francis Idowu

    United States Retail Sales; Massive Holiday Sales, With E-commerce Racking up Gains

    Retail sale is an economic indicator in the United States that keeps inventory of the demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic activities.
    Read More
  • Jan 05 2022
    Amogo Solomon

    Non-Farm Payroll; US Job Market Recovers Speedily, Labour Shortages Stood as Constraint

      The Non-Farm Payroll (NFP) is a monthly measure of the United States labor market health, released every first Friday of the month by the Bureau of Labour Statistics. It is a key economic indicator for the United States economy and among the most market-moving data points for the US Dollar, US
    Read More
  • Dec 15 2021
    Amogo Solomon

    The European Refinancing Rate Increase Could Strengthen The Euro Currency

    For decades, the strength of recovery from recession is often driven by monetary policymaker’s decisions. The European Central Bank has left its interest rate low in order to push its economy towards its policy goals of maximum employment and price stability. From the outlook, the economy has continued to rebound
    Read More
  • Dec 14 2021
    Francis Idowu

    United States Retail Sales; Consumers’ Confidence to be Influenced by Omicron Variant

    Retail sale is an economic indicator in the USA that keeps inventory of demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic activities. The state
    Read More
  • Dec 07 2021
    Amogo Solomon

    The Omicron Virus Pose Big Threat to Interest Rate Increase, Canadian Dollar Gaining Across-Board

    For decades, the Bank of Canada has used the interest rate as a strong driver towards attaining its policy objectives. The three of Its core monetary policy goals are maximum employment, Price Stability, and Moderate long-term interest rates. Last month, the Bank of Canada signaled that it could hike its
    Read More
  • Dec 06 2021
    Francis Idowu

    Australian Cash Rate; Virus Risk Likely to Influence Decision

    The Cash Rate is the interest rate that the Reserve Bank of Australia (RBA) charges commercial banks for a loan. This operation provides a bulk of liquidity to the banking system. Short-term interest rates are the paramount factor in currency valuation as it is highly correlated with the economic outlook because their changes can have an
    Read More
  • Dec 01 2021
    Francis Idowu

    United States Non-Farm Payroll; Economic Recovery Hanging on a Pendulum as the Market views Omicron Virus in a Rear Mirror

    The non-farm payroll (NFP) report is a key economic indicator for the united states. It is intended to represent the total number of paid workers in the U.S excluding farm employees, government employees, private household employees, and employees of non-profit making organizations.  The report is released every first Friday of
    Read More
  • Nov 23 2021
    Amogo Solomon

    The Official Cash Rate Increase Could Trigger New Zealand Dollar Gains (NZD), Economy Flourishing

    The Official Cash Rate (OCR) is the interest rate at which banks lend balances held at the Reserve Bank of New Zealand (RBNZ) to other banks overnight. Short-term interest rate is a paramount factor in currency valuation. This is highly correlated with the economic outlook because its changes can affect both inflation and recession. The New Zealand’s economy
    Read More
  • Nov 15 2021
    Francis Idowu

    United States Retail Sales; Inflation and Supply Constraints Key Factors

    Retail sale is an economic indicator in the USA that keeps inventory of demands for finished goods, by measuring the purchases of durable and non-durable goods over a defined period of time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic activities.
    Read More
  • Nov 10 2021
    Amogo Solomon

    The Australian Labour Market Sectors Outperform, Australian Dollar Holds Strong

    Employment among other factors is paramount in tracking the growth pattern of every economy. The Australian economy has remained resilient in the pandemic phase despite the global sharp growth decline. Since the recession hit, the Australian Dollar has maintained ground, outperforming many currencies by smashing a series of multi-month highs.
    Read More
  • Nov 04 2021
    Francis Idowu

    United Kingdom official bank rate; Rate hike likely amidst Subtype of the Delta variant

    Official Bank Rate is the interest rate that the Bank of England (BOE) pays commercial banks for reserve account deposits. This operation provides a bulk of liquidity to the banking system as short-term interest rates are a paramount factor in currency valuation, which is highly correlated with the economic outlook
    Read More
  • Nov 03 2021
    Amogo Solomon

    US Federal Fund Rate; Inflation A Big Threat To The economy, Could Tapering Be Gradual?

    The federal fund rate is the interest rate in the United States and stood as a paramount factor in currency valuation in a nation. It is highly correlated with the economic outlook because its changes can affect both inflation and recession. Ahead of the Federal Oder Market Committee (FOMC) meeting
    Read More
  • Nov 03 2021
    Amogo Solomon

    Public Sentiment Holds Firm Ahead of the Non-Farm Payroll Report, US Dollar Index Gains

    Non-Farm Payroll is Published by the US Department of Labour and it gauges the United States labor market health which is a major economic indicator that impacts the US dollar, equities, gold, and many other financial instruments. The NFP data is generally released on the first Friday of each month at
    Read More
  • Nov 02 2021
    Francis Idowu

    New Zealand Unemployment Rate; Delta variant more likely to impact Employment figures.

    The New Zealand Unemployment Rate is the percentage of the total workforce in New Zealand that is unemployed and actively seeking employment during the previous month. It is a lagging indicator, meaning that it generally rises or falls in the wake of changing economic conditions. The effect of unemployment in
    Read More
  • Oct 27 2021
    Amogo Solomon

    The European Stocks And Euro Hold Gains Ahead of the European Refinancing Rate

    The Main Refinancing Rate is the interest rate banks pay when they borrow money from the European Central Bank (ECB) for one week. This operation provides a bulk of liquidity to the banking system. Short-term interest rates are paramount factor in currency valuation. This is highly correlated with the economic
    Read More
  • Oct 26 2021
    Francis Idowu

    Canadian Overnight Rate; Recent Jobs Gains likely to Influence Decision

    The Overnight Rate is the interest rate at which major financial institutions in Canada borrow and lend overnight funds among themselves. Short-term interest rates are predominant factors in currency valuation. This is highly correlated with the economic outlook as its changes can impact both inflation and recession. With over 75%
    Read More
  • Oct 14 2021
    Amogo Solomon

    U.S. Dollars Lose Momentum Ahead of the Retail Sales Release, Supply Chain Disruption a Big Constrain.

    Retail sales is an economic indicator in USA that keeps inventory of demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined period of time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic activities. The
    Read More
  • Oct 13 2021
    Francis Idowu

    Australian Unemployment Rate; Recent Lockdown Likely to Stall Further Decline

    The Australian Unemployment Rate is the percentage of the total workforce in Australia that is unemployed and actively seeking employment during the previous month. Its impact is indicative of the economic outlook because the number of unemployed people is an important signal of overall economic health and consumer spending is highly correlated with labor-market conditions. In Australia, the Unemployment Rate Figure is often published by the Australian Bureau of Statistics (ABS). This
    Read More
  • Oct 07 2021
    Francis Idowu

    United States Nonfarm Payroll: Delta Variant Likely to Slow but Not Hinder the Economic Recovery

    The Non-farm payroll (NFP) is a monthly measure of United States labor market health, released every first Friday of the month by the Bureau of Labor Statistics. It is a key economic indicator for the United States economy and among the most market-moving data points for the US Dollar, US
    Read More
  • Oct 05 2021
    Amogo Solomon

    NZD/USD Stays Resilient Ahead of the Reserve Bank of New Zealand Official Cash Rate Release

    The Official Cash Rate (OCR) is the interest rate at which banks lend balances held at the Reserve Bank of New Zealand (RBNZ) to other banks overnight. Short-term interest rates are paramount factor in currency valuation. This is highly correlated with the economic outlook because its changes can affect both
    Read More
  • Oct 04 2021
    Francis Idowu

    Australian Cash Rate; Delta Variant and Stimulus Relief Package the Key Players.

    The Cash Rate is the interest rate that the Reserve Bank of Australia (RBA) charges commercial banks for a loan. This operation provides a bulk of liquidity to the banking system. Short term interest rates are the paramount factor in currency valuation as it is highly correlated with the economic outlook because its changes can have
    Read More
  • Sep 22 2021
    Amogo Solomon

    Is The Economy Fragile For The United Kingdom Official Bank Rate Increase? Pound Sterling (GBP) Dips.

    21st September 2021. Official Bank Rate is the interest rate that the Bank of England (BOE) pays commercial banks for reserve account deposits. It is also called the Bank of England Base Rate (BOEB). This operation provides a bulk of liquidity to the banking system. Short-term interest rates are a paramount factor in currency valuation. This is highly correlated
    Read More
  • Sep 21 2021
    Francis Idowu

    Federal Fund Rate; Tapering Decision Will Largely Be Influenced by the Red Alert of The Pandemic and Recent Disappointing Job Report

    Federal Fund Rate is the interest rate at which depository institutions lend balances held at the Federal Reserve to other depository institutions overnight. This operation provides a bulk of liquidity to the banking system. Short-term interest rates are a paramount factor in currency valuation. This is highly correlated with the economic outlook because its changes can affect both inflation and recession.
    Read More
  • Sep 15 2021
    Amogo Solomon

    Key Metrics Signal Aggregate US Retail Sales Increase, US Dollar Holds Firm.

    The US Retail sales is an economic indicator in USA that keeps inventory of demand for finished goods, by measuring the purchases of durable and non-durable goods over a defined period of time. It is the primary gauge of consumer spending, which accounts for the majority of the overall economic
    Read More
  • Sep 14 2021
    Francis Idowu

    Australian Unemployment Rate; Early Job Gains Lulled the Country into a False Sense of Economic Security.

    The Australian Unemployment Rate is the percentage of the total workforce in Australia that is unemployed and actively seeking employment during the previous month. Its impact is evident in the economic outlook because the number of unemployed people is a significant indicator of the overall economic health, as consumer spending
    Read More
  • Sep 09 2021
    Amogo Solomon

    Leverage on the Canadian Dollar (CAD) Gains Trading the Unemployment Rate As Bullish Sentiment Heightens

    The Canadian Unemployment rate is the percentage of the total work force in Canada that is unemployed and actively seeking employment during the previous month. Its impact is indicative in the economic outlook because the number of unemployed people is an important signal of the overall economic health and consumer
    Read More
  • Sep 08 2021
    Francis Idowu

    The European Refinancing Rate; Tapering High on the Agenda Amidst Fear of Inflation and The Delta Variant

    The European Main Refinancing Rate is the interest rate banks pay when they borrow money from the European Central Bank (ECB) for one week. This operation provides a bulk of liquidity to the banking system. Short-term interest rates are the paramount factor in currency valuation as it is highly correlated
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  • Sep 07 2021
    Amogo Solomon

    Canadian Overnight Rate; Comparative Growth Outlook for Moderate Policy Rate and Canadian Dollar Gains.

    Overnight Rate is the interest rate in which the major financial institutions in Canada borrow and lend overnight funds among themselves. For decades, the Bank of Canada has used the interest rate as a strong driver towards attaining its policy objectives. The three of Its core monetary policy goals are
    Read More
  • Sep 06 2021
    Francis Idowu

    The Australian Cash Rate; Recent lockdown a Huge Factor in Tapering Decision

    The Cash Rate is the interest rate that the Reserve Bank of Australia (RBA) charges commercial banks for a loan. This operation provides a bulk of liquidity to the banking system. Short term interest rates are the paramount factor in currency valuation as it is highly correlated with the economic
    Read More
  • Sep 01 2021
    Amogo Solomon

    The US Nonfarm Payroll: What Powers the Job Market, Declining Risk Sentiment and US Equities Gain?

    1st September 2021. The Non-Farm Payroll (NFP) is a monthly measure of the United States labor market health, released every first Friday of the month by the Bureau of Labor Statistics. It is a key economic indicator for the United States economy and among the most market-moving data points for
    Read More
  • Feb 18 2021
    Francis Idowu

    POTENTIAL IMPLICATION OF RETAIL SALES ON POUND STERLING

    18th February 2021 Retail sale is an economic indicator that tracks consumer demand for finished goods by measuring purchases of durable and non-durable goods over a defined period of time. It is the primary gauge of consumer spending; an accurate measure of retail sales is vital for gauging the economic
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  • Feb 16 2021
    Francis Idowu

    POSSIBLE IMPACT OF RETAIL SALES ON THE GREENBACK

    Retail sales are an economic indicator that tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time. An accurate measure of retail sales is vital for gauging the economic health of the United States because consumer spending accounts for
    Read More
  • Jan 07 2021
    Francis Idowu

    Possible Impact of January’s Non-Farm Payroll Report

    The January Non-Farm Payroll (NFP) report is a key economic indicator for the United States. It is intended to represent the total number of paid workers in the United States excluding farm employees, government employees, private household employees, and employees of non-profit making organizations. The report is released every first
    Read More
  • Sep 25 2020
    Francis Idowu

    POSSIBLE IMPACT OF THE FORTHCOMING U.S PRESIDENTIAL ELECTION ON THE DOLLAR.

    Promises of job creation, national debt reduction and the creation of a strong national economy are more often than not the bedrock of election campaigns by politicians bidding for elected positions. However, the lack of conviction surrounding the November 3 U.S Presidential Election between the Republican candidate, President Donald Trump,
    Read More
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