6 Effective Forex Strategies for Unstable Market Trends
Forex market is unpredictable and affected by global events, central bank policies, geopolitical tensions, and even unexpected news releases .This volatility can be challenging for traders. However, those with a solid plan and strong strategies are less affected by market fluctuations..To avoid losses and stay stable in volatile conditions, it’s crucial to understand these 6 effective strategies. Theyll help you navigate market trends.
Fed Rate Cuts May Not Happen in July, Markets Await Policy Meeting Minutes Release
Federal Reserve officials had a meeting on June 17-18 during which some of them expressed a fall in interest rates in July. However, a lot of policymakers are still worried about the inflationary pressures that might emerge from US President Donald Trump’s import tariff decisions aimed at changing global trade. So, it seems the rate cut may not happen in July. Read this to know more.
Breaking News: Trump Announces 50% Import Tariff on Copper and 200% on Pharma
US President Donald Trump has announced a 50% tariff on copper and copper product imports to the country. He further warned that the import duty on pharmaceuticals can rise up to 200%. Read this to know more details.
Gold Rush Again: What's Driving the Bullion Market Crazy Ahead of US Jobs Data?
Gold prices rebounded on July 1 owing to a declining US dollar and mounting concerns over US trade tariffs. Investors resorted to the yellow metal as key US economic and policy data is about to be made public.
Key Economic Calendar Events for This Week
This week's key economic events include China's loan prime rate, Indian Union Budget, German Ifo Business Climate Index, and U.S. GDP data, along with U.S. existing and new home sales. These events will significantly impact major currency pairs like EUR/USD, GBP/USD, and USD/JPY, influencing market volatility and trader sentiment based on economic health indicators and central bank policies.
Weekly Economic Calendar: Key Events Impacting USD, JPY, GBP, EUR, and Gold (XAU)
This week's economic calendar is packed with key events affecting USD, JPY, GBP, EUR, and Gold (XAU). In the USA, watch for Core PCE Price Index, ISM Manufacturing PMI, Initial Jobless Claims, and JOLTs Job Openings. Japan releases the Tankan Large Manufacturers Index and Services PMI. The UK focuses on Manufacturing and Construction PMI, while the Eurozone releases CPI and Services PMI data. Each event's potential impacts on currencies and gold are analyzed for market insights.
GemForex - weekly analysis
Market movers: The Week Ahead
