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economic indicators

The 4 Must Have CFD & FX Educational Pillars

It is often said the lack of acquiring the basic education before and during your trading expedition, could be costly and time-consuming than, doing so. Thus Xtrade endeavors to facilitate all members with all the vices needed to thrive and succeed. Acquiring of information or data alone may not be of much assistance, as knowing something, […]

BOE Rate Decision, Forward Guidance & Trade Woes

Following the Fed’s Interest Rate decision on Wednesday with a bright forwarding guidance and upbeat ADP, Private sector employment report, which revealed 215k were employed, bolstering the USD to maintain its current bullish stance. Market participants are attentive to events coming out of the UK as the BOE is likely going to hike interest rates […]

Pre-Weekend Profit-Taking & Market shake up

Asian Markets opened positively with the Hang Seng leading the way. Motivating the EU markets to be hopeful, however with profit taking lurking reversals and corrections are inevitable for the day. Assets are likely, going to be oscillating between gains and losses. Germany 30(DAX30) is probably going to be ranging between (13,016.18 – 13,031.90), with […]

Fed chair Powell sets tone with first policymaking meeting

Dollar slips after Fed decision, trade worries shackle shares. The US central bank raised the target range for the federal funds rate to 1.5-1.75% as it predicted inflation would accelerate in the coming months. The overall message was hawkish, projections indicated there would be three rate increases this year, against some forecasts of four. Instead, […]