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Korean and South African Interest Rate Cuts to 2.5% and 7.25% May 29, 2025 Central bank interest rates were sliced today by 25 basis points in both South Korea and South Africa. South Korea‘s new Base Rate becomes 2.50%, its lowest level since October 2022. A peak of 3.5% had been maintained from January 2023…
3 Unusual Tips for Newbie Forex Traders
Getting sick of the good ol’ trading tips for beginners? Here are some unusual (yet very helpful!) pieces of advice I’ve garnered from trading pros: 1. Don’t look at your P/L Wait, what..? That’s right, close that P/L tab on your trading platform or cover that panel up with some masking tape if you have…
A Stew of FOMC Minutes, Preliminary Purchasing Manager Survey Results, and Producer Price and Consumer Confidence Reports – Currency Thoughts
A Stew of FOMC Minutes, Preliminary Purchasing Manager Survey Results, and Producer Price and Consumer Confidence Reports August 21, 2025 In spite of on-going concern about tariffs and geopolitical strains, the preliminary readings of August purchasing manager surveys highlighted unexpected economic resilience around the world: The S&P Global-compiled U.S. composite PMI index jumped to an…
Cryptoverse: Trump’s Bitcoin Proposal Sparks Discussion
At a recent crypto convention in Nashville, Tennessee, Donald Trump urged the audience to retain their bitcoin holdings. In late July, the Republican presidential candidate delivered this speech to a cheering crowd. This speech represents another step in his effort to attract crypto-focused voters before the November election. Trump made several campaign promises, notably proposing…
EUR/USD Forecast: Bulls Intact Amid German Data, Hawkish ECB – Forex Crunch
The EUR/USD forecast remains bullish amid a weaker dollar and a resilient Eurozone economy. ECB officials highlight the EU’s stable inflation, pointing to a likelihood of a rate hike next year. All eyes are on the FOMC press conference and labour data to provide fresh impetus to the market. The EUR/USD pair opened the week…
