Abstract:The Australian dollar made a two-year low to end last week as bearish momentum appeared to pick up steam.
JPY: Monetary Base y/y, it measures change in the total quantity of domestic currency in circulation and current account deposits held at the BOJ.
AUD: MI Inflation Gauge m/m, it measures change in the price of goods and services purchased by consumers.
AUD: ANZ Job Advertisements m/m, it measures change in the number of jobs advertised in the major daily newspapers and websites covering the capital cities.
AUD: Building Approvals m/m, it measures change in the number of new building approvals issued.
EUR: German Trade Balance, it measures difference in value between imported and exported goods during the reported month.
CHF: CPI m/m, it measures change in the price of goods and services purchased by consumers.
EUR: Spanish Unemployment Change, it measures change in the number of unemployed people during the previous month.
EUR: Sentix Investor Confidence, it measures level of a diffusion index based on surveyed investors and analysts.
EUR: PPI m/m, it measures change in the price of finished goods and services sold by producers.
EUR: German Buba President Nagel Speaks, ECB Governing Council members vote on where to set the Eurozones key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.
CAD: Manufacturing PMI, It‘s a leading indicator of economic health – businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company’s view of the economy.
CAD: BOC Business Outlook Survey, Its a leading indicator of economic health – businesses react quickly to market conditions, and changes in their sentiment can be an early signal of future economic activity such as spending, hiring, and investment.
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Malaysia has seen a persistent rise in money game schemes, luring thousands of unsuspecting investors with promises of high returns and minimal risk. These schemes operate under various disguises, from investment clubs to digital asset platforms, yet they all follow the same fundamental principle—new investors fund the profits of earlier participants. Once the cycle collapses, the majority are left with devastating losses. Despite repeated warnings and high-profile cases, many Malaysians continue to fall victim. What drives this phenomenon?
Launched in 2008, Axi (formerly Axitrader), is an Australia-registered online forex broker that has gained solid development these years. Globally and heavily regulated, the Axi brand has several entities operating under different jurisdictions, including ASIC in Australia, FCA in the UK, CYSEC in Cyprus, FMA in New Zealand, and DFSA in the United Arab Emirates. Axi gives investors the opportunity to enter some popular markets with small budgets, including Forex, Metals, Indices, Commodities, Cryptocurrency, particularly IPOs, using its advanced software—the Axi Trading platform (newly launched), Copy Trading App, MT4, MT4 Webtrader . With no cost during account setup, traders can choose from 3 tailored live accounts in addition to a demo account. Among many forex brokers, Axi stands out due to its user-friendly interface, which allows for quick and simple account opening and withdrawals.
As we step into February 2025, the global Forex market is already showing signs of movement that traders can harness for profitable opportunities. With the start of a new year, it's the perfect time for both new and experienced traders to set clear goals, refine strategies, and position themselves for success. In this article, we’ll explore the key market trends, economic events, and actionable strategies that can help you start 2025 strong in Forex.