The Fed is widely expected to cut its interest rates by 25bps this week. How might the U.S. dollar react to the news, and how can you trade the event? …
Category: Forex
Daily Broad Market Recap – December 17, 2024
Global markets turned cautious before the Fed’s decision as strong U.S. retail sales cooled rate cut hopes, while China’s record capital outflows and BOJ hike speculation dominated currency price action on Tuesday….
Chart Art: GBP/CHF Is Testing A Key Range Resistance Area!
GBP/CHF is knocking on a key technical resistance level after yesterday’s market moves. Will we see an upside breakout this week? Or will the bears step in to keep the pair inside…
Event Guide: U.K. CPI Report (November 2024)
The U.K. economy will be printing its CPI release a day ahead of the BOE decision this week, so the inflation report could strongly influence policy expectations. Here’s what number…
Daily Broad Market Recap – December 16, 2024
Despite a busy economic schedule for the day, markets were off to a sluggish start and correlations were mostly out of sync while asset classes responded to individual catalysts. Still, some risk-on…
U.S. Flash PMIs Show Growth Acceleration Despite Manufacturing Weakness in December
Data from S&P Global showed economic growth accelerating in December, though with significant divergence between sectors. The services sector saw dramatic expansion, with PMI rising to 58.5 from 56.1, marking a 38-month…
5 Ways You Can Trade Like a Hunter
In many trading-related books, we often see the markets become associated with a jungle. And why not? Every day, traders battle it out with animal references such as the bulls and the…
Event Guide: U.K. Employment Report (November 2024)
We’ve got a crucial U.K. jobs report ahead that could determine the pound’s fortunes into year-end! With the Bank of England (BOE) still weighing rate cut timing and markets already jittery…
Why Traders Should Use B2TRADER Trading Platform
What is B@TRADER? The digitalization of platforms and technological advancements give traders a broad choice of software and systems that they can use to manage their investments and make correct trading decisions….
Chart Art: Gold (XAU/USD) Ascending Triangle Pattern Forming
Is gold about to break out soon? I’m seeing a fresh triangle consolidation pattern forming on its 4-hour chart, with price currently testing support. Gold (XAU/USD) 4-hour Chart by TradingView Gold prices…