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Chart Art: GBP/CAD Reversal Pattern Forming

Posted on September 12, 2024

This sterling pair seems to be struggling to sustain its recent trend, and a chart pattern is forming to suggest a potential reversal. GBP/CAD made a couple of failed attempts to bust…

Understanding Grandparent-Owned 529 Plans

Posted on September 12, 2024

Source: The College Investor What is a grandparent-owned 529 college savings plan? How do they work? What do you need to know about them and what changes should you know about?  A…

Gen Z Social Finance App

Posted on September 12, 2024

Half social media, half personal finance, Frich is a new social finance app that blends both together. It relies on user-generated survey data to generate reports about how young people spend and…

Daily Broad Market Recap – September 11, 2024

Posted on September 12, 2024

The major assets were all over the place on Wednesday as traders priced in their Fed rate cut biases, U.S. political updates, and top-tier reports from the U.K. and the U.S. In…

Hotter U.S. Core Inflation Reduced The Odds Of A 50bps Fed Rate Cut

Posted on September 12, 2024

Data from the U.S. Bureau of Labor Statistics showed the U.S. headline inflation clocking in at 0.2% m/m in August, the same as July’s rates and analysts’ estimates. The annual headline inflation…

FX Watch: Can The U.K.’s Jobs Data Push GBP/AUD Back To Its August Highs?

Posted on September 12, 2024

Can this week’s U.K. jobs reports extend GBP/AUD’s September uptrend? We’re looking at a potential break-and-retest scenario ahead of this week’s market movers. Check out our 1-hour setup! This Article Is For…

FX Watch: GBP/JPY to Test Area of Interest During U.K. Jobs Release?

Posted on September 11, 2024

Guppy was in a steep selloff mode last week, but are we about to get a correction soon? Can the upcoming U.K. jobs report sustain the downtrend on this pair? Here are…

5 Questions to Ask When You’re In A Trading Slump

Posted on September 11, 2024

In forex trading, the initial goal is simple: to trade for another day. Opening an account and putting real money on it is the easy part. The challenge is to stay afloat…

U.K. Economic Growth Stagnated in July 2024

Posted on September 11, 2024

The latest U.K. economic activity update reveals a stagnant picture for July 2024, with flat GDP growth and mixed performance across sectors, likely leaving the Bank of England (BoE) in a delicate…

Event Guide: U.S. CPI Report (August 2024)

Posted on September 11, 2024

Expectations are already running high for a September Fed rate cut, but can the upcoming CPI release determine how large the reduction could be? Here’s what market analysts are projecting. This Article…

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