Losing is inevitable in trading, so you might as well learn how to deal with losses. In forex trading (as in life in general), there will always be ups and downs. Most…
Daily Broad Market Recap – May 8, 2025
Today’s U.S.-U.K. trade framework sent the dollar, stocks, and bitcoin climbing, while gold tumbled as risk appetite surged. Sterling rose despite a BOE rate cut, and upbeat German data helped fuel a…
BOE Cuts Rates but Divided Vote Sparks GBP Rally
The Bank of England (BOE) cut its key interest rate by 25 basis points to 4.25%, but surprised markets with a deeply divided 5-4 vote that sent the pound climbing higher across…
Daily Broad Market Recap – May 7, 2025
The major assets saw a tug-of-war as U.S.-China trade talk optimism and Trump’s plans to ease AI chip restrictions battled against Powell’s cautious Fed stance and global demand concerns. U.S. stocks managed…
FOMC Kept Rates Steady on Trade Uncertainty But USD Still Higher
As expected, the Fed kept interest rates on hold at 4.25-4.50% for the third consecutive meeting during their May decision, citing trade uncertainty and stagflation risks as reasons to stay cautious. In…
Event Guide: Canada’s Employment Report (April 2025)
Will Canada’s April jobs numbers reflect weakness and add to dovish BOC speculations? Or will they come in stronger-than-expected and fuel Canadian dollar demand? Here are the points you need…
Chart Art: Is Bitcoin (BTC/USD) Setting Its Sights Higher Again?
Don’t look now, but bitcoin seems to be showing increased signs of upside momentum! Does this mean that the altcoin is poised to test its record highs or form new ones soon?…
2 Ways You Can Speed Up The Learning Curve of Your Trading Process Changes
What do Michael Jordan, Martha Stewart, and Taylor Swift have in common? If you answered “They all have Netflix documentaries,” then you’re right. You also probably have too much time on your…
Event Guide: BOE Monetary Policy Statement (May 2025)
Will this week’s Bank of England (BOE) monetary policy decision highlight a shift in biases among committee members? Some policymakers have been expressing concerns about global trade uncertainty while U.K….
New Zealand Saw 0.1% Quarterly Uptick in Jobs, Unemployment Rate Steady at 5.1%
New Zealand’s quarterly employment report showed a 0.1% uptick in hiring as expected in Q1 while the unemployment rate held steady at 5.1% instead of rising to 5.3%. Meanwhile, the labor force…