Spot gold turned lower from its $2,600 record highs following the Fed’s interest rate cut event! Are we looking at an opportunity to jump in XAU/USD’s long-term uptrend? Let’s take a closer…
Australia’s August Labor Market Data Shows Strength Despite High Interest Rates
Data from the Australian Bureau of Statistics (ABS) reflected the resilience of Australia’s labor market amidst an elevated interest rate environment. The economy added a net 47.5K jobs in August, higher than…
Event Guide: BOJ Monetary Policy Statement (September 2024)
The BOJ is not expected to change its policies this week, but the event will be under the spotlight as traders look for clues on the central bank’s immediate plans. Here…
Fed Cut Interest Rates by 0.50%, Dot Plot Suggests More Cuts in Next Meetings
The FOMC lowered interest rates by 50 basis points to 4.75% to 5.00% in their September meeting, marking an aggressive start to their monetary policy easing cycle. This was also the first…
3 Reasons You’re Not Meeting Your Trading Goals
One of the more important themes we have discussed before is the need for traders (especially the newbies) to focus on the process rather than the profits. The idea is that a…
Event Guide: Australia’s Employment Report (August 2024)
Heads up, Aussie traders! We’ll get a fresh update on the Land Down Under’s employment situation for August, and here’s how the numbers could impact intraday AUD price action. What…
Apply With No Fees Or Fee Waivers
Most colleges charge application fees of around $50 per application, but they can sometimes be as high as $90. This can really add up if you’re applying to 4-7 colleges. However, there…
Event Guide: BOE Monetary Policy Statement (September 2024)
After their “finely balanced” interest rate cut last month, will the Bank of England (BOE) follow through with a more convincing easing decision this time? Or will they choose to be…
Daily Broad Market Recap – September 17, 2024
Markets still seem uneasy ahead of this week’s FOMC decision, as intermarket correlations appeared to be a mess even while the U.S. dollar cheered the upside surprise in headline retail sales. Crude…
FX Watch: EUR/AUD Reversal Pattern Neckline Test Ahead of AU Jobs Data
The Aussie has been able to keep its head up so far this week, but will the upcoming Australian jobs release change all that? Here’s what I’m watching on the…