What a Biden presidency may mean for consumer protections
President-elect Joe Biden on Nov. 9, 2020 at the Queen Theater in Wilmington, Delaware. Joe Raedle | Getty Images News | Getty Images Joe Biden’s presidency could have big implications for everyday Americans when it comes to financial protections. With...
What is Copper? A Trader’s Primer to Copper Markets
Copper is one of the most versatile and widely-used metals in the world, and a widely-traded asset in the major commodities market. In this article, discover what copper is and its history, as well as what affects copper prices and...
GBP/USD Higher on Solid Job Data
GBP/USD continues to head upwards. In the North American session, the pair is trading at 1.3233, up 0.53% on the day. The pound is now trading at its highest level since September 7th. UK employment data beat expectations The UK...
Sterling Surges on Johnson’s Defeat in Lords, Markets Mixed Elsewhere
Sterling surges broadly today, as traders apparently cheers Prime Minister Boris Johnson’s defeat in the Lords regarding his internal market bill. But the forex markets are relatively quiet elsewhere. New Zealand Dollar is currently the second strongest, following the Pound....
EURGBP Outlook: Falls To Nine-Week Low As Pound Continues To Benefit From Fresh Risk Mode
The cross extends steep fall into second consecutive day (down so far 1.55% since Monday’s opening) and hits nine-week low at 0.8883 on Tuesday. The single currency comes under increased pressure on fresh risk appetite on vaccine news that inflate...
GBP/AUD 4H Chart: Selling Signals
The British Pound has declined by 469 pips or 2.54% against the Australian Dollar since October 30. The currency pair breached the 50-, 100– and 200– period SMAs during this week’s trading sessions. Technical indicators suggest selling signals on the...
RBNZ Set To Launch New Lending Programme, Negative Rates May Have To Wait
The Reserve Bank of New Zealand is due to announce its latest policy decision on Wednesday (01:00 GMT) and will present its updated forecasts in the Monetary Policy Statement to be published at the same time. New Zealand’s economic prospects...
Markets Mixed as Vaccine Boost Fades, Dollar Support by Yields
The forex markets turned mixed in Asian session today as the boost from coronavirus vaccine faded quickly. The close in US stocks overnight was rather disappointing and DOW ended up just 2.95%. NASDAQ has indeed closed with -1.53% loss. In...
GBP/USD Facing Hurdles Near 1.3200, Gold Price Nosedives
Key Highlights In a statement, Pfizer Inc. stated its coronavirus vaccine prevented more than 90% of infections, sparking sharp moves in the market. Gold price declined over $1,000 from the $1,960 resistance area. EUR/USD reacted to the downside, as the...
Ant’s suspended IPO is a ‘sign of the times’ and ‘not an isolated case,’ says investor Mark Mobius
The suspension of Ant Group’s initial public offering (IPO) is a sign of the times, according to veteran investor Mark Mobius, who is the founder of Mobius Capital Partners. Ant, an affiliate of Jack Ma’s Alibaba, was all set for...
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Trading education
Introduction to Basic Trendline AnalysisIn this series we will piece together the anatomy of a swing trade and discuss ... 
Daily Forex Trading Course Walkthrough: Part TwoForex Trading Course Walkthrough Talking Points: This is the second of a ten-part series in ... 
Forex Trading Truth or Lie? Uncovering the Truths of FX TradingDo you know the truths about forex trading? Traders face a barrage of information when ... 
Daily Forex Trading Course Walkthrough: Part FiveForex Trading Course Walkthrough Talking Points: This is the fifth of a ten-part series in ... |