Key points to watch out for: Reserve Bank of Australia in trouble The Reserve Bank of Australia (RBA) will be in the spotlight on Tuesday, June 18, when it is due to meet to make policy decisions for the month of June. Like its counterparts around the world, the RBA’s monetary policymakers expected their job […]
Understanding Stock Trading: A Comprehensive Guide for Beginners and Refreshers
In this article, we’ll explore the fundamentals of stock trading, delve into the factors that influence stock prices, and offer practical tips for those looking to enter this market. Whether you’re a novice trader seeking to understand the basics or someone looking for a refresher on stock trading principles, this guide aims to provide valuable […]
Markets Closed for Juneteenth Day
Impact on US Stocks, Commodities, and Indices As we observe Juneteenth Day, we want to inform our traders about the adjusted trading hours for this holiday. Juneteenth Day, celebrated on June 19th, commemorates the emancipation of enslaved African Americans in the United States. Please note that during the holiday, US stocks, commodities, and indices markets […]
Unlocking the Global Currency Market: A Beginner’s Guide to Forex
This guide provides a comprehensive overview of the forex market, exploring its key advantages and potential risks. It dives into the significance of major currency pairs and offers valuable insights on considerations for effective trading. Whether you’re new to forex or seeking to refine your strategy, this guide aims to equip you with the essential […]
Master Your Trading Operations: 5 Key Steps to Success
Surely, the most experienced traders have studied the market in which they are going to operate and have defined a trading plan that suits their strategies and their objectives. This varies according to each person and their tolerance to the risk of loss. However, inexperienced traders often seek the easiest ways to achieve their income […]
U.S. stock markets rise in anticipation of Fed interest rate decision and CPI data
U.S. stocks rose on Wednesday, supported by stronger-than-expected May inflation data before the end of the Federal Reserve’s latest policy meeting. Fed meeting and CPI data U.S. consumer prices increased less than expected on an annual basis in May, as the consumer price index rose 3.3% over the prior year, slowing only slightly from April’s […]
Daily technical analysis EUR/USD: Awaiting key events
The EUR/USD failed to hold on to yesterday’s early gains and continued its losses to the 1.073 support level, its lowest level in more than a month, as political uncertainty in France weighed on market investor sentiment. French President Emmanuel Macron called for early parliamentary elections in response to the far-right’s success in the European […]
Dollar retreats before Fed meeting and CPI data
The U.S. dollar retreated on Wednesday after hitting a four-week high in overnight trading ahead of the conclusion of the Federal Reserve’s latest monetary policy meeting. Dollar on watch ahead of Federal Reserve meeting The dollar has lost ground from its recent highs, although the U.S. currency has been in high demand following Friday’s better-than-expected […]
Market Volatility: Strategies for Navigating Risks and Seizing Opportunities
In this article, we’ll explore volatility in financial markets, a critical concept for traders and analysts alike. Understanding and mitigating the risks associated with market volatility can uncover both challenges and opportunities. It is also important to keep in mind that there are ways to reduce the risk of volatility in the markets. It is […]
Cryptocurrencies fall on concerns over U.S. inflation data
The cryptocurrency market has been seeing significant volatility as the Federal Reserve prepares to release updated economic projections this week. Despite little growth, market watchers and investors expect these projections to indicate fewer interest rate cuts. JPMorgan and Citi drop estimates for July rate cut Fed Chairman Jerome Powell has signaled that actual results may […]