Today's forex trade ideas, trading tips and discussions for beginners, and the latest news affecting the forex market.
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| | | | Sunday, July 30th | Sponsored By | | |
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| | | | Here's What Happened to the FX Market This Past Week | | | The ECB surprised with a dovish announcement this week while the Fed remained stubbornly hawkish, fueled further by robust U.S. GDP and weekly jobless claims data. | | |
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| | | | | Last Week's Strongest and Weakest Currencies | | | Better read up on this week's forex weekly recap if you're wondering what happened to JPY in this chart! MarketMilk™ settings used: 4H time interval, real time price stream. | | |
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| Sponsored By |  | Trade directly on the outcome of events |  |
| Have an opinion on an event? Trade directly on its outcome with Kalshi - a federally regulated exchange that's backed by Sequoia Capital and Y Combinator.
Kalshi enables users to trade directly on the outcome of events through a new asset class: event contracts.
Event contracts allow investors to take Yes/No positions on events such as whether the U.S. will default on its debt obligations, whether the Fed will hike rates in June, what Biden's approval rating will be next month, and much more. | | | | |
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| | | | | This Week's Global Market Recap | | | The spotlight was on the FOMC decision this week, but the ECB and BOJ policy shifts stole the show, along with a few other market surprises from China and Australia. | | |
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| | | | | FX Play of the Day Recaps:
July 24 – 27, 2023 | | | In a tough week filled with major, major catalysts and elevated uncertainty, our FX strategists were able to arguably have two ideas play out effectively by the week close. Take a closer look at what happened and why traders had to stay on their toes this week! | | |
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| | | | | | | | Forum member THE_GOATE writes, "I believe the vast majority of people who trade forex do so in the hope of making money. So if you suddenly find yourself with 50 million to spare would you still be trading?" | | |
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 | BabyPips.com helps individual traders learn how to
trade the forex market. | We introduce people to the world of currency trading, and provide educational content to help them learn how to become profitable traders. We're also a community of traders that support each other on our daily trading journey. |
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