"It's not whether you are right or wrong, but how much you make when you are right and how much you lose when you are wrong". This quote from George Soros sums up perfectly what trading is all about....
This isn't anything new as the presumption now is that they will have the election in October. But either way, it will definitely be in the second half of the year surely at this stage. Politics is go...
Fundamental Overview Last Thursday, the USD weakened across the board following the weak US jobless claims figures where initial claims spiked to the highest level since August 2023. Now, jobless clai...
In terms of market pricing, the first full 25 bps rate cut is currently baked in for August. But the odds of a June move are at ~54% currently. And for the year as a whole, traders are pricing in ~56...
The euro is mildly higher but as the range for EUR/USD holds within 20 pips, it isn't really saying much. Besides, the pair is still keeping below its 200-day moving average of 1.0790 and the 1.0800 m...
There is just two to take note of, as highlighted in bold . They are both for EUR/USD and layered close by at the 1.0750-55 level. That should see price action keep more compact in and around current...
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