India's FX reserves halt 7-week losing spree as rupee pressure eases

India's FX reserves halt 7-week losing spree as rupee pressure eases
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India's FX reserves halt 7-week losing spree as rupee pressure eases
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The fear of losing money in forex trading is a common challenge for traders. This fear can prevent you from making confident decisions, leading to mistakes and missed opportunities. Whether you are new or experienced, overcoming this fear is crucial for success. By understanding forex trading psychology and learning how to manage risk in forex…
Central Bank Interest Rate Changes in Moldova and Iceland February 5, 2025 The National Bank of Moldova‘s policy rate was raised by 90 basis points today to 6.5%, its highest level since June 2023. Today’s is the second increase this year following one of 30 basis points in January. The rate had been at 3.6%…
MON: Italian Judicial Referendum, Japanese CPI (Feb) TUE: BoJ Minutes (Jan), EZ/UK/US Flash PMIs (Mar) WED: Riksbank Minutes, ECB Wage Tracker, UK Inflation (Feb), German Ifo Survey (Mar), US Durable Goods (Feb) THU: Norges Bank Policy Announcement, German GfK Consumer Confidence (Apr) FRI: UK Retail Sales (Feb), Moody’s on Italy JAPANESE CPI (MON): National CPI…
Why is Day Trading So Hard? The Challenges and How to Overcome Them Many aspiring traders enter the financial markets with high expectations, only to quickly realize that day trading is hard. While the idea of making quick profits in a single trading session is appealing, the reality is that day trading requires skill, discipline,…
Hello traders. As our members know we have had many profitable trading setups recently. In this technical article, we are going to talk about another Elliott Wave trading setup we got in E-mini Nasdaq-100 Futures. Recently NQ_F made a clear three-wave correction. The pull back completed as Elliott Wave Double Three pattern and made a…
On Tuesday, the EUR/USD pair experienced some price movements. Let’s break down the key levels and potential scenarios for traders to watch. Recent Price Action Support: The pair found support above 1.0795. Resistance: It encountered resistance below 1.0835. This suggests that after a short-term rise, the EUR/USD could continue its downward trend. Key Levels to…