BofA FX strategists see accelerated de-dollarisation, bearish on dollar

BofA FX strategists see accelerated de-dollarisation, bearish on dollar
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BofA FX strategists see accelerated de-dollarisation, bearish on dollar
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Broadridge Financial Solutions said it has added a new generative AI (GenAI)-powered advanced analytics feature to its multi-asset post-trade processing platform. The enhancement is said to be a key component of Broadridge’s OpsGPT application and aims to streamline trade data analysis and operational reporting. The company explained that the GenAI-powered functionality allows users to generate…
I’ll be honest with you — In my first year of trading, I had no idea there was a Forex position size calculator. I didn’t even know what position sizing meant. I just picked a lot size that “felt right.” Sometimes I’d go heavy because I was confident in the setup. Sometimes light because I…
Core PCE inflation to test bets of two Fed rate cuts in 2024 Yen awaits BoJ Summary of Opinions, Tokyo CPI Canadian CPI data also enters the spotlight Will PCE data confirm Fed rate cut bets? Although the Fed’s updated dot plot pointed to only one quarter-point reduction by the end of the year, the…
Introduction The quest for funded trading accounts has spawned specialized tools like Genie Pass EA, an Expert Advisor (EA) targeting FTMO challenge compliance. Marketed by BinaryForexEA.com and linked to Telegram handle @mmedigitals, this EA promises automated adherence to strict profit targets, drawdown limits, and risk rules. But does it deliver? This review dissects its features, strengths,…
Daily Pivots: (S1) 1.2498; (P) 1.2530; (R1) 1.2559; More… GBP/USD recovers mildly today but stays in range of 1.2474/2810. Intraday bias remains neutral for the moment. While another recovery cannot be ruled out, outlook will stay bearish as long as 1.2810 resistance holds. On the downside, break of 1.2474 will resume the fall from 1.3433…