Canadian dollar rallies the most in three months as Fed's Powell turns more dovish

The Financial Conduct Authority (FCA) said Friday that it has fined Sigma Broking Limited £1,087,300 for failing to submit accurate transaction reports over a five-year period. The regulator revealed that between December 2018 and December 2023, Sigma submitted nearly 925,000 incorrect reports, representing almost all of its transactions during that time.  The FCA said the…

Following the ECB’s decision last week to leave interest rates unchanged, traders will closely monitor this week’s monetary policy announcements from the US Federal Reserve, the Bank of England, the Bank of Japan, and other central banks from Toronto to Taipei. As the XAU/USD chart shows today, the gold price has stabilised after its recent…

The Financial Conduct Authority (FCA) said this week that it is proposing new rules to better protect customers when payments and e-money firms go out of business. The FCA explained that while the use of payment firms has grown in recent years, it “continues to see poor safeguarding practices from firms,” putting customers at risk…

When you buy something through one of the links on our site, we may earn an affiliate commission. The Engulfing Candle is one of the simplest and possibly most underrated chart patterns in trading. In this tutorial, I’ll show you how to identify the pattern, what it tells us as traders and I’ll give you…

During this week the Expert Advisor made 9 trades, 8 of which were profitable. The profit of the EA is 2.85%, which is excellent for the Prop Firm’s account for the trading week. When you trade on Prop Firm accounts, you should not forget about controlling drawdowns in order not to lose your account, with…