Is the Trump Trade Back On? As we enter the last full week ahead of the US elections, polls are so tight that it is hard to see big bets on the outcome. In addition, the makeup of Congress and whether one party wins both houses or there is a split government will…
Welcome to a world where chess meets the dynamic forex market! Surprised? You shouldn’t be. Both fields demand sharp strategic thinking, careful planning, and quick decision-making. Chess is more than just a game—it’s a mindset. By applying its tactics to your forex trading strategy, you can elevate your trading performance. Think of every chess move…
High yield 4.138 WI yield st the time of the auction 4.122 Tail 1.6 basis point 6-auction avg. 0.5bps Bid-to-Cover 2.39X vs 6-auction avg. 2.37x Dealers 14.2% vs 6-auction avg. 14.4% Directs (a measure of domestic demand) 9.50% vs. 6-auction avg. 17.6% Indirects (a measure of international demand) 76.4% vs 6-auction avg. 68.0% AUCTION GRADE:…
Trading Room October 28, 2024 | 6:09 pm | The 5%ers’ Blog > Trading Room October 28, 2024 | 6:09 pmThe 5%ers’ Blog > Trading Room Live Trading Room The trading rooms are the opportunity to trade together with our traders! In the trading rooms, we will all interact, scan, and analyze the markets and…
By Renaud Foucart, Lancaster University This year’s Nobel memorial prize in economics has gone to Daron Acemoglu and Simon Johnson of the Massachusetts Institute of Technology and James Robinson of the University of Chicago for their work on why there are such vast differences in prosperity between nations. While announcing the award, Jakob Svensson, the…
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any…
Ever wondered why some traders succeed while others falter? The answer lies not just in technical skills but in the Athlete Mindset in Forex Trading. Top athletes possess a mental edge that sets them apart—discipline, resilience, and emotional control. These traits are crucial for traders as well. Forex trading demands more than just analysis; it…
Summary The FOMC started its nascent easing cycle with a bang, opting to reduce the fed funds target range by 50 bps to 4.75%-5.00% at its last meeting on September 18. But further policy easing seems set to proceed at a slower pace. We look for the FOMC to reduce the fed funds rate by…
The euro has started the new trading week with slight gains. In the North American session, EUR/USD is trading at 1.0817 at the time of writing, up 0.22% on the day. The euro has reeled off four consecutive losing weeks, declining 2.6% during that period. There are no economic releases out of the eurozone or…
Tesla stock crashed upwards last week on the back of a better-than-expected third-quarter earnings report and Hallucinogen from CEO Elon Musk. The opening was praised on Wall Street, with some analysts keeping or upgrading their buy ratings, but the competitive price was seen as a shortcoming of others. Bank of America has repeated its buy…