This week I thought I’d look at what typically happens after interest rate cuts or a series of interest rate cuts. This could be helpful as it could help us with longer term trade planning. Historically, when central banks initiate a cycle of interest rate cuts, it typically signifies efforts to stimulate economic activity during…
The Japanese yen has steadied on Monday after posting huge gains on Friday. USD/JPY is trading at 142.43 in the European session, up 0.15%. Incoming PM Ishiba says he’ll call snap election The yen soared on Friday but it was in response to political rather than economic developments. The ruling Liberal Democratic Party (LDP) unexpectedly…
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Most traders spend a lot of time and effort picking their trade entries but forget to plan their exits. But what use is a well-timed and properly executed entry if you aren’t able to minimize your losses or maximize gains? As you’ve probably learned through experience, the market doesn’t always go your way. Even if…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov US equity futures posted small moves after last week’s record highs on Wall Street, with traders already looking forward to key data on the American labor market due Friday and its impact on Federal Reserve interest-rate cuts. S&P 500…
In an earlier video (https://www.youtube.com/watch?v=iNWq0VG5C-M) I explained why I was bullish on BABA. Source link
2024.09.30 2024.09.30 Yen Soars After New LDP Leader Elected. Forecast as of 30.09.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The new Prime Minister of Japan holds hawkish views, which will allow the Bank of Japan to continue normalizing monetary policy and contribute to the downtrend on the USDJPY pair. Let’s discuss this topic and make a trading plan. The…
In the Foreign Exchange (FX) and Contracts for Difference (CFD) trading industry, “regulatory shopping” continues to shape the landscape. Firms navigate global jurisdictions to find the most advantageous regulatory environment for their business model. This trend has evolved from traditional financial centers like London and New York to emerging European hubs such as Cyprus and…
By Tom Westbrook and Alun John SINGAPORE/LONDON (Reuters) -The euro strengthened on Monday after German inflation data, while commodity currencies rose on hopes for a turnaround in China’s economy and the Japanese yen steadied as traders reacted to the new prime minister’s call for a snap election. The dollar, which was hovering near a one-year…
Online trading platform Saxo Bank announced the closure of its Hong Kong office on Monday, citing a “rapidly changing business landscape” in the region. The decision comes amidst ongoing geopolitical tensions and a broader economic slowdown. This was a “necessary decision,” Saxo Bank stated in a press release. The firm said it will prioritise a…