China NBS Non-Manufacturing PMI came in at 49.4 below forecasts (50.3) in January | FXStreet
China NBS Non-Manufacturing PMI came in at 49.4 below forecasts (50.3) in January
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China NBS Non-Manufacturing PMI came in at 49.4 below forecasts (50.3) in January
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The Market Isn’t Your Enemy One of my favorite articles I wrote as a warning to all traders is entitled, The Market Isn’t Your Enemy and it is worth repeating in the current market. I posted this (see below) several years ago to go along with the article and if it was today, I would…
The latest U.S. CPI report showed inflation still running 100 basis points above the Fed’s 2% target, with both headline and core readings at 3.0%. Yet, since that was slightly below the 3.1% consensus, traders viewed it as a modest relief. The data helped reinforce expectations that the Fed will cut rates by 25 basis…
The Dow Jones (US30) decreased by 0.47% on Thursday. The S&P 500 Index (US500) was down 0.60%. The NASDAQ Technology Index (US100) lost 0.66%. On Thursday, Fed Chairman Powell clarified that there was no need for an immediate rate cut, citing the economy’s strength, a robust labor market, and stable inflation. Powell’s comments echoed his…
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
Introduction In the latest wave of developments across European foreign exchange markets, the British pound faced renewed selling pressure after the release of weaker-than-expected employment figures from the United Kingdom. The disappointing data ignited speculation that the Bank of England (BoE) could soon lower interest rates to support a slowing economy. As traders reassessed their…
Is keeping a detailed forex trading journal not enough for you to stay in the zone? If you’re looking to take your journaling a notch higher, you might want to consider using a voice recorder to keep track of how you talk to yourself while trading. Sounds pretty crazy, huh? You might not be aware…