Dollar retreats on weak data; still set for weekly gain

Dollar retreats on weak data; still set for weekly gain
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Dollar retreats on weak data; still set for weekly gain
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Our short orders on AUD/JPY were narrowly missed before sellers took control and take the pair much lower on souring broad market sentiment. Let’s do a quick review to see what we could do better going forward! This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free…
Yesterday, the price of Brent crude climbed above $65.60 — the highest level in over a week. According to media reports, several bullish factors are driving this move:→ Stalled negotiations between the US and Iran over abandoning Iran’s nuclear programme in exchange for lifting oil export sanctions;→ Wildfires in Canada, which have significantly reduced oil…
The MQL5 marketplace is full of powerful Expert Advisors, especially in the XAUUSD (Gold) category. Many systems rank as “Best Sellers” — but one key question remains: 👉 How did they actually perform under real market conditions? March 2026 delivered strong volatility and directional moves — the exact type of market where weak strategies get…
GBP/USD rises 0.12% to 1.3289 as Dollar slumps on soft US labor data. July NFP print at 73K; prior months revised down 258K, triggering BLS chief firing. Markets price 76% chance of Fed rate cut in September. BoE expected to cut by 25 bps on August 7; 50 bps easing seen for 2025. The GBP/USD…
Are you having trouble making money in the forex market? You’re not alone. Many traders start without a good plan, leading to frustration and losses. The currency markets can be tough, taking your money if you’re not ready. But there’s a way out. By creating a profitable forex trading strategy, you can move through these…
Commodity-linked currencies have moved into a stabilisation phase after a prolonged decline. Last week, pressure on the AUD and NZD eased slightly, and the pace of the downturn slowed. AUD/USD and NZD/USD are consolidating near major support levels — their yearly lows — where the market is weighing the chances of a short-term rebound against…