In the final days of August, the dollar weakened after Jerome Powell’s dovish remarks at Jackson Hole. The Fed Chair hinted at a possible rate cut in September, which sent the Dollar Index (DXY) sharply lower. Over the past week, the index failed to recover those losses and closed at 97.77. Investors continue to expect…
Mastering Retracements in Trading: A Practical Guide Mastering Retracements in Leverage Trading Retracements are one of the most powerful tools in technical analysis, and understanding how they work can significantly improve your trading results. In this article, we’ll break down why retracements work and how to trade them effectively using a common-sense approach. Why Do…
The chart of the dollar index (DXY) last week resembled the Greek letter “Λ.” Accordingly, the dynamics of major dollar-paired assets can be illustrated as a Latin “V.” For most of the five trading days, the U.S. currency strengthened, but then Jerome Powell delivered a blow. In his speech prepared for the annual Jackson Hole…
EUR/USD rallies nearly 1% as Powell signaled policy flexibility and acknowledged downside risks in the US labor market. Traders boosted odds of a 25 bps Fed cut in September to 90%, up sharply from 72% on Thursday. Outcome hinges on Core PCE, CPI, and Nonfarm Payrolls before September, with risks skewed toward inflationary pressures. EUR/USD…
Week Ahead: 18-22nd August 2025; Highlights include Jackson Hole, FOMC minutes; Japan & Canada CPI; PBoC, RBNZ, Riksbank Newsquawk Week Ahead Highlights: 18-22nd August 2025 MON: N/A.TUE: US Building Permits (Jul), Canadian CPI (Jul).WED: RBNZ Announcement, Riksbank Announcement, FOMC Minutes, Bank of Indonesia Announcement, PBoC LPR, UK Inflation (Jul), EZ Final CPI (Jul), New…
Last week was marked by volatile dynamics across financial markets. The euro hovered near the upper end of its range, gold eased slightly, bitcoin rallied toward new highs before pulling back, and Brent crude held just above $66 per barrel under pressure from both geopolitical and fundamental factors. 💶 EUR/USD EUR/USD ended the week around…
In recent years, the online trading market has been expanding rapidly, and the presence of traders from Muslim-majority countries has become increasingly visible. According to the Pew Research Center, the global Muslim population now exceeds 1.9 billion people, representing almost a quarter of the world’s total population. The highest concentrations of Muslims are found in…
EUR/USD is up 0.50% to 1.1673 after July US CPI shows a flat headline but a hotter core print. Markets still price in >90% chance of a September Fed rate cut despite core CPI beat. Trump slams Powell for being “too late” on cuts, threatens lawsuit over Fed building renovations. The EUR/USD rises during the…
EUR/USD down 0.30%, trading at 1.1605 after touching daily high of 1.1675. US Dollar bought ahead of US July CPI release; hot print could dampen Fed rate cut bets. Italy’s July inflation steady at 1.7% YoY, matching ECB target and June reading. Trump–Putin talks may yield Ukraine ceasefire progress, potentially easing EU energy costs. The…
The presentation below is designed to help you gain the opportunity to turn your portfolio into a positive position in a short time. To be sure, take the time to test it yourself. The backtest below can be used as a guide, but you can also test it yourself using random time periods, including several…