UBS pushes back RBA rate cut forecast, holds firm on AUD/USD optimism

UBS pushes back RBA rate cut forecast, holds firm on AUD/USD optimism
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UBS pushes back RBA rate cut forecast, holds firm on AUD/USD optimism
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In forex trading, the initial goal is simple: to live to trade for another day. Opening an account and putting real money on it is the easy part. The challenge is to stay afloat long enough for you to acquire the skills and experience needed to become consistently profitable. So how do you know when…
EUR/USD extends its gains for the second successive day, trading around 1.1560 during the Asian hours on Wednesday. The pair advances as the US Dollar (USD) softens, weighed down by fading safe-haven demand amid a moderation in Middle East tensions. US President Donald Trump stated on Tuesday that the United States (US) would be “leaving…
Here are few steps to optimize a strategy after successful coding MT5 Strategy Tester in visualization mode has a drawback of not going backwards on the chart but it can pause and go step by step forward only. To overcome this problem, an analyst may have to use another approach to successful test strategy in…
What is a Spot Trade? A spot trade refers to the purchase or sale of a foreign currency, commodity, or financial instrument for immediate delivery on a specified spot date. A ‘spot contract’ typically involves the physical delivery of the asset. The most common type of spot trade is a foreign exchange spot contract, which…
ECB’s July meeting accounts highlighted that, while current conditions remain consistent with another rate cut, policymakers see a “high option value” in waiting until September. Rates were judged to be in “broadly neutral territory” after eight cuts in nine meetings, financial conditions remained stable, and inflation was viewed as “in a good place” relative to…
Following the close of the main trading session on 29 January, Tesla (TSLA) released an earnings report that fell short of analysts’ expectations. The company reported:→ Earnings per share (EPS) of $0.66, below the expected $0.74.→ Revenue of $25.7 billion, missing the forecasted $27.3 billion. Despite this, Tesla’s stock chart shows that the candle on…