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Dollar holds steadier ahead of European trading | Forexlive
BySilas WThe RBA was the key highlight to start the day and they delivered a more hawkish rate cut, more or less what was expected. The central bank made clear that this doesn’t mean there will be another in April but they are willing to move again so long as there is evidence of further disinflation….
Japanese yen stabilizes after post-election slide – MarketPulse
BySilas WThe Japanese yen has steadied on Thursday after plunging 2% a day earlier. In the European session, USD/JPY is trading at 154.00, down 0.40% on the day. The dust hasn’t settled from the US election, as a red Republican wave swept across the country. Republican Donald Trump retook the presidency in convincing fashion, easily defeating…
Yuan-Backed Stablecoins: China’s Challenge to the Dollar – Edge-Forex
BySilas WYuan-Backed Stablecoins are emerging as China’s latest strategic tool in the global financial arena. Unlike earlier crackdowns on crypto, this shift signals a pragmatic approach. By exploring Yuan-backed stablecoins, Beijing aims to challenge dollar-denominated stablecoins and push for the internationalization of the Yuan. If successful, this move could reshape the balance of power in global…
Kraken acquires Bitnomial for up to $550M, securing a full U.S. derivatives stack
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Top 10 Biggest Myths in Forex Trading
BySilas WThe world of forex trading is surrounded by myths and misconceptions that often mislead both beginner and experienced traders. These myths can create unrealistic expectations, foster bad habits, and hinder your trading success. In this article, we will debunk the top 10 biggest forex trading myths and show you how to avoid falling victim to them….
Mexican Peso softens ahead of Banxico decision as economic outlook weighs
BySilas WThe Mexican Peso falls as traders brace for a 50-basis-point rate cut amid signs of cooling inflation and weak economic activity. Banxico expected to slash rates by 50 bps as economy shows signs of fatigue. Economic activity remains in contraction despite solid retail sales and marginal January improvement. The Mexican Peso (MXN) depreciates against the…

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