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BySilas WThe focus shifted to the US jobs report released at 8:30 AM from the barrage of news from the Middle East. February U.S. employment report showed a noticeable slowdown in hiring, with nonfarm payrolls falling by about 92,000, well below expectations for modest job growth. The unemployment rate edged up to 4.4% from 4.3%, pointing…
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BySilas WWhy Stops Are a Trader’s Lifeline in Forex Trading The Good, Bad, and Ugly of Using Stop Loss in Forex Trading If you want to stay in the trading game for the long run, using stop-loss orders is non-negotiable. While it may be tempting to trade without them, one unexpected headline, flash crash, or…
Gold Stands at the Back Foot as Dollar Benefits from Higher US Inflation – ActionForex
BySilas WGold holds in red for the second consecutive day, pressured by stronger dollar on growing uncertainty in the Middle East and sidelined expectations for potential Fed rate cuts, as inflation in the US rose further (both consumer and producer price index rose significantly in April). Fundamentals, however, show mixed signals as Fed is likely to…

