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Is Forex Trading Right for You?
Briefly explain what forex trading is.Highlight the risks involved in forex trading.Mention the importance of education and learning about technical and fundamental analysis.State that you offer forex account management services (but don't guarantee profits or recovery of losses).Include a call to a
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The Dollar pauses after a climb
The US dollar is losing 0.2% since the start of the day on Wednesday against a basket of major currencies, signalling traders' eagerness to lock in some profits after a 2.5% rally over the previous seven days. Interestingly, dollar fatigue was evident shortly after Powell's admission that inflation
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USD/CHF Price Analysis: Rising in a channel
USD/CHF is trending higher within a rising channel. The trend is expected to continue to the next set of targets. A break below the lower channel line would be required to signal a reversal. USD/CHF is rallying in an ascending channel on the daily chart. It is in a short and medium-term uptrend whic
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Corporate Earning Updates Eclipse Gloom Over Delayed Fed Rate Cuts
Positive earnings scorecard from the corporate sector helped markets shrug off the pain of a potential deferment in the Fed's rate cut plans. Fed Chair Jerome Powell on Tuesday downplayed the likelihood of early rate cuts by the Fed. Data released earlier showed inflation in the U.K. rising more-tha
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Euro ends slide as industrial production rebounds
The euro has stabilized on Monday after sustaining sharp losses on Friday. In the European session, EUR/USD is trading at 1.0656, up 0.14%. The US dollar posted strong gains last week against the majors and surged 1.8% against the euro, which fell to a six-month low. Eurozone industrial production r
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FTSE Drifts Lower Amid Middle East Tensions
U.K. stocks traded lower on Monday amid signs of escalating tensions in the Middle East. Iran's Supreme National Security Council (SNSC) has warned of a "much harsher response" against any further action by Israel in the aftermath of the Islamic Republic's retaliatory operation into the occupied ter
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Asian Shares Retreat Amid Iran-Israel Conflict
Asian stocks retreated on Monday as Iran's drone attack against Israel sparked worries about inflation and the outlook for interest rates. Risk appetite weakened, while the dollar held firm and gold prices surged amid speculation over whether Israel will retaliate against Iran's unprecedented drone
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Pull-up Update