Sterling remain remains the strongest one for today, as it’s maintaining post BoE gains. Nevertheless, there is no apparent follow through buying after the initial surge. On the other hand, Dollar appears to be stabilizing mildly, and it’s receiving some support from better than expected jobless cla

US Q2 GDP overview Thursday's US economic docket highlights the release of the Advance Q2 GDP report, scheduled at 12:30 GMT. The preliminary number is expected to show that the world's largest economy collapsed by a record 34.1% annualize pace during the second quarter of 2020. As Joseph Trevisani,

Gold has seen its expected move to new record highs and strategists at Credit Suisse are starting to see signs of temporary overextension. Therefore, they expect the yellow metal to experience a consolidation phase before resuming the uptrend towards the $2000 psychological mark. Key quotes “Gold st

Due to the low volatility in eur/usd market, the EA strategy, which I named Pheonix, suffered a relatively large drawdown. This volatility situation was not common at least in the last 3 years. In the other hand, after this drawdown, I modified my EA strategy to ensure it can still perform well unde