Dollar Extinguishes All Candles The brief rally for the EUR/USD currency pair didn't last long. A slowdown in the Personal Consumption Expenditures (PCE) index—an inflation gauge preferred by the Federal Reserve—to 0.1% month-over-month in November,...
Following the US Dollar's (USD) footsteps throughout Tuesday's North American trading hours, EUR/USD remains sideways. Due to Wednesday and Thursday's Forex market holidays—Christmas Day and Boxing Day, respectively the US Dollar Index (DXY), which...
GBP/USD consolidates in a range at around 1.2550 on Tuesday after closing in negative territory on Monday. The US Dollar preserves its strength and makes it difficult for the pair to gain traction as trading conditions thin out on Christmas Eve The...
Free Margin In forex trading, Free Margin is the amount of money in a trading account that is available for opening new positions or sustaining existing ones without hitting the margin call. It is the difference between your Equity and the Margin...
XAU/USD Technical Analysis and Key Concepts Current Market Momentum XAU/USD is rallying after hitting a daily low at 2609. The price is currently trading at 26188, indicating an improvement from previous levels. On the hourly chart, the price...
