West Texas Intermediate (WTI) crude had a tough week with prices near the key support level of $67.50. This price point has been significant for several years, suggesting that value buyers may step in as the market nears this key area. But the...
Softening US market data suggests that the Federal Reserve (Fed) may take a less aggressive approach to future rate hikes, which could weaken the US Dollar (USD). According to the CME FedWatch Tool, the odds of a 25 basis point (bps) rate cut at the...
In the dynamic world of Forex trading, understanding different order types is crucial for effective trading strategies. Among these, Buy Stop and Sell Stop orders play significant roles, enabling traders to capitalize on price movements when they...
The Cable gained strength against its major counterparts following the Bank of England's recent monetary policy announcement. As anticipated, the BoE kept interest rates unchanged at 5%, a decision largely influenced by the higher-than-expected core...
The Euro’s trajectory for the rest of the year will be closely tied to market expectations surrounding the European Central Bank’s (ECB) interest rate decisions. The ECB is anticipated to implement one interest rate cut during its two remaining...