Date: 9th September 2024. Market Update – How Aggressively Might the Fed Cut Interest Rates? Financial Markets Performance: *The USDindex slumped to 100.58 before bouncing to a 101.187 close. *The USDJPY lifted to 143.21. The Yen corrected, which...
Silver Price Forecast: XAG/USD plummets over 3% below $28.00 Silver price (XAG/USD) inches higher to near $28.00 per troy ounce during the Asian session on Monday. The non-yielding assets like Silver gains ground as weak US jobs data increase the...
The Average True Range (ATR) indicator is a technical analysis tool used to measure the volatility of a financial instrument, such as a currency pair, when trading forex. It was introduced by J. Welles Wilder in his 1978 book "New Concepts in...
Trading With High leverage Leverage is one of the most attractive features of the forex market, allowing traders to control a large position with a relatively small amount of capital. High leverage can magnify both gains and losses, making it a...
The GBP/USD pair also showed a downward movement on Friday. The dollar rose based on the U.S. labor market and unemployment data, which seemed miraculous. However, the reports themselves were again not the best. The unemployment rate decreased in...