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,...
USD/CHF Technical Analysis: Right now, USD/CHF is trading around 0.8550, showing some mild bullish momentum. I’m keeping an eye on 0.8500 as a key support level and 0.8580 as immediate resistance. If it breaks above 0.8580, there’s potential for...
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...
AUD/USD remains depressed below 0.6250 early Tuesday after the December RBA Minutes reiterated that upside inflation risks had diminished, which reaffirms bets for a rate cut in early 2025 This, along with concerns about China's fragile economic...
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...
