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,...
The spot prices surrendered their intraday gains after briefly climbing to around $2,615 during Tuesday's American session, pressured by unexpected economic data. The U.S. Census Bureau reported that monthly Retail Sales surged by 1%, significantly...
EUR/USD trades with mild losses near 1.0400 on Tuesday. The expectation that the US Federal Reserve will deliver fewer rate cuts in 2025 provides some support for the US Dollar. Trading volumes are likely to remain low heading into the Christmas...
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...
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...