Week in Focus: Fed Cuts Interest Rates, NAGA Brings CFDs to Telegram, and More
Only 7% of 300,000 Prop Trading Accounts Achieved Payouts Our news summary begins with the exclusive story we covered this week, highlighting the elusive success in proprietary trading. According to…
Japan top FX diplomat says watching for any build-up of yen carry trades, NHK reports
TOKYO (Reuters) – Japan’s top currency diplomat Atsushi Mimura said authorities are “always watching markets” as a renewed build-up of yen carry trades could heighten market volatility, public broadcaster NHK…
Dollar strengthens versus yen as BOJ strikes cautious stance on rate hikes
By Chibuike Oguh and Linda Pasquini NEW YORK/LONDON (Reuters) -The dollar strengthened against the yen on Friday, hitting its highest level in two weeks, after the Bank of Japan left…
Oil ends week higher as investors take stock of Fed rate cuts
By Georgina McCartney (Reuters) – Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a U.S. interest rate cut and a dip…
Gold breaks $2,600 barrier as Fed cut bets prolong historic run
By Anushree Mukherjee (Reuters) – Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and…
Oil flat, poised to end week higher on Fed rate cuts, lower US supply
By Georgina McCartney (Reuters) -Oil prices were steady on Friday and set for a second straight week of gains, garnering support on a large cut in U.S. interest rates and…
Oil prices cut losses to remain on track for weekly gains after hefty Fed cut
Investing.com– Oil prices cut losses Friday, to remain on track for a weekly gain as a bumper U.S. interest rate cut helped quell some fears of slowing demand. At 1:43…
At United Steelworkers conference, members and leaders play down election divide
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Oil dips but poised to end week higher on Fed rate cuts, lower US crude stocks
By Arunima Kumar (Reuters) -Oil prices eased on Friday but were on track to register gains for a second straight week following a large cut in U.S. interest rates and…
Rising Wedge: What Is It & How Does It Work?
Technical analysis encompasses various chart and candlestick patterns that reflect traders’ sentiment and behavior in financial markets. These chart patterns, in combination with technical indicators, help traders make more informed…
