Author: FX

The Bank of Canada cut interest rates by 25 basis points from 2.75% to 2.50% in their September decision while offering minimal forward guidance on next moves. While the decision itself was no surprise, the slightly more downbeat tone in their accompanying statement suggested that further easing could be possible. Let’s examine which setups from our watchlist capitalized on the BOC’s less optimistic outlook and how they performed during this busy central bank week. Watchlists are price outlook & strategy discussions supported by both fundamental & technical analysis, a crucial step towards creating a high quality discretionary trade idea before…

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The Multi Currency Pair MT4 Indicator is designed to give traders a complete market overview in one place. Instead of opening several charts, they can monitor different pairs on a single screen. This makes it much easier to spot trade opportunities, confirm trends, and avoid distractions. It saves time and simplifies the decision-making process, which is especially useful for active traders who deal with multiple instruments every day. Why Traders Prefer It One of the biggest advantages of this tool is efficiency. Traders no longer have to juggle between windows, which reduces the chance of missing key entry or exit…

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Yannis Stournaras is the Governor of the Bank of Greece and thus a member of the European Central Bank Governing Council (monetary policy setting committee). Speaking in Copenhagen, Stournaras said the ECB is probably done cutting interest rates, unless there is a meaningful deterioration in inflation or growth. Stournaras explained that while inflation is forecast to remain slightly below 2% for several years, “that alone isn’t enough to justify more interest-rate reductions.” He described policy as being in “a good equilibrium – not a perfect equilibrium, but a good one,” adding: “For the moment there’s no reason to act on…

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