Author: FX

UPCOMING EVENTS:Monday: China Industrial Production and Retail Sales, US Retail Sales, US NAHB Housing Market Index.Tuesday: German ZEW, Canada CPI, US Housing Starts and Building Permits, US Import Prices, US Industrial Production and Capacity Utilization.Wednesday: BoJ Policy Announcement, FOMC Policy Announcement.Thursday: Australia Employment report, PBoC LPR, UK Employment report, BoE Policy Announcement, US Jobless Claims.Friday: Japan CPI, Canada Retail Sales. MondayThe US Retail Sales M/M is expected at 0.6% vs. -0.9% prior, while the ex-Autos figure is seen at 0.4% vs. -0.4% prior. The focus will be on the Control Group figure which is expected at 0.2% vs. -0.8% prior.…

Are you struggling to make money in forex trading? You’re not alone. The forex market’s high leverage and constant action can lead to frustration and losses. With 90% of traders failing, it’s easy to feel overwhelmed. But don’t give up yet! By developing a consistent trading strategy and mastering risk management, you can join the ranks of successful forex traders. This guide will show you how to navigate the world’s largest financial market and achieve steady profits. Key Takeaways Develop a consistent trading strategy for long-term success Master risk management techniques to protect your capital Maintain emotional control and trading…

Strikes target Houthi military sites in Yemen's Taiz, witnesses say Source link

Are you having trouble finding the right times to buy or sell in forex? Do you often miss chances or make big losses? Fibonacci retracement analysis can help. It’s a powerful tool that shows where support and resistance might be. This makes it easier to make good choices in the fast-moving forex market. Our guide covers everything about Fibonacci, from the basics to advanced ways to use it. Whether you’re new to trading or have been doing it for a while, learning this can improve your skills. It will also help you make better trades. Key Takeaways Fibonacci retracement levels…

Are you struggling with forex overtrading? You’re not alone. This common pitfall can drain your account fast. Imagine watching your money go down trade after trade. It’s a nightmare that keeps many traders up at night. But don’t panic! There’s hope. By learning how to recognize and avoid overtrading in the forex market, you can protect your investments. This will also boost your trading success. Let’s dive into some proven strategies that’ll help you trade smarter, not harder. Key Takeaways Overtrading can lead to significant capital losses Emotional trading contributes to overtrading behavior Setting realistic goals reduces the likelihood of…

Kayla Bartkowski/Getty Images NewsBoeing (NYSE:BA) has struggled to regain public trust following a mid-air emergency in January 2024 involving a newly made 737 Max, as well as two fatal crashes in 2018 and 2019, U.S. Transportation Secretary Sean Duffy said. Speaking on Friday, Duffy Source link

BlackJack3DHigh-net-worth investors are outpacing the average investor in crypto ownership, according to a survey recently published by crypto asset manager Grayscale Investments, with 26% already in compared with 20% nationwide. The survey highlights the views of wealthy Americans with $1M or more Source link

Trump launches strikes against Yemen's Houthis Source link

Tornadoes strike US South, killing 10 people amid rising risk Source link

I spoke with BNNBloomberg on Thursday about the risks around the White House’s April 2nd planned announcement on global reciprocal tariffs, something I wrote about here.I also dove deeper into the Bank of Canada decision:People are overlooking the survey data they released.It was highly unusual to publish a survey along with the decisionThe survey is the message and it shows 40% planning to decrease employment and 48% capital expenditureBroadly, I’m still upbeat on on the Canadian dollar from here because I don’t think tariffs will (or can) last.Trump is saying tariffs and annexation but the loonie isn’t falling, that’s the…