Author: FX

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

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Mexican Peso appreciates, shrugging off dovish Banxico stance, weaker economic outlook. Mexico’s December Retail Sales exceed estimates but slow from prior month. Banxico minutes reaffirm dovish stance, highlighting progress on disinflation. Q4 GDP final reading expected to confirm economic slowdown on Friday. The Mexican Peso staged a comeback, rising over 0.23% against the Greenback. Retail Sales in December exceeded estimates, yet they lagged compared to the previous month’s figures. The USD/MXN trades at 20.39 after hitting a daily high of 20.46. Mexico’s economic docket revealed that consumer spending dipped compared to November’s data but exceeded private economists’ pessimistic expectations. Meanwhile,…

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The USD is moving to fresh session lows versus all of the major currency pairs:USDJPY. The USDJPY is trading to a new low of 149.62. That is getting closer to the 50% midpoint of the move up from the September low which comes in at 149.22. There is a swing level near 149.35 just ahead of that midpoint level.USDJPy TechnicalsEURUSD. The EURUSD has extended above its 100 hour moving average at 1.0458, but has stalled so far just ahead of its topside swing level target at 1.04677. Moving above that level should open the door for further upside momentum.EURUSD technicals…

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USD/CAD drops sharply to near 1.4200 as the US Dollar underperforms its major peers. Slightly higher US Initial Jobless Claims have weighed on the US Dollar. Fed officials are worried about growing upside risks to inflation. The USD/CAD pair falls sharply to near the key level of 1.4200 in North American trading hours on Thursday. The Loonie pair weakens as the US Dollar (USD) underperforms its major peers, with the US Dollar Index (DXY) declining to near 106.70. US Dollar PRICE Today The table below shows the percentage change of US Dollar (USD) against listed major currencies today. US Dollar…

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

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The Pound Sterling rises around 1.2610 against the US Dollar while investors wait for more developments in President Trump’s international policies. The FOMC minutes showed on Wednesday that officials are worried about deepening upside risks to inflation. Investors await the UK Retail Sales report for January and the preliminary S&P Global UK/US PMI data for February, scheduled for Friday. The Pound Sterling (GBP) moves higher slightly above 1.2600 against the US Dollar (USD) in Thursday’s European session. The GBP/USD pair gains as the market sentiment is slightly favorable for risk-perceived currencies, with investors gaining confidence that United States (US) President Donald Trump’s tariff agenda won’t…

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Are you finding it hard to deal with the ups and downs of the forex market? Many traders lose a lot because they don’t manage risk well. The market is open all the time and has high leverage, which can lead to big losses. But, there’s hope! Learning how to manage risk can save you money and make you a better trader. Let’s look at how to keep your investments safe and do well in currency trading. Key Takeaways Understand market, liquidity, and systemic risks in forex trading Implement effective position sizing and stop-loss strategies Develop a complete trading plan…

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