Author: FX

Choosing a forex broker can feel confusing for beginners. With so many options, it’s easy to make the wrong choice. This article will guide readers through key factors like regulation, demo accounts, and low fees. Start your trading journey with confidence! Key Takeaways Beginners should choose regulated brokers like those overseen by FCA, NFA, or CFTC to ensure safety and fair practices. Check the broker’s registration details online for verification. Demo accounts are key for beginners. They allow practice with virtual money before live trading. Brokers like XM and FBS offer free demo accounts to build skills safely. Look for…

European Central Bank board member Piero Cipollone reported in Corriere della Sera (an Italian daily newspaper)Article is here (in Italian).My poor translation and summary (Google wouldn’t help out!) … if I got it wrong let me know in the comments (in English or Australian please 😉 )Structural Crisis in European Industry:Europe faces difficulties competing with China on manufacturing prices.European industrial productivity lags behind the U.S., driven by gaps in technology and finance.Over-reliance on external tech solutions (e.g., Big Tech from the U.S.) reduces the value-added by European firms.Innovation and Scalability Deficits:Europe is losing ground in innovation and scalability due to…

By Sarah Young and Jonathan Stempel LONDON/NEW YORK (Reuters) -The sister of billionaire OpenAI Chief Executive Sam Altman filed a lawsuit accusing him of sexually abusing her regularly between 1997 and 2006, prompting him and other family members to deny her claims. In a complaint filed on Monday in St. Louis federal court, Ann Altman said the abuse occurred at the family home in suburban Clayton, Missouri, beginning when she was three and her brother was 12. Now 30, Ann Altman said the abuse included “numerous acts” of rape, sexual assault, molestation, sodomy and battery until she was 11 or…

Today’s Australian CPI data came in mixed but generally within the RBA’s target range, potentially setting up AUD/JPY for a bearish move as rate cut expectations remain intact and broad risk sentiment sours this week. With headline inflation at 2.3% versus 2.2% expected and trimmed mean falling to 3.2% from 3.5%, the data wasn’t strong enough to materially change market expectations for RBA rate cuts starting as early as February. Let’s examine how we may theoretically structure a trade plan around this development. This Article Is For Premium Members Only Become a Premium member for full website access,…

The Canadian Dollar shed another 0.2% on Wednesday as the Loonie shrivels. Canada saw a data-light day on the calendar, market flows continue to tilt toward the Greenback. US jobs data cooled, keeping investor sentiment tepid. The Canadian Dollar (CAD) shed another one-fifth of one percent on Wednesday as the Loonie continues to flub chances for a technical recovery from multi-year lows against the US Dollar. CAD flows remains subdued, and the Loonie is backsliding into near-term congestion against the Greenback. Canada was largely absent from the economic data docket on Wednesday as markets broadly focus on US jobs data,…

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…

EUR/USD declines by 0.48% on Wednesday, settling near 1.0295 after failing to break above the 20-day SMA. RSI falls sharply to 39 in negative territory, revealing intensified selling pressure. MACD histogram prints decreasing green bars, suggesting waning bullish momentum and a renewed downside tilt. EUR/USD struggled on Wednesday, shedding 0.48% to trade around 1.0295. This latest drop underscores the pair’s inability to sustain any meaningful recovery, as multiple attempts to breach the 20-day Simple Moving Average (SMA) since early 2025 have been met with forceful selling. As a result, bullish momentum appears to be receding, leaving sellers firmly in control…

Investing.com — In an interview with Bloomberg Television, Morgan Stanley (NYSE:) Chief US Equity Strategist Mike Wilson said he expects a choppy first half of 2025, with the outlook improving in the second part of the year. Wilson told Bloomberg that the Wednesday decline in stocks and bonds could worsen as traders assess the impacts of higher inflation and interest rates. However, he believes the decline is unlikely to reach the extremes seen in 2022. When asked about areas he is keeping a close eye on, Wilson highlighted trade and tariffs. He believes tariffs will be the biggest focus for equity…

The pound was a surprisingly-strong performer in 2024 but I think there will be a catch-down trade in 2025. The strength last year was driven by a more-hawkish central bank but the stick inflation last year wasn’t due to a stronger economy (like the US) but structural factors. Now the growth outlook is deteriorating and the central bank continues to hold off on rate cuts. Meanwhile, the new Labour government is off to a rough start with approval ratings for Starmer low and some real pessimism setting in.The most-important voter for markets is fixed income and gilts are in a…

Investing.com — Shares of Palo Alto Networks (NASDAQ:) fell more than 2% in premarket trading Wednesday after analysts at BTIG and Deutsche Bank (ETR:) downgraded the stock. BTIG cut its Palo Alto rating from Buy to Neutral, citing concerns over the company’s growth prospects in its core network security market and its Next-Generation Security (NGS) business. Specifically, the firm expressed skepticism about the company’s ability to sustain a growth rate above 15%, coupled with limited upside to Street estimates for NGS Annual Recurring Revenue (ARR) this year. “We think the segment could decelerate at a faster-than-expected pace in FY26 and…