Author: FX

UPCOMING EVENTS:Monday: Japan GDP.Tuesday: RBA Policy Decision, UK Employment report, German ZEW, Canada CPI, US NAHB Housing Market Index, New Zealand PPI.Wednesday: Australia Wage Price Index, RBNZ Policy Decision, UK CPI, US Housing Starts and Building Permits, FOMC Minutes.Thursday: Australia Employment report, PBoC LPR, Canada PPI, US Jobless Claims.Friday: Australia/Japan/Eurozone/UK/US Flash PMIs, Japan CPI, UK Retail Sales, Canada Retail Sales.TuesdayThe RBA is expected to cut interest rates by 25 bps bringing the Cash Rate to 4.10%. As a reminder, the RBA softened further its stance at the last policy decision as it prepared for the first rate cut. The market…

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Many new traders struggle with forex day trading. Day trading involves buying and selling currencies within a single day. This guide will show beginners 5 key strategies for forex day trading. Learn how to start trading forex today. Key Takeaways Forex day trading involves buying and selling currency pairs within one trading day to profit from small price changes. Popular day best trading strategies for beginners include trend trading, swing trading, scalping, breakout trading strategy, and news trading systems. New traders should practice with a demo account for 3-6 months before using real money. Successful day traders use strict risk…

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Many forex traders struggle to find good swing trading strategies. Swing trading is a popular style that aims to profit from price swings. This article will share top swing trading strategies for forex traders. Learn how to boost your trading success today. Key Takeaways Swing trading aims to profit from price swings in forex markets over days or weeks. Top different strategies include Market Structure, Fibonacci Retracement, Trend-Based Indicators, Bollinger Bands, and Range Trading. Traders use tools like EMAs, RSI, MACD, and Bollinger Bands to spot good entry and exit points. Proper risk management with stopping losses and taking profit…

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Procter & Gamble stock sinks 4.75% on Friday. Dow Jones sheds 0.37% despite NASDAQ gains. BNP Paribas analyst cites volatility in US consumer staples category. US Retail Sales for January hit -0.9%, surpising market.   Procter & Gamble (PG) stock was the worst performer in the Dow Jones Industrial Average (DJIA) on Friday. Normally a less volatile holding, PG shares tumbled after a PNB Paribas analyst questioned 2025 guidance for the maker of well-known, fast-moving consumer brands like Pampers, Gillette and Crest.  The outlook for Procter & Gamble was exacerbated by a poor US Retails Sales print that showed the…

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