Author: FX

Losing money in forex trading can happen fast without the right tools. A stop-loss order helps limit these losses by setting a clear exit point. This article will explain the importance of using stop-loss in forex trading, how it works, and its benefits. Keep reading to protect your trades better! Key Takeaways A stop-loss order limits losses by closing trades when prices hit a set level, like 50 pips below the entry price. It protects trading capital, prevents large losses, and supports emotional discipline during market swings. Using tools like S and R levels or the 1% rule helps place…

By Svea Herbst-Bayliss NEW YORK (Reuters) – Third Point, one of the hedge fund industry’s most closely watched investors, promoted Joshua Targoff to president as it prepares to build out its credit platform. Billionaire investor Daniel Loeb, who founded Third Point in 1995, announced Targoff’s promotion on Tuesday in an investor letter seen by Reuters. Targoff has been the firm’s chief legal officer and chief operating officer. He joined Third Point 17 years ago and has been a partner since 2012, helping launch Third Point Reinsurance, spearheading the firm’s litigation finance strategies and playing a critical role in Third Point’s…

Tatsuo Yamasaki is a former Japanese vice minister of finance for international affairs.He spoke with Japanese media, Nikkei, saying Trump would do well to cooperate with Tokyo on weakening the overly strong dollar.more to come This article was written by Eamonn Sheridan at www.forexlive.com. Source link

AUD edges up to 0.6180 on Tuesday, off multi-year lows. Fed rate-hold expectations in January underpin the US Dollar. Soft Australian fundamentals, China slowdown cap Aussie recovery. The Australian Dollar (AUD) rebounded from 0.6130, its lowest level since April 2020, to reach 0.6180 on Tuesday, buoyed by firm commodity prices and a slight improvement in market sentiment. Despite this partial comeback, the pair still remains vulnerable amid a dovish Reserve Bank of Australia (RBA) and an uncertain local economic outlook. Daily digest market movers: Aussie sees some light after soft PPI data from the US The US Dollar Index (DXY)…

Investing.com — Mark Wiedman, a top executive at BlackRock Inc (NYSE:)., and potential successor to CEO Larry Fink, has decided to leave the world’s biggest asset management company, Bloomberg reported on Tuesday. Wiedman, who has been with the firm for 20 years and currently leads the global client business, is looking to explore opportunities beyond BlackRock, the report said, citing people familiar with the situation. BlackRock is anticipated to promote several executives in response to this departure, with these changes expected to take place as early as this week, the report said. This article was generated with the support of…

The Wall Street Journal is reporting that President-elect Trump is preparing pro-fossil fuel executive orders ahead of his inauguration next week. Some highlights:Executive Orders on Energy: President-elect Trump plans a series of executive orders to promote fossil fuels and reverse policies supporting electric vehicles (EVs).Drilling Policies: Trump is expected to instruct agencies to unwind President Biden’s restrictions on offshore and federal land drilling.Emissions Rollback: Plans include reversing Biden-era tailpipe emissions rules and challenging California’s ban on gas-powered cars by 2035.It is expected that Trump would create a National Energy Council to oversee oil, gas, and electric power policies, led by…

The US Dollar is on the backfoot after the December Producer Price Index got released.  Traders are easing their US Dollar position heading into Wednesday’s CPI release. The US Dollar Index (DXY) dips below 110.00 and looks for support to bounce back.  The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, is fading further after the December Producer Price Index report came in softer than expected. The main driver this Tuesday remains comments from team memberes from the upcoming President-elect Donald Trump administration, who disclosed that they are considering a very slow month-to-month implementation of tariffs to…

BASF to seek compensation from Clariant over ethylene market infringement Source link

New York City, United States, January 14th, 2025, Chainwire Purple ($PBTC) is an emerging new token set to redefine the digital asset space. Built on the blockchain, PBTC combines Bitcoin’s store-of-value principles with Solana’s cutting-edge blockchain advancements. Its deflationary design and community-focused approach provide a uniquely balanced offering within the cryptocurrency ecosystem. Purple Bitcoin distinguishes itself from emerging cryptocurrencies by offering immutable, irrevocable deflationary features, including: Automated Token Burns: Reduces circulating supply with every transaction to enhance value.Burn Halving Mechanism: Inspired by the Bitcoin halving event, PBTC incorporates a burn halving mechanism to provide adaptability and maintain alignment with evolving…

Prior was 101.7 NFIB Chief Economist Bill Dunkelberg commenting on the report: “Optimism on Main Street continues to grow with the improved economic outlook following the election. Small business owners feel more certain and hopeful about the economic agenda of the new administration. Expectations for economic growth, lower inflation, and positive business conditions have increased in anticipation of pro-business policies and legislation in the new year.” This article was written by Giuseppe Dellamotta at www.forexlive.com. Source link