US Dollar Holds Steady as Wall Street Trades Mixed
Amidst a backdrop of mixed trading on Wall Street, the US Dollar remains in a rangebound state, exhibiting stability against its major rivals. Investors are treading cautiously, refraining from committing to large positions as they eagerly await next week's highly-anticipated…
Read more
US Dollar Weakens as GBP/USD at 1.2450 and EUR/USD at 1.0700 Surge Ahead
Both GBP/USD and EUR/USD are making recoveries against the US Dollar in the European session as the greenback as US Dollar weakens. Traders, however, remain cautious amid economic concerns and upcoming events. GBP/USD is approaching 1.2450 while EUR/USD holds steady…
Read more
Understanding Slippage in Forex Trading: A Comprehensive Guide
Introduction In the fast-paced world of forex trading, slippage is a term that traders often come across. Slippage in forex trading can have a significant impact on the execution of trades, affecting profitability and trading outcomes. In this comprehensive guide,…
Read more
Regulatory Crackdown: SEC Charges Coinbase and Binance, Shaking Bitcoin Prices and Crypto Exchanges
The cryptocurrency market experienced a significant shakeup as the U.S. Securities and Exchange Commission (SEC) filed charges against two major players in the industry, Coinbase and Binance. SEC charges have sent shockwaves through the market, causing Bitcoin prices to slide…
Read more
Euro Zone Inflation Endures as ECB Policy Demonstrates Effectiveness: Knot
Dutch central bank chief Klaas Knot remarked on Tuesday that underlying price pressures in the euro zone might prove challenging to control, but the effectiveness of monetary policy is becoming evident, emphasizing the need for gradual rate hikes. Over the…
Read more
