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Yesterday, the Bank of England (BoE) announced its 12th consecutive rate hike, raising rates by 25 basis points. BoE Governor Bailey noted that the effects of past rate hikes would continue to impact the economy in the coming quarters and…

The AUD/USD pair has been moving sideways within a lateral channel for more than two months, with the upper and lower boundaries acting as resistance and support, respectively. However, a false breakout occurred when the pair attempted to breach the…

On Friday, crude oil prices showed some stability after experiencing a drop overnight, which was likely due because of the US Dollar gaining ground and positive US economic data. The previous week's jobless claims were higher than anticipated, hence Producer…

The financial markets can be highly confusing which can cause stress and anxiety for traders and we will discuss reasons why successful traders meditate. This can lead to physical health issues, like ulcers, therefore, it may lead to expensive medical…

Leverage is a powerful tool that can help traders in forex markets amplify their profits. But like any tool, it can be a double-edged sword that comes with both benefits and risks. In this article, we'll explore the advantages and…