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What is EUR/USD EURUSD is the exchange rate value of one euro to US dollars. It indicates how many US dollars (USD) are needed to purchase one euro (EUR). For example, if the EUR/USD rate is 1.50, it means that 1 euro can be exchanged for 1.50 US dollars. EURUSD pair is the most traded…
Key US Core CPI data came in slightly above expectations yesterday pushing expectations for a Fed cut of 50 basis points off the table. Stocks initially dipped but recovered strongly in afternoon trading. Both the dollar and treasury yields remained steady, pushing slightly higher on the day and Oil pulled back off recent lows, whilst…
The price of Nvidia has bounced from recent lows but still has some risk. NVDA – Daily Chart The price of NVDA has bounced to $108.84 but may not have found a low yet. That will depend on upcoming news and quarterly earnings into the year-end. Nvidia is down from it’s all-time highs, but the…
US election polls and inflation data are among the factors driving the stock market. SP 500 – Daily Chart The S&P 500 was able to bounce over the last two days but there is a risk of returning to the Monday lows. The August lows would be a target of further correction. Kamala Harris was…
Table of contents: What is Forex Trading Best 10 Forex Trading Strategies How to Choose The Best Forex Trading Strategy That Suits You Why Choose ATFX How to Open a Live Trading Account & Start Trading with ATFX Introduction to Forex Trading Forex trading, or FX trading, is the buying and selling of currencies…
Table of contents: What is Forex Trading What is Buy and Sell in Forex Trading How to Buy and Sell in Forex Trading When to Buy and Sell in Forex Trading Top 3 Most Traded Currency Pairs Buy and Sell in Forex Trading Summarized Buy and Sell Forex with ATFX Overview of Forex Trading…
US Stock markets experienced a mixed day ahead of the twin key events of CPI and the first presidential debate between Kamala Harris and Donald Trump. The Nasdaq and S&P gained ground whilst the Dow fell off, whilst yields and the dollar trod water near recent levels. Demand concerns continued to weigh on Oil with…
The euro slipped below the 1.1100 level against the dollar on Monday as growing expectations of a European Central Bank (ECB) interest rate cut weighed on the currency. The EUR/USD pair fell 0.44%, ending the day at 1.1036, as investors increasingly expect the ECB to lower rates by 25 basis points at its September 12 meeting. The…
Oil prices remained steady in early trading Tuesday, with supply disruptions from Tropical Storm Francine balancing concerns over faltering Chinese demand. Brent crude rose 0.22% to $72.00 a barrel, while West Texas Intermediate gained 0.17% to $68.83. Both benchmarks saw gains of around 1% in the previous session. The US Coast Guard shut down operations at…
US Stock markets shook off recent losses to climb again yesterday as investors looked ahead to key inflation data tomorrow with the Dow leading the charge to gain 1.2% on the day. Treasury yields had a mixed day in choppy markets whilst the dollar pushed higher in line with expectations of a smaller rate cut. …
