Surely, the most experienced traders have studied the market in which they are going to operate and have defined a trading plan that suits their strategies and their objectives. This varies according to each person and their tolerance to the risk of loss. However, inexperienced traders often seek the easiest ways to achieve their income […]
U.S. stock markets rise in anticipation of Fed interest rate decision and CPI data
U.S. stocks rose on Wednesday, supported by stronger-than-expected May inflation data before the end of the Federal Reserve’s latest policy meeting. Fed meeting and CPI data U.S. consumer prices increased less than expected on an annual basis in May, as the consumer price index rose 3.3% over the prior year, slowing only slightly from April’s […]
Daily technical analysis EUR/USD: Awaiting key events
The EUR/USD failed to hold on to yesterday’s early gains and continued its losses to the 1.073 support level, its lowest level in more than a month, as political uncertainty in France weighed on market investor sentiment. French President Emmanuel Macron called for early parliamentary elections in response to the far-right’s success in the European […]
Dollar retreats before Fed meeting and CPI data
The U.S. dollar retreated on Wednesday after hitting a four-week high in overnight trading ahead of the conclusion of the Federal Reserve’s latest monetary policy meeting. Dollar on watch ahead of Federal Reserve meeting The dollar has lost ground from its recent highs, although the U.S. currency has been in high demand following Friday’s better-than-expected […]
Market Volatility: Strategies for Navigating Risks and Seizing Opportunities
In this article, we’ll explore volatility in financial markets, a critical concept for traders and analysts alike. Understanding and mitigating the risks associated with market volatility can uncover both challenges and opportunities. It is also important to keep in mind that there are ways to reduce the risk of volatility in the markets. It is […]
Cryptocurrencies fall on concerns over U.S. inflation data
The cryptocurrency market has been seeing significant volatility as the Federal Reserve prepares to release updated economic projections this week. Despite little growth, market watchers and investors expect these projections to indicate fewer interest rate cuts. JPMorgan and Citi drop estimates for July rate cut Fed Chairman Jerome Powell has signaled that actual results may […]
U.S. stocks down; Fed meeting and CPI in focus
U.S. stocks declined on Tuesday amid caution ahead of the start of the Federal Reserve’s latest meeting and the release of important inflation data later in the week. The major U.S. averages posted new all-time highs on Monday, with the S&P 500 and Nasdaq Composite reaching new records, while the Dow Jones Industrial Average rose […]
Dollar loses ground ahead of inflation, Fed meeting
The U.S. dollar retreated on Tuesday from a one-month high as yields fell ahead of key inflation data and the latest Federal Reserve meeting. Dollar retreats ahead of CPI and Fed meeting The dollar was buoyed by Friday’s better-than-expected jobs report and rising Treasury yields as traders lowered estimates for rate cuts by the Federal […]
Outlook for This Week’s Most Important Economic Events
Key points to watch out for: Focus on the Fed and US CPI data With the resumption of declining US inflation trends for April and the disappointing ISM manufacturing PMI for May, investors remain confident that the Federal Reserve will start lowering interest rates sometime this year. They currently estimate about two quarter-point cuts between […]
Cardano set for an upgrade this June in preparation for the next hard fork
Cardano is making preparations for its next key update. This June is expected to see the release of Cardano Node version 9.0, a preview in anticipation of the next Cardano hard fork, named Chang. Cardano founder Charles Hoskinson, a well-known figure in the cryptocurrency world, took to his social networks to share details about the network’s upcoming […]