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Monthly Archives: September 2024

Dollar Under Pressure: Is a 50 bps Rate Cut on the Horizon?

Written on September 17, 2024 at 3:24 am, by

Market Summary The US Dollar Index continues to extend its losses, hovering near strong support levels ahead of the Federal Reserve’s crucial monetary policy meeting this week. With market expectations leaning towards a rate cut, investors are closely watching the Fed’s decision, as nearly 41% anticipate a 50-basis-point reduction, according to the CME FedWatch Tool.Continue Reading

Copy Trading Strategy: How to Maximise Returns by Mirroring Trades

Written on September 16, 2024 at 9:30 am, by

What Is Copy Trading? How Copy Trading Works Benefits of Copy Trading Risks and Considerations Choosing the Right Copy Trading Platform Top Copy Trading Strategies for Maximum Returns Case Studies and Real-World Examples Copy Trading in Forex vs. Other Markets Tips for Beginners in Copy Trading Limitations of Copy Trading Introduction What is copy trading,Continue Reading

Dollar Ease While Gold Records All-time High

Written on September 16, 2024 at 7:55 am, by

* The dollar eases to a weekly low while Wall Street gains ahead of Wednesday’s Fed interest rate decision.  * Gold surged to an all-time high on the weakening dollar’s strength.  * Oil prices ease in strength, hindered by lacklustre Chinese economic indicators. Market Summary U.S. Dollar (USD) has been under pressure due to growingContinue Reading

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