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The GBP/JPY pair finds temporary support near 194.00 in Friday’s North American session after a two-day sell-off amid weakness in the Pound Sterling (GBP) across the board.
The Euro (EUR) has settled into a tight trading range around the 1.03 point through the latter part of this week, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
The Pound Sterling (USD) is down marginally on the session but, like many of its G10 counterparts, the pound has settled into a tight trading range into the end of the week, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
US labor market showcased its resilience in December, with non-farm payrolls surging by 256k, significantly outpacing expectations of 150k. This impressive figure also surpassed the average monthly gain of 186k for 2024. Unemployment rate edged down to 4.1%, beating forecasts of remaining steady...
Canada’s labor market closed 2024 on a strong note, with employment soaring by 91k in December, far exceeding expectations of 24.9k. Full-time positions accounted for a significant portion of the gains, with 56k new roles added. Unemployment rate fell to 6.7%, defying expectations of an increase...
The market doesn't think the Federal Reserve will cut rates twice this year in light of a strong finish to the year for jobs. The unemployment rate fell to 4.1% from 4.2% and the economy added 256K jobs compared to 160K expected.
Market pricing now shows that a May rate cut to a range of...
The December jobs report easily beat expectations, highlighting the continued resilience in the US labor market as employers added 256,000 jobs, significantly above the consensus forecast of 160,000. The unemployment rate edged down to 4.1% from 4.2%, coming in below economists' expectations and...
The AUDUSD is breaking below the 2022 and 2024 lows. On the last day of the trading year, the price moved to a low of 0.61785. That was just above October 2022 low and 0.6170. Yesterday, the price moved to 0.6171 but once again found support buyers.
Breaking below those level opens the door for...
I am new to trading forex, and I want start with with a good broker.
please tell me that XM is a good broker or I should choose another one?
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it is about one that is started investing in cryptocurrency and sometime my portfolio goes high and sometimes comedown I do not know to take profit.
what is yours strategy for taking profit?
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