Markets continued their vicious bounce to the upside, almost erasing all losses for 2015! This recent bounce has also triggered some new trades for Paul Orme, who follows a strict, rule bases approached to the markets. This methodology, called ProActive investing, applies the patented Online Trading Academy core methodology. Paul also addresses several key flaws investors are most likely making which is slowly sucking profits out of their account, regardless of market direction.
Editors’ Picks
EUR/USD deflates to multi-week lows near 1.1640
EUR/USD is down for the third straight day on Thursday, coming under extra downside pressure and approaching its transitory 55-day SMA around 1.1640 amid tge persistent recovery in the Greenback. Moving forward, market participants should remain prudent ahead of the release of Friday’s US NFP figures.
GBP/USD: Further weakness could challenge 1.3400
GBP/USD remains under unabated selling pressure on Thursday, slipping to fresh three-day lows around 1.3415 in response to further improvement in the sentiment surrounding the Greenback ahead of Friday’s key NFP data.
USD/JPY reacts little to Japan's Household Spending data as focus remains on US NFP
USD/JPY is trading with a positive bias for the fourth consecutive day, hovering near the top end of its weekly range, at around 157.00. Meanwhile, an unexpected rise in Japan's Household Spending keeps the door open for further policy tightening by the BoJ. This marks a significant divergence compared to dovish Fed expectations, which acts as a headwind for the US Dollar and might cap the currency pair ahead of the crucial US NFP report, due later today.
Editors’ Picks
AUD/USD flat lines around 0.6700, awaits China's inflation data
AUD/USD consolidates around 0.6700 in the Asian session on Friday as traders opt to wait on the sidelines ahead of the latest inflation figures from China. Meanwhile, the focus remains on the US NFP report, which will influence the Fed's rate-cut path and drive the US Dollar. In the meantime, the divergent Fed-RBA outlooks could act as a tailwind for the currency pair. At current levels, spot prices remain on track to end the week on a flattish note.
USD/JPY reacts little to Japan's Household Spending data as focus remains on US NFP
USD/JPY is trading with a positive bias for the fourth consecutive day, hovering near the top end of its weekly range, at around 157.00. Meanwhile, an unexpected rise in Japan's Household Spending keeps the door open for further policy tightening by the BoJ. This marks a significant divergence compared to dovish Fed expectations, which acts as a headwind for the US Dollar and might cap the currency pair ahead of the crucial US NFP report, due later today.
Gold edges lower as bulls opt to wait for the crucial US NFP report
Gold struggles to capitalize on the previous day's goodish move up from the vicinity of the $4,400 mark and attracts some sellers during the Asian session on Friday as bulls seem reluctant ahead of the US NFP report. The critical US employment details will offer more cues about the Fed's rate-cut path, which, in turn, will influence the US Dollar price dynamics and provide a fresh impetus to the non-yielding bullion. In the meantime, dovish Fed expectations and rising geopolitical tensions might continue to act as a tailwind for the XAU/USD.
XRP slides as institutional and retail demand falters
Ripple (XRP) is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.
2026 economic outlook: Clear skies but don’t unfasten your seatbelts yet
Most years fade into the background as soon as a new one starts. Not 2025: a year of epochal shifts, in which the macroeconomy was the dog that did not bark. What to expect in 2026? The shocks of 2025 will not be undone, but neither will they be repeated.
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