Summary
Join Alex Ong as he teaches you a very easy and straight forward scalping strategy. The strategy Alex is going to teach you has been designed to take advantage of the immediate price move and will give you a distinct advantage when day trading the Forex market. If you want a system with a high winning percentage that is easy to follow, this is for you.Latest Live Videos
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EUR/USD flirts with daily tops near 1.1650 ahead of Fed
EUR/USD manages to regain the smile on Wednesday, trading with decent gains around 1.1650, or daily peaks. The pair's daily advance comes in response to further losses in the US Dollar as market participants get ready for the upcoming FOMC gathering, where the Fed is widely expected to lower its interest rates by a quarter point.
GBP/USD advances to 1.3350 amid USD selling
GBP/USD sets aside two daily declines in a row and manages to regain some balance beyond the 1.3300 hurdle on Wednesday. The better tone around Cable follows the renewed downside bias in the Greenback ahead of the much awaited interest rate decision by the Federal Reserve.
Gold appears sidelined around $4,200 ahead of FOMC event
Gold trades slightly on the back foot on Wednesday amid a weaker US Dollar and the continuation of the upside momentum in US Treasury yields across the curve. The precious metal remains cautious ahead of the expected 25 bps rate cut by the Fed and the release of the updated “dots plot”.
Federal Reserve expected to cut interest rates as disagreement among officials grows
The United States (US) Federal Reserve (Fed) will announce its interest rate decision on Wednesday, with markets widely expecting the US central bank to deliver a final 25 bps cut for 2025.
Crypto Today: Bitcoin, Ethereum hold steady as XRP struggles ahead of Fed rate decision
Bitcoin holds above $92,000, supported by ETF inflows and hopes of a potential Fed interest rate cut. Ethereum rises above the 50-day EMA as the MACD and RSI signal a bullish turnaround. XRP trades under pressure as sellers target $2.00 support despite mild ETF inflows.
Fed Live coverage:
How will US Dollar react to Fed policy announcements?
The US Fed will announce its interest rate decision on Wednesday, with markets widely expecting the US central bank to deliver a final 25 bps cut for 2025. Our experts will analyze the market reaction to the event at 18:30 GMT. Join us here!