Summary
When I was younger, my family used to play the board game "RISK" - a game that was focused on accumulating global power through strategic control of geographical areas of the world. Risk needed to be taken to win the game, but typically the winner of the game was the player who defined his risk, limited his risk in the process, and accepted the risk and executed the plan. The losers were typically the ones who didn't understand the risks they were taking, took too much risk, and/or were more focused on the rewards with little in the way of a plan. Too many traders focus on REWARD first and less about the RISK. In this session, Greg Michalowski, Chief Currency Analyst from FXDD will focus on the risks of trading and explain how traders can position themselves to win the game by defining, limiting and accepting their risk."Latest Live Videos
Editors’ Picks
EUR/USD trades weak below 1.0800 amid Good Friday lull, ahead of US PCE
EUR/USD remains depressed below 1.0800, as traders lack directional impetus amid minimal volatility and thin liquidity on Good Friday. The pair keenly awaits the US PCE inflation data and Fed Chair Powell's speech for fresh hints on next week's price action.
GBP/USD holds steady above 1.2600 as markets stay calm on Good Friday
GBP/USD trades sideways above 1.2600 amid a typical Good Friday trading lull. A broadly firmer US Dollar could keep any upside attempts limited in the pair ahead of the US PCE inflation data and Fed Chair Powell's appearance.
Gold ends Q1 2024 at record highs, what’s next?
Gold is sitting at an all-time high of $2,236, lacking a trading impetus amid holiday-thinned conditions on Good Friday. Most major world markets, including the United States are closed in observance of Holy Friday, leaving volatility around Gold price highly subdued.
Ripple's move above this key level could trigger nearly 50% rally for XRP
Ripple price has overcome a critical resistance level and flipped into a support floor on the weekly time frame. This development happened while XRP tightly consolidated for roughly 250 days.
US core PCE inflation set to ease in February on month as Federal Reserve rate cut bets for June mount
The core Personal Consumption Expenditures Price Index is set to rise 0.3% MoM and 2.8% YoY in February. The revised Summary of Projections showed that policymakers upwardly revised end-2024 core PCE forecast to 2.6% from 2.4%.