General Risk Warning for stocks, cryptocurrencies, ETP, FX & CFD Trading. Investment assets are leveraged products. Trading related to foreign exchange, commodities, financial indices, stocks, ETP, cryptocurrencies, and other underlying variables carry a high level of risk and can result in the loss of all of your investment. As such, variable investments may not be appropriate for all investors. You should not invest money that you cannot afford to lose. Before deciding to trade, you should become aware of all the risks associated with trading, and seek advice from an independent and suitably licensed financial advisor. Under no circumstances shall Witbrew LLC and associates have any liability to any person or entity for (a) any loss or damage in whole or part caused by, resulting from, or relating to any transactions related to investment trading or (b) any direct, indirect, special, consequential or incidental damages whatsoever.
Recommended Content
Editors’ Picks
EUR/USD holds above 0.7000 after Powell delivered Premium
Fed Chair Powell temporarily boosted optimism pushing EUR/USD to 1.0766 saying that stronger-than-expected data will see the Fed raising rates accordingly. US Dollar bulls fight back and the pair trades below 1.0745.
GBP/USD trades around 1.2000 in Powell’s aftermath
GBP/USD flirted with 1.2100 within FOMC Chairman Jerome Powell's speech, but quickly trimmed gains and hovers around the 1.2000 figure. The US Federal Reserve further cooled expectations of a rate cut by year-end.
Gold: Holding above $1,860, but upside still seen limited Premium
Spot gold saw little action throughout the first half of the day, consolidating its latest losses just above the $1,860.00 threshold. The US Dollar mainly advanced against its European rivals, as certain caution reigned ahead of a speech from US Federal Reserve (Fed) Chairman Jerome Powell, resulting in XAU/USD holding within familiar levels.
Vechain: No one wants to buy the top
VeChain price continues to display bullish cues, making it a digital asset worth keeping on the immediate watch list. The uptrend may surge at any moment, despite the skeptical market sentiment amongst traders.
Hawkish RBA Still Heading Higher
Growth in Australia should be sturdy enough to avoid recession, and with inflation still elevated at the highest rate in over 30 years, we do not expect the Reserve Bank of Australia (RBA) to cut rates from now through mid-2024.