Be prepared for this week's Federal Reserve meeting. Here are four ways to trade the upcoming interest rate cut.
Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD stays weak below 1.0950 ahead of Fedspeak
EUR/USD stays defensive and edges lower toward 1.0900 on Monday. Broad risk aversion, amid the escalating geopolitical tensions in the Middle East and conflicts between China and Taiwan, underpin the safe-haven US Dollar as markets await Fedspeak.
GBP/USD retreats to 1.3050 area as markets turn cautious
GBP/USD trades modestly lower on the day near 1.3050, struggling to build on Friday's modest gains. Sustained US Dollar strength, due to looming geopolitical risks worldwide and China's economic concerns, doesn't allow the pair to gain traction.
Gold struggles to extend recovery, holds above $2,650
After gaining more than 1% on Friday, Gold finds it difficult to preserve its bullish momentum on Monday. Although escalating geopolitical tensions help XAU/USD limit its losses, the broad-based USD strength continues to cap the upside.
Five Fundamentals for the week: Explosive Middle East, ECB decision and US Retail Sales stand out Premium
Even on a bank holiday, markets are on the move. Concerns about Chinese stimulus and the Middle East stir markets, but the calendar offers several important events with the potential to shake things up. Here are five fundamentals for the week starting on October 14.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
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