Nearly every seasoned trader will attest to trading being predominantly rooted in Psychology. Yet most traders do not take the time to learn how to improve themselves, Dr. Woody Johnson joins Merlin Rothfeld for a look at the formula for success, not just in trading, but in life. The duo also answer several listener question about trading problems.
Editors’ Picks
EUR/USD consolidates modest rebound around 1.0650
EUR/USD is about to end the week hovering around 1.0650, slightly below the level it had a week ago. Earlier on Friday, the pair bottomed at 1.0614, the lowest intraday level since March. The US Dollar lost momentum late on Friday on lower Treasury yields.
GBP/USD heads for lowest weekly close since March
GBP/USD is holding firm with weekly losses, unable to move away from 1.2200. The Pound is among the worst performers of the week after the Bank of England's decision to keep interest rates unchanged.
USD/JPY looks to approach 148.50 on BoJ’s decision to keep interest rates unchanged
USD/JPY retraces the recent losses due to the BoJ’s decision on no-interest rate change. BoJ could consider adjusting its ultra-loose monetary policy when reaching a 2% inflation target is within reach. Investors await US data to gain valuable insights into the economic conditions in the country.
Editors’ Picks
EUR/USD consolidates modest rebound around 1.0650
EUR/USD is about to end the week hovering around 1.0650, slightly below the level it had a week ago. Earlier on Friday, the pair bottomed at 1.0614, the lowest intraday level since March. The US Dollar lost momentum late on Friday on lower Treasury yields.
GBP/USD heads for lowest weekly close since March
GBP/USD is holding firm with weekly losses, unable to move away from 1.2200. The Pound is among the worst performers of the week after the Bank of England's decision to keep interest rates unchanged.
Gold consolidates above $1,920 ass US yields edge lower
Gold price clings to small recovery gains above $1,920 following Thursday's sharp decline. Following the mixed September PMI data from the US, the benchmark 10-year US Treasury bond yield is down nearly 1% on the day at around 4.45%, allowing XAU/USD to stay in positive territory.
Stablecoin exodus: Why are investors fleeing crypto’s safe haven?
In a year filled with uncertainty in the cryptocurrency space, a new trend has been unraveling: a stablecoin exodus that has now lasted for 18 consecutive months and has seen the market dominance of stablecoins drop to 11.6%.
Cainiao subsidiary to register for IPO as soon as next week
BABA stock surged more than 4% in Friday’s premarket after the Chinese ecommerce leader announced that its shipping and logistics business, Cainiao, will file for an initial public offering (IPO) in Hong Kong as soon as next week.
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