Merlin Rothfeld
Online Trading Academy
Economist, professor and author Deirdre McCloskey joins John O’Donnell and Merlin Rothfeld to a look at economic History. Through an understanding of the past, we can focus on the events and tactics which led to great economic growth and much more!
This content is intended to provide educational information only. This information should not be construed as individual or customized legal, tax, financial or investment services. As each individual's situation is unique, a qualified professional should be consulted before making legal, tax, financial and investment decisions. The educational information provided in this article does not comprise any course or a part of any course that may be used as an educational credit for any certification purpose and will not prepare any User to be accredited for any licenses in any industry and will not prepare any User to get a job. Reproduced by permission from OTAcademy.com click here for Terms of Use: https://www.otacademy.com/about/terms
Editors’ Picks
EUR/USD holds near 1.0650 following mixed ECB commentary
EUR/USD continues to fluctuate at around 1.0650 in the American session on Thursday. Mixed comments from European Central Bank policymakers on the rate outlook and the cautious market mood doesn't allow the pair to gather recovery momentum.
GBP/USD recovers modestly from multi-month lows, stays below 1.2300
GBP/USD erased a small portion of its daily losses after dropping to a fresh multi-month low below 1.2250 on the Bank of England's dovish surprise. With Wall Street's main indexes trading deep in the red, however, the USD holds its ground and doesn't allow the pair to recover above 1.2300.
USD/JPY holds steady above 148.00, bulls have the hand near YTD peak
The USD/JPY pair surges above the 148.00 mark after bouncing off the 147.47 low during the early Asian trading hours on Thursday. The upside in the US Dollar (USD) is bolstered by the hawkish stance of the Federal Reserve (Fed) following Wednesday’s policy meeting. The pair is trading at 148.41, up 0.05% on the day.
Editors’ Picks
GBP/USD recovers modestly from multi-month lows, stays below 1.2300
GBP/USD erased a small portion of its daily losses after dropping to a fresh multi-month low below 1.2250 on the Bank of England's dovish surprise. With Wall Street's main indexes trading deep in the red, however, the USD holds its ground and doesn't allow the pair to recover above 1.2300.
EUR/USD holds near 1.0650 following mixed ECB commentary
EUR/USD continues to fluctuate at around 1.0650 in the American session on Thursday. Mixed comments from European Central Bank policymakers on the rate outlook and the cautious market mood doesn't allow the pair to gather recovery momentum.
Gold trims weekly gains, trades around $1,920 Premium
XAU/USD extended its weekly decline to $1,913.91 as the US Dollar kept marching higher following the Federal Reserve (Fed) decision to keep rates unchanged, but remark rates will remain higher for longer. Also, the Fed left the door open for one more rate hike this year. Chair Jerome Powell said the focus is on a soft landing, suggesting they are still struggling to avoid a recession.
Tether increased its secured loans in Q2 despite commitment to reduce lending
Tether Holdings has resumed the lending of its stablecoins in the form of secured loans to clients after announcing that it is set to wind down this practice less than a year ago.
Fed Dot Plot puts more pressure on DJIA
The Dow Jones Industrial Average (DJIA) has pulled back 0.51% so far this week, losing most of the ground after the Federal Reserve press conference on Wednesday. The US central bank once again paused interest rates but raised the specter of another hike before next year.
RECOMMENDED LESSONS
Making money in forex is easy if you know how the bankers trade!
Discover how to make money in forex is easy if you know how the bankers trade!
5 Forex News Events You Need To Know
In the fast moving world of currency markets, it is extremely important for new traders to know the list of important forex news...
Top 10 Chart Patterns Every Trader Should Know
Chart patterns are one of the most effective trading tools for a trader. They are pure price-action, and form on the basis of underlying buying and...
7 Ways to Avoid Forex Scams
The forex industry is recently seeing more and more scams. Here are 7 ways to avoid losing your money in such scams: Forex scams are becoming frequent. Michael Greenberg reports on luxurious expenses, including a submarine bought from the money taken from forex traders. Here’s another report of a forex fraud. So, how can we avoid falling in such forex scams?
What Are the 10 Fatal Mistakes Traders Make
Trading is exciting. Trading is hard. Trading is extremely hard. Some say that it takes more than 10,000 hours to master. Others believe that trading is the way to quick riches. They might be both wrong. What is important to know that no matter how experienced you are, mistakes will be part of the trading process.