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We had a solar eclipse in New York today that made me think about trading and eclipse trading tip. Next eclipse is in 20 years in NY - dont wait for trades that happen once every 5, 10, 20 years.

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 near 1.0850 ahead of German inflation data

EUR/USD stays weak near 1.0850 ahead of German inflation data

EUR/USD stays depressed near 1.0850 in the European morning on Wednesday. The pair faces challenges as the US Dollar gains further ground amidst emerging risk aversion, fuelled by reduced Fed rate cut expectations and rife Middle East tensions. German inflation data is next in focus. 

EUR/USD News

GBP/USD holds lower ground near 1.2750 amid US Dollar strength

GBP/USD holds lower ground near 1.2750 amid US Dollar strength

GBP/USD holds lower ground near 1.2750 in European trading on Wednesday. The extended strength in the US Dollar and US yields, amid the diminishing bets of a Sept Fed rate cut, weighs on the pair. Risk-off mood also remains a drag on the major. 

GBP/USD News

USD/JPY trades firm above 157.00 amid dovish BoJ commentary, USD strength

USD/JPY trades firm above 157.00 amid dovish BoJ commentary, USD strength

USD/JPY is trading on a positive footing, comfortable above 157.00 in the Asian session on Wednesday. The pair holds higher ground after dovish comments from BoJ's official Adachi. Broad US Dollar strength also adds to the upside in the pair amid a risk-off environment. 

USD/JPY News

Editors’ Picks

EUR/USD stays weak near 1.0850 ahead of German inflation data

EUR/USD stays weak near 1.0850 ahead of German inflation data

EUR/USD stays depressed near 1.0850 in the European morning on Wednesday. The pair faces challenges as the US Dollar gains further ground amidst emerging risk aversion, fuelled by reduced Fed rate cut expectations and rife Middle East tensions. German inflation data is next in focus. 

EUR/USD News

GBP/USD holds lower ground near 1.2750 amid US Dollar strength

GBP/USD holds lower ground near 1.2750 amid US Dollar strength

GBP/USD holds lower ground near 1.2750 in European trading on Wednesday. The extended strength in the US Dollar and US yields, amid the diminishing bets of a Sept Fed rate cut, weighs on the pair. Risk-off mood also remains a drag on the major. 

GBP/USD News

Gold buyers take a breather but technicals stay bullish

Gold buyers take a breather but technicals stay bullish

Gold price is posting small losses below $2,360, pausing a three-day recovery early Wednesday. The US Dollar resurgence acts as a headwind for the Gold price, despite heigthening Middle East tensions and a pick up in Indian physical Gold demand.

Gold News

Digital asset inflows reach record high year-to-date

Digital asset inflows reach record high year-to-date

CoinShares' weekly digital asset flows, released on Tuesday, reveal that digital assets recorded a three-week consecutive rise in inflows, amounting to a record high of $14.9 billion already this year.

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Inflation week: Eyes on Germany’s numbers, Eurozone and the US PCE

Inflation week: Eyes on Germany’s numbers, Eurozone and the US PCE

Today we get Germany’s numbers and on Friday, both the Eurozone and the US PCE. For the Eurozone, expectations are for core to remain the same at 2.7% and for the ECB to cut in June. This is being named a “hawkish cut,” one of those inherently self-contradictory terms.

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