Hot off the press — you’re hearing it here first! Your host, Rob Booker, has a very big, wild and crazy announcement for this episode! You don’t want to miss this show. Starting April 1, Rob is hitting the road, and he wants to come and visit YOU (and maybe sleep on your couch…). Listen to this episode to find out how you can participate or at least follow The Rob Booker Trade-for-a-Living Road Tour! No, Rob’s not crazy; he’s a trader!
Editors’ Picks
EUR/USD surpasses 1.1000 as DXY accelerates slide
EUR/USD rose above 1.10000, reaching the highest intraday level since August 10. The pair is supported by broad-based US Dollar weakness and renewed hopes the Fed is done with rate hikes. The DXY dropped below 103.00 to the lowest in three months.
GBP/USD runs past 1.2700 as US Dollar collapses
GBP/USD rose further during the American session and trades above the 1.2700 mark. A weaker US Dollar continues to support the upside in the pair, as well as central banks' imbalances, with hawkish comments from the BoE and a softer message from Fed's officers.
Japanese Yen remains supported by bets for an imminent shift in BoJ's policy stance in 2024
The Japanese Yen continues to draw support from hawkish BoJ expectations. Fed rate cut bets drag the USD to a multi-month low and weigh on USD/JPY. Investors now look to the US Consumer Confidence Index and Fedspeaks.
Editors’ Picks
EUR/USD surpasses 1.1000 as DXY accelerates slide
EUR/USD rose above 1.10000, reaching the highest intraday level since August 10. The pair is supported by broad-based US Dollar weakness and renewed hopes the Fed is done with rate hikes. The DXY dropped below 103.00 to the lowest in three months.
GBP/USD runs past 1.2700 as US Dollar collapses
GBP/USD rose further during the American session and trades above the 1.2700 mark. A weaker US Dollar continues to support the upside in the pair, as well as central banks' imbalances, with hawkish comments from the BoE and a softer message from Fed's officers.
Gold heading towards 2020 record high
Gold prices extended gains on Tuesday, with XAU/USD trading as high as $2,038.45 after Wall Street's opening, currently holding nearby. The US Dollar has remained under selling pressure since the day started.
Dogecoin price might recover losses if volume picks up
Dogecoin has noted a massive rise in wallet addresses with a non-zero balance. This increase is typical of rising demand among market participants for DOGE. On-chain metrics paint a bullish outlook for Dogecoin.
Mullen Stock Forecast: MULN falls more than 8% on Tuesday
Mullen Automotive (MULN), a popular electric vehicle (EV) penny stock, descended more than 8% on Tuesday. Shares of the California-based company have trended 39% lower over the past month as the market awaits a shareholder vote on another reverse split scheduled for December 15.
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