In Episode 331 of The Traders Podcast, your host Rob Booker tells a remarkable story about a substantial tax debt that he once incurred (which recently came back to haunt him) from a failed business with his friend. Rob is also very open and candid about the phenomenon of getting “the scared” scared out of you. Rob asks the listeners to answer this question: How is courage to face difficult experiences developed? Episode 331 is a somewhat raw and unique episode of The Traders Podcast, and it’s an absolute must-listen! Thanks for joining us.
Editors’ Picks
EUR/USD pares gains to near 1.0850, focus shifts to US ISM PMI
EUR/USD is paring back gains to trade near 1.0850 in the European morning on Monday. Softer US monthly Core PCE inflation data and hotter-than-expected Eurozone HICP inflation data help the pair to stay afloat amid a better market mood. US ISM PMI holds the key.
GBP/USD consolidates around mid-1.2700s, downside seems cushioned amid softer USD
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow band, around mid-1.2700s during the Asian session. The downside, meanwhile, remains cushioned in the wake of a modest US Dollar weakness, weighed down by signs of easing inflationary pressures in the United States.
USD/JPY: Japanese Yen receives pressure after dovish comments from Minister Shindo
The Japanese Yen depreciates, with Japanese Economy Minister Yoshitaka Shindo announcing on Monday that the government will “continue efforts for primary balance to reach within surplus territory in FY 2025.” Shindo also expressed optimism, stating that “Real economic growth of 1.3% in FY 2025 is not so unrealistic,” per Reuters.
Editors’ Picks
EUR/USD pares gains to near 1.0850, focus shifts to US ISM PMI
EUR/USD is paring back gains to trade near 1.0850 in the European morning on Monday. Softer US monthly Core PCE inflation data and hotter-than-expected Eurozone HICP inflation data help the pair to stay afloat amid a better market mood. US ISM PMI holds the key.
GBP/USD consolidates around mid-1.2700s, downside seems cushioned amid softer USD
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow band, around mid-1.2700s during the Asian session. The downside, meanwhile, remains cushioned in the wake of a modest US Dollar weakness, weighed down by signs of easing inflationary pressures in the United States.
Gold focuses on daily close below $2,330 and US ISM PMI
Gold price is licking its wounds while trading close to over two-week lows of $2,321, setting off the week on cautious footing. Gold price fails to find inspiration from broadly softer US Dollar and negative US Treasury bond yields.
Week ahead: Altcoins likely to bounce due to short-term bullish wave Premium
Last week was a bummer with Bitcoin price consolidation, and altcoins movements showed confusion in their directional bias. Some altcoins saw bullish, impulsive moves, but most trended sideways or slid lower.
Bumper week of event risk ahead
Featuring two central bank updates – the Bank of Canada and the European Central Bank – a slew of job numbers out of the US and Aussie GDP growth data, the first full week of June is poised to be eventful.
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