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Just started forex trading? Want to learn US dollar trading strategy? Check out my list of 10 trading tips for the US dollar beginner traders and experienced traders. Understand the nuances of the Forex market and elevate your trading to new heights. Let us know in the comments if you will use these tips for your next session.

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.

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Editors’ Picks

EUR/USD stays in daily range near 1.0850 ahead of US data

EUR/USD stays in daily range near 1.0850 ahead of US data

EUR/USD holds steady at around 1.0850 after edging higher on hot French and Spanish inflation data in the early European session on Thursday. The market action remains subdued as focus shifts to inflation figures from Germany and the US.

EUR/USD News

GBP/USD holds ground above 1.2650, awaits US PCE inflation data

GBP/USD holds ground above 1.2650, awaits US PCE inflation data

GBP/USD is holding ground above 1.2650 in the European trading hours on Thursday, as the US Dollar remains on the back foot amid a better mood and sustained USD/JPY sell-off. The focus shifts to the US PCE inflation data for fresh USD price action. 

GBP/USD News

USD/JPY moves lower to near 149.80, focus on US PCE data

USD/JPY moves lower to near 149.80, focus on US PCE data

USD/JPY loses ground on risk appetite ahead of US PCE data. JPY received upward support on hawkish remarks from BoJ’s Hajime Takata. The US Dollar experiences a decline despite the improvement in US Treasury yields.

USD/JPY News

Follow us on Telegram

Stay updated of all the news

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Editors’ Picks

EUR/USD stays in daily range near 1.0850 ahead of US data

EUR/USD stays in daily range near 1.0850 ahead of US data

EUR/USD holds steady at around 1.0850 after edging higher on hot French and Spanish inflation data in the early European session on Thursday. The market action remains subdued as focus shifts to inflation figures from Germany and the US.

EUR/USD News

GBP/USD holds ground above 1.2650, awaits US PCE inflation data

GBP/USD holds ground above 1.2650, awaits US PCE inflation data

GBP/USD is holding ground above 1.2650 in the European trading hours on Thursday, as the US Dollar remains on the back foot amid a better mood and sustained USD/JPY sell-off. The focus shifts to the US PCE inflation data for fresh USD price action. 

GBP/USD News

Gold price consolidates as focus remains on US core PCE Price Index

Gold price consolidates as focus remains on US core PCE Price Index

Gold price awaits the US core PCE Price Index data for a decisive move. The underlying inflation data will sharpen the interest rate outlook. Fed’s Collins expects the Fed’s path to 2% inflation will be bumpy.

Gold News

XRP price surges to $0.58 amidst allegations of price manipulation by Ripple using bots

XRP price surges to $0.58 amidst allegations of price manipulation by Ripple using bots

XRP price continued its rally towards the $0.64 target on Thursday. The altcoin climbed to $0.58, sustained above key support at $0.55, maintaining its uptrend.

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Canada GDP Preview: Economy expected to have resumed expansion in Q4

Canada GDP Preview: Economy expected to have resumed expansion in Q4

Following the annualized 1.1% contraction recorded in Q3 2023, the Canadian economy is predicted to have performed very well in the latter part of last year, growing by 0.8% and prompting the BoC to maintain its prudent monetary policy stance.

Read more

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