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Summary
Often traders make their lives harder than they need to be. Convinced that trading should be hard work and require many hours of screen time to execute and overly complicated strategy, most home based traders end up moving further away from what actually works as they gain more experience in the markets. This is the reason so many traders end up losing money and giving up all together.
The good news is that in this webinar Alex Ong is going to teach you a simple, easy to follow trading approach that will get you back on track and generating profits in no time at all. Join us for the webinar that could transform your trading instantly.
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EUR/USD holds just below 1.1000 after softer-than-anticipated German inflation
EUR/USD trades a few pips below the 1.1000 mark, recovering ground following the release of the preliminary estimate of German HICP, up 2.3% YoY in November vs. 2.7% expected and easing from 3% in the previous month.
GBP/USD retreats below 1.2700 as US Dollar decline stalls
GBP/USD is falling back below 1.2700, extending its retreat from multi-month highs in European trading on Monday. The pair fails to find any inspiration from BoE Governor Bailey's hawkish comments, as the US Dollar looks to stabilize ahead of top-tier economic data and Fedspeak.
Gold price retreats from multi-month peak as USD stages a modest recovery ahead of US GDP
Gold price (XAU/USD) struggles to capitalize on its intraday gains to the $2,052 area and retreats from a near seven-month top touched earlier this Wednesday.
Bitcoin price could touch $41,000 in December, analyst predicts bullish breakout
Bitcoin worth $1 billion has been withdrawn from exchanges in the last two weeks. The SEC asked for public feedback on Franklin Templeton’s Spot Bitcoin ETF, fueling anticipation of approval.
Germany CPI Preview: Inflation set to ease further, not necessarily negative for the Euro Premium
The Federal Statistical Office of Germany (Destatis) will release inflation data on Wednesday at 13:00 GMT. The annual German Consumer Price Index (CPI) is expected to rise 3.5% in November, down from the 3.8% increase reported in October.