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Summary
You will learn a simple system for placing "set and forget" trades while you are away from your computer. You will get the rules, the positives and negatives of the system, and see how you can test this out for yourself to see if it may work for you.
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AUD/USD: Recovery should be limited
AUD/USD added to Monday’s advance and managed to surpass 0.6200 the figure on the back of further USD selling, while investors warmed up for US CPI data and the Australian labour market report.
EUR/USD: Focus is now of US inflation
EUR/USD traded with marked gains and managed to briefly test the area beyond the 1.0300 hurdle on Tuesday, on the back of the weaker Greenback and rising caution ahead of Wednesday’s publication of US CPI readings.
Gold prices gain ground after US PPI inflation sparks fresh rate cut hopes
Gold prices edged higher on Tuesday after data from the United States showed that prices paid by producers cooled off. This kept traders hopeful for additional monetary policy easing by the US Federal Reserve.
Ethereum: Investors stay bullish with rising open interest and over 300K ETH withdrawals
Ethereum is up 5% on Tuesday despite the increased outflows witnessed across its exchange-traded funds. Meanwhile, the top altcoin could maintain a long-term bullish outlook as investors across the derivatives and spot market are leaning toward the buy side.
Small business optimism shoots up in December
Small business sentiment continued to improve in December alongside greater economic and public policy certainty. The NFIB Small Business Optimism Index rose 3.4 points to 105.1, reaching its highest level since October 2018.
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