Summary
How are you placing your stops and managing your money when it comes to trading? Does your stop loss have a valid reason to be where it is? So what is on your mind - brokers are hunting your stops? Find out if that is true and why. We've brought in Analyst Navin Prithyani again to share with us his "Re-engineered Stops and Money Management" methods with attendees here at FXStreet. The analyst has been featured on various publications online and offline and is known to simplify complex forex trading for everyone to understand. Be sure to register and reserve your seat today.Latest Live Videos
Editors’ Picks
When is the Australian Trade Data and how it could affect AUD/USD?
The Australian Bureau of Statistics will publish its data for December on Thursday at 00.30 GMT. Australia’s Trade Surplus is expected to widen to 3,300M MoM in December, compared to 2,936M in November.
EUR/USD remains weak near 1.1800
EUR/USD rapidly fades Tuesday’s uptick and resumes its weekly retracement, challenging the 1.1800 support at the end of the NA session on Wednesday. The pair’s drop comes in response to extra gains in the US Dollar. Moving forward, the ECB meets on Thursday and is seen leaving its policy rate unchanged.
Gold stays offered below $5,000
Gold is back under pressure on Wednesday, slipping below the $5,000 mark per troy ounce as Wednesday’s session draws to a close. The pullback comes amid renewed strength in the US Dollar alongside mixed moves in US Treasury yields across the curve.
Dogecoin plummets as retail investors exit amid broad market sell-off
Dogecoin holds near support at $0.1000 at the time of writing on Wednesday, as bears tighten their grip on assets across the crypto market. The leading meme coin remains on the back foot, weighed down by risk-off sentiment, low retail activity and weak technicals.
The AI mirror just turned on tech and nobody likes the reflection
Tech just got hit with a different kind of selloff. Not the usual rates tantrum, not a recession whisper, not even an earnings miss in the classic sense. This was the market staring into an AI mirror and recoiling at its reflection.
Here is what you need to know on Thursday, February 5:
United States (US) ADP Employment Change report revealed that the private sector added 22K jobs in January, falling short of expectations of 48K.