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Summary
We’ve got our premium speaker, Navin Prithyani to host a public webinar to do an exclusive FXStreet webinar for tackling the basics of trading. During this webinar Navin will cover the following :
- What moves the market?
- How should you think to position yourself to win?
- What indicators can you use for better trading?
- A simple step by step strategy that will help you get started
This webinar is one that should not be missed and we’re opening free registration for it. Navin Prithyani is known in the industry to simplify trading with his award winning courses and highest rated reviews. He is also available as a Premium Speaker once a month here at FXStreet. We look forward to seeing you LIVE in this free webinar.
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Editors’ Picks
EUR/USD clings to daily gains, still below 1.1900
EUR/USD manages to reverse two daily pullbacks in a row and advances modestly on Thursday, hovering around the 1.1880 zone amid the inconclusive price action around the US Dollar. Meanwhile, weekly Initial Claims rose more than expected last week, while attention is expected to shift to the upcoming US CPI data on Friday.
GBP/USD picks up pace, hits 1.3640
GBP/USD trades with modest gains around 1.3640 so far on Thursday. Indeed, Cable looks to leave behind the weakness seen in the first half of the week in a context of an equally erratic performance in the Greenback and disappoting UK data releases.
Gold stays offered below $5,100
Gold keeps the choppy trade well in place on Thursday, navigating the area below the $5,100 mark per troy ounce amid the lack of clear direction in the Greenback, declining US Treasury yields across the curve and caution ahead of Friday’s publication of US CPI.
LayerZero Price Forecast: ZRO steadies as markets digest Zero blockchain announcement
LayerZero (ZRO) trades above $2.00 at press time on Thursday, holding steady after a 17% rebound the previous day, which aligned with the public announcement of the Zero blockchain and Cathie Wood joining the advisory board.
A tale of two labour markets: Headline strength masks underlying weakness
Undoubtedly, yesterday’s delayed US January jobs report delivered a strong headline – one that surpassed most estimates. However, optimism quickly faded amid sobering benchmark revisions.
Here is what you need to know on Thursday, February 12:
The US Dollar stays resilient against its rivals in the second half of the week, supported by the upbeat labor market data for January. The US economic calendar will feature weekly Initial Jobless Claims and January Existing Home Sales data on Thursday.