Summary
"For years I've worked with many strategies that were simply brilliant but I kept losing and in result kept changing my strategy. Almost after several years wasted and thousands of dollars lost, I found out that leverage was my core problem. In this webinar I'm going to discuss the reasons why Leverage is deadly and how I overcame that problem almost instantaneously." We've brought in trader Navin Prithyani to share his insights regarding Leverage. Navin Prithyani has been featured on various publications online and offline and is known to simplify complex forex trading for everyone to understand. He's also a Premium Speaker and has been among the top ten most viewed webinars and analysis here at FXStreet for the last 2 years. This is a webinar not to miss! Be sure to register and reserve your seat today.Latest Live Videos
Editors’ Picks
GBP/USD slides toward 1.3300 after softer-than-expected UK inflation data
GBP/USD has come under intense selling pressure, eyeing 1.3300 in the European session on Wednesday. The UK annual headline and core CPI rose by 3.2% each, missing estimates of 3.5% and 3.4%, respectively, reaffirming dovish BoE expectations and smashing the Pound Sterling across the board.
EUR/USD: Sellers attack 1.1700 as USD stages a solid comeback
EUR/USD attacks 1.1700 amid heavy selling interest in the European trading hours on Wednesday. A solid comeback staged by the US Dollar weighs heavily on the pair, as traders look to USD short covering ahead of US CPI on Thursday. However, the downside could be capped by hawkish ECB expectations.
Gold: Bulls await breakout through multi-day-old range amid Fed rate cut bets
Gold attracts fresh buyers during the Asian session on Wednesday, though it remains confined in a multi-day-old trading range amid mixed fundamental cues. The global risk sentiment remains on the defensive amid economic woes and fears of the AI bubble burst. Moreover, dovish US Federal Reserve expectations lend support to the non-yielding yellow metal, though a modest US Dollar uptick might cap any further appreciating move.
Bitcoin, Ethereum and Ripple extend correction as bearish momentum builds
Bitcoin, Ethereum, and Ripple remain under pressure as the broader market continues its corrective phase into midweek. The weak price action of these top three cryptocurrencies by market capitalization suggests a deeper correction, as momentum indicators are beginning to tilt bearish.
Ukraine-Russia in the spotlight once again
Since the start of the week, gold’s price has moved lower, but has yet to erase the gains made last week. In today’s report we intend to focus on the newest round of peace talks between Russia and Ukraine, whilst noting the release of the US Employment data later on day and end our report with an update in regards to the tensions brewing in Venezuela.
Here is what you need to know on Wednesday, December 17:
The US Dollar holds its ground early Wednesday as markets reassess the Fed policy outlook after the employment data. In the early European session, November inflation data from the UK will be watched closely by market participants.