Summary
When I was younger, my family used to play the board game "RISK" - a game that was focused on accumulating global power through strategic control of geographical areas of the world. Risk needed to be taken to win the game, but typically the winner of the game was the player who defined his risk, limited his risk in the process, and accepted the risk and executed the plan. The losers were typically the ones who didn't understand the risks they were taking, took too much risk, and/or were more focused on the rewards with little in the way of a plan. Too many traders focus on REWARD first and less about the RISK. In this session, Greg Michalowski, Chief Currency Analyst from FXDD will focus on the risks of trading and explain how traders can position themselves to win the game by defining, limiting and accepting their risk."Latest Live Videos
Editors’ Picks
EUR/USD looks sidelined around 1.1850
EUR/USD remains on the back foot, extending its bearish tone and sliding towards the 1.1850 area to print fresh daily lows on Monday. The move lower comes as the US Dollar gathers modest traction, with thin liquidity and subdued volatility amplifying price swings amid the US market holiday.
GBP/USD flirts with daily lows near 1.3630
GBP/USD has quickly given back Friday’s solid gains, turning lower at the start of the week and drifting back towards the 1.3630 area. The focus now shifts squarely to Tuesday’s UK labour market report, which is likely to keep the quid firmly in the spotlight and could set the tone for Cable’s next move.
Gold battle around $5,000 continues
Gold is giving back part of Friday’s sharp rebound, deflating below the key $5,000 mark per troy ounce as the new week gets underway. Modest gains in the US Dollar are keeping the metal in check, while thin trading conditions, due to the Presidents Day holiday in the US, are adding to the choppy and hesitant tone across markets.
Bitcoin consolidates as on-chain data show mixed signals
Bitcoin price has consolidated between $65,700 and $72,000 over the past nine days, with no clear directional bias. US-listed spot ETFs recorded a $359.91 million weekly outflow, marking the fourth consecutive week of withdrawals.
The week ahead: Key inflation readings and why the AI trade could be overdone
It is likely to be a quiet start to the week, with US markets closed on Monday for Presidents Day. European markets are higher across the board and gold is clinging to the $5,000 level after the tamer than expected CPI report in the US reduced haven flows to precious metals.
Here is what you need to know on Monday, February 16:
Major currency pairs trade in familiar ranges to start the week as investors stay on the sidelines ahead of this week's key events and macroeconomic data releases. The European economic calendar will feature Industrial Production data for December on Monday. Stock and bond markets in the US will remain closed in observance of the Presidents Day holiday.