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Summary

In this webinar, Sam Seiden will show you his strategies and techniques to trade forex.

Learn to Trade Now

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Editors’ Picks

AUD/USD holds rebound near 0.6650, focus shifts to US data, Fedspeak

AUD/USD holds rebound near 0.6650, focus shifts to US data, Fedspeak

AUD/USD is holding steady while consolidating the previous rebound near 0.6650 in Tuesday's Asian trading. The pair fails to capitalize on improved Australian sentiment data and a risk-on mood, as the focus shifts to the US data and Fedspeak for fresh trading impetus. 

AUD/USD News

USD/JPY stays weak below 159.50 amid Japanese verbal intervention

USD/JPY stays weak below 159.50 amid Japanese verbal intervention

USD/JPY is under pressure below 159.50 early Tuesday, as the Japanese Yen benefits from the Japanese verbal intervention. Japan's Hayashi said he will closely monitor the FX moves and take necessary steps. Meanwhile, the US Dollar licks its wounds ahead of sentiment data. 

USD/JPY News

Gold: Sellers return after facing rejection above $2,330

Gold: Sellers return after facing rejection above $2,330

Gold price is back in the red after facing rejection again above $2,330 in Tuesday's Asian trading. Gold price reverses a part of the previous day's rebound even as the US Dollar licks its wounds alongside the sluggish US Treasury bond yields. US data and Fedspeak are on tap. 

Gold News

Bitcoin may be set for a price rebound amid alleged Trump's plan to speak at Bitcoin convention

Bitcoin may be set for a price rebound amid alleged Trump's plan to speak at Bitcoin convention

Bitcoin's price dropped below the $60K level briefly on Monday following news of defunct exchange Mt Gox beginning to pay its creditors in July. However, Santiment data reveals that the recent spike in social volume of the phrase "bottom" could signal a potential price rebound.

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Trading the week ahead

Trading the week ahead

Starting Tuesday, we're watching the Canadian CPI print closely. The Bank of Canada's recent minutes suggested hesitation about the last rate cut, hinting they might delay further cuts. This makes the upcoming inflation data crucial.

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