Sam Seiden
Independent Analyst
Summary
It's no secret, Banks tend to be very profitable. At the same time, retail Forex traders tend to lose money yet both groups are buying and selling in the same market. Sam Seiden began his career on the Bank side of the business in the Forex markets at the Chicago Mercantile exchange where he facilitated large FX order flow for banks, institutions, hedge funds, and more in the Forex markets. Join Sam as he shows you the simple reasons why Banks are consistently profitable and you're not.Latest Live Videos
Editors’ Picks
EUR/USD pops to yearly highs near 1.1770
EUR/USD rapidly reverses course and hits fresh YTD tops near 1.1780 at the end of the week. The pair’s U-turn comes on the back of the intense sell-off in the Greenback amid the generalised risk-on context.
Gold picks up pace, approaches $5,000
Gold prices keep their uptrend well in place and gear up for an imminent hit to the key $5,000 mark per troy ounce on Friday. The yellow metal’s sharp advance gathers pace amid the increasing weakness in the US Dollar and mixed US Treasury yields across the curve.
GBP/USD climbs to four-month tops near 1.3600
GBP/USD is building on its solid weekly advance and is pushing toward the 1.3600 hurdle on Friday, or new four-month peaks. Cable’s strong move higher comes as the Greenback intensifies its decline, while auspicious results on the UK calendar also collaborate with the uptrend.
Swiss bank UBS Group mulls Bitcoin and Ethereum offering for select private clients
UBS Group AG plans to offer crypto investment services to select private clients. The offering will allow clients of its private bank in Switzerland to buy and sell Bitcoin and Ethereum.
Week ahead – Fed and BoC meet amid geopolitical upheaval and Trump’s Fed pick
Fed to likely go on pause after three straight cuts. BoC is also expected to stand pat. But will Trump steal the limelight by revealing his Fed chair nomination?
Week ahead – Fed and BoC meet amid geopolitical upheaval and Trump’s Fed pick
Fed to likely go on pause after three straight cuts. BoC is also expected to stand pat. But will Trump steal the limelight by revealing his Fed chair nomination? Eurozone GDP and Australian and Tokyo CPI to be watched too.