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 flirts with daily tops near 1.1650 ahead of Fed
EUR/USD manages to regain the smile on Wednesday, trading with decent gains around 1.1650, or daily peaks. The pair's daily advance comes in response to further losses in the US Dollar as market participants get ready for the upcoming FOMC gathering, where the Fed is widely expected to lower its interest rates by a quarter point.
GBP/USD advances to 1.3350 amid USD selling
GBP/USD sets aside two daily declines in a row and manages to regain some balance beyond the 1.3300 hurdle on Wednesday. The better tone around Cable follows the renewed downside bias in the Greenback ahead of the much awaited interest rate decision by the Federal Reserve.
Gold aims north ahead of Fed’s announcement
Gold is a touch softer on Wednesday, even with the US Dollar easing and US Treasury yields reversing part of their recent robust multi-day recovery. The yellow metal remains cautious ahead of the widely expected 25 bps rate cut from the Fed and the release of an updated "dots plot".
Federal Reserve expected to cut interest rates as disagreement among officials grows
The United States (US) Federal Reserve (Fed) will announce its interest rate decision on Wednesday, with markets widely expecting the US central bank to deliver a final 25 bps cut for 2025.
Q3 ECI: Cooling compensation growth a sign of jobs market softening
This morning's Employment Cost Index (ECI) reading offered additional evidence that the gradual softening in the labor market is translating to slower compensation growth.
Fed Live coverage:
How will US Dollar react to Fed policy announcements?
The US Fed will announce its interest rate decision on Wednesday, with markets widely expecting the US central bank to deliver a final 25 bps cut for 2025. Our experts will analyze the market reaction to the event at 18:30 GMT. Join us here!