Beware of the Stock Market Equity Rally because it is happening under 2 very false assumptions.

 

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Past performance is not indicative of future results. Trading forex carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent financial advisor if you have any doubts.

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GBP/USD battles 1.3000 ahead of UK employment data

GBP/USD battles 1.3000 ahead of UK employment data

GBP/USD treads water at around 1.3000 early Thursday, holding its retreat from 2024 highs of 1.3045. Broad US Dollar resurgence and a risk-off mood weigh on the pair, as traders await the UK employment data for fresh trading impulse. 

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EUR/USD trades with bearish bias below 1.0950 ahead of ECB rate decision

EUR/USD trades with bearish bias below 1.0950 ahead of ECB rate decision

The EUR/USD pair trades on a weaker note around 1.0935, snapping a two-day winning streak during the early European session on Thursday. The Greenback edges higher as traders turn cautious ahead of the European Central Bank's monetary policy meeting later in the day. 

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Gold keeps sight on $2,500 amid trade woes, Fed rate-cut bets

Gold keeps sight on $2,500 amid trade woes, Fed rate-cut bets

Gold price has found fresh demand above $2,450 in early trading on Thursday, looking to regain upside momentum, following a brief correction from a new record high of $2,484 set on Wednesday.

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Worldcoin price sets for a rally following the breakout of the descending trendline

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Worldcoin price faces a descending trendline on Thursday; a breakout signals a bullish move. On-chain data shows that WLD's daily active addresses are increasing, signaling greater blockchain usage. 

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ECB preview: Incoming data since June unlikely to shift the policy view

ECB preview: Incoming data since June unlikely to shift the policy view

Since the last ECB meeting five weeks ago in June, only a limited amount of new economic data has become available, and this data is unlikely to have significantly changed the ECB's perspective on the economy and consequently its policy stance.

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