October 2023

One of the challenges of forex trading is dealing with major events that cause market volatility. Major events can be anything from political elections, central bank decisions, natural disasters, or global pandemics. These events can create…
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Tomorrow concludes the penultimate meeting of the Fed for this year, with a pretty clear expectation of no policy change. But investors are likely to be very keenly looking for hints about what will happen in December, as a final rate hike…
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AUDUSD tries to rebound The Australian dollar inched higher after September’s retail sales shot above expectations. The pair is still grinding its 12-month low of 0.6270 as the medium-term bulls try to avoid a deeper correction. Its…
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The upcoming BOJ meeting is expected to be a "live" one, as much as a BOJ meeting can be in the current circumstances. Naturally, the overwhelming consensus is that there won't be any change in the rate. But conditions have changed over the…
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USDCAD breaks key resistance The US dollar advanced further after steady core PCE in September suggested persistent inflation pressure. The price has lifted offers around last March’s peak of 1.3860 and would force the bears to throw…
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USDJPY under pressure ahead of BoJ meeting The Japanese yen steadies on speculation of further tweak to the BoJ’s yield curve control. The central bank is expected to stay an outlier and maintain its ultra-loose monetary policy. This…
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Gold is in a funny place right now. Since hitting a low at the start of October, it has rallied 10% over the last three weeks. But, it seems to be struggling to get through the strong $2,000/oz technical level. This is because traditional…
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Get ready to trade the NFP LIVE with our leading experts!  Join our resident US market specialists, David Kindley and Daniel John Grady for an exclusive live webinar on the upcoming Non-farm Payrolls release, on November 3rd, 2023.  All…
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