Fed’s dot plot included a rate cut for the first time and lowered economic projections. Short USD/JPY?
If Powell were to maintain his neutral stance on forward guidance, dollar could strengthen as Fed Fund Futures is already pricing in a 95% cut in September. Short EUR/USD?
Fed may disappoint traders this week in its FOMC meeting, sell USD/JPY?
MMC (Money Management Correlation) is an indicator under “Portfolio” which shows conformity of your copying settings for a specific trading strategy to Money Management rules defined by a strategy...
A weaker retail sale could cause the US yield curve to steepen, resulting in a stronger dollar due to US yield curve correlation with the dollar index. Long USD/JPY?
As RBA’s optimism last week was largely due to labour data, a stronger data tomorrow could boost the Aussie dollar. Short EUR/AUD if data surpasses expectations.
Bets on Fed to cut within the year increase, sell USD/JPY?
In the forex trading scene, it’s often normal for new traders to first start with a demo account before switching to a Live account with real money. There are three advantages to using a demo account:
With the market already pricing in a downgrade in eurozone economic projections, only a change in forward guidance could push euro lower. Short EUR/USD if Draghi were to mention a rate cut tonight.
Leverage |
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Up to 1:500 |
Spread |
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Starting as low as 0.1 pip |
Min Trade Size |
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0.01 Lot |
Support |
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24-hour (Monday - Friday) |