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Dec 22, 20 •
1506 Views •
Market Commentaries •
saed shalabi
Comments Off on Equities slump before the US stages a recovery, gold experiences huge swings, GBP slumps
Futures markets sold off sharply once markets opened on Sunday evening, early Monday morning. The cause of the broad-based sell-off was various. The UK had revealed a new variant and strain of the Covid virus earlier in the previous week. The country then...
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Dec 21, 20 •
1759 Views •
Market Commentaries •
saed shalabi
Comments Off on South East UK enters harsh lockdown, Brexit agreement drifts again, Biden begins to lay out his vision
The UK pound is likely to come under intense scrutiny during the week leading up to the Xmas holidays. On Saturday, December 19, the UK prime minister announced that a vast area of the UK would enter a tier 4 system: the harshest Coronavirus lockdown...
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Dec 18, 20 •
2241 Views •
Is The Trend Still Your Friend •
saed shalabi
Comments Off on WEEKLY MARKET SNAPSHOT 21/12 – 24/12 | HOW WILL THE MARKETS FOR STOCKS, FX AND COMMODITIES BEHAVE DURING XMAS WEEK?
The week before Xmas is traditionally a quiet time for trading in the equity, FX, and commodity markets. However, this has not been an ordinary year. 2020 has been the definition of a genuinely extraordinary year. The tragedy of the Coronavirus has dominated...
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Dec 18, 20 •
1761 Views •
Market Commentaries •
saed shalabi
Comments Off on SPX500 reaches a record high despite horrendous jobless data as USD slumps further
The main equity markets in the USA rose for the second day in series on Thursday to reach record highs in anticipation of the Pandemic Relief Bill finally getting approved. The USA is not experiencing any form of unified coronavirus lockdown, it varies state...
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Dec 17, 20 •
1432 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Why you should trade FX instead of equities or cryptocurrencies
Occasionally trends appear in financial trading. Not the trends you search for on your forex trading charts if you’re a swing trader, the types of movements we refer to and want to discuss are more like popular fads. Think of cryptocurrency trading lately,...
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Dec 17, 20 •
1413 Views •
Market Commentaries •
saed shalabi
Comments Off on Fed leaves rates and policy unchanged, as US retail sales figures disappoint
The Federal Reserve left interest rates unchanged at 0-0.25% during their December policy meeting. Jerome Powell The Fed chair announced the central bank would continue to buy $120 billion of bonds each month until they observe improvements in the US...
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Dec 16, 20 •
1209 Views •
Market Commentaries •
saed shalabi
Comments Off on US equity markets approach record highs: oil rises to February levels based on stimulus optimism
Wall Street is now optimistic that the bipartisan Covid Relief Bill which would inject cash directly into the working and middle-class economy where it’s needed most will finally receive approval by Wednesday. Investors’ collective mood improved further...
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Dec 15, 20 •
1423 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Trading FX strategy idea, letting the market come to you
Looking for methods to simplify your forex trading and destressing the complete process makes a lot of sense. You’ll be less likely to make mistakes which cause a consequential loss of money. A common mistake many novice traders make is to chase the market,...
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Dec 15, 20 •
1245 Views •
Market Commentaries •
saed shalabi
Comments Off on Dollar falls as US equity markets await the stimulus; sterling rises as Brexit deal looks more likely
USD came under pressure versus its main peers during Monday’s trading sessions, illustrated by the dollar index (DXY) trading down -0.29% on the day. At the same time, the leading US equity indices gave up their gains during the New York session as...
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Dec 14, 20 •
1882 Views •
Forex Trading Articles •
saed shalabi
Comments Off on Why zero-fee FX trading accounts are hero accounts
Experienced FX traders recognise the importance of keeping their overheads under control when they trade. They look for certainty wherever and whenever it’s available. They’ll look for tight spreads, low commissions, accurate fills and overall reliability...