Feeling lost in the world of forex trading? Many beginners find forex charts hard to understand. The data and chart types can be too much, leading to mistakes. But, learning to read charts can help you feel more confident in the forex market. Price charts are key for looking at currency pairs and finding good
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, Nasdaq 100 Analysis and Charts Download our Q4 Equities trading Forecast Below: Recommended by IG Get Your Free Equities Forecast FTSE 100 tries to begin the week on a positive footing The FTSE 100 has come off Thursday’s 7,466 high amid hawkish comments
Share: Gold price attracts bids below $1,860.00 after a mild correction in the US Dollar. The US economy remains resilient due to falling inflation, stable labor demand, and robust consumer spending. Fed Kashkari said that current interest rates are not sufficiently restrictive to bring down inflation to 2%. Gold price (XAU/USD) retreats despite the
Share: XAG/USD declined by 0.90% to the $22.80 area. Headline CPI from the US from August rose to 3.7% YoY, beating expectations. US yields retreated but remain uncomfortably high for precious metals. In Wednesday’s session, Silver prices retreated and failed to consolidate above $23.00, falling to the $22.80 area. After fresh inflation figures
Share: The Mexican Peso (MXN) advances against the US Dollar, despite overall US Dollar strength. Banxico’s decision to hold rates at 11.25% boosted the Mexican Peso. USD/MXN may stabilize near current levels, potentially reaching 17.5000 if surpassing 17.4100. A daily close below 17.0000 could indicate an extended downward trend. The Mexican Peso (MXN)
