The Range Trade is Alive and Well as Markets Ponder Central Bank Rate Strike

Going into the fourth quarter, interest rate markets are pricing in a peak in most major central bank monetary policy tightening cycles by the end of this year, if not sooner. Remarks from policy makers across the spectrum point toward future decisions on cash rates being dependent on the incoming economic data. This is somewhat

Short USD/ZAR: Top Trade Opportunities

The South African rand has had a tumultuous period throughout Q3 2023 but ultimately trades roughly around the same levels against the USD as it did at the beginning of Q3. Central bank nuances shaped the way while global economic growth concerns did not do the rand any favors. As we head into Q4, these

Indian rupee to trade in tight range as RBI keeps intervening

© Reuters. FILE PHOTO: An India Rupee note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo By Milounee Purohit BENGALURU (Reuters) – The Indian rupee will trade in a tight range over the coming months as the Reserve Bank of India continues to intervene in the market to shield the currency

Light changes in market sentiment so far in European morning trade

The changes among major currencies are mostly relatively light so far on the day, outside of the antipodeans. EUR/USD is flattish around 1.0480 now and seen holding within a 34 pips range only today. There are large option expiries at 1.0495 that are in play to keep price action pinned just below 1.0500. Meanwhile, USD/JPY

How To Trade Properly With GOLD ID – My Trading – 3 October 2023

How and when to activate Close Partial Far Loss: A. Close Partial Far loss is activated if the signal shows the opposite direction to the current trend. Example : 1. AI Signal = buy 2. Current trend = Sell 3. Activate close partial far loss to reduce drawdown Note: Stoploss can be disabled in this