Mexico peso drops more than 3% on jitters over Morena supermajority By Reuters

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By Karin Strohecker LONDON (Reuters) -Mexico’s peso tumbled more than 3% against the dollar on Monday after the ruling party scored a surprisingly strong election showing and looked poised for a super-majority that markets fear might bring constitutional change and diminish checks and balances. Claudia Sheinbaum won a landslide victory in Sunday’s presidential election, which […]

📈 Trading results of the Prop GT Expert Advisor on FTMO account for May 27-31 📈

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During this week EA made 6 trades on the account of Prop Firm FTMO, and all 6 were profitable. The total profit of the EA was $3,469, which is 3.4% to the deposit for the week. To complete the Prop Firm Challenge, your profitability must be 10%. To do this, you need to have 2.5% […]

USD/JPY holds lower alongside bond yields on the day | Forexlive

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USD/JPY hourly chart 10-year yields in the US are down 5 bps to 4.461% currently and that is weighing on USD/JPY mostly in European trading. The dollar is now trading more mixed again versus the rest of the major currencies, keeping little changed. But in the case of USD/JPY, the pair is nudging to the […]

US dollar sinks to three-week low on signs of slowing economy By Reuters

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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar fell to a three-week low on Monday after data showed the U.S. economy is gradually slowing down with weaker-than-expected readings on manufacturing and construction spending, suggesting that the Federal Reserve is on track to start cutting interest rates later this year. The , a measure of the […]

Oil maintains bearish outlook despite OPEC+ decision to extend output cuts

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Oil steadies near $77.00, looking for direction after Sunday’s OPEC+ meeting.  OPEC+ meeting sets the tone for more downside after the summer season despite the decision to extend production cuts.  The US Dollar Index trades at mid-104.00 levels and is facing a heavy week full of economic data. Oil prices trade broadly steady on Monday, […]

457: Trading Advice You Need To Be Profitable – Casey Stubbs

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Listen to the audio episode: Get The Complete Price Action Strategy Checklist! Trading Advice From A Full-Time Profitable Master In episode 457 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Casey Stubbs sharing trading advice you need to be profitable. Why is it crucial to set […]

More from OPEC+: Saudi energy minister says waiting for interest rates to come down | Forexlive

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not […]

AI GEN XII EA Settings

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AI GEN XII EA SET UP After purchase the EA, please follow the steps below to set up the EA correctly. First, before adding the EA to the Chart, please open your Metatrader, navigate to “Tools” -> “Options” and click to “Expert Advisors“. Please activate “Allow WebRequest for listed URL” and add following URLs: https://api.openai.com/ https://ec.forexprostools.com/ https://smartfx.com/ https://www.dailyfx.com/ https://www.economies.com https://www.investing.com/ […]

Markets Week Ahead: ECB Rate Decision, US NFPs – USD, Gold, Euro, Nasdaq

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Markets Week Ahead: ECB Rate Decision, US NFPs – USD, Gold, Euro, Nasdaq ECB to cut interest rates by 25 basis points on Thursday. US jobs week culminates with NFPs on Friday. Gold eyes early-May lows. Navigating Volatile Markets: Strategies and Tools for Traders A week full of potential volatility with the ECB policy meeting […]

Gold Price Forecast: Bears Take Out Key Support, Next Leg Lower May Be Underway

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Most Read: British Pound Weekly Forecast: Ranges Likely To Hold As Focus Moves To ECB In a recent article, I explored a compelling trading idea, discussing the possibility of gold‘s recent softness persisting in the near term. I pointed out that a breach of support located around $2,335 could serve as a technical signal for […]

Russia eases forex sales requirements for contracts in roubles By Reuters

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MOSCOW (Reuters) – The Russian government has softened requirements for mandatory sales of foreign currency for exporters if more than half of the value of their contracts is paid in roubles, according to changes to a government decree. President Vladimir Putin signed the decree in October mandating the reintroduction of capital controls, affecting dozens of […]