Automating Your Trading Journey: How Trading Bots Help Beginners Achieve Consistent Results

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Trading is an adventure filled with highs and lows, much like a journey through Middle-earth. But what if, like Frodo, you had a Samwise to guide you, keeping you grounded and ensuring you stay on course? A reliable trading bot can be that steadfast companion, taking you step-by-step toward more consistent results—without the unexpected detours. […]

Gold sits near record high, looks to US PCE Price Index for fresh impetus

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Gold price consolidates near record high amid elevated US bond yields and renewed USD buying. US political jitters and Middle East tensions might continue to act as a tailwind for the XAU/USD. Traders keenly await the release of the US PCE Price Index before placing fresh directional bets. Gold price (XAU/USD) trades with a mild […]

North Korea says its ICBM test set new records | Forexlive

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Yen seems to be drawing strength from this …. North Korea says it fired ICBMNorth Korea says its ICBM test sets new recordNorth Korea’s Kim Jong Un says missile test was appropriate military activityNorth Korea’s Kim Jong Un says our enemies’ dangerous moves have emphasized need to strengthen nuclear forceNorth Korea’s Kim Jong Un says […]

Yen under pressure as BOJ keeps rates steady By Reuters

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By Brigid Riley TOKYO (Reuters) -The yen remained under pressure on Thursday as the Bank of Japan kept ultra-low interest rates steady, while the U.S. dollar consolidated ahead of jobs data later this week and the U.S. presidential election next week. The Japanese currency has taken a beating this month as the dollar and U.S. […]

NZD/USD gathers strength above 0.5950, US PCE data looms

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NZD/USD gains ground to around 0.5980 in Thursday’s Asian session.  ANZ Business Confidence rose to 65.7 in October vs. 60.9 prior.  Investors await the US PCE inflation data on Thursday.  The NZD/USD pair recovers some lost ground to near 0.5980 on Thursday during the Asian trading hours. The upbeat New Zealand business confidence and Chinese Manufacturing […]

Step-by-Step Guide to Set Up MT5 to Telegram Trade Copier Bot

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This is a user guide on setting up the MT4/MT5 to Telegram Trade Copier EA MT5 Available here: https://www.mql5.com/en/market/product/125777 MT4 Available here: https://www.mql5.com/en/market/product/125784 1. Create a Telegram Bot: Open Telegram and search for the BotFather. Start a chat with BotFather and use the command /newbot . Follow the prompts to name your bot and get the bot token (you’ll need […]

Goldman Sachs quants says S&P 500 to swing +/- 2% on a wild election day | Forexlive

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A heads up via a Goldman Sachs derivatives research note. Citing options markets, GS says it’ll be a volatile election day (November 5): SPX options pricing implies a plus/minus 2.1% move on the day options on the top 25 macro ETFs which imply an average move of +/- 5.3% for U.S. elections when compared to […]

Mexican Peso sinks as economy expands and US GDP rises

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Mexican Peso weakens due to strong US data and political uncertainty tied to Mexico’s judiciary reform. Mexico’s Q3 GDP exceeds forecasts, but US ADP jobs data and resilient GDP growth lifts the USD. Traders eye upcoming data, including Mexico’s Business Confidence and US PCE Price Index and Nonfarm Payrolls. The Mexican Peso extended its losses […]

Global Payments sharpens core focus with $1.1 billion medical software unit sale By Reuters

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By Niket Nishant (Reuters) -Global Payments will sell its medical software business, AdvancedMD, to investment firm Francisco Partners for $1.13 billion, the companies said on Wednesday, as the financial technology firm slims down to focus on its core operations. Its shares were up nearly 4%, as the company also unveiled a $600 million accelerated stock […]

ECBs Villeroy:ECB does not have to react to short-term deviations from inflation target | 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 […]

ECB’s Schnabel: Headline inflation will remain bumpy

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ECB board member Isabel Schnabel argued that the European Central Bank does not need to lower interest rates to a level that would stimulate the economy, as she believes inflation is unlikely to fall below the bank’s 2% target. Key Quotes Disinflation remains on track, which allowed us to lower rates further in October, but […]