Asia FX muted, dollar dips from 1-year peak as rate cut bets persist By Investing.com

Categories
News Room

Investing.com– Most Asian currencies firmed slightly on Tuesday, while the dollar retreated further from recent one-year highs amid persistent bets that the Federal Reserve will cut interest rates in December.  Regional markets were also bracing for more economic cues from China and Japan this week, as well as a swathe of purchasing managers index readings […]

How to Identify a Profitable Trading Strategy

Categories
News Room

Introduction There’s a vast marketplace of trading strategies available online, often showcasing impressive “backtest” results that suggest these methods will perform just as well in the future as they did in the past. While these strategies may appear attractive and promising, key questions arise: How much trust should we place in these backtested results, and […]

Bank of America says US stock mkt statistically expensive, raises 2025 price target anyway | Forexlive

Categories
News Room

Bank of America says broad market is ‘statistically expensive on almost every metric’ raises year-end price S&P 500 to 6,000 we see limited near-term upside to the cap-weighted S&P 500 and prefer the equal-weighted index, but our bear market signposts — the triggers that typically precede an S&P 500 peak — are not signaling elevated […]