I am a devoted follower of Brent Donnelly, who writes the Friday Speedrun (and my favourite trading book-see my profile) as he is possibly the most intelligent, well-spoken professional trader who consistently posts/publishes valuable content. If ...

Make sure to chargeback any payments you sent to the 'firm' (contact your bank/ start a dispute on a transaction usually via their app) and this goes for any shut-down prop (scam) firms or any fraud businesses in fact! As long as its within 6 months ...

"However, when there are excessive fluctuations or disorderly movements due to speculation, the market is not functioning and the government may have to take appropriate action. We will continue to take the same firm approach as we have in the ...

For those new to this, it means they did intervene. The BOJ is always very hesitant, for whatever reason, to admit when and where they intervened but will officially admit to it in the following months/years. I especially clearly remember this being ...

"On top of that, we have average hourly earnings rising 0.6%MoM/4.5% YoY, whereas the market had been predicting only a 0.3% increase. Meanwhile, the unemployment rate remained at 3.7% rather than rising to 3.8%. This combination of strong jobs and ...

"Weak economic outlook and the declining inflation numbers support our view on the ECB rate cuts The Euro-area growth outlook continues to be weak as the PMIs in January showed that especially German and French economies are struggling. Our forecast ...

I thought the same, especially due to the articles and general consensus of the media/traders. However due to the only moderate initial reaction and lack of immediate follow through makes me think the market wasn't caught off guard at all. Apart ...

"For the past year-plus, the wording has underlined the Fed’s willingness to keep raising interest rates until it reaches its inflation goal. Remove that clause and it opens the door to potential rate cuts ahead; keep it and policymakers will be ...

"Historically, central banks do not tend to cut rates ahead of downturns, instead easing only after recessionary conditions appear and then delivering more cuts than markets anticipate. In the longer term, we continue to expect neutral policy rates ...

"Interest Rates Six interest rate cuts are priced in for 2024. That is an incredibly high bar and we get important data right away with ISM on 03JAN and NFP on 05JAN. I feel these events are skewed to a higher probability of higher bond yields and a ...

" She thinks that by the middle of next year, we should know whether we’ve gotten a soft landing or not. “Definitely by this time next year, we’re either landed, or we’re in a recession,” she said. Let’s all aim for the former. "

Seeing the volume come in on the order flow was crazy, trading off of volume alone would of led you to believe that accumulation was taking place and a reversal is possible, instead yen continued continued to rally and extremely heavy volumes ...

As an avid user of CME FX futures volume data, this is a very welcomed potential change!

“I will stick to 3%, which I think is already reflected in many asset prices. I don’t think we’re going to push inflation down to 2% anymore. It’s too embedded in the economy by all sorts of things,” said Roche, president and global strategist at ...

"America US interest rates rose last week but the dollar did not find much traction. The 10-year yield rose nearly a dozen basis points in the past two sessions and the two-year yield rose ten basis points. The implied yield of the December 2024 Fed ...

"As FX analysts, we should probably resist two temptations here. One is to rush to the conclusion that the dollar strength is over, and we are witnessing the start of a downtrend. US activity data will be scrutinised even closer now, and determine ...

"America When the 33k strikers are added back into US nonfarm payrolls, October's job growth was in line with expectations. The point is that nearly every other component was disappointing. The job growth of the previous two months was revised lower ...

"While more traditional motivations like lowering expenses are still driving firms to go outside the European Union, increased uncertainty was cited as a reason for recent or planned moves into the bloc, the ECB said" ... "The pandemic and the war ...

"They trade with repeatable processes, so that their trades are planned and not reactive." ... 'What we do repeatedly becomes relatively automatic: it becomes part of us. A great way to minimize emotional, reactive trading is to follow trading ...

DXY fell of a cliff.