Dollar Dives on Soft NFP Reading

The dollar was dragged down by the poor NFP reading that was released last Friday. Eye on RBAs interest rate decision on tomorrow with the expectation to stand pat. Gold prices plummeted after they re

What is the best way to learn forex trading (besides reading forex websites/blogs)?

After 8+ years of trading forex and mentoring new traders, here are the most effective learning methods Ive found:1. Demo Account Practice (Essential First Step)- Open a demo account with a reputable

Major Financial Event Happening Now

Reminder:You may experience some lag or delays in placing orders, or you may find that some brokers will have your orders placed differently from your Bid and Ask lines. This will be due to increased

Experts Weigh In on Today's News

Reminder: You may experience some lag or delays in placing orders, or you may find that some brokers will have your orders placed differently from your Bid and Ask lines. This will be due

"US October Non-Farm Payrolls Shockingly Weak; Gold Surges Then Retreats"

Hot spot trackingThe number of new non-farm payrolls in the United States in October was 12,000, the smallest increase since December 2020; traders increased their bets that the Federal Reserve would

Analysis of today's market

Gold (XAU/USD) edges lower during a voltile trading day on Friday. The precious metal briefly rose to the $2,760s after the release of US Nonfarm Payrolls (NFP) data showed a decline to only 12K in Oc

Important notification：End of US Daylight Saving TIme Trading Hours 3rd Nov

GTCFX Shines at the 2024 Davao Traders Fair, Drawing Enthusiastic Responses at Its Booth

On October 26, 2024, GTCFX participated in the much-anticipated Davao Traders Fair Traders Awards held at the Dusit Thani Hotel in Davao, Philippines. The event attracted a large number of industry e

Dollar Pauses as Jobs Data Looms

The U.S. dollar retreated slightly despite positive economic data as investors await the U.S. election and Nonfarm Payrolls report.The Euro gained on rising Eurozone inflation, reducing the likelihood

DBG Markets: Market Report for Nov 01, 2024

Market OverviewRate Cuts Watch RBNZ: Investors expect a 50 basis point cut on Nov. 27.RBA: No rate changes expected in November; first cut anticipated in May 2024.ECB: Policymakers are divided on a ha

Stock Market Indexes Explained: The Key Indicators of Economic Health

Stock indexes are financial indicators that allow analysis of the economic situation of a specific country, set of securities, or industry. In this article, we will discuss what they are, how they ope

Gold price plummeted by $40 during the day; U.S. stocks suffered a "critical hit"!

Hot spot trackingThe annual rate of the US core PCE price index in September was 2.7%, higher than the expected 2.6% and the same as the previous value; the monthly rate of the US core PCE price index

KVB Market Analysis | 1 Nov: Gold Prices Retreat from Record Highs Amidst Strong U.S. Economic Data

Product: EUR/USDPrediction: IncreaseFundamental Analysis:The EUR/USD pair has risen to 1.0885 in early Asian trading on Friday, supported by a weakening U.S. Dollar. Traders are focused on the U.S. No

Market Pulse: Today's Top Headlines

Market Overview Rate Cuts Watch RBNZ: Investors expect a 50 basis point cut on Nov. 27. RBA: No rate changes are expected in November; the first cut is anticipated in May 20

Financial Forecast: What to Expect Today

Market OverviewRate Cuts WatchRBNZ: Investors expect a 50 basis point cut on Nov. 27.RBA: No rate changes expected in November; first cut anticipated in May 2024.ECB: Policymakers are divided on a hal

Countdown to Chaos? U.S. Election Set to Rock Markets

The Week Ahead: Week of 4 November (GMT+2)Countdown to Chaos？ U.S. Election Set to Rock MarketsTuesday, 5 November 2024, 05.30RBA Interest Rate Decision (Nov)The latest update from the Reserve Bank of

FPG Sponsors Quanzhou Summit, Empowering Attendees with Key Insights on Trading and Networking

Last week, as the primary sponsor, FPG Fortune Prime Global partnered with FX Alliance to host the Quanzhou Trading Technology Summit. Under the theme “Inside Trading and Beyond,” the event attracted

FBS Supports Child Welfare in Indonesia

We are delighted to announce our partnership with the Peduli Anak Foundation, marking the beginning of our first collaborative project. The recent donation from FBS supported the foundations mission o

GTC FX Shines in Delhi, India with a Successful IB Networking Event!

Recently, the IB networking event sponsored by GTC FX was grandly held in the capital city of Delhi, India, gathering industry elites and partners. The event was hosted by GTCs senior agent Mr. Anil a

【MACRO Insight】Gold market dynamics: growing demand and soaring prices

On Wednesday, the gold market hit a new high again, with gold prices breaking through the 2,780 mark at one point, and silver prices also continued to rise, reaching $34 per ounce, the highest level i