Today’s listeners were treated to a great show with Tillie Allison and also received a copy of her DVD: “How To Retire With More Money Than You Need” , just for calling in. Tillie talks about how investors should be looking at the current market selloff, and what it means to the long term picture. Merlin and Tillie also talk about increasing rates of return, which is a key topic in Tillie’s DVD.
Editors’ Picks
EUR/USD stays below 1.1100 after mixed US data
EUR/USD remains under bearish pressure and trades below 1.1100 on Tuesday. The data from the US showed that job openings rose more than expected in August. The disappointing ISM Manufacturing PMI reading, however, makes it difficult for the USD to gather strength.
GBP/USD struggles to rebound, trades near 1.3300
GBP/USD continues to trade deep in negative territory at around 1.3300 in the American session on Tuesday. The mixed macroeconomic data releases from the US limit the USD's rebound, helping the pair hold its ground.
Japanese Yen holds losses as US Dollar remains solid ahead of ISM Manufacturing PMI
The Japanese Yen (JPY) continues to lose ground for the second successive day following the release of the Bank of Japan's (BoJ) Summary of Opinions from September’s Monetary Policy Meeting, along with mixed economic data on Tuesday.
Editors’ Picks
EUR/USD stays below 1.1100 after mixed US data
EUR/USD remains under bearish pressure and trades below 1.1100 on Tuesday. The data from the US showed that job openings rose more than expected in August. The disappointing ISM Manufacturing PMI reading, however, makes it difficult for the USD to gather strength.
GBP/USD struggles to rebound, trades near 1.3300
GBP/USD continues to trade deep in negative territory at around 1.3300 in the American session on Tuesday. The mixed macroeconomic data releases from the US limit the USD's rebound, helping the pair hold its ground.
Gold recovers above $2,660 on escalating geopolitical tensions
Gold gathers recovery momentum and trades above $2,660 on Tuesday. Escalating geopolitical tensions on reports of the Israeli army mounting a ground invasion of Lebanon help XAU/USD push higher despite the renewed US Dollar strength.
Gillian Lynch, head of EU at Gemini: “The next phase of crypto growth will be exponential”
Gillian Lynch is the Head of Ireland and EU at Gemini, the US crypto exchange founded by Cameron and Tyler Winklevoss. FXStreet interviewed her during the European Blockchain Convention 2024 in Barcelona, where Lynch expressed her optimism about the crypto industry.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
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