In today's TradeGATEHub Live Trading session, Cable has a bearish look heading into the BOE. Dale analyzes pre-Fed action and prepares to respond to market reactions. He discusses risk, yields, TLT, and the ongoing slide in precious metals.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
EUR/USD extends slide below 1.0500 ahead of Fed rate call
EUR/USD extends slide below 1.0500 amid a nervous wait-and-see stance. The pair's further upside remains capped as traders stay cautious and refrain from placing fresh bets ahead of the Federal Reserve's highly-anticipated policy announcements.
GBP/USD holds above 1.2700 after UK inflation data
GBP/USD enters a consolidation phase above 1.2700 following the earlier decline. The data from the UK showed that the annual CPI inflation rose to 2.6% in November from 2.3%, as expected. Investors gear up for the Fed's monetary policy decisions.
Gold near weekly lows ahead of Fed
Gold is practically flat near $2,650 on Wednesday after bouncing up from a one-week low it set on Tuesday. The precious metal remains on the defensive as the market braces for the outcome of the last Federal Reserve’s (Fed) meeting of the year.
Federal Reserve set for hawkish interest-rate cut as traders dial back chances of additional easing in 2025
The Federal Reserve is widely expected to lower the policy rate by 25 bps at the last meeting of 2024. Fed Chairman Powell’s remarks and the revised dot plot could provide important clues about the interest-rate outlook.
Sticky UK services inflation to come lower in 2025
Services inflation is stuck at 5% and will stay around there for the next few months. But further progress, helped by more benign annual rises in index-linked prices in April, should see ‘core services’ inflation fall materially in the spring.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.