In today's TradeGATEHub Live Trading session, Coach asks Mike about his top post-election positions, leading to valuable insights. Dale dives into updates on nat gas, cannabis, and critical SPX moving averages, while Mike provides a rundown of today’s trading activity and shares option sweeps where traders placed notable bets.

 

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EUR/USD stabilizes near 1.0550 despite soft German inflation data

EUR/USD stabilizes near 1.0550 despite soft German inflation data

EUR/USD fluctuates in a narrow range near 1.0550 in the American session on Thursday. Soft inflation data from Germany makes it difficult for the Euro to gather strength, limiting the pair's upside, while US markets remain closed in observance of the Thanksgiving Day holiday.

EUR/USD News
GBP/USD trades below 1.2700 on modest USD recovery

GBP/USD trades below 1.2700 on modest USD recovery

GBP/USD struggles to gain traction and moves sideways below 1.2700 on Thursday. The US Dollar corrects higher following Wednesday's sharp decline, not allowing the pair to gain traction. The market action is likely to remain subdued in the American session.

GBP/USD News
Gold maintains shallow recovery on Fed rate-cut bets

Gold maintains shallow recovery on Fed rate-cut bets

Gold extends its shallow recovery from Tuesday’s lows as it trades in the $2,640s on Thursday. The yellow metal is seeing gains on the back of cementing market bets that the Fed will go ahead and cut US interest rates at its December meeting. 

Gold News
Fantom bulls eye yearly high as BTC rebounds

Fantom bulls eye yearly high as BTC rebounds

Fantom (FTM) continued its rally and rallied 8% until Thursday, trading above $1.09 after 43% gains in the previous week. Like FTM, most altcoins have continued the rally as Bitcoin (BTC) recovers from its recent pullback this week. 

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Eurozone PMI sounds the alarm about growth once more

Eurozone PMI sounds the alarm about growth once more

The composite PMI dropped from 50 to 48.1, once more stressing growth concerns for the eurozone. Hard data has actually come in better than expected recently – so ahead of the December meeting, the ECB has to figure out whether this is the PMI crying wolf or whether it should take this signal seriously. We think it’s the latter.

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Best Forex Brokers with Low Spreads

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.

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