About the Author

Sam Eder is a currency trader and author of "The Definitive Guide to Developing a Winning Forex Trading System" and "The Advanced Forex Course for Smart Traders". He also provides Forex signals from ex-bank and hedge fund traders.

FX Renew Pty Ltd ABN 50 168 652 542 the holder of an Australian Financial Services Licence (AFSL) to carry on financial services business in Australia, limited to the financial services covered by its AFSL no.455388. Any advice or correspondence is general advice only and is based solely on consideration of the investment or trading merits of the financial products alone, without taking into account the investment objectives, financial situation or particular needs (i.e. financial circumstances) of any particular person. Before making an investment or trading decision based on the general advice, the recipient should carefully consider the appropriateness of the advice in light their financial circumstances and should carefully review FX Renew's FSG and terms and conditions. FX Renew is not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Past results are not a guarantee of future performance. RISK DISCLOSURE Trading foreign exchange carries a high level of risk, and may not be suitable for all investors. The high degree of leverage available can magnify profits and as well as losses. You can lose more than your initial deposit. Before trading, please carefully consider the risks and inherent costs and seek independent advice as required. Please contact us, to discuss any questions or concerns you may have, we are here to help.

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Editors’ Picks

Gold corrects from record-high, holds near $3,300 on broad USD weakness

Gold corrects from record-high, holds near $3,300 on broad USD weakness

Gold clings to strong daily gains near $3,330 after setting a new record-high near $3,320 earlier in the day. Persistent worries about the escalating US-China trade war and US recession fears continue to weigh on the USD, while boosting the demand for safe-haven Gold ahead of Fed Powell's speech.

Gold News
EUR/USD holds firm above 1.1350 ahead of Powell speech

EUR/USD holds firm above 1.1350 ahead of Powell speech

EUR/USD is strongly bid above 1.1350 in European trading on Wednesday. The pair draws support from a fresh round of selling in the US Dollar amid persistent fears over US-China trade war and a lack of progress on EU-US trade talks. Fed Chairman Powell is scheduled to deliver a speech later in the day.

EUR/USD News
GBP/USD trades at multi-month highs above 1.3250 after UK CPI data

GBP/USD trades at multi-month highs above 1.3250 after UK CPI data

GBP/USD builds on six consecutive days of gains and trades at its highest level since early October above 1.2350 as the US Dollar selloff resumes on Wednesday. The data from the UK showed that the annual CPI inflation softened to 2.6% in March from 2.8% in February but had little impact on Pound Sterling.

GBP/USD News
BoC set to leave interest rate unchanged amid rising inflation and US trade war

BoC set to leave interest rate unchanged amid rising inflation and US trade war

All the attention is expected to be on the Bank of Canada this Wednesday as market experts widely anticipate the central bank to maintain its interest rate at 2.75%, halting seven consecutive interest rate cuts.

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Future-proofing portfolios: A playbook for tariff and recession risks

Future-proofing portfolios: A playbook for tariff and recession risks

It does seem like we will be talking tariffs for a while. And if tariffs stay — in some shape or form — even after negotiations, we’ll likely be talking about recession too. Higher input costs, persistent inflation, and tighter monetary policy are already weighing on global growth. 

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The Best brokers to trade EUR/USD

The Best brokers to trade EUR/USD

SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.

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