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 (get free access). He is the owner of  www.fxrenew.com a provider of Forex signals from ex-bank and hedge fund traders (get a free trial). If you like Sam’s writing you can subscribe to his newsletter.

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

AUD/USD oscillates in a range below 0.6300 amid mixed cues

AUD/USD oscillates in a range below 0.6300 amid mixed cues

AUD/USD struggles to build on the previous day's positive move and remains below the 0.6300 mark ahead of Trump's tariffs announcement later this Wednesday. In the meantime, the cautious market mood lends some support to the safe-haven USD and caps the upside for the pair. 

AUD/USD News
USD/JPY remains below 150.00 as traders await Trump's tariffs

USD/JPY remains below 150.00 as traders await Trump's tariffs

USD/JPY regains positive traction on Wednesday as receding bets that the BoJ would raise the policy rate at a faster pace undermine the JPY. Spot prices, however, remain confined in the weekly range as traders wait on the sidelines ahead of Trump's reciprocal tariffs announcement. 

USD/JPY News
Gold price holds comfortably above $3,100 amid trade jitters

Gold price holds comfortably above $3,100 amid trade jitters

Gold price attracts some dip-buyers following the previous day's retracement slide from the record high amid persistent safe-haven demand, bolstered by worries about a tariff-driven global economic slowdown. Furthermore, Fed rate cut expectations and the lack of USD buying interest offer additional support to the XAU/USD.

Gold News
US Government to conclude BTC, ETH, XRP, SOL, and ADA reserves audit next Saturday

US Government to conclude BTC, ETH, XRP, SOL, and ADA reserves audit next Saturday

Bitcoin price rose 3% on Tuesday, as MicroStrategy, Metaplanet and Tether all announced fresh BTC purchase. However, BTC price is likely to remain volatile ahead of the anticipated disclosure of U.S. government crypto holdings, which could fuel speculation in the coming days. 

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Is the US economy headed for a recession?

Is the US economy headed for a recession?

Leading economists say a recession is more likely than originally expected. With new tariffs set to be launched on April 2, investors and economists are growing more concerned about an economic slowdown or recession.

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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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