In today’s TradeGATEHub Live Trading session, Coach Dale checks in with Michael Venezia about today's volume leaders, seeking insights into the most actively traded stocks. Dale provides updates on the USDCAD and the DXY, analyzing current trends and movements in these key currency pairs. Meanwhile, Mike shares details about his trading activities today, including insights into notable option sweepers. This session offers viewers a snapshot of today's market dynamics and strategic moves in both the currency and equity markets.
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Editors’ Picks
EUR/USD retreats below 1.0900 on renewed USD strength
EUR/USD struggles to build on European session gains and trades below 1.0900 in the second half of the day on Thursday. Better-than-expected weekly Initial Jobless Claims data from the US supports the USD, causing the pair to stretch lower.
USD/JPY surpasses 147.00 to print daily highs
USD/JPY maintains its constructive bias well in place and reclaims the area beyond the 147.00 barrier against the backdrop of broad-based risk-on mood, further gains in the US Dollar and higher US yields across the curve.
Gold resumes advance after reconquering $2,400
Gold (XAU/USD) trades decisively higher on the day above $2,410 on Thursday, looking to snap a five-day losing streak. Despite the renewed USD strength and rising US yields, XAU/USD seems to be attracting technical buyers after breaking above $2,400.
Bitcoin price poised for a potential relief rally before continuing its current downtrend
Bitcoin's (BTC) price is recovering from initial weekly losses after a 7% drop on Monday, trading 3.8% higher at $57,245 at the time of writing on Thursday.
Blaring the bear market siren
The market may long for a peaceful passage, but we're gearing up for what looks to be more akin to a rollercoaster expedition. Prepare for a potentially "Turbulent Thursday" and brace for what might become a "Frantic Friday."