Kathy Lien
BK Asset Management
You've worked hard, nailed your trades, and raked in those profits, so the last thing you need is a prop firm saying "denied!"
Let's make sure you stay on the winning side with these 10 easy steps to dodge denials and get what’s rightfully yours.
It's time to turn all that effort into hassle-free withdrawals!
Past performance is not indicative of future results. Trading forex 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 trade any such leveraged products 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 trading on margin, and seek advice from an independent financial advisor if you have any doubts.
Editors’ Picks
EUR/USD: US Dollar soars with upbeat employment data, inflation comes next
The EUR/USD pair kick-started October with a weak note, plummeting to 1.0958 on Friday following an upbeat surprise from United States employment figures. As a result, the US Dollar advanced amid decreasing bets on another Federal Reserve aggressive interest rate cut after encouraging US macroeconomic data.
GBP/USD breaches 1.3100 after encouraging US Payrolls
The continuation of the uptrend in the US Dollar motivates GBP/USD to accelerates its losses and breaches 1.3100 the figure in the wake of the release of US NFP.
Japanese Yen edges higher, upside appears limited due to rising doubts over BoJ rate hikes
The Japanese Yen appreciates as the US Dollar remains tepid ahead of the US labor data release on Friday. Japan’s Economy Minister Akazawa stated that the timing of any monetary policy changes is crucial. Traders await Friday’s US employment data, including Nonfarm Payrolls (NFP) and Average Hourly Earnings, for further direction.
Editors’ Picks
AUD/USD holds above 0.6800 despite stronger US Dollar, eyes on RBA Minutes
The AUD/USD pair recovers some lost ground to near 0.6805, snapping the two-day losing streak during the early Asian session on Monday. The stronger-than-expected US September employment data provide some support to Greenbank and drag the major pair lower.
EUR/USD: US Dollar soars with upbeat employment data, inflation comes next
The EUR/USD pair kick-started October with a weak note, plummeting to 1.0958 on Friday following an upbeat surprise from United States employment figures. As a result, the US Dollar advanced amid decreasing bets on another Federal Reserve aggressive interest rate cut after encouraging US macroeconomic data.
Gold loses momentum to near $2,650 on renewed US dollar demand
Gold price trades in negative territory for the fourth consecutive day near $2,650 on Monday during the early Asian session. The further upside in the US Dollar after the upbeat US Nonfarm Payrolls on Friday exerts some selling pressure on the yellow metal.
Week ahead: What are the financial markets watching this week
Aside from geopolitical risk, this week’s macro drivers include the US CPI inflation report, the Federal Open Market Committee meeting minutes, and the Reserve Bank of New Zealand’s rate announcement.
RBA widely expected to keep key interest rate unchanged amid persisting price pressures
The Reserve Bank of Australia is likely to continue bucking the trend adopted by major central banks of the dovish policy pivot, opting to maintain the policy for the seventh consecutive meeting on Tuesday.
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