David Pegler
Synergy Alliance Capital
Summary
This will be a two part discussion. David will discuss whether or not it is indeed possible to make money from trading and he will also outline where the market is headed for November and December.Latest Live Videos
Editors’ Picks
USD/JPY sits at monthly highs below 155.00 ahead of BoJ policy decision
USD/JPY is consolidating below the monthly high of 154.90, awaiting the Bank of Japan policy decision for the next trading impetus. The pair surged after the US Federal Reserve delivered a hawkish 25 bps rate cut. The BoJ is set to remain on hold but its outlook on further rate hikes will hold the key.
AUD/USD hangs near two-year lows at 0.6200 amid firmer US Dollar
AUD/USD trades close to the 0.6200 mark or over a two-year low early Thursday. The pair seems vulnerable to extending its descending trend. The hawkish Fed cut-led US Dollar strength, concerns about China's fragile economic recovery and Trump's tariff plans continue to undermine the Aussie.
Gold sees a dead cat bounce following Fed’s hawkish cut
With the full final week of 2024 almost drawing to a close, Gold price remains vulnerable near one-month lows below $2,600, licking the hawkish US Federal Reserve policy decision-inflicted wounds.
Bank of Japan set to hold interest rates steady as rising inflation hints at early-year hike
After concluding its two-day monetary policy review on Thursday, the Bank of Japan is expected to hold the short-term interest rate at 0.25%. The BoJ policy announcements will likely provide fresh cues on the central bank’s rate hike outlook, injecting intense volatility in the Japanese Yen.
Sticky UK services inflation to come lower in 2025
Services inflation is stuck at 5% and will stay around there for the next few months. But further progress, helped by more benign annual rises in index-linked prices in April, should see ‘core services’ inflation fall materially in the spring.
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.