Sam Seiden
Independent Analyst
Summary
It's no secret, Banks tend to be very profitable. At the same time, retail Forex traders tend to lose money yet both groups are buying and selling in the same market. Sam Seiden began his career on the Bank side of the business in the Forex markets at the Chicago Mercantile exchange where he facilitated large FX order flow for banks, institutions, hedge funds, and more in the Forex markets. Join Sam as he shows you the simple reasons why Banks are consistently profitable and you're not.Latest Live Videos
Editors’ Picks
USD/JPY jumps above 154 after a hawkish Fed and ahead of BoJ
The USD/JPY pair is trading well above the 154.00 mark after the US Federal Reserve delivered a hawkish 25 bps rate cut. The Bank of Japan is expected to remain on hold, although a rate hike can't be ruled out.
AUD/USD refreshes multi-year low amid post-FOMC USD strength
AUD/USD dropped to the 0.6200 mark or over a two-year low this Thursday and seems vulnerable to extending its descending trend. The RBA's dovish shift, 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.
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