CMS Prime Forex
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 19th June 2024.
Nvidia has officially become the world’s most valuable company, overtaking both Microsoft and Apple, after its share price surged to an all-time high of $136, marking a 3.5% increase.
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 20th June 2024.
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 21st June 2024.
Position trading is a long-term investment strategy where traders buy and hold assets for an extended period, often months or even years. The goal is to profit from significant price movements or trends. Unlike day trading or swing trading, position traders rely on fundamental analysis and long-term market trends.
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 24th June 2024.
On Friday: US Core PCE Price Index: Yearly change in consumer prices excluding food/energy.
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 25th June 2024.
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 26th June 2024.
Top strategies for trading market volatility include options strategies like straddle and strangle, trend following with moving averages and MACD, and mean reversion using Bollinger Bands and RSI.
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 27th June 2024.
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 28th June 2024.
USD/JPY trades around 161.00, the highest level since 1986, during the Asian session on Friday.
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 1st July 2024.
This week will be critical for currency markets with key economic events. Starting July 1, focus on manufacturing PMIs from major economies, Japan's Consumer Confidence, and the UK's expected PMI improvement. On July 2, the Eurozone's CPI and unemployment rate data, along with Fed Chair Powell's speech and JOLTs Job Openings report in the US, will be crucial. Positive data could boost the USD.

July 3 and 5 feature key US labor market reports, including ADP Employment Change and Non-Farm Payrolls, plus the FOMC Minutes. Eurozone Retail Sales for May and the UK's general election on July 4 will also impact currencies. Expect volatility as traders respond to these significant events, with potential shifts in central bank policies being closely watched.
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 2nd July 2024.
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Stay ahead of the curve with our daily market news update! Get the latest insights and analysis to make wise decisions for the 3rd July 2024.