FOREX MARKET UPDATE

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Dollar wobbles ahead of Fed decision

The dollar wavered on Wednesday, while the yen regained some lost ground as investors made last-minute tweaks to positions ahead of a policy meeting expected to begin a U.S. easing cycle.

The Federal Reserve is expected to make its first interest rate cut in more than four years at 1800 GMT, with markets pricing a 2/3 probability of a 50 basis point cut.

Read more about it here.

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All targets achieved
TP1 25 pips ✅
TP2 50 pips ✅
TP3 75 pips ✅
TP4 100 pips ✅

All targets achieved
TP1 25 pips ✅
TP2 50 pips ✅
TP3 75 pips ✅
TP4 100 pips ✅

TP1 achieved 25 pips ✅

TP1 achieved 25 pips ✅
TP2 achieved 50 pips ✅

Final two positions closed at TP1: +25 pips ✅

TP1 achieved 25 pips ✅

TP1 achieved 25 pips ✅

💪 700 pips profit in the last 2 weeks from our Gold/Oil VIP Groups!

✅Gold: 675 pips
✅Oil: 25 pips

We also had losses for the pairs.

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FOREX MARKET UPDATE

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Australian Dollar Gains on Upbeat Jobs Data

The Australian dollar rose to around $0.678 as upbeat jobs data suggested the economy remains strong, giving the Reserve Bank of Australia room to hold policy.

Data showed that Australian employment increased by 47,55 in August, way above forecasts of 25,000.

Meanwhile, the unemployment rate stayed at a two-and-a-half year high of 4.2%.

Read more about it here.

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TP +1.8R

Closed +0.7R

Closed 50% at +1.2R
Stops at BE

💪 6.7R profit in the last 2 weeks from our Forex VIP!

We also had losses for different pairs.

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FOREX MARKET UPDATE

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Yen slides as BOJ governor steers clear of rate hike talk

The yen weakened on Friday after the Bank of Japan signalled it was in no rush to raise interest rates again after keeping them steady at 0.25% as widely expected.

Read more about it here.

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All targets achieved
TP1 25 pips ✅
TP2 50 pips ✅
TP3 75 pips ✅
TP4 100 pips ✅

FOREX & COMMODITIES VIP PROFIT SNEAK PEEK!

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This one is from our GOLD signal!

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FOREX MARKET UPDATE

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US Dollar Mixed Early Monday Ahead of Growth and Inflation Data, and Fed Speakers

The US dollar was mixed against its major trading partners early Monday — up versus the euro and pound, down versus the yen and Canadian dollar — as markets prepare this week for the final look at Q2 gross domestic product growth, personal consumption expenditures price data for August and a multitude of appearances by Federal Reserve officials.

Read more about it here.

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FOREX MARKET UPDATE

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Aussie hits 2024 high as RBA stays hawkish

The Australian dollar rose to its highest level this year on Tuesday as the central bank reiterated its determination to tame stubborn inflation.

The Reserve Bank of Australia kept interest rates steady as widely expected, but traders hoping for hints on when a cut might be coming were disappointed as the central bank stressed it "remains resolute in its determination to return inflation to target," and signalled further hikes remain an option.

Read more about it here.

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TP +2.3R
Remaining closed

FOREX & COMMODITIES VIP PROFIT SNEAK PEEK!

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This one is from our EURUSD signal!

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