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AXITraderCategory Archives: Forex Blog
6 MINS READ
If you're here, it's likely because you want to know the answer to “How long it takes to be profitable from Forex trading?”Just as there's no single path to success, there's no one-size-fits-all answer to the inquiry of ho...
6 MINS READ
US nonfarm payrolls rose by 187,000 in August, up from a downwardly revised 157,000 the previous month, the US Bureau of Labor Statistics reported on Friday. Job gains were seen in healthcare, leisure & hospitality, construction, and the social a...
6 MINS READ
Personal consumption expenditure (PCE), the Fed's preferred inflation gauge, rose 0.2% in July and 3.3% year-on-year, data published by the Bureau of Economic Analysis (BEA) showed. Excluding food and energy prices, the core PCE price index edged...
6 MINS READ
The Flash Consumer Confidence Index in the euro area fell by 0.9 percentage points to minus 16 in August 2023 from minus 15.1 the previous month as surging inflation worsened economic activity and slowed economic development, data released by the Dir...
8 MINS READ
You're probably reading this because you want to learn how to create and manage a Forex trading strategy. The process of crafting a Forex strategy shouldn’t be complicated but is a systematic one, grounded in logic and careful analysis.Belo...
6 MINS READ
Second-quarter GDP growth (second estimate) in Europe's largest economy was flat in the April-June quarter, unchanged from the first estimate published by Germany's Federal Statistical Office (Destatis) in July and line with analysts' exp...
7 MINS READ
Whether you're delving into stocks, Forex currencies, commodities, cryptocurrencies, or other asset classes, two fundamental pillars stand tall as prerequisites for achieving consistent profitability: a robust set of trading strategies and well-c...
8 MINS READ
Is swing trading better than day trading?Which one is best for you?Is swing trading truly the champion of trading techniques, outpacing the allure of day trading's swift gains?Or is the patient path of swing trading a safer haven amidst market vo...
5 MINS READ
Advance sales estimates of US retail and food services climbed 0.7% month-on-month in July to $696.4 billion from an upwardly revised 0.3% or $691.3 billion in June, data released by the US Census Bureau showed. The economic activity in the US, led b...
5 MINS READ
US consumer prices rose by a seasonally-adjusted 0.2% in July, unchanged from the previous month and in line with market expectations, data from the US Bureau of Labor Statistics showed. The modest increase in the inflation numbers was primarily led ...
