Australian Dollar Strengthens as RBA Rate Cut Bets Ease and Trade Optimism Grows
On Tuesday, the Aussie dollar rose versus the greenback. This happened because people now think Australia’s central bank won’t lower interest rates anytime soon. Trading settled near 0.6560—a two-day winning streak for the pair. Expectations for lower interest rates have plummeted following comments from Australia’s central bank governor that the job market is strong, despite […]
Silver Extends Losses Below $47 as Optimism Over US-China Trade Deal Increases
Silver prices kept falling Tuesday, hovering around $46.80 an ounce as Asian markets opened. It’s been a three-day slide now—investors seem more hopeful about a U.S.-China trade deal, so they aren’t rushing to safer investments like silver. Following news of progress between US and Chinese officials during talks in Malaysia—a possible agreement to reduce trade […]
Wall Street Climbed Because of Positivity About Tech Stocks and US-China Trade Talks
The US stock market, which climbed on Monday, is providing positive news. It occurred as a result of hopeful news that US-China trade negotiations are likely to go well and confidence about the impending financial results releases from tech companies like Microsoft and Meta. The Nasdaq increased 1.86%, the S&P 500 1.23%, and the Dow […]
Detailed Comparison of MT4 vs. MT5, Two Well-Known Trading Platforms
MT4 and MT5 are the first two names that come to mind when you think about the popular trading platforms. However, since these two platforms are equally popular, and traders who are into forex, crypto, indices, etc., are likely to get confused about which one is better, in the live world situation, which particular one […]