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On September 8th, sources familiar with the matter revealed that Anthropic has decided to abandon its acquisition of artificial intelligence startup Decart AI. Anthropic reportedly explored the deal and conducted due diligence on Decart, but ultimately withdrew. One source indicated that the two companies may still explore other collaboration opportunities. Media reports in August indicated that Anthropic had been in talks to acquire Decart for approximately $6 billion, but the deal was not finalized and could potentially fall through. Decarts software can reduce AI training and operating costs by improving chip efficiency. Anthropic rarely makes large-scale acquisitions, but has been investing computing power in developing new products and serving customers in preparation for its highly anticipated IPO. Sources indicated that the company has been seeking to raise funds comparable to or greater than SpaceXs in its IPO.A Ukrainian drone strike damaged civilian infrastructure in Russias Saratov region and injured several people.Hong Kong stocks opened lower with the Hang Seng Tech Index down more than 1%, the Hang Seng Index down 0.68%, Lenovo Group (00992.HK) down more than 4.5%, Xiaomi Group (01810.HK) down nearly 3%, and Li Auto (02015.HK) and Leapmotor (09863.HK) both down more than 2%.Japanese Finance Minister Satsuki Katayama: We will continue to work hard to maintain the orderly operation of the foreign exchange market.Japanese Finance Minister Satsuki Katayama: It is important that mortgage lenders understand the risks of higher interest rates through communication with banks.

Trading Strategies

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • NFP and Forex: What is NFP and How Does It Work?

    Non-farm payrolls (NFP) are a critical economic indicator for the US economy. It is the amount of new employment created, excluding agricultural workers, government employees, private home employees, and nonprofit organization employees.

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  • 5 Ways to Control Risk When Trading Forex

    Proper risk management is a must if you want to be a successful trader. Continue reading to learn about the risk control techniques that every forex trader should be familiar with.

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  • How To Evaluate Leading Economic Indicators?

    Leading economic indicators forecast the next business cycle phase. Leading indicators help you stay ahead of the curve. This article demonstrates how economic indicators may be used to assess the status of the economy.

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  • How to Trade Forex During the Asian Trading Hours?

    The Asian session is notorious for being the slowest and most difficult session for forex traders. This article will teach you how to trade forex during Asian trading hours.

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  • How to Trade Using the Carry Trade Strategy?

    Carry trading is one of the most basic currency trading methods available. This post will provide you an overview of forex carry trading - what it is, how it works, and how to apply your own carry trade strategy.

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  • How to Enhance Your Moving Average Crossover Strategy

    Moving averages are indicators used in technical analysis. In this essay, I'll show you how to improve on the basic moving average crossover strategy.

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  • How to Use a MACD Crossover to Enter Trades

    The Moving Average Convergence/Divergence (MACD) indicator is a technical indicator that measures the market's momentum and direction by comparing the difference between two exponential moving averages. When the MACD line and the signal line intersect, the MACD crossover occurs, frequently signalling a change in the market's momentum/trend. The MACD is regarded as a very accurate indicator, particularly in trending markets.

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  • The Ascending Triangle: What is it & How to Trade it?

    The ascending triangle, sometimes known as the 'rising triangle,' is a popular mid-trend continuation pattern. Traders predict that the market will continue in the direction of the wider trend and therefore build trading setups.

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