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According to Reuters, a senior Iranian official said that indirect negotiations with the United States, which began in Doha on Tuesday evening (local time), are still ongoing. The indirect talks with the US focus on releasing funds from Tehran and the Strait of Hormuz.The number of Challenger job cuts in the U.S. in June will be released in ten minutes.Telsey Advisory lowered its price target for Nike (NKE.N) from $55 to $47.July 1st - 9 Air announced today that it will reduce domestic fuel surcharges starting July 5th, 2026 (ticket issuance date). The surcharge will be 100 yuan per passenger for routes over 800 kilometers and 50 yuan per passenger for routes of 800 kilometers or less. This represents a reduction of 50 yuan and 30 yuan respectively compared to the previous rates. Domestic fuel surcharges saw significant increases in April and May of this year, followed by a reduction of 20 yuan and 10 yuan starting June 5th. With declining fuel prices, the July reduction will be even more substantial.July 1st - Eurozone inflation slowed more than expected as Middle East peace efforts pushed global energy prices lower. Data released by Eurostat on Wednesday showed that consumer prices rose 2.8% year-on-year in June, down from 3.2% in the previous month. This increase was also below the median forecast of 3% in a Bloomberg survey. Core inflation, excluding volatile items such as food and energy, also fell more than expected, while the closely watched services inflation indicator fell to 3.2%. The European Central Bank is assessing whether last months interest rate hike was sufficient to curb inflationary pressures stemming from the conflict between the US and Iran. June data already showed that consumer price increases in the Eurozones three largest economies were all lower than expected; in particular, Frances inflation rate even fell sharply to the ECBs 2% target level.

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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