World Economy, Markets, Trading Signals
Day Trading on good US Labor Market News Last Friday, the official data on the unemployment rate in the United States for July was announced, giving a rather good picture of an important parameter of the world’s largest economy. Labor Market. US unemployment at lowest point since February 2020 With a small additional drop from…
Most traders have heard of seasonal patterns, something which is mostly associated with commodities. The foreign exchange market also has seasonal patterns which influence trading, and just like in commodities, traders can take advantage of them to improve their odds for success and profits. Monthly Patterns Nearly all currency pairs have one or more months…