Blogs

<p><a href="https://admiralmarkets.com/analytics/traders-blog/delta-air-lines-trading-idea"><picture class="lozad" data-iesrc="https://fxmedia.s3.amazonaws.com/articles/Trade_idea_of_the_week-8-1.png" data- data- data-alt='Lightbulb on a blue background with white text reading "How to Trade Del

<p>Trends and runs are inherently the same. The only difference is in the time horizon in which it is taking shape. Trends might be considered more of a mid-term trend horizon, while runs have a more short-term indication. As some traders would say, the only difference is in the timeframe in which they are visible. […]

The re-emergence of the appetite for the risk complex weighed on the Dollar and lifted EUR/USD past 1.0900.

The EUR/USD drove back into the high side near 1.0930 on Wednesday after markets shrugged off a miss for pan-European Purchasing Managers Index (PMI) figures before a follow-up beat in US PMIs sent risk appetite skidding back into the safe havens.

The Canadian Dollar (CAD) fell on Wednesday, pushed lower across the FX market as the Loonie struggles under the weight of a dovish Bank of Canada (BoC) that is still extremely cautious on rate cuts with Canadian inflation not expected to return to the BoC’s 2% target until 2025.

European equity indexes broadly climbed on Wednesday after a surprise upside in the Manufacturing component of the pan-European and German Purchasing Managers’ Indexes (PMI), with stocks getting a further boost from a global rally in tech-based stocks.

The US Dollar (USD), as expressed by the DXY Index, faced downward pressure falling towards 103.05.

On Wednesday's session, the AUD/JPY finds itself trading near the 97.12 mark, registering a 0.45% decline.

GBP/USD Price Analysis: Improves to near 1.2700 followed by the monthly high GBP/USD recovers its recent gains, trading higher near 1.2690 during the Asian session on Wednesday.