On 25 April 2025, EBC's Million Dollar Trading Challenge II saw the Dream Squad's top 3 traders powering ahead together to firmly secure their spots at the top. @willsdad made several attempts to short gold after it rebounded from a bottom, but despite adjusting entry points higher each time, gold s

Oil prices edged higher on Friday but were on track for a weekly loss as a potential OPEC+ output increase and a possible ceasefire in the Russia-Ukraine war may raise supply. The US and Russia are moving in the right direction to end the war in Ukraine, but some specific elements of a deal remain t

On 23 April 2025, EBC's Million Dollar Trading Challenge II continued with dramatic shifts as previously calm markets erupted into volatility, bringing two dark horses to the fore in the Dream Squad. As of 12:00 PM, @songqiantongzi's lead is no longer out of reach, as all the top 3 traders have now

The yen which traded above143 per dollar on Thursday is shaping up to be a major topic of discussion between Japan and the US though sources say Tokyo will push back against any request to boost its currency. The BOJ is likely to push back the timing of further interest rate hikes as uncertainty tri

​On 24 April, EBC's Million Dollar Trading Challenge II saw the once-stable duopoly at the top of the leaderboard come to an abrupt end, highlighting the ever-changing nature of the markets. As of 11:00 AM, @forexwatchbrother has amassed $140,000 in profits in just 2 to 3 days, a feat that is nothin

China's A50 index has recouped all the losses following Trump's announcement of reciprocal tariffs. That came in contrast to its vulnerability during 2018 when local investors were rattled by a surge in US tariffs. Many retail investors are helping defend the stock market - another battlefield in th

US stocks rebounded on Tuesday as hints at the de-escalation of trade tensions brought buyers in from the sidelines. A broad rally boosted all three major stock indexes by more than 2.5%. The market jumped further in extended trade after Trump said he has no plans to fire Fed Chair Jerome Powell, st

The dollar was close to the decade-low against the Swiss franc on Tuesday as Trump's unrelenting attacks on the Fed chairman further eroded investor confidence in the US economy. Trump ramped up his criticism of Powell on Monday in a Truth Social post, calling him a "major loser" and demanding that

EBC’s Million Dollar Trading Challenge II has entered its 22nd day of April, and with the Good Friday holiday now over, the competition is back in full swing. As of 11:00 AM, there have been only minor changes to the leaderboard. In the Dream Squad, @songqiantongzi’s profits have climbed to around $

Gold hit its fresh record high in early Asian trade on Monday, buoyed by likely safe-haven demand after Trump's plan to replace Powell could throw into question the independence of the Fed. Trump said Powell's termination "cannot come fast enough" as he called for the Fed to cut interest rates. Trum

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Thursday is the last settlement day of the week ahead of the Easter holidays and trade volumes were thin. For the week, both Brent and WTI gained about 5%, their first weekly gain in three weeks. They settled more than 3% higher on Thursday, supported by hopes for a trade deal between the US and the