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USD/JPY trades cautiously positive around 144.00 ahead of key US data

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Long position VS. short position: Which one is better?

In the world of trading, understanding the concepts of long and short positions is crucial for making informed decisions. A long position involves buying an asset with the expectation that its value will rise, while a short position entails selling an asset you don't own, betting that its price will fall.

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Leverage is a fundamental concept in financial trading,allowing traders to control larger positions with a smaller amount of capital. While it can amplify potential profits, leverage also significantly increases the risk of losses, making it a powerful but double-edged sword.

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Economic Indicator

German ZEW Economic Sentiment Index slumps to 3.6 in September vs. 17.1 expected

Source Fxstreet

Germany’s ZEW Economic Sentiment Index falls further to 3.6 in September.
EUR/USD holds gains below 1.1150 after German and Eurozone ZEW surveys.

The headline German ZEW Economic Sentiment Index dropped further to 3.6 in September from 19.2 reported in August, missing the market expectations of 17.1 by a wide margin.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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Nonfarm Payrolls set to show hiring environment in US labor market remained subdued in June The all-important United States (US) Nonfarm Payrolls (NFP) data for June will be released by the Bureau of Labor Statistics (BLS) on Thursday at 12:30 GMT.

Author FXStreet

19 hours ago

The all-important United States (US) Nonfarm Payrolls (NFP) data for June will be released by the Bureau of Labor Statistics (BLS) on Thursday at 12:30 GMT.

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