98. Season Finale: Market Pulse - 2024 Midyear Update

Let’s Talk Forex with Alison and Chris

In this episode, Alison and Chris dive into the dynamic market movements of the first half of 2024. This year has been marked by unexpected developments across various markets. Join us as we explore:

• The Forex Market: A detailed analysis of the EUR/USD performance and key factors influencing its trajectory.
• Gold: Insights into what propelled gold to its all-time highs and predictions on its future direction.
• Bitcoin: Discussion on the significant Bitcoin halving event, the emergence of Bitcoin ETFs, and the new all-time high achieved in March.
• South African Rand: Examination of the forces affecting the South African Rand since 2023 and potential impacts post-elections.
• Prop Trading Scandals: An overview of the recent controversies in proprietary trading and the regulatory crackdowns that followed.

Tune in for a comprehensive review of these major market events and trends.

Supporting links for this episode:

Chris on the future of prop trading: https://open.spotify.com/episode/6gWxbNHUumhljDEr5xXDaY?si=f77efdbb328141c7

Why gold prices are so high: https://fxscouts.com/news/will-gold-prices-continue-climbing/

Why Forex trading volumes were low in early 2024: https://fxscouts.com/news/why-are-forex-trading-volumes-falling-in-2024-and-why-is-it-all-the-feds-fault/

Bitcoin's rise from the ashes: https://fxscouts.com/news/bitcoin-tops-50k-as-etf-interest-surges-traders-eye-aprils-halving-event/

FxScouts DISCLAIMER:

75-90% of retail traders lose money trading Forex and CFDs. You should consider whether you understand how CFDs and leveraged trading work and if you can afford the high risk of losing your money. Any information discussed here is solely for educational and informational purposes and should not be considered tax, legal or investment advice.