High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US existing home sales for October 3.96M versus 3.93M
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BOE Mann: BOE should hold rates longer to evaluate persistence
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
NZDUSD index moves lower and sellers are in control, but there is some key support holding
The NZDUSD fell sharply last week and in the process fell below a key support area between 0.5848 and 0.5859. That break failed and the price except back higher. In trading on Monday, the price fell back below that swing area for the second time, and for the second...
Tech rebounds as Nvidia surges, Google stumbles
Stock heatmap by FinViz.com Thu, 21 Nov 2024 14:46:08 GMT🌟 Technology Sector: Nvidia's Rise Steals the SpotlightThe semiconductor sector is experiencing a robust recovery, led by a significant surge in Nvidia (NVDA), which is up 3.36%. This upward trend highlights...
US stocks open higher to start the new trading day, but quicky sell off
The major US stock indices opened higher, but are now trading lower as the sellers entered from the bell. The NASDAQ index opened higher by about 90 points but has since found sellers and trades down on the day. HMMMMShares of Nvidia and Snowflake are trading higher...
ECBs Holzmann says warnings of undershooting 2% him himare not warranted
ECBs Holzmann is speaking and says: Warnings of undershooting 2% are not warrantedPolicy need to say restrictive amid price risks.In December, a cut is most likely outcome but is not certain.There have been recent comments suggesting fears that inflation might be...
US stock futures implying a higher opening after data
US initial jobless claims came in stronger than expectations, but continuing claims were higher. The Philadelphia Fed business index fell more than expected of -5.5 versus 8.0 estimate.Yields in the US have moved modestly lower with the two year now down -0.8 basis...
Canada producer price is for October 1 .2% versus -0.8% last month
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Philadelphia Fed Business Index for November -5.5 vs 8.0 estimate
Prior 10.3Fed Business index -5.5 vs 8.0 estimate6 month index 56.6 versus 36.7 last month. Big gain for the future indexCapital expenditures 24.9 versus 23.5 last monthemployment 8.6 versus -2.2 last month.Prices paid 26.6 versus 29.7 last month.New orders 8.9 versus...
US initial jobless claims 213K vs 220K estimate
Prior week 217K (revised to 219K)Initial jobless claims 213K vs 220K estimate4-week moving average initial jobless claims 217K vs 221K priorContinuing Claims 1.908M vs 1.873M estimatePrior week of continuing claims 1.873M (revised to 1.872M)4-week moving average of...
What technical levels are in play for some of the major currencies vs the USD for Nov 21
As the North American session begins, the dollar is mixed. The USDJPY is lower (lower USD) by about 0.60% and is the biggest mover on the day. The EURUSD is also lower (higher USD) after a try higher stalled ahead of 100-hour MA resistance target. The GBPUSD is also...
ForexLive European FX news wrap: Dollar tentative amid mixed markets
Headlines:Markets:JPY leads, EUR lags on the dayEuropean equities mixed; S&P 500 futures up 0.2%US 10-year yields down 1.4 bps to 4.392%Gold up 0.6% to $2,665.93WTI crude up 2.2% to $70.30Bitcoin up 3.4% to $97,712It was a bit of a mixed session with broader...
US futures pare losses ahead of the open later
S&P 500 futuresS&P 500 futures are now up 0.2% while Nasdaq futures have pared earlier losses to be up 0.1%. Meanwhile, Dow futures are seen up 0.3% on the day currently. In Asia and large periods of European morning trade, investors remained cautious after...
Zelensky says Russia used new missile in attack on Ukraine today
The missile was reportedly fired from Astrakhan and targeted critical infrastructure in the central Ukrainian city of Dnipro. The city was also hit by other strikes involving several cruise missiles and a medium range ballistic missile.Going back to the ICBM, it would...
GBPUSD Technical Analysis – Waiting for a breakout
Fundamental OverviewThe US Dollar continues to consolidate despite the higher-than-expected inflation figures and a less dovish Powell last week. The market’s pricing remained largely unchanged at three rate cuts by the end of 2025.This is generally a signal that the...
ECB’s Patsalides: If Dec projections confirm baseline scenario, there is room to cut rates
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
DegenLayer Introduces the First Memecoin Focused Blockchain
DegenLayer, a newly launched memecoin focused blockchain & trading terminal app suite, has announced its testnet release, marking a key step toward its upcoming mainnet launch. The platform aims to facilitate zero setup memecoin trading and creation, leveraging...
Arcana Network Launches the First Ever Chain Abstraction Wallet
Arcana Network is thrilled to announce the launch of the Arcana Wallet Beta, now available on the Chrome Store, setting a new standard in blockchain accessibility and user experience through its pioneering Chain Abstraction Protocol. Built as the first Externally...
UK November CBI trends total orders -19 vs -27 prior
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...