The EURUSD is breaking to the downside and in the process is falling below its key 100 day moving average currently at 1.0805. The 50% midpoint of the move up from the March 15 low is also at that level increasing its importance. As always a price remains below the...
Feds Jefferson: inflation is too high. Impact of hikes not fully felt
Fed's Jefferson is now speaking and says:inflation is too high and by some measures progress is slowing, but a year is not long enough to feel the full effect of interest rate hikes so farOutlook is not for recession, but growth has slowed considerablyExpect job...
Feds Logan: Data at this time does not support skipping rate hike at the next meeting
Feds LoganDallas Fed President Logan is expected to speak later but the text of her speech is being leaked out. CNBC is reporting:Data at this time does not support skipping a rate hike at the next meeting in JuneData incoming weeks could yet show that it is...
US initial jobless claims 242K vs 254K estimate
Initial jobless claims dipPrior monthInitial jobless claims 242K versus 254K estimate4-week MA of the initial jobless claims 244.25K versus 245.25K last monthContinuing claims 1.799M vs 1.818M estimate. Last week 1.807M revise from 1.813M last week. 4-week moving...
US May Philly Fed -10.4 versus -19.8 expected
> US May Philly Fed -10.4 versus -19.8 expected US Philadelphia-area manufacturing survey data for May 2023 <!--> --> <!--> Prior -31.3Philly Fed business index -10.4 versus -19.8 expectedsix-month index -10.3 versus -1.5 last monthcapital...
Canada new housing price index for April -0.1% versus -0.1% estimate
> Canada new housing price index for April -0.1% versus -0.1% estimate Canada new housing price index for April 2023 <!--> --> <!--> Prior month 0.0%New housing price index -0.1% versus -0.1% estimate ADVERTISEMENT - CONTINUE READING BELOW -->...
선착순! 5월 24일부터 사전예약! 6월부터 전국민에게 5만원, 3만원 지원금 드려요!
https://www.youtube.com/watch?v=Jgmai7uyE9c 정부의 비상경제민생회의에서 내수활성화 대책을 발표했었는데요. 구체적인 지원 방안들이 나왔습니다. 그중에서 전 국민에게 선착순으로 5만 원 할인, 50% 할인 등 다양한 혜택을 제공한다고 합니다. #정부지원금 #바우처 #선착순 MoneyMaker FX EA Trading...
What is on the economic calendar today? Initial jobless claim a highlight.
> What is on the economic calendar today? Initial jobless claim a highlight. Philly Fed index <!--> --> <!--> The day's economic agenda commences at 8:30 am with the release of the Canadian New Housing Price Index (NHPI) data. The forecast suggests a...
The USD is the strongest and the GBP is the weakest as the North American session begins
The USD is the strongest and the GBP is the weakestThe USD is the strongest and the GBP is the weakest as the NA session begins. It is a holiday in most European countries in observance of Ascension Day (banks are closed). US yields are higher. US stocks are modestly...
ForexLive European FX news wrap: Dollar continues to strut its stuff
Headlines:Markets:USD leads, GBP lags on the dayEuropean equities higher; S&P 500 futures up 0.2%US 10-year yields up 1.9 bps to 3.600%Gold down 0.3% to $1,975.66WTI crude down 0.2% to $72.67Bitcoin up 0.1% to $27,365It was a quiet session with not many headlines,...
99%가 모르는 부업으로 월600만원을 번다고!? (수익 인증)
https://www.youtube.com/watch?v=OttourUROiQ #shorts #부업 #투잡 99%가 모르는 부업으로 월600만원을 번다고!? (수익 인증) 안녕하세요? 절약왕 정약용 인사드려요 ^^ 영상이 도움이 되셨다면, [구독]과 [좋아요] 부탁드려요 🙂 오늘도 행복한 하루 보내셔요 ^^ MoneyMaker FX EA Trading...
The stock market has helped crypto
Market pictureThe crypto market capitalisation rose 0.55% over the past 24 hours to 1.134 trillion. Late Wednesday afternoon, another attempt was made to break above 1.14 trillion, following the US stock market rally on the government debt ceiling news. However, it...
S&P 500 Technical Analysis
On the daily chart below for the S&P 500, we can see that the price action remains rangebound just beneath the 4175 level. This has been a really strong resistance and we can expect some quick rally once the price breaks out decisively with buyers jumping in...
EURUSD Technical Analysis
On the daily chart below for EURUSD, we can see that the market has finally turned around and the trend has now changed. The multiple failures to break above the 1.1033 high were significant and once the price fell below the red long period moving average, the sellers...
BOE’s Bailey: I do not envisage balance sheet returning to pre-financial crisis level
QT is not an active policy tightening instrumentQT has some effect on the economy, but fairly small (Ramsden)They are speaking in the monetary policy hearings in parliament. I don't expect any major remarks as they have pretty much laid it all out for markets already...
EUR/USD hovers near key support with large expiries in play today
EUR/USD daily chartThis was perhaps coming after the troubling end to last week for EUR/USD, as outlined on Monday here. With the dollar maintaining decent form through this week, the pair is now slipping closer towards its 100-day moving average (red line) - seen at...
BTCUSD Technical Analysis
On the daily chart below for BTCUSD, we can see that the really strong and quick rally in Bitcoin has stalled at the $30K resistance. The fundamental backdrop was the collapse of the Silicon Valley Bank and the regional banking sector crisis that made the market to...
DAX closes in on record highs again as equities maintain the optimism
Germany DAX weekly chartThe DAX is now trading up by 1.6% to 16,201 and is closing in on its record highs around 16,285-90 set last year. So far this year, European equities have been the standout performer as we already saw record highs being reached for the CAC 40...
AUD/USD looks resigned to test the March and April lows again
AUD/USD daily chartThe only thing really working in the aussie's favour right now is basically the fact that risk sentiment is still holding more positively in recent sessions. Otherwise, there's a myriad of factors working against the currency right now.The softer...
WTI Crude Oil Technical Analysis
On the daily chart below, we can see that soon after the flash crash into the $64 level, the price of crude oil rebounded strongly and has rallied back to the $73 support now turned resistance. We can see that the first breakout attempt failed, and the price moved...