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 treasury auctions off $58 billion of 3-year notes at a high yield of 3.878%
High yield 3.878%WI level at the time of the auction 3.871%Tail: 0.7 bps vs six-month average of 0.0 bpsBid to cover: 2.44X versus six-month average of 3.57XDirects (domestic demand): 23.97% versus six-month average of 18.1%Indirects (international demand): 56.87%...
Atlanta Fed Pres. Bostic: Labor market has slowed down, but is not slowing or weak
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 treasury to auction off $58 billion of three notes at the top of the hour
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 officials fear that Israel will implement its response to Iran when Gallant in the US
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,...
Kinder Morgan buckling up pipeline in Florida.
Kinder Morgan says that it Shutdown pipelines that are part of Central Florida pipeline systemHas shutdown all terminals in Tampa FloridaCitgo is also shutting down its Tampa terminals as well. The oil platforms in the Gulf of Mexico are not impacted by the...
NZDUSD traders prepare for RBNZ rate decision and place the pair between 100/200 day MAs
The NZDUSD has been trending lower over the last 7 days of trading. That has helped to push the price down from a high of 0.6378 to a low of 0.6106 today. That is 272 pips in 7 trading days, which is a pretty good move.Today there is some up and down stall. Why?The...
European equity close: The China glow fades
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,...
Atlanta Fed Q3 GDPNow +3.2% vs +2.5% 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,...
AUDUSD falls below swing area low/61.8% retracement at 0.6744. That is key ST resistance.
The AUDUSD fell below the 200 bar MA on the 4-hour chart and the 50% retracement of the move up from the September low at 0.67813. That ignited more selling that has continued today with the price moving and staying below the 61.8% of the move up from the September...
Milton a Cat-4 storm and expected to remain as a major hurricane as it expands in size
Hurricane Milton rainfall warningsHurricane Milton is expected to be a devastating hurricane along the west coast of Florida and land late on Wednesday evening. The latest advisory from the NHC says Milton is forecast to retain major hurricane status and expand in...
Israel expected to target Iran’s military and intelligence sites – report
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,...
USDCAD makes a break above high from September, 100 day MA and broken 38.2% retracement
The USDCAD is continuing the move to the upside after bottoming last Wednesday near 1.3472. Since then the price has risen for five consecutive days taking the price to a high of 1.3660 in trading today.In the process today, the price has been able to extend above the...
Jamie Dimon: AI is real, is going to change an awful lot of things
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,...
Major US stock indices trading mixed
As a dust settles from the open, the major indices are mixed after 20 minutes of trading. The Dow industrial average and Russell 2000 up small-cap stocks is lower. The S&P and NASDAQ indices are higher.A snapshot of the market shows:Dow industrial average -37.85...
China’s stock market rally: A repeat of the 2015 crash or a sustainable turn?
Shanghai Composite weeklyChina's stock market has experienced a meteoric rise, with the Shanghai Composite surging by as much as 36% from the September low at one point today. However the profit-taking started immediately, with the opening print today as the high.The...
USDCHF moves into “Red Box” but bounces off 100 hour MA. Buyers in control.
The USDCHF moved lower off of a spike high after the US jobs report on Friday. The price backed off into the close and move lower in trading yesterday. That move took the price to the high of the "Red Box" (see chart below) that confined the pair going back to August...
Tech sector rallies: Tesla and Nvidia lead the charge, ExxonMobil under pressure
Stock heatmap by FinViz.com Tue, 08 Oct 2024 13:46:08 GMTSector OverviewToday's stock market heatmap reveals a dynamic landscape with notable movements across various sectors. The technology sector showed impressive resilience, led by standout gains in the...
What are the technicals in play for the 3 major currency pairs today. Watch and learn.
As the North American session begins, what are the technical levels in play for the three major currency pairs?A written summary:EURUSD: The EURUSD on Friday fell to test a high of a swing area between 1.09419 and 1.09490. In between that level is a 61.8% retracement...
Canadian August trade balance billion -1.10 billion vs -0.50 billion expected
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,...