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,...
Forexlive Americas FX news wrap: Oil continues to rally as Middle East response awaited
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 indices retrace gains from Friday
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,...
Economic calendar in Asia 08 October 2024, Fed speeches, RBA minutes & speeches
From the Federal Reserve:2200 GMT /1800 US Eastern time: Federal Reserve Bank of Atlanta President Raphael Bostic moderates "Dynamic Business of Professional Sports" conversation before the Atlanta Fed's Leading Voice Series, in Atlanta, Ga2230 GMT /1830 US Eastern...
Trade ideas thread – Tuesday, 8 October, insightful charts, technical analysis, ideas
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 breaks through swing area and looks toward the high from September
The USDCAD has broken above the swing area between 1.3615 and 1.3622 (see earlier video). Earlier today, the price extended above its 200-day moving average at 1.36012, and then based against the moving average before moving higher.The buyers continue to push and are...
FTX liquidation plan receives court approval
Good news for FTX customers as they will be fully repaid as nearly $16 billion in assets have been recovered.That's also great news for vulture funds that were buying up bankruptcy claims for around 10-cents on the dollar. That has to sting with around $425m in claims...
Crude oil trades to its 200 day moving average
The price of crude oil is trading at $77.22 that's up $2.83 or 3.81%. The high price reached $77.36. The low price was at $73.65. Crude oil futures settled at $77.14 up $2.76 or 3.71%.Expectations of a retaliatory strike against Iran is leading to the surge. Today was...
Reports of explosions in central Israel
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 stocks trade to lows for the day
The major US stock indices are trading to lows for the day. The Dow industrial average is leading with a decline of -1%. The declines are led by Travelers, Amazon, Walt Disney. The low for the tail reached 41891.81. Earlier, the price fell below its 100 hour moving...
Fed’s Kashkari: The balance of risks has shifted towards higher employment
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,...
Credit Agricole: AUD surges to largest long position in G10 FX; CAD remains largest short
AUDUSD dailyCredit Agricole reports that the Australian dollar (AUD) has become the largest long position in G10 FX, while the Canadian dollar (CAD) continues to hold the largest short position, according to their latest FX positioning model.Key Points:AUD...
The close technical levels that I am watching in the short term for the S&P index
The S&P index is trading near lows for the day at their -27.7 points or -0.47% have 5723.90. The low price has reached 5722.27.Looking at the hourly chart, the price is currently testing its 50 hour moving average at 5722.42 (black moving average line in the chart...
NZDUSD moved into a cluster of technical levels ahead of the RBNZ rate decision
The NZDUSD has been moving steadily to the downside after peaking at the start of last week near 0.63778. The low price today has reached 0.6116 so far - 262 pips in a relatively short period of time. In doing so the price has started to extend into a cluster of...
Brent crude oil rises above $80 as Middle East war fears intensify
The reports are continuing of an 'imminent' Israel attack on Iran and no one is willing to fade oil until it's clear what is being hit. In all likelihood there will be a further spike if/when the strikes start followed by a 'sell the fact' trade so long as the damage...
Hurricane Milton rapidly intensifies into Category 5 hurricane
Hurricane Milton is now blowing at 135 kt, which is a Categoy-5 storm, according to the US NHC and has flight-level wind peaks at 146 kt.It has intensified faster than expected and a small eye has now developed."By tomorrow, its intensity should be dictated by any...
Is the dockers’ strike over?
Aside from the usual geopolitical headaches-especially in the Middle East, which appears to be on the brink of a major war, investors last week kept a close eye on the dockers' strike at several U.S. ports.The problem arose over a six-year contract that was due to...
The AUDUSD fall below MA and retracement support and runs to the downside
The AUDUSD has fallen below the 200 bar MA on the 4-hour chart at 0.67813 and also the 50% midpoint of the move up from the September low (also at that level). The fall below that level has led to more selling with the pair moving toward a swing area between 0.67487...
European equity close: Stocks show mixed movements as new week begins
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,...
Morgan Stanley: What we expect from the US September CPI report on Thursday
US CPI m/mMorgan Stanley forecasts that the September CPI report will show core inflation rising by 0.26%, slightly exceeding consensus expectations. While goods inflation is expected to improve due to used cars and airfares, services inflation is projected to...