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,...
Trade ideas thread – Thursday, 7 November, 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,...
Forexlive Americas FX news wrap: Huge moves as the market digests a Republican sweep
Markets:Gold down $84 to $2660US 10-year yields up 15.5 bps to 4.44%WTI crude oil flat at $71.96S&P 500 up 2.5%Russell 2000 up 5.8%Nasdaq up 2.9%USD leads, JPY lagsBig congrats to those who put on Trump trades, particularly ones that bet on a red sweep as it...
German Chancellor Scholz angles for an election before the end of March
Add some political intrigue into the mix as German Chancellor Scholz says he will call for a confidence vote on Jan 15 that would allow for election before the end of March.He also highlighted that "of all the rich democracies, we have by far the lowest debt". That's...
The strong finish for bitcoin is a powerful signal
In crypto, you always have that lingering feeling that a rug pull is right around the corner and that big gains are about to evaporate. There were fears about a 'sell the fact' move in bitcoin after the election and I'm sure those haven't gone away but the strong...
German chancellor Scholz: Our companies need help immediately
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 stretch to fresh highs as yield edge lower following T-bond auction
SPX dailyI would say that so far, markets are on their way to pricing in a return of Trump 1.0. What we don't know is if we'll get something closer to the Trump 2.0 who talked about 60% China tariffs and mass deportations.Time will tell and we will be trading the...
Regime change in politics, yes. But what about a regime change in the forex market?
George Saravalos at Deutsche Bank makes two spectacular points in the aftermath of the election.1) Beware regime shiftsHe's not talking about the political regime shift here, he's talking about a regime shift in markets in terms of how cross-asset classes...
BOC’s Rogers highlights risks around higher rates after US election
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,...
Gold is getting beaten up on Trump’s win but eye the pick for Treasury Secretary
John PaulsonGold is down $78 today to $2666 on the combination of higher Treasure yields and a stronger US dollar following the election. There is also some element of 'sell the fact' and relief that we don't have a contested, uncertain result.It's a 2.8% daily drop...
The US treasury auctions off $25B of 30 year bonds at a high yield of 4.608%
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 $25B of 30 year bonds testing the buyers appetite
The US treasury will auction off $25B of the "grand-daddy of them all" coupon issue - the 30 year bond. That comes the day after the US political enviroment and economic environment changed with the election of Pres. Trump and the winning of the Senate and most likely...
EURUSD moves down toward triple bottom in June and bounces. Sellers still in control.
The EURUSD moved higher before the results of the election started to trickle in. The price moved up to test the 100-day MA and the 38.2% of the move down from the September high. The price moved lower as results came in, first breaking below the 200-day MA at 1.08687...
Nomura now sees just one Fed rate cut in 2025 after Trump win
Nomura anticipates that the Fed will respond cautiously to a Trump administration focused on tariffs and tax policies, which could be inflationary and growth-dampening. The Fed is expected to make two more cuts this year, with only one cut in 2025, followed by a pause...
Is AMD stock a buy or sell?
Is AMD stock a buy or sell? key technical analysis and forecast supporting to sell it 🔍When it comes to deciding whether AMD stock is a buy or sell, recent price action and technical indicators offer valuable insights. Currently, AMD (Advanced Micro Devices) is...
McConnell wants to see Trump tax cuts extended
Mitch McConnell was asked about Trump tax cuts and said “I’m sure virtually all of us would like to see most of that extended”.McConnell also called for increasing defense spending. It all adds up to some big deficits.It's not clear who will be the new Senate majority...
NZDUSD bounces off swing level support at 0.5912. The 100/200 hour MA at 0.5975 eyed above
The NZDUSD moved higher into the Election Day, but found willing sellers near the 100 bar MA on the 4-hour chart. As the election results started to come in, the buyers turned to sellers. ON the way lower, the price fell below the 100/200 hour MAs near 0.5975 and fell...
At the close: European equities start off the Trump era 2.0 in the red
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,...
Goldman maintains 12 month S&P target at 6300.
Goldman Sachs is saying that they keep its 12 month target for the S&P at 6300. The high price today reached 5907. A move to the target would imply a gain of 5.08% from the high price today.Goldman says that downside risks are the prospect of a trade conflict. On...
AUDUSD falls to lowest level since early August but bounces higher
The AUDUSD fell ahead of the election results and in the process moved to the lowest level since August 8 at 0.6506 and bounced. The subsequent move higher taken the price toward the midpoint of the day's trading range. The price has also moved back toward the...