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 retraces most of the gains for the week and returns to swing area target
The USDCAD on Monday but bounced into Tuesday and Wednesday's trading. The high price for the week did enter into a swing area going back to October and November 2023 between 1.38397 and 1.3855. From there, buyers turn to sellers in the process since retraced most of...
SNB’s Martin: Interest rates, FX interventions have bought inflation under control
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 president Bostic: US inflation is too high
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,...
White House: Will keep options open for more Iranian sanctions
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,...
European major indices closing higher
Major European indices are closing higher for the second . The gains are led by the Spain's Ibex which rose by 1.3%.A look at the final numbers shows:German DAX, +0.45%France CAC, +0.55%UK FTSE 100 +0.44%Spain's Ibex was 1.30%Italy's FTSE MIB +0.74%As London/European...
BOE Greene:Latest pay data shows pretty high wage growth,but moving in the right direction
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,...
ECB Rehn:Inflation is converging towards the ECBs 2% target
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,...
USD is higher and so is the USDCHF. The pair has reached the 100 hour MA. What next?
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 leading index for March -0.3% versus -0.1% estimate
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 March 4.19M versus 4.20M estimate
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 dollar moving higher. NY Fed Pres. Williams doesn’t rule out a fed hike if needed
NY Fed Pres. Williams doesn't rule out a fed hike if needed. That has the market on edge and the US dollar moving higher. Rates are also higher with the 10 year now up 4.2 basis points.EURUSD: The EURUSD is back below the swing area outlined in the kickstart video at...
US stocks open mixed. NASDAQ is lower. S&P is near unchanged.
US stocks are opening mixed with the NASDAQ lower. The S&P is trading above and below unchanged. The Dow industrial average is marginally higher. A snapshot of the market eight minutes into the open is showing:Dow industrial average up 84.29 points or 0.22% at...
NY Fed Pres. Williams: I don’t feel an urgency to cut rates
Fed's WilliamsNY Fed Pres. Williams is speaking and reiterates sentiment from earlier this weekI don't feel an urgency to cut rates.It data fed is that data dependent and the datah as been goodWe have a strong economy.Economic imbalances have been reducedFed rates...
Kickstart your FX trading for April 18 w/ a technical look at EURUSD, USDJPY and GBPUSD.
Kickstart your FX trading for April 18, 2024, with a technical look at the 3 major currency pairs - the EURUSD, USDJPY and GBPUSD.The EURUSD moved to a new session high for the week and above a swing area between 1.0655 and 1.0675, but could not extend above the...
Eurozone Growth, ECB Interest Rate Speculation, and NASDAQ Analysis
The Eurozone is likely to have grown this past quarter according to the Bundesbank, but the DAX continues to decline. The chances of the European Central Bank cutting interest rates in June intensifies as Oil prices decline to a monthly low. Meta pays its shareholders...
Fed’s Bowman doesn’t comment on monetary policy in text
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,...
Philly Fed April manufacturing business index +15.5 vs +2.3 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,...
US initial jobless claims 212K vs 215K estimate
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,...
ECB’s Knot: Not uncomfortable with market pricing of rate cuts
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,...