Aventus, a leading provider of enterprise blockchain solutions and parachain on Polkadot, today confirms the launch of Aventus 2.0, an evolution of the Aventus Network aimed at establishing a stronger foundation for long-term growth and value capture. The update...
Canada September producer price index -0.6% vs -0.5% 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,...
Maximize Trading opportunities with market insights
The forex markets are showing ups and downs after the USD moved higher yesterday helped by rising interest rates . Currently rates are of modestly higher the front end and down modestly near the end of the yield curve. US stocks are lower as geopolitical risks of...
Forexlive European FX news wrap: Choppy price action amid lack of catalysts
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 Technical Analysis – We are near a key resistance zone
Fundamental OverviewThe lack of catalysts recently kept the US Dollar supported across the board despite the slowdown in momentum. The market might now be looking forward to the first weeks of November when we will get the key economic data, the FOMC decision and the...
Stocks dribble lower in European morning trade
European indices are also all in negative territory, with the DAX also down by 0.1% after a decent open earlier. Other major indices in the region are down some 0.6% to 0.8% with the negative mood also reflected in US futures. S&P 500 futures are down 0.5% with...
Major currencies not doing much so far on the session
The dollar is keeping more mixed with light changes being observed overall. There's not much appetite or follow through, as traders are keeping a watchful eye on the bond market for anything. USD/JPY is one to pay attention to as such but is running up against a key...
GBPUSD Technical Analysis – The USD continues to gain amid rising yields
Fundamental OverviewThe lack of catalysts recently kept the US Dollar supported across the board despite the slowdown in momentum. The market might now be looking forward to the first weeks of November when we will get the key economic data, the FOMC decision and the...
ApeExpress Launches on ApeChain: $BORED Reaches $22 Million Market Cap Shortly After Debut
ApeExpress has officially launched on ApeChain, offering a streamlined platform for users to create and deploy tokens quickly, tapping into meme culture and emerging trends. This new service allows anyone to launch tokens with ease, enhancing accessibility within the...
Sui Launches ‘SuiHub Dubai’, Its First Global Hub to Drive Web3 Innovation
SuiHub Dubai is the first in a global series of hubs designed to support blockchain developers and entrepreneurs.The center is located in Expo City Dubai, a key tech hub in the region, to foster collaboration and innovation.Ghaf Studios and Sui aim to provide...
Bonds under the spotlight with little else to focus on
US Treasury 10-year yields (%) daily chartIn most cases, yields will tend to trend lower in the early stages of the Fed's rate cutting cycle. But this isn't like those cases, at least for the time being. There is something driving yields back higher and that is...
EURUSD Technical Analysis – New highs in Treasury yields boost the USD
Fundamental OverviewThe lack of catalysts recently kept the US Dollar supported across the board despite the slowdown in momentum. The market might now be looking forward to the first weeks of November when we will get the key economic data, the FOMC decision and the...
Gold Technical Analysis – It’s not worth it chasing this rally
Fundamental OverviewIn recent days, gold has been making new highs despite the lack of bullish catalysts. Moreover, the latest leg higher diverged with real yields which climbed to new highs since last week. This divergence could point to a pullback in gold ahead of...
European equities mostly a touch softer at the open today
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,...
FX option expiries for 22 October 10am New York cut
There are just a couple to take note of, as highlighted in bold.The first one is for EUR/USD at the 1.0850 level. It coincides with the 100-hour moving average currently, which is where price action was held up in trading yesterday. As such, the expiries alongside the...
BOE chief economist lambasts ONS over poor jobs data quality
This is something I've highlighted with each and every UK labour market report, as seen with the latest one here. And it is something that has persisted for a year already now. In case you missed some of the posts about that:In a time when the BOE is trying to make...
Chinese equities continue to look more pensive this week
If anything, the chart shows that the mood music is more pensive as investors are likely waiting on more action by Beijing. That especially a follow through on the fiscal side of things. The CSI 300 index is up 0.5% today but it's not really noticeable from the...
USD/JPY underpinned by higher yields, faces up against key resistance levels now
USD/JPY vs US Treasury 10-year yields (%) daily chart10-year Treasury yields have now climbed back up to 4.20% and looking to push past its own 200-day moving average. Is it the economy trade? The inflation trade? Or perhaps the election trade? I'm quite sympathetic...
BOJ Executive Director Kato – not targeting FX levels
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/JPY above 150.90 again after meek comments from Japan
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,...