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,...
S&P 500 Technical Analysis – Was that an overreaction?
Fundamental OverviewThe S&P 500 yesterday sold off aggressively following the FOMC decision as the market perceived it as more hawkish than expected. Overall, apart from some slight tweaks, the Fed was in line with the market’s expectations, and the selloff might...
ECB’s Šimkus: Inflation risks are balanced for next year
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,...
Dollar gives back some of its post-Fed gains
USD/JPY may be at the highs for the day at 156.85 but the dollar is lower against the rest of the major currencies bloc at the moment. The greenback is down around 0.3% to 0.4% across the board, so the losses elsewhere aren't anything too significant as compared to...
Gold Technical Analysis – The bulls held the line
Fundamental OverviewGold dropped briefly below a key support yesterday following the FOMC decision as the market perceived it as more hawkish than expected. Overall, apart from some slight tweaks, the Fed was in line with the market’s expectations, and the market’s...
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Ethereum Price Prediction by AI
🚨 Ethereum Price Prediction & ETH Futures Forecast🕒 Important NoteThis Ethereum price prediction is based on current market conditions, at the time of writing, as ETH futures contract is at price $3,693. Key levels below and above this price serve as potential...
France December business confidence 94 vs 96 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,...
BOJ governor Ueda: Hard to say if incoming data will be sufficient to support January hike
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,...
BOJ governor Ueda: The big picture on wage trends will become clearer in March, April
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,...
Eurostoxx futures -1.6% in early European trading
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,...
Germany January GfK consumer sentiment -21.3 vs -22.5 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,...
USD/JPY ramps up to hit 156.00 on Ueda presser
USD/JPY daily chartReading between the lines, it looks like BOJ governor Ueda is alluding to the idea that the Japanese central bank might prefer waiting until March before hiking rates next. He kept pushing the narrative that they don't have much information on the...
BOJ governor Ueda: January decision will be ‘holistic’ based on available data
If you count out the holiday period in the next two weeks, there's only three purposeful weeks in markets until their next decision in January. It'll be hard to see how they will get much more material information on wages, prices, and Trump's tariffs arrangements....
BOJ governor Ueda: Decision to keep rates unchanged was based on several factors
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 buyers make a last ditch effort to try and maintain some control
Gold (XAU/USD) daily chartBefore yesterday, gold prices only moved down to test the 100-day moving average (red line) twice this year. Yes, that's right. Just twice. The first was in February and the second in November. During both times, buyers held their ground but...
BOJ governor Ueda: Japan economy is recovering moderately, although some weakness seen
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,...
Newly appointed French prime minister Bayrou faces the same path as Barnier
Bayrou has already courted controversy in staying on as the mayor of small French town, Pau, as he takes on the prime minister job in Paris. But that is perhaps the least of his worries at the moment. Much like his predecessor Michel Barnier, Bayrou has to find a...
S&P 500 analysis today by AI
S&P 500 E-Mini Futures (ES) Analysis: AI Price Prediction & Key Levels 📈⚠️ Important Note ⚠️Before diving into this analysis, it's critical to identify the time this analysis was generated and compare it to the current price action when you read it. Pay close...
BOE set to wrap up the major central bank bonanza for the year
In case you missed the events from earlier:That leaves the BOE as the final major central bank policy decision for the year. But unlike the Fed and BOJ, this one should be a more uneventful and straightforward one.The BOE is expected to keep the bank rate unchanged...