On Wednesday, the price of the EURUSD in the US a session moved sharply higher, but stalled near the 200-day moving average at 1.08314. Traders consolidated around the level until the new trading they began 24-hours ago.Buyers reentered the market and pushed the...
Trade ideas threat – Friday, 5 April. What is driving your trading 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,...
Forexlive Americas FX news wrap: Middle East war fears grip markets late
Markets:Gold down $14 to $2285US 10-year yields down 4 bps to 4.31%S&P 500 down 1.2%WTI crude up $1.17 to $86.60AUD leads, GBP lagsThe day completely turned in the past three hours as talk of Iran retaliatory strikes against Israel began to grip the markets. There...
Everything was going so well in stocks, until it wasn’t
Everything was going well with the stocks with the major indices all higher earlier in the day:Dow intraday high reached up +294 pointsS&P intraday high reached up +45.11 pointsNasdaq intraday high reached up +190.59 pointsThe small-cap Russell 2000 had a intraday...
China is on holiday today (as so is Eamonn) as Ching Ming holiday continues.
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’s Ueda: Chance of sustainably achieving 2% inflation target is in sight
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 continue to fall. It’s a tough dip to buy ahead of non-farm payrolls
The S&P 500 has extended its decline to 1% on the day after earlier rising as much as 0.8%. The turnaround has come on fears of an Iran-Israel war.SPX 10 minsI would put the actual odds of a war at 'remote' so the trade here is to buy this dip. And I think many...
USD/JPY drops on geopolitical fears
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,...
What next for markets if Iran attacks Israel?
AI imageMarkets are currently in a big of a flight to safety on fears that Iran could be preparing retaliation for the embassy bombing in Syria three days ago.Iran Supreme Leader Ayatollah Ali Khamenei said Israel would be punished for the attack, while President...
Fears of Iran attack on Israel are driving markets
Israeli PM NetanyahuThe sharp recent bid in oil and drop in stocks is a classic sign of trouble in the Middle East.Some are citing hawkish comments from Netanyahu against Iran while others are pointing to an article in The Express talking about Iran strikes inside...
Vibe shift in markets as stocks fall, oil jumps
There has been some Fedspeak today and the US told Israel it wants a ceasefire but I haven't seen anything in markets that would justify the latest moves.The S&P 500 is quickly losing altitude.SPX 10 minsAt the same time, oil has gotten some strong bids and Brent...
Fed’s Mester: Expects to be in a position to lower rates later this 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,...
Fed’s Kashkari: Need to see more inflation progress before cutting rates
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,...
Fed’s Goolsbee: In March I jotted down two rate cuts this 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,...
Goolsbee puts the focus on US housing inflation
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,...
Watch live: The Fed’s Goolsbee participates in live Q&A
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,...
Fed’s Goolsbee: Biggest danger to inflation is high inflation in housing services
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 Sachs: Here is what we expect from Friday’s non-farm payrolls report
Goldman Sachs provides insights into the upcoming US jobs report for March, forecasting a 215k increase in payrolls and a decrease in the unemployment rate to 3.8%. This outlook surpasses the consensus expectation of a 200k rise in payrolls. The forecast attributes...
Bitcoin bounces to the highest levels of the day
Bitcoin dailyBitcoin fell hard on Tuesday but stabilized yesterday and has rebounded somewhat today. It was last up 3.3% to $67,959.Zooming out, the chart is wedging in a narrowing range between $60,000 and $73,000. It's right in the middle of that now and appears to...
Fed’s Barkin: 2024 data is ‘less encouraging’ raises issue of whether outlook shifting
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,...