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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,...
The House just passed a continuing resolution to fund the government until December 20The vote was 341 for. Democrats and some Reblicans voted for.The 82 against were Republicans.The passage was expected. The downside to this is we get to do this **** all over again...
Markets:Gold up $3 to $2659US 10-year yields up 4.9 bps to 3.78%WTI crude oil down $1.85 to $69.71S&P 500 down 0.2%USD leads, NZD lagsThere was a dramatic intraday turn in the US dollar. The euro rose to the highest since July at 1.1213 but then sank 90 pips in 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,...
UBS cite various supply and demand factors for their forecast. Beginning with Federal Reserve's growth-oriented monetary policy contributing to a favourable environment for oil prices. UBS point out that Brent crude often benefits from positive market sentiment, which...
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,...
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,...
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,...
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,...
The NZDUSD has been tracking the 100-hour MA higher There have been some brief moves below the 100 hour MA over the last few weeks, with a few times when the price dipped below the MA but quickly rebounded higher.Today, there has been another dip below the 100 hour...
Earlier today, the price of the GBPUSD moved to the highest level going back to January 2022. In the process, the price moved into a swing area between 1.3411 and 1.3511 on the weekly chart (see red numbered circles on the weekly chart).. Seller on the first return to...
Goldman Sachs anticipates that the Swiss National Bank (SNB) will cut rates in this week’s meeting, likely opting for a smaller cut (25bp) rather than a more substantial 50bp reduction. The decision follows softer-than-expected inflation data and aims to preserve room...
China needed to show up with a double-barrelled bazooka this week and it only had one.Monetary policy delivered with a handful of impressive measures including rates cuts, shifts in reserves, financing for real estate buybacks and looser borrowing rules.That was 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,...
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,...
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,...
The major European indices are closing the day lower. The declines were led by France's CAC which fell -0.50%: German DAX, -0.39%France's CAC, -0.50%UK's FTSE 100 -0.17%Spain's Ibex, -0.38%Italy's FTSE MIB -0.12%As London/European traders head for the exit, US...
The EURUSD is moving lower as London/European traders look toward the exits. After running above the 1.1200 level in the early US session and extending to new highs for 2024 in the process, the price has shifted to the downside over the last three hours of trading....
NVDA dailyShares of Nvidia rose 4% yesterday and are up another 3% today in a market that's otherwise flat. Is that a tell?Here are three very simple reasons that I think it is:1) ChatGPT voice advanced was released todayI've been using ChatGPT voice for awhile and...
Hurricane Helene has strengthened into a hurricane and is projected to make landfall along Florida's Gulf Coast late Thursday as a major Category 3 storm. With maximum sustained winds expected to exceed 111 mph, Florida has declared a state of emergency and initiated...