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John Thune (So. Dakota) elected Senate Majority Leader

John Thune (So. Dakota) elected Senate Majority Leader

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,...

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European indices close mixed with modest gains or losses

European indices close mixed with modest gains or losses

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,...

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Cleveland Fed median CPI +4.1% y/y

Cleveland Fed median CPI +4.1% y/y

The Cleveland Fed is out with its inflation tracker and the numbers show inflation flattening above 2%. In particular, median CPI was at 4.09%, up from 4.08% y/y last month. It's only declined marginally since June, when it was at 4.15%.Median CPI is the one-month...

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Bitcoin bullish bias is strong

Bitcoin bullish bias is strong

The price of Bitcoin moved above $70,000 again on November 5th, and $80,000 on November 10. The price broken $90,000 on November 12. Is Bitcoin 100K in the cards?The price has moved to a new all-time high of $91,945 - breaking above the high price from yesterday at...

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US stocks are modestly higher

US stocks are modestly higher

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,...

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Dollar selling does not last long

Dollar selling does not last long

The USD selling did not last long.EURUSD: EURUSD moved up to and through the next target at 1.0649, but not by much, the price has since rotated back down toward the 1.0600 level. The current price is trading at 1.0605. Break back below 1.0600 (low from August and old...

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Canadian dollar falls to the lowest since 2020

Canadian dollar falls to the lowest since 2020

A broader wave of US dollar buying combined with slumping oil prices and worries about Chinese growth have nudged USD/CAD above the 2022 high of 1.3978.USD/CAD has tried to get through this level many times in the past two years but hasn't been able to crack it. So...

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Bitcoin breaks $90,000 at the US equity open

Bitcoin breaks $90,000 at the US equity open

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,...

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