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,...
European equity close: DAX falls back below 20,000
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,...
Trump says he wants the debt ceiling eliminated or extended
I mean, he's kind of giving up the playbook here, no?Democrats still control the Senate so they can toss him this grenade. It would also be very difficult for many Republicans to vote to eliminate the debt ceiling.Overall though, I think markets should feel better...
Pound falls to a fresh low of the day as the US dollar climbs
The pound is flirting with the lows of the day and the lows of the month as the US dollar broadly strengthens.GBPUSD 4 hoursThis four-hour chart is looking like a head-and-shoulders that would target 1.23 or at least the November lows. The Bank of England vote today...
AUDUSD correcting higher after the sharp break and back toward swing area resistance.
The AUDUSD is correcting higher in trading today after the sharp move lower yesterday after the hawkish cut from the Federal Reserve. The price moved to a low near natural support at 0.6200 (the low reached 0.61983) and bounced. The high price today reached 0.62646....
The question hanging over the market: What are Trump’s real priorities?
US President-elect Donald Trump has expressed four priorities for his time in the White House:Strong GDP growthLower fiscal deficitsImproved trade deficitsA higher stock marketThe problem is that you can't have all those things. One way that Scott Bessant might be...
Bitcoin falls back below $100,000
Bitcoin is struggling again in a poor sign for risk trades. It's back through $100,000 in a quick move down from $102,500 in the past hour or so. The level to watch now is the Asian low of $98,677. There was a solid bounce from there earlier but if it breaks ewe could...
G7 is considering a full ban on handling Russian crude – report
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,...
BOE’s Bailey: Market rate pricing for February is in a reasonable place
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 November existing home sales 4.15m vs 4.07m 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,...
Tech and auto stocks surge: Semiconductor sector rebounds with Tesla leading gains
Stock heatmap by FinViz.com Thu, 19 Dec 2024 14:46:04 GMTSector OverviewToday’s US stock market is witnessing a significant upswing in the technology and automotive sectors, driven by gains in leading companies. Notably, the semiconductor sector is rebounding...
The lesson from Powell: It’s kind of fallen apart
The key line from Powell at Wedensday's FOMC press conference was "it's kind of fallen apart", which isn't the kind of thing you want to hear from a Fed chair in any context.But what was the context? A reporter asks Powell if what's driving the hawkish shift is the...
The USDCAD retraces lower but finds support buyers ahead of support target
The USDCAD spiked higher with the overall dollar buying yesterday, and that took the price above a swing high from 2020 at 1.4348. The price today has moved back to the downside in trading today, but has so far found support at that swing level. It is a short term...
The US equity bulls will try to make a stand here
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,...
USDCHF backs off and trades between the close support & resistance levels post FOMC spike
The USD/CHF currency pair experienced a sharp upward move yesterday following the FOMC rate decision. The price climbed above the key resistance level of 0.9000, reaching a high of 0.90213 before retreating today. The decline extended toward the November high of...
The technicals for the 3-major currency pairs – EURUSD, USDJPY and GBPUSD
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 Q3 final GDP +3.1% vs +2.8% 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,...
December Philly Fed manufacturing index -16.4 vs +3.0 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,...
US Initial jobless claims 220K vs 230K estimate
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,...
MU stock price prediction and an original trade idea
Micron Technology (MU) posted its quarterly earnings on December 18th, an event that garnered substantial options activity—by some measures, the highest volume of any company reporting that evening. The underlying expectations were significant, with the options market...