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,...
Scaramucci predicts Bitcoin to US $200,000 by the end of 2025
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,...
Australian weekly consumer confidence survey falls to a 9 week low
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 16 Dec: Masa son and Softbank pledge $100B US investment.
Markets:Gold rose $5.18 or 0.20% at 2652.50Silver fell -$0.03 or -0.12% at $30.51WTI crude oil fell -$0.71 or -1.00% at $70.58Bitcoin soared to another record level with the price trading at $106,199 up $1,772 but still off the high from the day at $107,821. US yields...
Nomura on the two main factors that will drive further US dollar strength in 2025
Nomura Securities' Global FX Strategy team forecasts a potential strengthening of the U.S. dollar in 2025, driven by two main factors: persistently high core inflation in the United States, which may hinder the Federal Reserve's ability to lower interest rates, and...
Canada budget blow-out: 62bn CAD deficit vs. 40bn expected previously
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,...
As the Nasdaq closes at a new record, the Dow has now fallen for 8 consecutive days
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,...
Economic calendar in Asia 17 December 2024 – almost empty!
The Westpac–Melbourne Institute Consumer Sentiment Index for December is all that's listed on the data calendar here today. This index has shown improvements in recent months, reflecting a cautiously optimistic shift among Australian consumers.November 2024:Index...
Trade ideas thread – Tuesday, 17 December, insightful charts, technical analysis, ideas
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 USDCAD briefly trades above April 2020 high at 1.4264 but reverses
The USDCAD has moved lower after failing to sustain a break higher earlier today. Technically, the pair briefly pushed above the April 19, 2020 high at 1.4264, reaching a session high of 1.4270, but momentum quickly faded. The price rotated back below last week’s high...
BOC’s Macklem:In the future the world is set to be more prone to shocks than we would like
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,...
Canada will name Dominic Leblanc as new finance minister
Dominic LeblancCanada's Finance Dept is set to deliver the Fall Economic Statement today but with this morning's resignation of Finance Minister Chrystia Freeland, it wasn't clear who would deliver it.Now Radio-Canada reports that Dominic Leblanc, who is also the...
New Zealand November median house price -0.5% MoM
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,...
This could finally be the end of Justin Trudeau
AI imageIt's a mess in Canadian politics at the moment.Today the government is going to attempt to present the Fall Economic Statement. It was supposed to be delivered by finance minister Chrystia Freeland but she quit this morning, delivering an unusually harsh...
WTI crude oil futures settled at $70.71
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,...
Coalition partner calls on Canadian Prime Minister Trudeau to resign
NDP leader Jagmeet SinghThe NDP, which is the Liberal de-facto coalition partner, is calling on Justin Trudeau to resign."He has to resign," he said, noting that "all options are on the table" regarding withholding the votes the government needs to survive.He was...
NZDUSD buyers try to shift the short term bias higher. What next?
THe NZDUSD has seen up and down and up again price action today. The most recent move higher has seen the pair extend back above the high of a swing area floor on the daily chart at 0.5772 and also briefly above the 100-hour MA at 0.5780. Buyers are trying to make a...
China ramps up talk on consumer subsidies
There is one thing that everyone can agree on: China is cheap, at least the stock market is.But it's cheap for a reason, economic growth is struggling and the market has lost faith in Beijing to offer the kind of stimulus that made it an economic miracle. That said,...
GBPUSD and EURUSD move higher, but there is work to do to tilt the bias more to the upside
The GBP/USD and EUR/USD are both trading higher on the day, with GBP/USD outperforming. The GBP/USD is currently up by 0.52%, trading at 1.2618 after testing a low of 1.2615 earlier. Meanwhile, the EUR/USD is up by just 0.05%, recovering from its low of 1.0475 and...
European major indices close mostly lower. Spain’s Ibex rises 0.23%
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,...