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,...
Israel’s intention is to hurt our own without creating an all-out war
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 USDCHF traded to a new 2024 high, but failed.What would increase the bearish bias now?
The USDCHF traded to a new 2024 high and in the process moved above a swing area high near 0.9146. The momentum faded and the price moved back to the downside. Having said that, the decline has been modest. The price remains within a swing area between 0.9112 and...
The NASDAQ index has gone negative on the day
The US stock market is giving up gains. The NASDAQ index is now in negative territory. Markets started to adjust more to the downside after the Axios reported that Israel defense minister Gallant told US Defense Secretary Austin that Israel has no choice but to...
Axios: Israel DefMin Gallant said is really has no choice but to respond to Iran attack
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,...
Iraqi Deputy Prime Minister: Iraq is warning about regional escalation
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,...
Isreal reserves its right to self-defense after attack
A Israeli government spokesman Hayman says that:Israel reserves right to self-defense after attackHowever, the Israeli war Council has ended its deliberations for the day. Will resume tomorrow.Meanwhile the Wall Street Journal is out saying that "Israel is inclined to...
NAHB Housing market index for April 51 vs 51 est.
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 February Business inventories 0.4% vs 0.4% 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,...
US major indices higher to start the trading week
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,...
Major US stock indices set to open 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,...
Kickstart the FX trading day on April 15 with a technical look at EURUSD, USDJPY & GBPUSD
In the kickstart video for April 15, 2024, I take a look at three major currencies including the EURUSD, USDJPY and GBPUSD. There is a lot of fundamental news that are driving the markets. What about the technicals. Technical levels can help to take volatility out of...
Fed’s Williams: Overall economy will continue to grow this year around 2%
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 Manufacturing sales 0.7% versus 0.7% 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 empire manufacturing index -14.3 vs -7.5 last week
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 March retail sales +0.7% vs +0.3% expected
US retail sales control groupDetails:Ex-autos +1.1% versus +0.5% expected. Prior ex-autos +0.3%Control group +1.1% versus +0.4% expected Prior control group 0.0% (revised to +0.3%)Retail sales ex gas and autos +1.0% vs +0.3% priorUS retail sales control group looked...
Retail sales data in focus, due at 0830 US Eastern time – range of expectations to watch
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,...
ECB’s Lane: Deceleration in wage growth is necessary to get inflation to target
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 NA session begins, the GBP is the strongest and the JPY is the weakest.
As the North American session begins, the GBP is the strongest and the JPY is the weakest the USD is mostly weaker with gains only vs the JPY today. The markets have gotten through the Iran attack on Isreal over the weekend as defense systems intercepted 99% of the...
Forexlive European FX news wrap: Recovery from Middle East fears ongoing
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,...