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,...
New Zealand data – FPI -0.9% in October (prior +0.5%)
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Forexlive Americas FX news wrap 13 Nov: US CPI comes out as expected. USD continues rise
Markets:Bitcoin trades to a new high at $93,483 before correcting lower to $89,021 currently. And is still up over $1000 on the dayWTI crude trades down nine cents at $68.032 year yield 4.279%, down -6.5 basis points. 10 year yield 4.451%, +1.8 basis pointsGold down...
USD/CAD at 1.4, highest since 2020
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Economic calendar in Asia 14 November 2024 – RBA Gov Bullock speaking, Oz jobs report too
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Trade ideas thread – Thursday, 14 November, 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,...
US stocks mixed. S&P unchanged. Dow modestly higher. Nasdaq lower.
The US major indices are closing mixed. The S&P is near unchanged. The Dow industrial average is modestly higher. The NASDAQ index is modestly lower. The small-cap Russell 2000 index slumped with the decline close to 1%.The final numbers are showing:Dow industrial...
The cabinet picks from Trump don’t sound like a guy who is looking for moderation
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Gold reverses lower. On pace for the 4th day in a row lower
The price of gold traded as high as $2618.84. At session highs, the price was up $20.94 and it looked like the 3-day slide was going to be snapped. However, the price has since reversed back to the downside and the price is now trading down -$22.26 or -0.87% at...
NASDAQ index gives up gains with an hour left in trading
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5 reasons why the US dollar wrecking ball is in full swing
1) Take a look aroundThe main reason the US dollar is so strong is the obvious one: The US economy looks better than anywhere else. It's the only place you can point to and say "there could be surprisingly-strong growth in 2025". Europe is a mess, Japan doesn't need...
More from Musalem: Data since prior meeting suggests economy may be materially stronger
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,...
GBPUSD moves below retracement level and runs to the next swing area target. What next?
The GBP/USD has declined in trading today, breaking below the 61.8% retracement level of the move up from the April 2024 low, which sits at 1.2732. Yesterday, the price briefly dipped below this key retracement level before rebounding back upward. However, today’s...
Some bitcoin selling hits after a little double top at $93,500
Bitcoin ran up to $93,500 in the US morning before some profit taking hit. When a second run at that level couldn't crack it, a decent round of selling hit, taking it down to $91,000.BTC 5 minsIt all looks like a rather standard move in a major breakout. The 61.8%...
Fed’s Schmid: It remains to be seen how much more Fed will cut and where rates settle
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,...
Fed’s Musalem: Recent info suggests inflation risks have risen
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,...
St. Louis Fed President Musalem (2025 voter) will be speaking at the top of the hour.
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John Thune (So. Dakota) elected Senate Majority Leader
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USDJPY is back up pushing topside resistance at 155.21. Key level for buyers/sellers.
The USDJPY has seen a dip today that gave the sellers some short term control below 154.54, but momentum faded quickly and sellers have turned to buyers. The price has now moved back up toward the high for the day and also the high of a swing area at 155.21. The price...
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,...