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 extends to the upside into MA targets
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 as the day winds down
The major US indices are mixed heading into the close of the day. The Dow industrial average is at risk of snapping it's 8-day win streak, the longest this year. The gains added 4.59% from the low to the close yesterday. The Dow is down -62 points or -0.16% at...
NZDUSD stays below its key 200 day MA and 50% retracement target. Sellers stay in play.
The NZDUSD is staying below its key 200 day moving average of 50% retracement target. Those levels, are between 0.6033 and 0.6035. The high price today stalled at 0.6030. Stalling against the area, keeps the sellers in play. Going forward it would take a move above...
Crude oil futures settle at $79.12
The price of crude oil futures are settling at $79.12. That's up $0.86 or 1.1%.Crude oil trades above and below the 100 day MAThe high price today reached $79.46. The low price was at $77.81. The commodities 100-day moving average comes in at $78.38. The price traded...
Here is the signal in all the US political noise
I don't know who is going to win the US election but there's a great chance we end up with some kind of split of power in the three branches of US government. Even if we don't, the margins will be narrow enough (and parties fractured enough) to keep too much from...
SNB chairman: The fight against inflation is far advanced
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,...
Watch live: OpenAI presents its spring update
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,...
Treasury Secretary Yellen: We value our trade and investment relationship with China, BUT.
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,...
BOA Monihan: Sees a slow growth but still positive spending in the US
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 indices closing mixed with Spain and Italy rising
Major European indices are closing the day makes with Spain and Italy rising. Germany, France and UK falling (after each closed at record levels on Friday).The final numbers are showing:German DAX, -0.18%France CAC, -0.14%UK FTSE 100 hundred, -0.22%Spain's Ibex,...
Roaring Kitty posts again….”Fine…I will do it myself”
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,...
USDCAD trades higher and lower with shorter term technical levels doing their jobs
The USDCAD traders are using the shorter term technical levels to define the trading range today. On the topside, the high price from Friday and earlier today have done a good job of stalling the upside.On the downside, a swing area between 1.3654 and 1.36678 is...
New York Fed inflation expectations for 1-year rises to 3.3% from 3.0%
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,...
Treasury Secretary Yellen: Bidens #1 priority is to bring down inflation
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,...
AUDUSD moves above the 50% of the move down from the December high.
The AUDUSD fell in the early Asian-Pacific session, and in the process tested a short-term swing area seen over the last few weeks at 0.6585. Points are held, the price reversed and started to extend the upside.The move has now taken the price above the 50% midpoint...
Reuters poll: Federal Reserve to cut fed funds rate by 25 basis points in September
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 are marginally higher in early US trading
The US stocks are marginally higher in early US trading. The major indices are off premarket levels.A snapshot of the market currently shows:Dow Industrial Average average up 109.89 points or 0.28% at 39622.74S&P index up 4.17 points or 0.08% at 5226.86NASDAQ...
USDCHF trades to new session lows. Looks toward 38.2% of the move up from the March 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,...
Fed Gov. Jefferson: Economy has made a lot of progress, inflation has retreated
Fed's JeffersonFed Gov. Jefferson answering questions at his event this morning says:Economy has made a lot of progress, inflation has retreated.Labor market has been very resilient.I view the economy as in a solid position.The decline in inflation has...