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 June Philly Fed +1.3 vs +5.0 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 238K vs 235k 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 May housing starts 1.277m vs 1.370m 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,...
The AUD is the strongest and the CHF is the weakest as the NA session begins
The strongest to the weakest of the major currenciesAs the North American session begins the AUD is the strongest and the CHF is the weakest. The USD is mostly stronger with declines only vs the AUD. The Swiss National Bank (SNB) lowered its key policy rate by 25...
What is a trading catalyst?
What is a catalyst?A trading catalyst is anything that causes a market reaction. The most common catalysts come from the economic data. In fact, you may have seen countless times the market reacting to an economic report and sometimes the moves can be very large....
ForexLive European FX news wrap: Franc, sterling fall after central bank decisions
Headlines:Markets:AUD leads, CHF lags on the dayEuropean equities higher; S&P 500 futures up 0.4%US 10-year yields up 2.7 bps to 4.243%Gold up 0.5% to $2,340.17WTI crude up 0.1% to $81.70Bitcoin up 2.3% to $66,327Central banks were in the spotlight in European...
August back in the picture for the BOE?
There were a couple of dovish hints, subtle of course, put out by the BOE in their rate statement today. Let's dive straight into it.Firstly, they introduced this passage to the forward guidance:"As part of the August forecast round, members of the Committee will...
NVIDIA leads the charge in a bull market
The excitement around artificial intelligence is beginning to resemble the California gold rush; only now are companies, not individuals, chasing the new El Dorado. Representatives of all industries seem determined to incorporate the latest technology into their...
BOE leaves bank rate unchanged at 5.25%, as 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,...
NZDUSD Technical Analysis – The positive sentiment lifts the Kiwi
Fundamental OverviewThe USD has been generally weaker this week after the strength seen last week due to some risk off sentiment. In fact, it looks like it’s just sentiment that’s been driving the market recently as fundamentally the soft US inflation figures just...
SOL Meme and PolitiFi Colossus, Solciety Raises $300k in Under 48 Hours
Solciety, a prominent player in the PolitiFi meme coin sector, has successfully raised over $300,000 within the first 48 hours of its presale, which commenced at 14:00 UTC on 18th June. The presale is scheduled to run for 30 days, concluding on 18th July.The presale...
ECB’s Knot: Optimal policy path is broadly in line with just under three rate cuts in 2024
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 Technical Analysis – A look at the chart ahead of the BoE
Fundamental OverviewThe USD has been generally weaker this week after the strength seen last week due to some risk off sentiment. In fact, it looks like it’s just sentiment that’s been driving the market recently as fundamentally the soft US inflation figures just...
Germany’s Ifo institute raises 2024 GDP forecast, says “new hope is emerging”
On the optimistic change, Ifo says that:"The German economy is slowly working its way out of the crisis. New hope is now emerging. The second half of 2024 should be significantly better than the first. As the year progresses, the purchasing power of private households...
(최신)3가지! 에어컨 전기요금 기한내 신청하세요! 꼭 확인하세요~
https://www.youtube.com/watch?v=wg7QhFIZKYw @Welfaremarble 날씨가 많이 더워졌는데 모두 건강 잘 챙기시면 좋겠습니다.^^ 에어컨 전기요금 냉방비 지원 받으세요~ 새로운 소식 3가지 알려드립니다. #정부지원 #시니어 #속보 MoneyMaker FX EA Trading...
SNB chairman Jordan: FX intervention can be in both directions
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 Technical Analysis – The CHF weakens on the SNB cut
Fundamental OverviewThe USD has been generally weaker this week after the strength seen last week due to some risk off sentiment. In fact, it looks like it’s just sentiment that’s been driving the market recently as the soft US inflation figures just consolidated the...
SNB chairman Jordan: Swiss franc appreciation is due to political uncertainties
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,...
Swiss franc falls as SNB continues with rate cuts
Even if this was the "expected" decision, the feel of the market was that it was closer to a coin flip. That explains the reaction in the Swiss franc, with the SNB also sticking with a more dovish stance overall. The Swiss central bank signaled that inflation is...