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 Thursday, 14 March 2024 – another nearly empty one
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,...
Trade ideas thread – Thursday, 14 March, 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,...
Atlanta wage growth tracker for February remains at 5%
The Atlanta Fed's Wage Growth Tracker was 5.0 percent in February, the same as for January. For people who changed jobs, the Tracker in February was 5.3 percent, down from 5.6 percent in January. For those not changing jobs, the Tracker was 4.7 percent, unchanged from...
Sellers pushing stocks lower. Major indices now negative on the day
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 ping-pongs between low of swing area and 100 hour MA. Waiting for the next shove.
The NZDUSD started the day with a move below the low of a swing area at 0.6148. However, the price started to find buyers later in the Asian session, and in the process moved through the high of a swing area at 0.6159. That break took the price up to test its 100 hour...
Crude oil futures settle at $79.72
Crude oil futures are settling at $79.72. That's up to dollars and $0.16 or 2.78%. The price today reached $79.78. The low price was at $77.57.Crude oil futures settle at $79.72The price today is moving away from it 200-day moving average at $77.99 and also its 38.2%...
US stocks remain mixed (like at the open)
At the start of the US session, the Dow industrial average was higher, the S&P was near unchanged, and the NASDAQ index was down around -0.30%.At 2:15 PM ET, the pattern remains the same. A snapshot of the market currently shows:Dow Industrial Average up 120...
AUDUSD shows two technical bullish tilts in the NY session
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,...
Stock market update: Semiconductor stocks plunge, Amazon and Google show resilience
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 metals are shining today as gold, silver and copper rally
The metals are shining today.Gold rose to a fresh high after the latest US 30-year auction, adding $2 to a $20 gain and rising to $2177 on the day. That's about $16 shy of last week's all time high.Copper and silver are looking to join the gold breakout. Copper is up...
US sells 30-year bonds at 4.331% vs 4.352% WI
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,...
BofA: We expect the BOJ to exit NIRP/YCC at the March meeting
BofA projects the Bank of Japan (BoJ) to announce its departure from the Negative Interest Rate Policy (NIRP) and Yield Curve Control (YCC) strategies in its March policy meeting. Factors bolstering a March decision include improved capital expenditure data,...
European major indices close mostly higher. German DAX unchanged
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,...
U.S. Treasury to complete its coupon auctions this week with sale of 30 year bonds.
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,...
Yellen: Has every expectation that single biggest contributor to inflation will move down
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,...
NASDAQ index now down -0.70%
The NASDAQ index is nailed down -0.71% or -114.63 points at 16150. The low for the day reached 16143.34. The NASDAQ index has been negative for the entire day. At session highs, the index could only get within 33.42 points of unchanged.The S&P indexes down -9.45...
EURUSD keeps a bullish bias. Here is why…
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 models along in up-and-down trading. Close support being approached at 0.8762.
The USDCHF is not doing much. The low to high trading range is only 21 pips today. That compares to 51 PIP average over the last month of trading. ZZZZZZZZZ....Although price action is limited, it's best to be aware and be prepared. It is the future we as traders look...
US House of Representatives votes to divest/ban TicTok
The House of Representatives has voted ByteDance to diverse or "ban"TicTok. The bill now gets pushed to the Senate.The aim of the bill is to compel ByteDance, TikTok's Chinese parent company, to divest the social media platform or face a U.S. ban. Rep. Mike Gallagher,...