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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,...
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,...
Reserve Bank of Australia Assistant Governor (Economics) Sarah Hunter will be speaking on a panel at the AFR Business Summit.9.30 Sydney time is 2230 GMT and 1830 US Eastern timeThe Reserve Bank of Australia is working to drag the inflation rate down while not...
JPMorgan analysts are out with a note saying the "Magnificent Seven" tech stocks are not so expensive.They note the 7 stocks are cheaper in comparison to the broad equity market than they were 5 years ago, citing earnings data“There is a concern over the very strong...
The forex market was quiet ahead of the US CPI data which will be released tomorrow at 8:30 AM ET. The JPY is ending the day as the strongest of the major currencies. The GBP is the strongest. Looking at the GBPUSD, it fell in the NY afternoon session and in the...
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 broader US stock indices are starting the week with declines. The Dow 30, however, is eking out a modest again. The small-cap Russell 2000 index is also lower and was the worst performer of the top 4 indices. A snapshot of the closing levels is showing:Dow...
In this video, I take a technical look at the EURGBP which has been trading in a 275 pip range going back 10 or so trading months. More recently, the low of that range between 0.8492 and 0.8522 has been tested. Today the price bounced back above that lower range which...
The data ahead is not likely to move major FX too much upon release. JPY should see some movement on the session with all the speculation, and headlines, swirling about the upcoming Bank of Japan meeting (March 18 and 19) and the potential for a policy move....
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,...
Oil touched the lowest levels of March today but bounced back and was solidly higher mid-way through US trading before fading to finish nearly unchanged at $77.93.WTI crude has been flirting with $80 for two weeks but hasn't been able to break though, despite some...
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 EURUSD sellers have extended the range to the downside, but after extending below support near the 50% midpoint of the move down from the December hide to the February low at 1.09165, sellers did not keep the momentum going and the price modestly bounced back...
AI imageIt's all about inflation for the Federal Reserve and that means Tuesday's US consumer price index report will be pivotal.Fed Chairman Jerome Powell teed it up best in his testimony last week when he said:He wants to see 'some good inflation readings'He is not...
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,...
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 major indices are closing Monday with mixed results. German DAX France CAC, and Italy's FTSE MIB close lower, but UK, and Spain indices rise on the day. The final numbers are showing:German DAX, -0.38% at 17746.26France CAC, -0.10% at 8019. 74UK FTSE 100,...
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,...
Last week, the NZDUSD experienced a notable surge, successfully surpassing several key technical benchmarks. This rally included moving above various moving average targets, breaching a crucial swing area between 0.61487 and 0.61594, and even crossing the 50%...
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,...