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,...
Forexlive Americas FX news wrap 4 Mar: Quiet Monday to start the trading week.
The day in the US session had little to go on. Not only was it Monday, but the economic calendar was void of any releases. Fed's Bostic spoke, but he already talked a bunch last week. What he said today was (what I thought) a bit more hawkish. He did provide an...
More from Fed’s Bostic – talks of “threat of what I’ll call pent-up exuberance”
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,...
Stocks pull back and close lower on the day
Major US stock indices dipped into the close and are snatching a modest defeat from the jaws of victory. Both the S&P and NASDAQ index had moved into positive territory with an hour or so left in the day. However, there was some selling and the major indices are...
Economic calendar in Asia for Tuesday 5 March 2024 – Tokyo area inflation data
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Trade ideas thread – Tuesday, 5 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,...
UK Chancellor Hunt rumored to be preparing a 2P cut to the basic rate of income tax
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,...
Bitcoin near session highs
The price of bitcoin is inching back toward the highway for the day at $67,621 (reached earlier today). A high price just extended to $67,577. A move above that level would have traders looking toward the $69,000 level that was the all-time high level reached on...
NASDAQ index in positive territory
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 crude oil futures settle at $78.74
Crude oil futures are settling the day lower by $1.23 or -1.54% at $78.74. The high-pressure that they reached $80.41. The low price was at $78.56 the price is closing near the low for the day.Technically, the price remains above it 200-day moving average at $77.78....
S&P index back near unchanged
S&P index working on it 3rd consecutive record closing levelThe S&P index is working its way back toward unchanged on the day. It currently is down -0.92 point or 0.02% . Recall from Friday, the index closed at a record level. A close in positive territory...
White House: US calls on Hamas to accept terms of table on the deal right now
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Crude oil retraces and dips to low of swing area. Finds support buyers.
Crude oilThe price of crude oil has moved to new lows and in the process fell below its 100-hour moving average at $78.86 on its way to a low of $78.56. At session lows, the price tested the low of a swing area between $78.52 and $79.29. Support buyers came in against...
Nasdaq Bulls Maintain Upward Trajectory Ahead of US Data, Fed Speakers
Nasdaq 100 (US Tech) AnalysisHistorically, March presents a tricky month for the Nasdaq in an election year but tends to witness impressive full year gainsNasdaq posts a slow start to the week ahead of economic dataMajor risk events in the week that lies ahead:...
EURUSD trades up to the 38.2%, and finds sellers
The EURUSD trades up to the 38.2% of the move down from the December high, and finds sellers. That level comes in at 1.0864. The high reached 1.0866 and backed off. The buyers made a play in the pair, but can they get the price above 38.2% and stay above to show they...
Atlanta Fed Pres. Bostic:Inflation on track to 2% inflation but too early to claim victory
Atlanta Fed Pres. Bostic speakingInflation on track to fully return to 2% inflation but too early to claim victoryExpect two quarter-point cuts this yearNeed to see more progress and gain confidence on disinflation before reducing rates.Strength in the economy and job...
European stocks close mixed in trading today
Major European indices are closing the session with mixed results. On Friday, the German DAX closed at a record level, but could not sustain the momentum in trading today. France's CAC continues to waffle up and down near all-time highs, but the highest price remains...
AUDUSD sellers are more in control below swing level and 100 bar MA on 4-hour chart.
The AUDUSD fell below a swing area near 0.6523 and the 100 bar MA on the 4-hour chart last week (at 0.6525) and apart from a few modest moves above (including into last week's close), most of the price action was below the 0.6523-25 area. In trading today, the price...
Philadelphia Fed Pres. Harker does not talk about monetary policy or the economy
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Philadelphia Fed Pres. Harker speaking at the top of the hour
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