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,...
Gold Price Outlook: Drivers Behind Market Boom, Reversal or New Record Ahead?
Most Read: US Dollar on Defense Before Key US CPI Data – Setups on EUR/USD & USD/JPYGold has soared and hit one record after another this year, with the bulk of the bullish move taking place over the course of the past two months. During this upswing, the typical...
UK retail sales spending has jumped to its highest since August 2023
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,...
IMF warn on opaque Private Credit Market – could heighten financial vulnerabilities
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,...
RBC have 3 reasons to stay long energy (stocks)
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,...
New Zealand Q1 Business confidence collapses to -25 (prior -2)
New Zealand Quarterly Survey of Business Opinion (QSBO) from the New Zealand Institute of Economic Research (NZIER) Business confidence -25%, prior -2%Capacity utilization 90.2%, prior 91.4%Comments from NZIER (in brief, bolding mine):post-election bounce in business...
The ‘Martian alien’ test of US 10 year yields points to the the Fed not done hiking yet
ING say that the US 10 year Treasury has "not been trading in a manner consistent with prior peaks" in US interest rates.Says extrapolating leads to the risk of a 5% yield: 10-year yield has remained elevated, which is not what would be expected if the Fed was...
“Is gold any good as a currency?”
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 8 Apr.Yields move higher but USD shifts down marginally.
The economic calendar and speakers calendar in the US session was light. The NY Fed inflation expectations saw the 1 year measure unchanged at 3.0%, but the 3 year expectations rose to 2.9% to 2.7%. The news didn't really impact forex, but the US rates remained...
Morgan Stanley point to indications of a “no landing outcome” of the US economy
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,...
Major US indices close little changed 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,...
Economic calendar in Asia Tuesday, 9 April 2024 – Fed’s Kashkari is speaking
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 – Tuesday, 9 April, 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,...
EURGBP sellers continue to find resistance seller against the key 100 day MA
The EURGBP sellers held resistance against the 100 day MA a few weeks ago and again last week. Today, the price moved up to retest that MA once again at 0.8584 and sellers once again stalled the rally. As a result of the history, it would now take a move above that...
Crude oil futures settle at $90.38.
Crude oil futures settled at $90.38. That's down $-0.79 or -0.87%.The high price for the day reached a $87.07. The low price was at $84.72.Prices fell on hopes for decreased tensions in Israel. The US said that a new hostage release proposal was presented to Hamas....
EURUSD/GBPUSD stretch to new highs on the day. The updated technical look for the pairs.
Both the EURUSD and GBPUSD are stretching to new at-session highs.For the EURUSD, in its run higher, it is now moving further away from its 50% midpoint of the March 2024 trading range. That level comes in a 1.08522 and represents close support now for the pair. The...
A nothing burger for the eclipse in Arizona at least
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JPMorgan Chase CEO Dimon warns about over confident markets.
JPMorgan Chase will release earnings at the end of the week, but today, CEO Jamie Dimon released his annual letter to JPMorgan Chase shareholders. In Dimon in his 61-page letter said the U.S. economy has remained resilient despite his skepticism, but also warned that...
Samsung is reported to be getting $6 to $7 billion for Texas chip manufacturing expansion
Earlier today, Taiwan Semi Conductor or TSMC announced they would receive $6.6 billion in return for a promise to build a third Arizona manufacturing plant costing $25B.Now Samsung is reporting to be getting six to $7 billion for their Texas chip manufacturing...
Hamas rejects Israel’s most recent cease-fire proposal
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