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US DOLLAR OUTLOOK – EUR/USD, USD/JPY, USD/CADU.S. dollar, via the DXY index, eases off multi-month highs as global yields soarThe spotlight this week will be the release of the March U.S. jobs reportThis article explores the technical outlook for EUR/USD, USD/JPY and...
There is an OPEC+ meeting scheduled for Wednesday, 3 April 2024:Joint OPEC/non-OPEC Ministerial Monitoring Committee (JMMC) meetingIt'll be an online meeting, beginning at 1pm Vienna time:1100 GMT0700 US Eastern timeThe background to this is that last month OPEC+...
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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,...
US major indices sink, but close off lows. Russell 2000 led the way to the downside. The Dow and the NASDAQ closed down near 1%.A snapshot of the final numbers shows:Dow industrial average -396.63 points or -1.00% at 39170.23. At session lows the index was 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,...
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,...
Looking ahead to tomorrow, the ADP nonfarm employment change will be announced at 8:15 AM with expectations of 148K versus 140K. The ADP data has been generally weaker than the BLS data. The last six months has a high of 164K with a low of 89K. In contrast, the...
The NZDUSD moved lower yesterday and found support at a swing level off the daily chart and near a downward sloping trend line on the hourly chart.The subsequent rise today has seen the price move up to test a key hourly moving average. That moving average held...
The price of crude oil rose for the third consecutive day. Today the price rose $1.44 or 1.72% to $85.15. That took the price to the highest level since October 27, 2023.The high price today reached $85.46. The low price was at $83.85.The price of crude is above 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,...
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,...
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,...
The European stock markets were reopened today after being closed for Good Friday and Easter Monday, and sellers pushed the major indices lower.Looking at the closing levels:German DAX index fell -1.13%France CAC index fell -0.92%UK FTSE 100 fell -0.22%Spain's Ibex...
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 AUDUSD has rebounded higher today after the fall yesterday. However, the rally has stalled at a target resistance level at 0.65229. That level was s strong floor going back to November into January. Since there the price has traded more freely above and below 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,...