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 tries to take a step lower and fails.
The USDCHF moved lower earlier today help by the comments about phasing in tariffs from the Trump administration. The move to the downside from a technical perspective saw the price move below its 100 hour moving average (blue line on the chart below). However, that...
Fed Schmid repeats comments from Jan 9. Second verse same as the first
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,...
A Short on TSLA Stock
TSLA Stock Short Trade Plan: January 14, 2025Disclaimer: This trade plan is designed for educational purposes only. Traders should assess their own risk tolerance and financial situation before proceeding. All trades are at your own risk.TSLA deliveriesTrade Plan...
Tech sector steadies while auto manufacturers accelerate: A look at today’s market dynamics
Stock heatmap by FinViz.com Tue, 14 Jan 2025 14:46:02 GMT📈 Tech and Auto Sectors Propel Market MovementsThe US stock market exhibits a dynamic equilibrium with technology giants maintaining stability while the auto sector accelerates. Sectors such as semiconductors...
US stocks move higher as the day gets started
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,...
French Bayrou: Absolutely vital to reform the pension system
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,...
Euro FX Futures Analysis for Today
TradeCompass: Euro FX Futures Analysis – 14 January 2025Financial Instrument: Euro FX Futures (EUR/USD Futures)Price at the Time of Analysis: 1.0245Key Levels and Trade Scenarios for Euro FX Futures TodayBullish Above: 1.0293Why Bullish Above:If Euro FX Futures rise...
US stocks maintain gains in premarket trading but off post PPI highs
The major US stock indices are maintaining gains in premarket trading but levels are off the post PPI highs. The NASDAQ index is looking to snap a four day losing streak.A snapshot of the market implied by the futures shows: Dow industrial average +141S&P index...
UK Chancellor Reeves: UK remains committed to fiscal rules at all times. GBPUSD still down
UK Chancellor of the Exchequer Rachel Reeves is being grilled by members of Parliament today. Yields in the UK have been surging with the high yield reaching 4.905% this week. That is the highest level since 2008. At the same time, the GBP has been moving lower....
Geopolitics: Israel/Hamas cease-fire could be struck as soon as Tuesday or Wednesday
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,...
Reuters poll: US 10 year yield is likely to surpass 5% mark in 2025
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,...
British Pound Futures Analysis for Today
TradeCompass: British Pound Futures Analysis – 14 January 2025Financial Instrument: British Pound Futures (GBP/USD Futures)Price at the Time of Analysis: 1.2158Key Levels and Trade Scenarios for British Pound Futures TodayBullish Above: 1.2215Why Bullish Above:If...
US PPI final demand for December 0.2% versus 0.3% estimate. YoY 3.3 % vs 3.4% est
Prior month PPI Final demand MoM 0.4%. YoY prior month 3.0%PPI Final Demand MoM 0.2% vs estimate 0.3%PPI Final Demand ex food/Energy 0.0% vs. estimate 0.3%PPI Final Demand YoY 3.3% estimate vs est. 3.4% PPI Final Demand ex food/energy 3.5% vs est 3.8% the3.5%. prior...
US PPI and Fedspeak to dominate the news today
The US PPI data for the month of December will be released at 8:30 AM ET. Estimates showPPI Final Demand MoM estimate 0.3% versus 0.4% last monthPPI Final Demand X food/Energy estimate 0.3% vs 0.2% last monthPPI Final Demand YoY estimate 3.4% vs 3.0% last monthPPI...
Forexlive European FX news wrap: Awaiting the US PPI report
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,...
Are there more reasons for the market’s decline?
Over the past month, the S&P 500 chart has begun to resemble a roller coaster, with more dips than rises, resulting in a decline of about 3.8%. As for small caps, the Russell 2000 index, which helps gauge overall risk aversion in the market, fell 6.8%. Finally,...
US December NFIB small business optimism index 105.1 vs 101.7 expected
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,...
Bond yields slightly off the highs but the pressure remains
10-year Treasury yields are down today to 4.77% and that is just slightly off the high from yesterday of 4.80%. It is holding at its highest levels since November 2023 and all eyes are on whether or not we will see yields touch the critical 5% mark. That marked the...
Ethereum Futures Analysis for Today
TradeCompass: Ethereum Futures Analysis – 14 January 2025Financial Instrument: Ethereum Futures (ETH Futures)Price at the Time of Analysis: 3240Key Levels and Trade Scenarios for Ethereum Futures TodayBullish Above: 3315Why Bullish Above:If Ethereum futures rise above...