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 European FX news wrap: Franc falls on Swiss inflation miss
Headlines:Markets:GBP leads, CHF lags on the dayEuropean equities lower; S&P 500 futures down 0.4%US 10-year yields down 1 bps to 4.16%Gold up 0.4% to $2,028.43WTI crude up 0.7% to $77.39Bitcoin up 0.3% to $49,977Even with all eyes on the US CPI data later today,...
Learn More about Averaging Down or Up
Averaging down or up is a strategy used by investors in the stock market to adjust their position on a stock. It involves buying more shares of a stock when its price has dropped (averaging down) or when it has risen (averaging up), with the intention of changing the...
Forgetting Your Time Horizon
Investing can be an emotional roller coaster, complete with the heady highs of market peaks and the stomach-churning lows of downturns. In this tumultuous landscape, it's remarkably easy for investors to lose sight of their time horizon — the period they expect to...
Dollar mostly steady, awaits US CPI data
The laggard on the day is the Swiss franc, following the softer-than-expected inflation report here. USD/CHF is up 0.6% to 0.8806 now, running into a test of its 100-day moving average at 0.8807:USD/CHF daily chartBesides that, the only other mover on the session has...
Japanese Candlesticks: Insights for Forex Traders
Japanese Candlesticks have been a crucial tool for Forex traders for many years. These charting patterns offer valuable insights into market trends and price movement, enabling traders to make well-informed decisions. Our article will provide a comprehensive guide to...
US January NFIB small business optimism index 89.9 vs 91.9 prior
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,...
USDCAD Technical Analysis – All eyes on the US CPI report today
USDThe Fed left interest rates unchanged as expected while dropping the tightening bias in the statement but adding a slight pushback against a March rate cut.Fed Chair Powell stressed that they want to see more evidence of inflation falling back to target and that a...
FMAS:24 Website Now Live – Get Ready for the Premier Event in Africa
Registration is now live for Finance Magnates African Summit 2024 (FMAS:24), the year’s largest professional event bridging the B2B and B2C space. The landmark event is returning for its second year this May 27-29, helping connect regional and local providers with...
Germany February ZEW survey current conditions -81.7 vs -79.0 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,...
Gold Climbs Ahead of Inflation and the GBP Jumps on Positive Data!
The UK Claimant Count Change and Average Earnings Index both read higher than analysts’ expectations, supporting the Pound. The best performing currency of the day so far continues to be the Pound after positive economic data. However, the main price driver of the...
The Leading Online Trading Expo is Coming to Mexico
iFX EXPO LATAM 2024 is set to take place in Mexico City on April 9-11, 2024. This global online trading event is expected to be highly sought after, with over 1.6K+ companies and 3.5K+ attendees from more than 120 countries, including thousands of traders preparing to...
Equities retreat further to start the session
S&P 500 futuresOf note, S&P 500 futures are now down some 17 points, or 0.3%, on the day. In turn, European indices are also dribbling lower with the DAX down 0.6% and CAC 40 down 0.3% currently.This looks to be traders taking in some caution as we move...
German official defends economic state, argues that “we don’t have a recession”
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,...
하루 5시간만 일하는~ 5~60대 인기 정부 복지정책 일자리!
https://www.youtube.com/watch?v=MkBTN1Q62iU 오늘은 올해부터 정부에서 정책적으로 지원을 확대하면서 필요한 일자리도 같이 늘어나는 직업과 이와 관련된 자격증을 소개해 드립니다. #중장년일자리 #정부일자리 #자격증추천 MoneyMaker FX EA Trading...
Swiss franc drops on softer inflation numbers
The Swiss franc is testing the lows for the year against the euro now, following the inflation report here. The data reaffirms that price pressures in the Swiss economy is keeping just below 2% and that puts the SNB in a rather enviable position among major central...
Switzerland January CPI +1.3% vs +1.7% y/y 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,...
Pound nudges a little higher after UK jobs data
The UK jobs data here was better than expected, even though it might come with some caveat. Traders are looking past that as the pound pushes higher with GBP/USD up from 1.2620 to 1.2640 levels currently.GBP/USD daily chartThe pair had looked like it was setting out...
UK December ILO unemployment rate 3.8% vs 4.0% expected
Prior 4.2%January payrolls change 48kPrior -24k; revised to 31kDecember employment change 72k vs 73k expectedPrior 73kDecember average weekly earnings +5.8% vs +5.6% 3m/y expectedPrior +6.5%; revised to +6.7%December average weekly earnings (ex bonus) +6.2% vs +6.0%...
GBPUSD Technical Analysis – Key levels in play ahead of the UK jobs data
USDThe Fed left interest rates unchanged as expected while dropping the tightening bias in the statement but adding a slight pushback against a March rate cut.Fed Chair Powell stressed that they want to see more evidence of inflation falling back to target and that a...