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,...
More Cleveland Fed Pres. Mester: Does not believe US is moving to only large bank model.
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,...
Qatar PM Al Thani: Hamas response in negotiations is positive, make Qatar optimistic
There is a headline that Qatar PM says:Hamas response in negotiations is positive and that makes Qatar optimistic.There is no further details.The price of oil moved lower initially to $73.44 but has rotated back to the upside at $73.73. That's up $0.94 or 1.29%.The...
Josh Brown on CNBC puts the kibosh on the stock market…well Nvidia. Sells 20% of Nvidia.
The CNBC Half-Time show does have the ability to shift bias in the market or in some stocks. Josh Brown started the show by saying that he sold 20% of his Nvidia stock. The price was down on the day but has since moved to new session lows and currently trades down...
USD moves lower. Greenback at new lows vs GBP, JPY, and CAD
As London/European traders look for the exit, the USD is ready to new lows versus the GBP, JPY and CAD (the dollar is also moving lower vs other pairs). Helping is the fall in yields. The 2 year is down -5.6 basis points. The 10 year is down -6.0 basis points. In this...
Fed’s Mester: Monetary policy is in a good place. Fed can cut later this year.
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,...
European shares close higher on the day. Gains led by the UK FTSE.
The major European indices are closing higher on the day with the gains led by the UK FTSE 100. A snapshot of the closing levels shows:German DAX, +0.76%France CAC, +0.65%UK FTSE 100, +0.90%Spain's Ibex, +0.62%Italy's FTSE MIB, +0.58%Euro STOXX index +0.60%As...
Treas Sec.Yellen:US Budget doesn’t need to be balanced to be on fiscally sustainable path
US Treasury Secretary Yellen is on a wires saying:US budget does not need to be balanced to be on a fiscally sustainable pathCritical to reduce deficits to stay on fiscally sustainable pathWe are not looking for a capital increase at World Bank at this time.US is...
America’s Rising Debt Levels: A Closer Look by NY Fed
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,...
AUDUSD moves higher after RBA keeps tightening option in play, but resistance stalls rally
The AUDUSD moved higher after the RBA kept the door open for tightening. Inflation remains a concern (4.1% CPI). The RBA would like to see the inflation rate to move to between 2-3%, and would then like to be confident that the rate will stay near that level before...
S&P and NASDAQ indices tip into negative territory
Both the S&P and NASDAQ habit dipped into negative territory.S&P index tested the all-time high closing levelFor the S&P, the high price reached 4957.77. That was it just short of the all-time high closing level at 4958.62. Staying below that level is a...
Geopolitics: Former US Pres Trump does not have presidential immunity. Can be put on trial
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 continues to have some trouble at 2024 high. Sellers are leaning against the high.
The USDCAD moved sharply higher yesterday and on Friday as yields moved higher in the US. However after moving up to test the January 17 high at 1.35411, and extending to 1.3543, sellers leaned in front that the price lower for the 1.3504 level in the Asian session...
Canada Ivey PMI index for January 56.5 versus 56.3 last month
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 stocks trading higher in early trading
The major US stock indices are trading higher on the day with the Dow 30 stocks doing better today. A snapshot of the market currently shows:Dow Industrial Average up 132 points or 0.34% at 38509S&P index up 12.19 points or 0.25% at 4955NASDAQ index up 41.16...
The USDCHF is up for the third day in a row & buyers on the daily chart are taking control
The USDCHF is up for the 3rd day in a row and in doing so, the buyers are taking more control. More specifically, the price is moving above and away from the 38.2% of the move down from the September high. That level comes in at 0.86805 and in trading today, the price...
Kickstart your FX trading day with a technical look at the EURUSD, USDJPY and GBPUSD
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,...
Why is online trading popular?
Online trading has become a phenomenon in the global marketplace, revolutionizing the way traders and investors access markets. This surge in popularity is due to various compelling reasons that appeal to both novices and seasoned market...
Who is the fastest broker?
When it comes to trading, the speed at which a broker can execute trades is a crucial factor for many investors, particularly those who engage in day trading or high-frequency trading strategies. A broker’s speed can significantly impact the profitability of trades,...
Canada Building permits for December -14.0% vs 1.8% estimate
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,...