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US Q4 GDP (second reading) +3.2% vs +3.3% expected

US Q4 GDP (second reading) +3.2% vs +3.3% 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,...

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Bitcoin looks to test the $60,000 natural target

Bitcoin looks to test the $60,000 natural target

Bitcoin just reached a high of $59,992, just short of the natural resistance target at $60,000.In a video yesterday, i spoke to the pair and outlined that a move below - and staying below - the 200 bar MA on the 5-minute chart was needed to give the sellers something...

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US GDP and trade balance data coming up next

US GDP and trade balance data coming up next

It's Wednesday and markets are in something of a bad mood with US equity futures lower, yields down and the US dollar strengthening across the board.The main event on the economic calendar today is the 2nd reading on US Q4 GDP. It's not a big market mover but the...

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FX option expiries update for 28 February 2024

FX option expiries update for 28 February 2024

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,...

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Equities stumble lower, S&P 500 futures down 0.5%

Equities stumble lower, S&P 500 futures down 0.5%

European indices are lower but not seeing as heavy losses as US futures though for now. The DAX is still up 0.1% with the Eurostoxx and CAC 40 both down by only 0.1% so far. But the UK FTSE is down 0.5% while the IBEX is down 0.3% on the day. The main drag though is...

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Dollar stays bid so far in European morning trade

Dollar stays bid so far in European morning trade

The dollar is higher across the board so far on the session as it gradually gains further ground today. EUR/USD is now down 0.3% to 1.0809 while USD/JPY is up 0.2% to near 150.80 at the moment. The latter is in an interesting spot as it nears the highs this...

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RBNZ Says No More Hikes, NZD Crashes More Than 1%!

The Reserve Bank of New Zealand takes a more dovish tone as the economy’s cracks start to show. The New Zealand Dollar declines against all currencies. Against the Pound the NZD trades 0.83% lower and it has fallen more than 1.00% against the Dollar. The US Dollar...

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🚘새로운 단속 장비 개발!! 3월부터 시작합니다.

🚘새로운 단속 장비 개발!! 3월부터 시작합니다.

https://www.youtube.com/watch?v=NFcdnTdjTtA 2월 말부터 4월 말까지 11가지의 교통 위반 행위에 대해 집중단속을 합니다. 새로운 단속 장비하고, 정확한 단속 기준과 올바른 운전 방법 확인하셔서 억울하게 과태료 내는 일 없으시면 좋겠습니다. #꼬리물기단속장비 #교통법규 #과태료 MoneyMaker FX EA Trading...

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FX option expiries for 28 February 10am New York cut

FX option expiries for 28 February 10am New York cut

There are some big ones to watch out for, as highlighted in bold. But first, please take note that the expiries for Thursday and Friday are just a tentative indication. The notional amounts could very well differ from what I have from the source, as it has not been...

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Another slower session beckoning for European traders

Another slower session beckoning for European traders

In the FX space, the kiwi is the main mover so far today after the RBNZ policy decision. NZD/USD is weighed down by nearly 1%, as the dollar is also keeping steadier across the board. The greenback is just a tough higher on the day thus far but the ranges are still...

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