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,...
Mixed open for the major indices. Dow lower. Modest gains for S&P and Nasdaq.
The major US stock indices are opening with mixed results. The Dow Industrial Average is down as 3M disappoints with their guidance (-9.46%). The S&P is up modestly as is the NASDAQ index. Yesterday both the S&P and the Dow industrial average closed at record...
Kickstart your FX trading for January 23 w/ a technical look at the 3 major currency pairs
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 sell-the-fact trade continues in bitcoin; Ether plunges
Bitcoin is now down more than 20% from the peak reached just minutes after the new slate of ETFs began trading. Bitcoin chartSupport at $40,000 held several times last week but broke yesterday and the selling has continued today.So far, the ETFs have only proven to be...
USDJPY technical analysis: Bullish move expected as key indicators signal potential ATH
In a recent video, Itai Levitan provided an in-depth analysis of the USDJPY pair, expressing a bullish outlook for the currency pair. He pointed to several technical indicators that suggest the pair is poised for a breakout to new all-time highs.Key Technical...
Philly Fed services index -3.7 vs +2.1 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,...
Canada Dec new housing price index 0.0% vs -0.2% 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,...
ForexLive European FX news wrap: Yen gains on Ueda presser, then gives it all back
Headlines:Markets:AUD leads, EUR lags on the dayEuropean equities slightly lower; S&P 500 futures flatUS 10-year yields up 3.4 bps to 4.128%Gold up 0.2% to $2,025.89WTI crude down 0.7% to $74.25Bitcoin down 2.3% to $38,903The Japanese yen was an active mover on...
Treasury yields hold higher so far on the day
US Treasury 10-year yields (%) daily chartThis is in part what is helping to keep the dollar from breaking down further earlier today. The greenback is now trading more mixed but keeping largely steadier against the European currencies. EUR/USD was up to 1.0915...
USDCAD Technical Analysis – Key breakout in sight
USDThe Fed left interest rates unchanged as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. The latest US CPI slightly beat expectations but analysts expect the Core PCE to print at 0.2% M/M again following...
USD/JPY recovers after the post-BOJ drop earlier
The low earlier hit 146.97 on BOJ governor Ueda's press conference but the pair is now trading near 147.85 on the day. Besides a move higher in bond yields, there's not much else driving the rebound in USD/JPY. The earlier dip is largely driven by flows in the heat of...
GBPUSD Technical Analysis – Key trendline in sight
USDThe Fed left interest rates unchanged as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. The latest US CPI slightly beat expectations but analysts expect the Core PCE to print at 0.2% M/M again following...
Bitcoin falls further after break under $40,000 mark
Bitcoin (BTC/USD) daily chartThe price is now down 1.6% on the day to $39,100 and threatens a much steeper drop below the $40,000 mark. This comes as we are seeing a test up against its 100-day moving average (red line) of $39,230 and a break of that will see sellers...
Loan demand by euro area firms fell again in Q4 2023 – ECB survey
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,...
Market Recap: Asia stocks higher; Yen up post Ueda’s comments
Economic Indicators & Central Banks: China: Reports that Chinese officials are looking into a rescue package for the beleaguered stock market has given Asian equities, and particularly the Hang Seng, a big lift. Sources suggest authorities are proposing some $278...
Central Banks Overview: Investors are Poised For an Eventful Week Ahead
● The Bank of Japan (BoJ), the Bank of Canada (BoC), and the European Central Bank (ECB) will announce their policy decisions and issue the latest monetary statements on 23 – 25 January.● Investors and traders will finally get some fresh clues on the future path of...
Light gains for European equities to start the session
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,...
89가지 정부지원금! 지금 바로 신청하세요! 가장 먼저 알려드려요!
https://www.youtube.com/watch?v=4V_aKTrrHCY 오늘은 그동안 신청한 사람만 받을 수 있었고, 모르면 그냥 지나칠 수도 있었던 정부의 복지 정책들을 이제는 쉽게 확인해서 놓치지 않고 받을 수 있는 방법을 소개해 드립니다. #정부지원금 #2024년 #지방자치단체보조금 #복지제도 MoneyMaker FX EA Trading...
FX option expiries for 23 January 10am New York cut
There aren't any major expiries to take note of for the day. As such, markets will be left to their own devices with the key stories so far being China's ¥1 trillion backstop to save the stock market and a more hawkish tone by BOJ governor Ueda in his press...
BOJ’s Ueda: Policy change is possible even when there is no update to quarterly outlook
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,...