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,...
China shares: fears mounting of another crackdown slump – “We’ve seen this picture before”
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,...
JP Morgan forecasts Bank of England to cut rates in August 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,...
RBC’s bull case forecast for 2024 year end S&P 500 is 5300
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,...
New Zealand data – December manufacturing PMI plunges to 43.1, from 46.5
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,...
Swiss National Bank President Jordan spoke at Davos, emphasized the role of central banks
SNB President Jordan spoke overnight, with no remarks on his economic outlook nor on monetary policy.He did comment on the Swissy the day before (in and interview with Bloomberg TV) when he said that the rise of the CHF has become significant enough in recent weeks to...
Forexlive Americas FX news wrap: Jobless claims offer ammunition for the hawks
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,...
Broader US indices snap 2-day slide. NASDAQ leads the way.
The major US stock indices are closing near highs for the day. Wall Street Journal's Timiraos tweeted that the core PCE was likely to be tame when released on January 26th with the 12-month, 6 month and 3-month trends moving lower (see post here). The Dow industrial...
Economic calendar in Asia, Friday 19 January 2024 – Japan inflation data
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,...
Trade ideas thread – Friday, 19 January, insightful charts, technical analysis, ideas
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,...
ETF buyers caught holding the bag as bitcoin nears $40,000
Bitcoin is down $2000 today or 4.5% as the selling after the ETF debuts continues. Bitcoin rose as high as $49051 in the hour after the 11 US bitcoin ETFs were launched but a 'sell the fact' trade quickly emerged and it's been downhill ever since.Today bitcoin held at...
Crude oil settles at $74.08
The price of crude futures settled the day at $74.08. That's up $1.52 or 2.09%. The high price reached $74.19. The low price was at $72.10. The current price traded $73.89.US inventory data was mixed, but there were increased geopolitical risks from activity in the...
NZDUSD tests, but can’t break a cluster of support
The NZDUSD trended lower into yesterday's trade, but after reading it at 200 day moving average near 0.60901, and a swing area between 0.6078 and 0.6085, the selling baby in the price corrected the upside. That move to the upside took the price to an Asian session...
US stopgap bill to avert shutdown secures enough votes to pass
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,...
WSJ Timiraos: Core PCE modeling points to the downside
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,...
Stocks giving up gains. S&P up marginally now.
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,...
White House: US launched additional strikes at Houthi anti-ship missiles
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 treasury sells $18 billion of year TIPs at a high yield of 1.810%
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,...
White House: Iran attack was another example Iran’s destabilizing behavior in the region.
The geopolitical situation in Israel/Gaza along with the Russia Ukraine (and China/Taiwan), are risk events that could upset apple carts in 2024. In Israel, risks come from Iran's involvement, supply shocks from the Houthi terrorism in the Red Sea, and the general...
US Dollar Stands Tall, Technical Setups on USD/CAD and AUD/USD
US DOLLAR FORECAST – USD/CAD. AUD/USDThe U.S. dollar has rebounded recently, as traders have scaled back overly dovish interest-rate cut expectationsCurrent market dynamics may have room to consolidate in the near termThis article focuses on the technical outlook for...