In perhaps the understatement of the year, the White House is saying they do not want to see the conflict in the middle east escalate and that it has no comment on reports on Israel and Iran development.Although it is obvious the comment, the US does not want to be...
Gold on pace to close at a record level today
The price of gold is on pace to close at a new record level today. A. How close level is $2832.30 on Monday, April 15. The low this week was on Monday at $2324.42. The point today at $2417.89 was the highest price for the week. The high intraday price was reached last...
IMFs Japan Mission Chief: Weak yens impact on Japans economic growth is net positive
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,...
BOEs Mann: Central banks will have to use autonomy effectively
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,...
Baker Hughes oil rig count 511 vs 506 last week
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 indices close the week with mixed results
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,...
Rebel GOP Rep. Gosar backs push to oust Speaker Johnson
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,...
Another flush lower in stocks
With key earnings being releases next week, the Nasdaq is flushing more to the downside. Nasdaq runs from the 100 day MAThe NASDAQ index is now down -1.61% or -251 points at 15350.76.In the process, the price is running away from its 100 day moving average of 15489.71...
IMF’s Georgieva: Need to finish the job on inflation
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,...
ECB Wunsche: I dont have base case, but unlikely we cut only once in 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,...
More from BOE Ramsden: We will take into account Forex implications for inflation
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,...
As London traders look to exit, the GBPUSD is pushing lower
As London traders look for the exits, the GBPUSD has rotated back to the downside. The price is currently trading at 1.2405. The low for the day was at 1.2388 reached shortly after the Israeli attack on Iran. That is also the low for the trading week.GBPUSD moves away...
NZDUSD finds swing area support this week and also swing area resistance.
The NZDUSD has found a swing area support this week between 0.5851 and 0.58699. The trader also found swing area resistance at another swing area between 0.5933 and 0.5941. Those extremes helped to confined the ups and downs this week. Admittedly, with the price...
Japanese Yen Sentiment Analysis & Outlook: USD/JPY, EUR/JPY, GBP/JPY
Most Read: British Pound Trade Setups & Technical Analysis - GBP/USD, EUR/GBP, GBP/JPYTrading environments often tempt us to follow the herd – buying into soaring prices and selling off in moments of widespread fear. However, savvy, and experienced traders...
More Goolsbee:There are some measures in the economy, that historically don’t portend well
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,...
NASDAQ index down another 1% today
The NASDAQ index is down near 1% in trading today. The tech heavy index is now down 6 straight trading days. Nvidia shares are down -3.03%. Amazon is down -1.49%. Meta Platforms is down -2.42%. Apple is down -1.06%. If you want to buy a dip, the market is dipping.The...
More Goolsbee: We have done great on the employment mandate but not on inflation
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,...
Chicago Fed Pres. Goolsbee: Progress on US inflation has installed
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,...
IMF Kammer: ECB needs to be ready to be tighter, or looser, on my care policy
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,...
BOE Ramsden: There are likely to be bumps in the disinflation process
BOE Deputy Gov. Ramsden is speaking and says:There are likely to be bumps in the disinflation process from one month to the next.Over the last few months, I have become more confident in the evidence that risks to persistence and domestic inflation pressures are...