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 Dollar Reverses Lower Before US CPI, Setups on EUR/USD, GBP/USD, USD/JPY
Want to know more about the U.S. dollar's technical and fundamental outlook? Find all the insights in our Q1 trading forecast. Grab your copy now! Recommended by Diego Colman Get Your Free USD Forecast Get My Guide Most Read: Markets Q1 Outlook - Gold, Stocks,...
Bitcoin hits $47,000 as ETF fever builds
I ran a poll earlier today and the results so far have shocked me.I would put the odds at 99% and would have thought that a community of market watchers would have put it at least at 85%.Perhaps as the news continues to hit and bitcoin grabs more headlines, there will...
Fed’s Bostic: Rise in unemployment has been ‘far less’ than would be typical
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,...
GBPUSD moves up to toward recent highs and finds willing sellers
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,...
EURUSD continues bullish surge, eyeing retracement target after breaking key resistance
The EURUSD has had a string of 5-up bars on the hourly chart in the late London morning session/early US session. The run to the upside has seen the price extend away from the falling 100-hour MA at 1.0939 and into and above a swing area between 1.0965 and 1.0975. The...
European equity close: Weak start, good finish
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,...
Wednesday circled for Bitcoin ETF decision. What happens next?
All signs point to a bitcoin ETF approval this week.A number of would-be issues published expense ratios, with Blackrock (which is obviously going to win) flagging 0.3% with a discount to 0.2% until an AUM number is it.Kate Rooney on CNBC just now said "its looking...
NY Fed one-year inflation expectations fall to the lowest since January 2021
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 dollar slides as bonds continue to attract bids
The US dollar is at the lows of the day across the board, led by an 80 pip decline in USD/JPY. The leg lower was kicked off by falling oil prices which weighed on Treasury yields and also helped to boost equities.It's resulted in a risk-positive environment that's...
USDCHF moves lower and cracks below MA levels
The USDCHF has moved lower in the early US trading session and has moved below its 100-hour moving average at 0.8503 and it 200-hour moving average 0.8479. Getting below those moving averages is a more bearish play. The next targets, come at the low from Friday and...
US December employment trends 113.15 vs 113.05 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,...
🚀 Is Boeing Stock a Buy?✈️ I bet it is at this price level… Be patient, ready to Boom.
Join our flight with ForexLive.com as we dive into the stock market to determine if Boeing is ready for your portfolio's liftoff! 📈 🏢 Our seasoned technical stock analyst believes Boeing is poised for takeoff, especially at an enticing price point of $190! 🤑 🖥️ Using...
Oil is the tail that’s wagging the dog today
WTI crude prices are down 5% today in a rout that's followed Saudi Arabia's move to lower the official selling price for February-loadings of Arab Light oil to Asia by $2 a barrel.The move has increased concern that the market is oversupplied in Q1, which is...
Major US stock indices are opening the week mixed. Dow lower. S&P and NASDAQ higher
The major US stock indices are opening with mixed results. The Dow Industrial Average is lower while the S&P and NASDAQ indices are higher. A snapshot of the market currently shows:Dow Industrial Average -110 points or -0.30% at 37356S&P index +11.77 points or...
Start your FX trading on January 8 with a technical analysis of EURUSD, USDJPY, and GBPUSD
As the week gets started there is a lack of commitment from traders today as the price moves up and down in the EURUSD, GBPUSD and USDJPY. EURUSD. The EURUSD sellers had their shot earlier today, falling below its 50% midpoint of the December trading range. That level...
Eyes are on the bond auction schedule this week
The first significant supply of Treasuries comes to the market this week, with a trio or auctions starting on Tuesday.All the auctions are at the usual time at 1 pm ET:Tuesday $52 billion in 3sWednesday $37 billion in 10sThursday $21 billion in 30sTreasury yields have...
The EUR is the strongest and the AUD is the weakest as the NA session begins
The strongest to weakest of the major currenciesAs the North American session begins, the EUR is the strongest and the AUD is the weakest. The USD is mostly higher in the morning snapshot. Admittedly, the major currencies are largely scrunched together. The order can...
Dismal economic calendar greets North America traders
Happy Monday.Or at least it's a happy one if you hate economic data and central bank speakers. Last week was a busy one due to a full data slate but today will be a further chance to digest non-farm payrolls and the ISM services data because there's nothing on the...
ForexLive European FX news wrap: Dollar keeps steadier, equities remain cautious
Headlines:Markets:JPY leads, AUD lags on the dayEuropean equities mostly a little lower; S&P 500 futures down 0.1%US 10-year yields up 1.7 bps to 4.058%Gold down 1.3% to $2,019.64WTI crude down 2.7% to $71.75Bitcoin up 2.2% to $44,945It was a quieter session after...