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,...
RBA response from Commonwealth Bank of Australia – Interest rate cut coming in November
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,...
RBA on hold in May – next move will be a rate cut
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,...
Australian Tax Office targeting unreported crypto profits: 1.2m accounts investigation
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,...
ICYMI – Druckenmiller cut his stake in Nvidia, says “AI might be a little overhyped 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,...
Forexlive Americas FX news wrap 7 May: The USD is the strongest of the major currencies.
The US session was void of any US data today. The only economic report was the Ivey PMI index out of Canada which came out stronger than expected. Despite the gains, the CAD weakened and was one of the weakest of the major currencies. The USD today, was the strongest...
Oil – private survey of inventory shows a headline crude oil build vs. draw 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,...
Standard Chartered US$200K BTC forecast – says Bitcoin will surge if Trump wins election
ICYMI on crypto, the latest from Standard Chartered this week. Analysts at the bank point to two reasons a Trump win would be positive for Bitcoin. 1. Trump would ease back on regulating crypto: “While officials in the Biden administration have taken a relatively...
A mixed close for US stock indices today
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,...
ICYMI – Morgan Stanley expect three Fed rate cuts this year! Starting in September.
Morgan Stanley say they "remain bullish on our call for three 25bp rate cuts this year". Remain bullish? OK then. They expect the first Federal Open Market Committee (FOMC) cut in September. MS' previous forecast was for July. MS say the reason for the delay in the...
Economic calendar in Asia for Wednesday 08 May 2024 is empty
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 – Wednesday, 8 May, 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,...
USDCAD runs higher and breaks through a series of technical targets along the way.
The USDCAD has made a move to the upside today with the help of technical breaks through some key moving averages. More specifically, the.100 and 200 hour moving averages were broken near the same level at 1.3688100 bar moving average on the four hour chart was broken...
Crude oil futures settle at $78.38
Crude all futures are settling at $78.38. That is down $-0.10 or -0.13%.The high price today reached $79.13. The low price was at $78.58. At the session low,, the price briefly moved below the 50% midpoint of the move up from the December low to the April 2024 high at...
S&P index tops out at 5200 and reverses lower
The S&P has he raised it against and trades near unchangedAfter trading up to an intraday high of 5200.23 – a nice round number for the index - the S&P index has reversed to the downside and now trade near unchanged at 5180.60. At session highs, the index was...
EURUSD trades toA new low for the day/week and approaches a key target support level
The EURUSD is falling to a new session low for the day and a new low for the 2-days of the new trading week. The move lower has the pair moving downward toward its 200 bar moving average on the 4-hour chart, The broken 38.2% retracement of the move down from the March...
Fed’s Kashkari: Too soon to declare we are stalled out on inflation
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Russia’s Novak: There are no discussions about oil output increases at OPEC+
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US sells 3-year notes at 4.605% vs 4.608% WI
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 to auction off $58 billion of 3-year notes at the top of the hour
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