The US NFP added a further 353,000 jobs in January 2024 and the unemployment rate remained at 3.7% for a third consecutive month. McDonald’s Earnings Report disappointed investors due to the lower revenue figure. Whereas Caterpillar rose more than 4% after beating...
Fed’s Goolsbee: March cut is unlikely (but does not rule it out either)
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,...
ISM nonmanufacturing PMI for January 53.4 versus 52.0 estimate
ISM nonmanufacturing indexPrior month 50.5ISM nonmanufacturing PMI 53.4 versus 52.0 estimateNonmanufacturing business activity January 55.8 vs 55.8 lastEmployment.50.5 vs 43.8 last monthNew orders 55.0 vs 52.8 last monthPrices Paid 64.0 vs 57.4 last monthOther...
UBS pushes back Fed cut to May from March
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,...
S&P Global services PMI for January (final) 52.5 versus 52.9 per limitary
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 stocks open lower on the day. Dow Industrial Average the weakest.
US stocks are opening the day to lower with the Dow Industrial Average leading the way. Chairs McDonald's are down -2.83% after earnings. Shares of Boeing are down -2.81% after were problems with quality control. A snapshot of the market is showing:Dow Industrial...
USDCAD price is looking up. Breaks above its 200 day MA. Stay above is more bullish
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,...
Caterpillar CEO: Overall demand remains healthy
Caterpillar announced earnings today:EPS $5.23 versus expected $4.75revenues $17.1 billion versus $17.1 billion expectedIn addition, the company said that fiscal year 2024 revenues seen broadly similar to 2023 (+0.5%).The company CEO is now saying:Overall demand...
The USD is king. The kickstart video looks at the EURUSD, USDJPY and GBPUSD.
The USD is stronger in trading today as US yields move higher. The US two-year yield is up six basis points while the 10-year is up nearly 10 basis points on the day. That comes after gains on Friday after the stronger-than-expected US draft report.Technically, the...
USDJPY technical analysis, 149.6 next station, do not short
USDJPY still afloat and strong amidst market currentsWelcome to ForexLive.com, where we dive deep into the currency markets, providing you with the latest analysis, insights, and forecasts. Today, we're focusing on the USDJPY pair, a hot topic among traders and...
Fed’s Kashkari: Policy has tightened a lot. How tight is it?
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,...
Leverate and Intivion Join Forces to Revolutionize Brokerage Technology Solutions
Leverate, a global technology leader serving FX, CFD, and Crypto brokers, proudly announces its strategic partnership with Intivion, a specialist in CRM solutions tailored for forex, CFD, and Crypto brokerages. This collaboration marks a significant milestone in the...
Fed’s Kashkari: Higher neutral rate means monetary policy may not be as tight as thought
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,...
Mastering the art of trading: Futures vs Index vs ETF, example ES vs SPX vs SPY
What is the difference between futures, index and ETFSo, should you trade futures, an index of stocks, or an ETF... That is a very typical and legit question and I will explain the differences, the pros and cons. Welcome to the dynamic world of financial markets,...
ForexLive European FX news wrap: Dollar carries over Friday gains amid higher yields
Headlines:Markets:USD leads, GBP lags on the dayEuropean equities lightly higher; S&P 500 futures down 0.2%US 10-year yields up 6 bps to 4.092%Gold down 0.7% to $2,024.37WTI crude down 0.7% to $71.78Bitcoin up 0.3% to $43,102It was a quiet session as we settle...
전국, 전국민! 2월 8일까지 선착순! 최소 2만 7천원 돌려받으세요~
https://www.youtube.com/watch?v=tNJmLSv5S_4 정부에서 과일을 싸게 구입할 수 있는 대책과 함께 설을 앞두고 특별한 헤택을 발표했습니다. #설명절지원금 #환급 #캐시백 #정부지원금 MoneyMaker FX EA Trading Robot
Stock market forecast, Nasdaq futures to 18k, to a failed breakout, then down
🚀 Stock market forecast: My spicy opinion for pro traders and newbies alike! 📈🌶️Hello, everyone! It's Itai Levitan here, bringing you a sizzling stock market analysis and forecast, straight from the dynamic world of ForexLive.com. Whether you're a seasoned trader or...
Dollar begins to flex its muscles on the session
Both the euro and pound are now down 0.3% against the dollar on the day. While EUR/USD is poised for a downside break, GBP/USD looks to be doing the same as it trades below 1.2600 currently:GBP/USD daily chartThe pair had been holding in between a range of 1.2600 to...
OECD raises global growth prospects amid strengthening US 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,...
Eurozone December PPI -0.8% vs -0.8% m/m expected
Prior -0.3%On the year itself, producer prices declined by nearly 9% but it owes largely to a drop in energy prices i.e. base effects. Looking at the details, only the prices for intermediate goods (-4.9%) declined alongside energy prices (-27.5%) last year. Instead,...