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,...
Middle East / Red Sea turmoil: Impact on inflation, oil prices, shipping costs
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: US dollar on the defensive
Markets:Gold up $15 to $2043US 10-year yields flat at 3.89%WTI crude down 23-cents to $73.98S&P 500 up 0.9%AUD leads, USD lagsThe late-year slide in the US dollar continued again on Thursday. One of the catalysts was the softness in core PCE in the Q3 revisions to...
US stocks rebound after the declines yesterday.
The major US stock indices are closing higher after yesterday's meltdown sent the S&P down by -1.47%, it's largest decline since September 21. The Nasdaq index down -1.50% yesterday. That was its worst day since October 26. The Dow down -1.27%, its worst day since...
Economic calendar in Asia – we get the latest Japanese 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, 22 December, 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,...
EURUSD challenges key resistance at 1.1000, eyeing November/December highs
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,...
USD/JPY Price Forecast: USD/JPY May Struggle to Find Acceptance Below the 142.00 mark
USD/JPY PRICE, CHARTS AND ANALYSIS:Most Read: US Q3 GDP Revised Lower Dragging the Dollar Index Along, Gold Rises Recommended by Zain Vawda How to Trade USD/JPY Get My Guide USD/JPY FUNDAMENTAL BACKDROPUSDJPY resumed its selloff today helped in part by a downward...
Crude oil settles at $73.89
Crude oil futures are settling at $73.89. That's down $-0.33 or -0.44%.The high price today reached $74.55. The low price reached $72.47.Looking at the daily chart below, the low price today stalled near the low from November at $72.37. That is a close support level...
The Australian dollar is in an interesting spot for 2024
AUDUSD weeklyDivergences in monetary policy often lead to long-term currency trends and that's why the Australian dollar is so interesting heading into 2024.Most global central bankers are in the midst of a pivot and the Reserve Bank of Australia will probably follow...
Baker Hughes US oil rig count -3
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,...
Heads up. Baker Hughes data out a day early 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,...
The USDJPY is back below the 200 day MA and 38.2% retracement
USDJPY falls back below the 200 day MA and 38.2% retracementThe USDJPY - over the last 6 trading days - has seen price action trade above and below the 38.2% of the 2023 trading range and the 200-day MA at 142.47 to 142.70 respectively. Yesterday, the price traded the...
AUDUSD: Surge towards resistance zone signals bullish momentum
AUDUSD heads toward target swing areaThe AUDUSD pair has reached a new daily high and is currently trading at its highest level since July 27. The price has just touched 0.6794, indicating a significant upward momentum.On the daily chart, this ascent brings the pair...
European equity close: UK stocks were the leaders this 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,...
USDCAD hits a new 4-month low, Buyers eyeing potential reversal
USDCAD trades to new 4 month low. Tests swing area.The USDCAD is trading to another new low today- taking out the low from yesterday at 1.33107. The low price reached 1.3303. That got within 5 pips of the low of a swing area I have that runs from 1.3298 to 1.33203....
KC Fed manufacturing index -4 vs -3 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,...
USD/JPY still under pressure even as yields retrace declines
USD/JPY is just off the lows of the day, down 143 pips to 142.13.It's been a volatile week for the pair as it surged following the Bank of Japan decision but has since completely retraced. The market continues to aggressively price in US rate cuts and still sees scope...
Use Cases for Decentralized Finance
Decentralized finance is the topic on everyone's mind regarding the next big application of cryptocurrencies. Now, when cryptocurrencies are widely accepted and have a large user base, decentralized finance is on the rise, and new uses are found all the time.There are...
USDCHF nears 2023 lows, Buyers lean against the floor on the first look
USDCHF stretches toward 2023 lowsThe USDCHF has stretched lower again today. Since peaking at 0.8820 on December 8 - and near the broken 61.8% of the range since the July 2023 low at 0.88167 - the pair has been trending lower (see chart above). There have only been...