USDCAD runs to swing area between 1.3298 to 1.33203USDCAD is moving to a new low going back to early August. The fall takes the pair toward the swing area that was in play earlier this year. That area on the daily chart comes in between 1.3298 to 1.33203.In April and...
Video: What’s coming for markets 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,...
US weighs strikes on Houthis beyond defensive task force – report
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 Russell 2000 remains the chart to watch
Russell 2000 dailyThe Russell 2000 is the standout US equity performer today once again, up 1.8%, or 35 points. That leaves it just 12 points from the top of a series of highs over the past two years.This is such an interesting crossroads. Technically, it's stalled...
Gold Price Forecast: Bulls Seize Control on Growing Safe Haven Appeal, $2050 Up Next
GOLD (XAU/USD) PRICE FORECAST:MOST READ: AUD/USD Price Forecast: Channel Breakout to Keep Bulls in Control?Gold prices found its legs in the US session rising back above resistance at the $2040/oz level. A slightly stronger US Dollar kept Gold bulls at bay in the...
US crude oil futures settle at $73.44
The price of crude oil futures are settling at $73.44 up $0.97 or 1.34%. The high price today reached $74.44, while the low price was at $72.14.Looking at the daily chart, the low was near the low price from November bear $72.22. FInding support buyers near that level...
RBNZ Gov. Orr: Inflation remains to high.
RBNZ Orr:Inflation remains too highThe committee remains weary of ongoing inflationary surprisesInternalizing complex situation of subdued 3Q GDP, historic downgradesNeutral interest rate is now at 2.55%Then NZDUSD has traded up to test the July 27 high at 0.6273...
Bostic: There “is not going to be urgency” for Fed to back away from restrictive stance
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Fed’s Bostic: Still a ways to go on inflation even though Fed has made tremendous progress
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 day higher
Major European indices are closing higher on the day. The things are led by the German DAX and Spain's Ibex.German DAX, +0.56%France CAC +0.08%UK FTSE 100, +0.31%Spain's Ibex +0.52%Italy's FTSE MIB +0.41%As European traders look for the exit, US indices are on pace...
GBPUSD soars to new highs as European traders wrap up for the day
GBPUSD is sharply higher todayThe GBPUSD is extending back toward its earlier highs at 1.2750 as European traders look to exit for the day. The GBPUSD moved higher in the European session. The UK CBI Trends Orders for December showed a significant improvement, with...
Atlanta Fed GDPNow growth estimate for Q4 rises to 2.7%
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 moves closer to November/December highs
EURUSD buyers remain in controlThe EURUSD moved sharply higher last week helped by Fed Chair Powell's comments after the FOMC rate decision. The FOMC dot plot was also a contributing factor to the lower dollar (higher EURUSD). The upside momentum continued on Thursday...
S&P index within 0.8% of all time high close
Major US indices are trading to new session highs. For the S&P index since now within 0.8% of its all-time high closing level at 4796.57. The all-time intraday high comes in a 4818.62. The current price is trading at 4758.58 or 18 points or 0.3% (the high price...
Richmond Fed Pres Barkin: Inflation remains a focus for the Fed
Fed's Barkin (2024 voter) emphasizes that inflation remains the primary concern for the Federal ReserveSays they are now looking to balance this focus with other aspects of the Fed's mandate, considering the progress made in reducing inflation.Clarifies that the Fed's...
Dow and Nasdaq looks for its 9th positive day in a row
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US stocks set to open marginally higher
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,...
Canada industrial product prices MoM for November -0.4% versus -0.6% estimate
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Canada CPI inflation for November YoY 3.1% versus 2.9% estimate
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US housing starts for November 1.560M vs 1.360M estimate. Best since May.
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