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,...
JP Morgan on warning signs for stocks as disinflation process stalls, and risks rise
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,...
“Irregular activity” reported in the Red Sea – multiple reports on UAS activity
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 9 Jan. Confusion reigns on Bitcoin ETF approval.
The big news for the day (or so it seemed) came at the very end of the day with the announcement that ETFs for Bitcoin were approved. But wait.. it was then announced by the SEC that the ETFs were not approved. The initial news sent the price of BTC up to high of...
The SEC will never live this down
The SEC twitter account being hacked on the eve of the expected ETF announcement is a massive blackeye for the organization that's supposed to be in charge of investor protection.OooofThe risk is that this disaster delays the actual ETF approval. I can't imagine it...
Eight reasons why a bitcoin ETF will be a ‘sell the fact’ trade
A bitcoin ETF hasn't been approved yet but all signs point to an announcement on Wednesday and trading as soon as Thursday.This will lead to something of a frenzy on CNBC with advertisers of the 11 prospective ETFs vying for supremacy in what will surely be a...
SEC says Bitcoin ETFs have NOT been approved
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,...
SEC account hacked to say bitcoin ETFs approved but it wasn’t
It's a total snafu in crypto-land as Gary Gensler says the SEC twitter account was hacked after it initially posted that all bitcoin ETFs were approved.His tweet came around 10 minutes after the SEC's official account tweeted this:For a hack, they certainly did a...
Economic calendar in Asia Wednesday, 10 January 2024 – Australian inflation data
The reading on monthly CPI from Australia today is for November. The monthly CPI data from Australia does not show all components of the CPI, that'll have to wait for the quarterly data release.The monthly CPI indicator does, however, provide a timelier indication of...
Trade ideas thread – Wednesday, 10 January, 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,...
US stocks close mixed. Nasdaq closes with a small gain
The major US stock indices are closing mixed. The Nasdaq index scraped together a small gain. The S&P and Dow both fell. A snapshot of the market currently shows:Dow Industrial Average fell -164. points or -0.45% at 37516S&P index fell moves them .26 points or...
USDJPY advances to new session highs. Price is back above the 100 hour MA.
The USDJPY has seen up-and-down price action today, and in the process, traded above and below its 100-hour MA at 144.26. The most recent run has been to the upside and with that move, the price has moved back above the 100-hour MA. So going into the new trading day,...
US crude oil futures and settle at $72.24
The price of crude oil futures are settling at $72.24. That is up $1.47 or 2.08%. The high price reached $72.93. The low price was down at $70.47. Yesterday, the price tumbled -4.12%. The gains today erased some of those declines. Looking at the hourly chart above,...
FAA:Every Boeing 737 Max 9 with a plug door will remain grounded until each can safely fly
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,...
Energy shines in markets as natural gas surges: Traders, watch this commodity 🚀
The trading week has been ablaze with action, with commodities taking the center stage. Among them, Natural Gas has been a shining star, posting a staggering +31.66% gain over the week. Here's a breakdown that combines both daily and weekly stats, making for an...
TD Securities: Tactical positioning in G10 FX market amid consolidation
TD Securities provides insights into positioning strategies in the G10 foreign exchange market, focusing on the early 2024 trend of market consolidation and highlighting potential tactical opportunities.Key Insights:Theme of Early 2024 - Consolidation:The market is...
U.S. Treasury auctions $52 billion of three-year notes at a high yield of 4.105%
High-yieldWI level at the time of the auction 4.116%tail -1.1 basis points versus 6-month average of 0.4 basis pointsBid to cover 2.67X vs 6-month average of 2.70X Dealers 17.9% versus 6-month average of 17.7% Directs 16.8% versus 6-month average of 20.1%Indirect...
The U.S. Treasury to auction off $52 billion of three-year notes at the top of the hour
The U.S. Treasury will auction off a $52 billion of three-year notes at the top of the hour. The auction is the first of three coupon options this week. Tomorrow the treasury will auction off 10-year bonds and on Thursday they will auction off 30-year bonds:The major...
ECBs Villeroy: 2024 will be the year of our first rate cuts
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,...
NZDUSD: Muddling along. Flip-a-coin as traders work through more bullish or more bearish.
In this video, I take a look at the NZDUSD from a technical perspective. Unfortunately, the ups and downs in the currency pair this week are suggestive of the "market" unsure of the directional bias. There is just a lot of ups and downs.What can be determined is that...