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Forexlive Americas FX news wrap 23 Nov: European shares higher. EU PMI data mostly higher.
As European traders head home, the trading desks around the globe are being manned with skeleton staff until the Asian session begins. Looking ahead to Friday in the APEC session:New Zealand (NZD) at 4:45 PM ETRetail Sales q/q: Expected at -0.8% (Previous: -1.0%)Core...
Gold Cautious Above $2000 on Thin, Holiday Affected Trading
Gold (XAU/USD) AnalysisGold expected to underwhelm this Thanksgiving weekend amid thin tradingXAU/USD reveals an aversion to trading above $2000 as ceasefire tests safe haven appealUSD and Treasury yields remain a factor as markets lower expectations of rate cuts next...
European major indices close higher on the day
The major European indices are ending the day higher. The gains were modest.A snapshot of the closing levels shows:German Dax, +0.23%France CAC, +0.24%UK FTSE 100, +0.19%Spain's Ibex +0.18%Italy's FTSE MIB, +0.28%For the trading week, most of the indices are on pace...
AUDUSD bounces off old ceiling (now a floor) support and rallies today. What next?
The AUDUSD fell yesterday but bounced off a key floor support near 0.6522. The move higher today has come off highs but is so far holding the rising 100 hour MA support. Staying above keeps the buyers more in control and will have traders looking toward the 50%...
German Fin. Minister Lindner: Proposal for 2023 sup. budget to include lifting debt brake
German Finance minister Lindner:German Finance Minister Lindner plans to present the supplementary budget for 2023 to the Cabinet next week.The decision regarding the 2024 budget will be made after the country has the supplementary budget for 2023 in place.Bloomberg...
USDCAD trades to new session highs but runs into the falling 100 hour MA
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,...
Germany to suspend borrowing limits for 2023 after budget ruling
Germany will suspend its borrowing limit for the year 2023.This decision comes in the wake of a budget ruling that created financial challenges.German Finance Minister Lindner is expected to officially announce the suspension of the debt brake on Thursday.Suspending...
Truce in Gaza to commence on Friday
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,...
Kickstart your FX trading for Nov 23 w/ a technical look at the EURUSD, USDJPY and GBPUSD
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,...
OPEC+ confirms the next meeting will be on November 30
The OPEC+ will indeed take place on November 30 - postponed from November 26th. Despite the announced meeting, the sellers remain in control. Oil prices are down by over 1% currently, continuing their losses from the previous session. The drop came after OPEC+...
ECBs Wunsch: My base case is now more rate hikes needed
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,...
하루 8분! 새로운 부업으로 장소 상관없이 매일 돈벌기! (현금으로 입금 됨! 집에서도 가능! 가이드 100% 제공! 바로 따라해보세요)
https://www.youtube.com/watch?v=luvDOeEVWvM 재택 부업을 비롯해, 그동안 돈버는 다양한 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 집에서 하루 8분 정도 사용해, 새로운 부업으로 매일 돈버는 방법을 소개하려고 합니다 휴대폰만 있으면 누구나 쉽게 도전해볼 수 있는 부업인데요, 영상을 보시고, 월급 외 부수입에 관심이 있으신 분은 지금이라도 당장, 가벼운 부업에 도전하셔서 조금이라도 용돈을 가져 가시길 추천드립니다 영상을 보시면, 해당 부업이...
The GBP is the strongest and the CAD is the weakest as the NA session begins
The strongest to the weakest of the major currenciesThe GBP is the strongest and the CAD is the weakest as the NA session begins. The USD is mostly lower with only modest gains vs the CHF and CAD. The greenback is weakest vs the GBP (46%) and NZD (42%) to start the...
ECB accounts: All members agreed to maintain interest rates at current levels
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,...
Citi pushes back first BOE rate cut to August next year
On the change, Citi says that national insurance rate cuts, as well as personal tax cuts, are adding to risks to inflation and that could see the BOE hold rates higher for longer. This follows the plans announced by UK finance minister, Jeremy Hunt, on Wednesday to...
ForexLive European FX news wrap: Sterling gains after PMI 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,...
하루 8분! 집에서 왕초보도 매일 돈버는 새로운 부업! (나이 학력 무관! 초간단 가이드 100% 제공! 지금 당장 따라해보세요)
https://www.youtube.com/watch?v=luvDOeEVWvM 재택 부업을 비롯해, 그동안 돈버는 다양한 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 집에서 하루 8분 정도 사용해, 새로운 부업으로 매일 돈버는 방법을 소개하려고 합니다 휴대폰만 있으면 누구나 쉽게 도전해볼 수 있는 부업인데요, 영상을 보시고, 월급 외 부수입에 관심이 있으신 분은 지금이라도 당장, 가벼운 부업에 도전하셔서 조금이라도 용돈을 가져 가시길 추천드립니다 영상을 보시면, 해당 부업이...
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The pain of higher rates will come next year and in 2025, says Amundi CIO
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,...