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,...
Former RBA Board member on ways to lower Australian inflation (& why RBA will hike 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,...
Fed’s Kashkari says he’s not convinced FOMC rate hikes are over
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,...
BlackRock Investment Institute boss warns more downward adjustment to come in equities
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,...
JPMorgan’s Kolanovic warned that US equities rally will not persist
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,...
Biden’s key economic adviser Brainard says economy performing exceptionally well
Lael Brainard is director of the National Economic Council, or more pithily US President. ICYMI, Brainard spoke overnight in an interview, highlights crossing the new wires were:Prior to her current position Brainard was Vice-Chair at the Federal Reserve. MoneyMaker...
Forexlive Americas FX news wrap 6 Nov: Rates and USD correct higher. Stocks move higher.
The USD moved higher today in somewhat quiet trading. Fed's Cook weighed in after the meeting last week and the US employment statistics. In summary, the Fed Governor:Highlighted concerns about property prices, noting that both residential and commercial property...
China – PBOC lowered the interest rate of existing mortgage loans
An ICYMI in Xinhau on the People's Bank of China:interest rates on more than 22 trillion yuan (about 3.06 trillion U.S. dollars) of existing mortgage loans were lowered, with an average interest rate drop of 0.73 percentage points. applies to over 50 million...
Modest gains for the US indices to start the trading week
The major indices closed modestly higher to start the trading week. The NASDAQ is now up for the 7th consecutive day. The S&P and the Dow industrial average rose for the 6th consecutive day. Last week the major indices had their best week of the year.The final...
Economic calendar in Asia Tuesday, 7 November 2023: Reserve Bank of Australia decision day
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 – Tuesday, 7 November 2023
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,...
USDJPY tests 150.00. Key natural resistance level being tested
The USDJPY is testing the 150.00 levelThe USDJPY is trading at 149.97 and in the process is pushing the natural resistance at 150.00. A move above and traders will be looking toward the 150.154 level which was the high going back to early October. It is also just...
New highs for the USD, but the ranges vs majors is limited
The USD is higher vs all major currencies except the CHFThe USD is making new highs versus a number of the major currencies including the:The USD is near highs versus the CAD, AUD and NZD.The greenback is only lower versus the CHF (by -0.02%).Although the dollar is...
Crude oil futures settle at $80.82
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,...
Major indices now lower on the day
As the day works toward the close, the major US stock indices have turned into negative territory:Dow Industrial Average is down 61 points or-0.18% at 34000.61S&P index is down -9.36 points or -0.21% of 4349.01NASDAQ index is down -22.71 points or -0.71% at...
Fed senior loan officer survey: Banks tightened standards during Q3 for commercial loans
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,...
Cable falls back to flat on the day after touching ten-week high
GBPUSD dailyA worrisome candle is shaping up on the daily cable chart. The pair rose to the highest since September 14 today at 1.2428 but it's since given back all the daily gains in a fall to 1.2371 as is trading fractionally lower.The Bank of England last week...
Crude oil higher on the day. Trades within a swing area.
Crude oil trades between swing areaThe price of crude oil is trading within a range. The low for the day came in at $80.71. The high is at $82.20. The current price is trading at $81.98Looking at the daily chart, there is a swing area between $80.90 and $83.40 (see...
US Dollar Setups: EUR/USD, GBP/USD and AUD/USD Muted as Bullish Momentum Wanes
EUR/USD TECHNICAL ANALYSISEUR/USD blasted higher last week following weaker-than-expected U.S. economic data, taking out a clear barrier in 1.0670/1.0695 area. Bullish momentum, however, faded on Monday, with the pair stalling after failing to clear technical...
Xsolla Announces Game Changing Insights For The Future Of Gaming And Game Development
Xsolla, a global video game commerce company, announces the inaugural edition of "The Xsolla Report: The State of Play." This resource is designed to serve as a strategic compass for everyone involved in the ever-evolving gaming industry and game development...