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US yields come off the burner….

US yields come off the burner….

US 10 year yield is above 200 day MAThe US yields are coming off the boil that had the 10 year get within 2 basis points of the 2024 high yield of 4.196%. The high yield today reached 4.177% and is currently at 4.147%. Although off the boil, the 10 year yield did move...

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UKs King Charles has been diagnoses with cancer

UKs King Charles has been diagnoses with cancer

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,...

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The NASDAQ is clawing back declines

The NASDAQ is clawing back declines

The NASDAQ index is clawing back its declines. The index low of 15471.68 took the index down -157.27 points at session lows. It is currently down -26 points or -0.16% at 15604.76. The high price has reached 15633.86.The S&P is also taking back some of the...

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EURUSD testing the December lows

EURUSD testing the December lows

EURUSD tests the December lowThe EURUSD is extending to a new session low, and in the process is testing the December low and swing level near 1.07233. A break below that level would then target the 61.8% retracement of the move up from the October low at 1.0712. Will...

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The Pound Declines as Investors Fear a More Dovish BoE

The US NFP added a further 353,000 jobs in January 2024 and the unemployment rate remained at 3.7% for a third consecutive month. McDonald’s Earnings Report disappointed investors due to the lower revenue figure. Whereas Caterpillar rose more than 4% after beating...

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UBS pushes back Fed cut to May from March

UBS pushes back Fed cut to May from March

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,...

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