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)
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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,...
BOE rate cut bets pared back after the headlines today
And that is pared back from around the middle of next year before this. So, what changed? I detailed some thoughts earlier in my post about GBP/USD:"For one, there are a couple of things to be mindful of with the UK headlines today. With regards to the PMI data, the...
Cable looks to shake off key resistance region in latest push higher today
GBP/USD daily chartThe pound is finding comfort from the better-than-expected UK PMI data earlier here, with GBP/USD now rising up by 0.5% to 1.2550 levels. The thing to note about the rise today is that perhaps buyers are looking to be able to shake off key...
McDonald’s Looks to Double Chinese Presence Boosting the US30!
US30 The best performing index on Wednesday was the US30 which rose to its highest price since August but is not yet at its peak like the US100. Due to it not breaking previous resistance points and trading at an all-time high, investors may be more comfortable...
USDCAD Technical Analysis – We are at a key support
USDThe Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement.Fed Chair Powell stressed once again that they are proceeding carefully as the full effects of policy tightening have yet to be felt.The recent US CPI...
UK November flash services PMI 50.5 vs 49.5 expected
Prior 49.5Manufacturing PMI 46.7 vs 45.0 expectedPrior 44.8Composite PMI 50.1 vs 48.7 expectedPrior 48.7UK business activity shows a marginal growth in November, the first in three months, as both services and manufacturing sector activity picked up on the month....