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,...
Reserve Bank of Australia Governor Bullock speaking imminently – live link
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,...
Barclays forecasts higher 2024 European equity prices, receding rates pressure, threats
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 20 Nov: The USD moves lower as rates ease
The USD moved lower today - only outpaced by the CAD as the weakest of the major currencies. The JPY was the strongest. The strongest to the weakest of the major currenciesOver the weekend Pimco said they were moving into the JPY on expectations that the Bank of Japan...
Which economic indicators are the true predictor of the US election outcome
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,...
New Zealand sees rising exports in October trade 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,...
Tech stocks soar as Microsoft and Nvidia reach record highs
The major stock indices have a solid/positive start to the trading week. The surge to the upside was largely driven by Microsoft's rally following the hiring of key artificial intelligence executives, including Sam Altman, former head of OpenAI, and Greg Brockman,...
Asian Economic Calendar: Key Events and Consensus Expectations for 21 November 2023
While the focus is on the RBA's Bullock and then the minutes of the November meeting the upcoming December 5 meeting of the Bank is not considered 'live'. The likelihood is the RBA will await the next official quarterly CPI data, due on January 31 2024 just ahead of...
Trade ideas thread Tuesday, 21 November 2023, 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,...
ECBs Villeroy: We should and can avoid recession. They soft landing path is more likely
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,...
A technical look at the major currency pairs as markets head toward the new trading day
In this video, I take a technical look at all the major currency pairs including the:EURUSD, USDJPY, GBPUSD USDCHF, USDCAD, AUDUSD and NZDUSD) and discuss the bias, control, risk and targets as we head into the close of trading on November 20, and look toward the new...
AUDUSD breaks above an upside ceiling. Staying above is more bullish for the pair.
The AUDUSD moved higher in the early Asian session and in the process extended above the top of a ceiling area between 0.6500 and 0.65229. The momentum above that level took the price to a high of 0.65625 before stalling over the last 5 hours with that level as a new...
WTI crude oil futures settle at $77.60.
Crude oil futures are settling the day at $77.60. That's up $1.71 or 2.25%. On Friday, the price of crude all rebounded 4.04%. However, for the trading week, the price was still down -1.46%.The high for the day reached $78.46. That took the price above its 200-day...
BOE Bailey: Far to early to be thinking about 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,...
NASDAQ index now up 1%
The solid 20-year bond auction has helped to push stocks even higher. The NASDAQ index is now up 1% at 14266.38. That takes the index to within 1.28% of its high for the year of 14446.55. That high was reached on July 19.The all-time high for the NASDAQ index was...
US treasury auctions office $16 billion of 20 year bonds at a high yield of 4.780%
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,...
Oil Price Forecast: Recovery Continues as Expectations for OPEC Cuts Grow
OIL PRICE FORECAST:Oil Recovery Now Up 7%+ from Last Week's Lows with $80 a Barrel Now in Sight.Speculation Continues to Mount Around Further Supply Cuts from OPEC+ as the Organization Meets Later this Month.Technical Hurdles Ahead May Prove Insignificant as Sentiment...
The US treasury will auction off a $16 billion of 20 year bonds at the top of the hour
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,...
EURUSD and GBPUSD surge to new highs as European traders wrap up the day
As London/European traders look to exit for the day, both the EURUSD and GBPUSD are making new session highs.For the EURUSD, the pair has moved to a new session high of 1.0951. That took the price above the high of a swing area between 1.09255 to 1.09438. On the top...
Fed’s Barkin: Not a big time for offering forward guidance. Will respond to data.
Fed's BarkinFed's Barkin speaking on Fox Business:Not a big time for offering forward guidance.Fed will respond to data.Overall core inflation numbers are coming down nicely, but I lot of that is for goods.Business contacts on the ground report they are still raising...