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Nasdaq is approaching the all-time high close at 16057.44.While the Dow 30 index is lower, and the S&P is morbidly higher by 0.12%, the NASDAQ index is stretching to a new session high at 16045.34. That is getting closer to the all-time high close at 16057.44....
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,...
This is the perfect 2024 headline:"Apple Cancels Work on Electric Car, Shifts Team to Generative AI"That's how Bloomberg summarizes its latest on Apple. The story illustrates how the world's second-largest company is abandoning an industry that once held great promise...
Credit Agricole's recent analysis leverages their month-end fixing model to anticipate moderate USD selling across various currency pairs, with a particular focus on long AUD/USD and short USD/CAD positions as we approach the month's end. This projection is informed...
WTI dailyWTI crude is higher by more than $1 after a Reuters report said OPEC+ will consider extending voluntary oil output cuts into Q2. More importantly, the report said the cuts could be kept in place until year end.The report cites three unnamed sources.Current...
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,...
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,...
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,...
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,...
The price of bitcoin is hot. It is red hot. From the low yesterday at $40,900, the price has moved to a high today of $57,449. That is a pretty healthy move in a short period of time. Looking the RSI, it is higher and in overbought conditions. The RSI is even...
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,...
Net shorts in the Japanese yen have recently expanded and that could convince the Bank of Japan that now is the right time to hike rates, according to MUFG."We still believe that the BoJ is setting the stage for an exit from negative rates which could come as early as...
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,...
🚀 S&P 500 technical analysis for 27 Feb 2024 | Price levels to watch 📈Welcome to our latest video, where we dive deep into the S&P 500 futures with a technical analysis that can't be missed. Join Itai Levitan right here at ForexLive.com as we uncover the...
It's month-end so it's no surprise to see month-end flows driving the forex market today. The US dollar strengthened ahead of the London fix today and then quickly gave it back.The timing of the move suggests it was flow-driven rather than fundamentally drive. If...
EURUSD stalls @ 38.2% retracement at high & 100H MA at lowThe EURUSD rose in the late Asian/early European session, and in the process tested it 38.2% retracement of the move down from the December high. That level comes in at 1.0864. Recall from last week, that...
The RBNZ will announce their rate decision at 8 PM ET later today (Wednesday in NZ) with the expectations of no change in policy. There was earlier expectations for a hike by some, but those views have been tempered more recently. Nevertheless, the RBNZ is likely to...
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,...
Prior was -9.3Services sector revenue outlook +5.2 vs -3.6 priorThis is a low-tier indicator.Comments in the report:Personal and laundry servicesOur 2023 revenue declined 15 percent, January 2024 revenue fell 7 percent, and February is currently on track to decline 9...
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,...