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Sky carries the report, a;lthough there has been chatter about on this. Putin had a heart attackon Sundayhe has regained consciousnessSky cited social media accounts. A few hours ago similar reports did the rounds. Interestingly US President Biden scurried off from a...
Not a lot here to move forex rates upon release. This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result....
The Dow industrial average and S&P index could not hold onto gains and are closing the day lower. The S&P index is closing below its 200 day moving average for the 2nd consecutive day. The 200-day moving average comes in at 4235.17. The index is closing at...
Markets:GBP leads, USD lagsWTI crude oil down $2.20 to $85.88US 10-year yields down 6.7 bps to 4.85%S&P 500 down 0.1% to 4219Gold down $8 to $1972A turnaround was the story of the day in North American trade. New York woke up to 5% ten-year Treasury yields on a...
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,...
As the day works toward the close, the GBPUSD is one of the biggest movers of the major currencies. The lower yields are helping. So are technical breaks. In this video, I outline the technical breaks and the next targets including the falling 200-bar moving average...
BoC's MacklemSynopsis: Goldman Sachs discusses the anticipated monetary policy stance of the Bank of Canada (BoC) in its upcoming October meeting, emphasizing the central bank's reaction to current economic signals. Additionally, they reflect on their recent trading...
Bitcoin is up 4.7% today and there is all kinds of speculation about a bitcoin ETF.It sounds like a done deal, though the courts sending it back to the SEC slows it down a tad (did anyone really think the courts would order them to covert it to an ETF...
The price of WTI crude oil futures are settling down $2.59 or -2.94% at $85.49.Looking at the daily chart the high from August reached up to $84.85. That is the next target on the downside. The low price today could only get to $85.40. Get below that level and traders...
The USDJPY moved below its 100-hour moving average earlier today at 149.82. The break below that MA (blue line) has taken the price to the 200 hour moving average at 149.649 (green line), and the low prices from Thursday and Friday at 149.64. Both those levels would...
There was a report that 50 hostages with dual citizenship could be released but now a reporter from the Times of Israel is reporting:Hamas says it is releasing two Israeli hostages held in the Gaza Strip. It had previously claimed that Israel refused to accept them,...
Whenever rates get high, the market worries about housing but I think that's another case of generals fighting the last war. There are global housing markets in big trouble with high rates but the US isn't one of them.Autos are a different story.Prices of vehicles...
I don't know this source, so handle it carefully but i24news.tv reports that 50 hostages (of the roughly 212 held) will be released. A separate report from KAN TV reports that hostages will be released as well, but doesn't cite a number. Earlier, Al Arabiya also...
Bitcoin extends to new highsThe price of bitcoin has extended to a new session hide in the process is trading at the highest level since July 14. The price I just reached $31,307. The current price is trading at $31,199 up 4% on the day.Looking at the daily chart, the...
S&P indexThe major stock indices or training to new session highs. Looking at the broader S&P 500 index, it is back above its 200-day moving average of 4235.30. Recall from Friday, the price closed below that moving average for the 1st time since March...
> REPORT: Hamas to hand over foreign hostages Al Arabiya reporting <!--> --> <!--> Hamas to hand over several foreign hostages.A Senior Israeli official mentioned that there could be around 50 dual-national hostages released, based on conversations...
The EURGBP - a major cross-currency pair - has seen up-and-down price action today. The initial low found support near the low of a swing area and 0.86982. The subsequent move back to the upside took the price up to 0.8725 before rotating back down again to retest the...
EURUSD dailyThe euro is trading at the highest since September 24 as it clears the October 11 high of 1.0640.The rally today is more about the USD side of the equation as it slackens alongside Treasury yields. US 10s are trading at 4.86% from as high as 5.02% earlier...
The EURUSD is trading to a new high after breaking above the swing area between 1.06087 and 1.0616 area. The run to the upside has also extended above a swing area up to 1.0639 and is now looking to test the 61.8% retracement of the move down from the September 12...
The Pentagon says the US has not seen a direct order from Iran for its proxies to increase attacks against US troops in the Middle East.I think this is an important headline because it argues against the fears of a broader regional war involving Iran. Or at least it...