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Australian weekly consumer confidence 76.7 (prior 74.7)

Australian weekly consumer confidence 76.7 (prior 74.7)

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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US stock indices close modestly lower

US stock indices close modestly lower

The major US indices are closing modestly lower to start the week. The major US indices are on a 4-week up streak. It is only one day, but traders are pausing today.A snapshot of the major indices is showing:Dow industrial average is down -56.68 points or -0.16% at...

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Crude oil futures settle at $74.86

Crude oil futures settle at $74.86

The price of WTI crude oil futures are settling at $74.86 down $0.68 or -0.90%.The high price for the day reached $76.18 the low price reached $74.11. Prices have been lower for 4 consecutive days. The softer U.S. Dollar provided support to the oil market, balancing...

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EURUSD high today stalls at retracement level again

EURUSD high today stalls at retracement level again

The EURUSD high for the day stalled at the 61.8% retracement of the 2023 trading range. The level came in at 1.0959. Last week the price did extend above that level but only by about 4 or 5 pips before rotating back to the downside. So for the 2nd time in less than...

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Major European indices start new trading week lower

Major European indices start new trading week lower

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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Qatar says Gaza truce has been extended for 2-days

Qatar says Gaza truce has been extended for 2-days

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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