EURUSD runs up to test it 200 hour moving average. Key levelThe EURUSD is run to the upside as yields tumble after weaker consumer confidence data and jolts job openings. Consumer confidence fell to 106.1 which was much lower than the 116.0 estimate. Jolts job...
Bitcoin jumps as Grayscale wins lawsuit against the SEC
Bitcoin hourlyThe D.C. court ruled that the SEC improperly rejected the Bitcoin spot ETF. The court ordered the petition for review be granted and the commission's order be vacated.This means the SEC was wrong to reject the application for a spot bitcoin ETF and that...
This is what the end of the Fed hiking cycle looks like
USDJPY 10 minsThe US dollar has fallen hard across the board with USD/JPY erasing the entirety of today's earlier move. That comes after a pair of big economic data misses.JOLTS job openings plunged to the lowest since March 2021 and the three-month decline of 2.55...
US August consumer confidence 106.1 vs 116.0 expected
The July reading at 117.0 was the highest since July 2021 (revised to 114.0)Details:Present situation index 144.8 vs 160.0 prior Expectations index 80.2 vs 88.3 prior1 year Inflation 5.8% vs 5.7% prior Jobs hard-to-get 14.1 vs 9.7 priorThis and the big drop in JOLTS...
JOLTs job openings for July 8.827M versus 9.465M estimate
JOLTs job openings declinePrior report 9.582M revised down to 9.165MJob Openings:Job openings 8.827M versus 9.465M estimate. This is the smallest since March 2021.Professional and business services -198KHealthcare and social assistance -130KState and local government...
JOLTS and US consumer confidence coming up
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,...
Bitcoin flat as eyes remain on SEC case decision. Could it be today?
Bitcoin traders continue to wait for a decision in the SEC vs Grayscale case and it could come today. Decisions are usually released Tuesday and Friday and usually at 11 am ET (but can be any time between now and noon).We've been on watch for a decision for weeks now...
Major US stock indices trading mixed/little changed after gains yesterday
Yesterday the major indices rose, led by the NASDAQ index:Dow industrial average rose 213.08 points or 0.62%S&P index rose 27.6 points or 0.63%NASDAQ index rose 114.48 points or 0.84%In trading today, the major indices are opening mixed/little changedDow...
AUDUSD tilts bias to the downside as dollar buying pushes the pair below hourly MAs
The AUDUSD is tilting its short-term technical bias to the downside on a move back below its 100 and 200 hour moving averages. Those levels come in at 0.64319 and 0.6423. Moving below those levels increases the bearish bias. It would take a move above each to tilt...
US June CaseShiller 20-city home price index +0.9% m/m vs +0.8% expected
Prior was +1.0%Home prices -1.2% y/y vs -1.3% expectedPrior was -1.7% y/ySeparate housing data from the FHFA:+3.1% y/y vs +2.8% expectedPrices +0.3% vs +0.7% expectedRemember, this is June data. The talk from August as US 30-year fixed rates hit 7% again is that...
Kickstart your forex trading day. A technical look at the EURUSD, USDJPY and GBPUSD.
In this video, I take a technical look at the EURUSD, USDJPY and the GBPUSD. EURUSD: The EURUSD is moving to a new session lows and in the process moving away from its 100-day moving average of 1.08068. Stay below is more bearish. The price is entering into a swing...
Best Buy warns on continuing consumer softness
The pandemic pulled forward demand for goods -- particularly electronics -- by several years. We're now in the payback period and that has led to fewer visits to local electronics shops, including Best Buy.Here are some comments from the conference call, which is...
US dollar catches a broad bid as USD/JPY breaks 147.00
USDJPY up 66 pipsUSD/JPY is breaking out and the dollar is breaking out more broadly. Treasury yields fell in Asia and early in Europe but they have turned higher now with 10s at 4.22% from a low of 4.17%.That has set off significant moves throughout the forex market,...
The USD is the strongest and the JPY is the weakest as the NA session begins
The strongest to the weakest of the major currenciesAs the North American session begins, the USD is the strongest and the JPY is the weakest. The major currencies are all "scrunched" together with modest changes. The USDJPY is the largest mover with a gain of 0.37%...
ForexLive European FX news wrap: Dollar poised again as yields move off lows
Headlines:Markets:USD leads, JPY lags on the dayEuropean equities slightly higher; S&P 500 futures down 0.1%US 10-year yields flat at 4.211%Gold down 0.1% to $1,917.10WTI crude up 0.6% to $80.61Bitcoin down 0.1% to $25,962It was a quiet session for the most part...
USDJPY Technical Analysis – No sign of a top yet
US:The Fed hiked by 25 bps as expected and kept everything unchanged.Fed Chair Powell reaffirmed their data dependency and kept all the options on the table.The US economic data keeps on surprising to the upside, but inflation expectations and CPI readings continue to...
Bitcoin and Gold: Vault to Store Value Until the End of 2023
Capital markets come alive in late August and early September, and volatility returns. New trends often emerge, and opportunities to capitalise on them open up. Amidst the constantly changing financial landscape, investors must watch popular instruments like BTC and...
(99%가 모르는) 새로운 부업! 하루 10분! 공짜 영어 배우며 돈벌기 (나이 학력 무관! 영어 몰라도 됨! 누구나 언제 어디서든 가능)
https://www.youtube.com/watch?v=9uySvBe9t50 재택 부업을 비롯해, 그동안 돈버는 다양한 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 새로운 부업으로 하루 10분! 영어 배우며 용돈버는 방법을 소개합니다. 나이 학력 무관한데다, 영어 못해도, 몰라도 가능하고 폰만 있으면 누구나 쉽게 도전해볼 수 있는 부업인데요, 0원으로 시작할 수 있고, 가이드를 1번만 따라해 보면, 너무 간단해서 영상을 보시고, 월급 외 부수입에 관심이 있으신 분은...
China reportedly to cut borrowing costs on mortgages as soon as today
More stimulus is coming for China as Beijing is reportedly poised to cut interest rates on some of the ¥38.6 trillion of existing mortgages. And that move could come as soon as today, with the reductions set to only affect loans on first homes. Once officially...
Treasury yields pare declines, all to play for in US trading later
US Treasury 10-year yields (%) daily chart10-year yields in the US are back up to 4.210% from a low of 4.175%, turning flat after the decline from earlier today. This is in turn putting a bid in USD/JPY and also weighing on gold as we head back to the drawing board...