Optimism prevailed in UK financial markets, with the pound/US dollar exchange rate hitting a 12-week high on improving consumer confidence and a solid business outlook. Promising despite continuing recessionary pressures. On Thursday, the pound rose to 1.2615 against the US dollar. This reflects a sell-off in government bonds that led to positive sentiment on the...
USDNOK Nov 26 W UKOUSD Nov 26 W USDCAD Nov 26 W USDRON Nov 26 W GBPCHF Nov 26 W GBPUSD Nov 26 W GBPSGD Nov 26 W EURSGD Nov 26 L EURUSD Nov 26 W NZDCHF Nov 26 W XPTUSD Nov 26 W XAUUSD Nov 26 W EURPLN Nov 27 W USDJPY Nov 27 W USDNOK Nov 27 W USDPLN Nov 27 W USDSGD Nov 27 W EURNOK Nov 27 L USDHUF Nov 27 W EURHUF Nov 27 W USDTHB Nov 27 W USDILS Nov 27 W UK100GBP Nov...
Interest rates are "estimated to be at their lowest level in 25 years," Williams told the New York Fed's Bretton Woods Committee meeting. "I think it is appropriate to maintain a hawkish stance for some time to fully restore balance and return inflation sustainably to our long-term target of 2%," he said. The Fed is expected to keep interest rates on hold at its...
Investors sold the dollar late last week at the fastest pace in a year, hoping for lower interest rates next year after the Federal Reserve ends its policy rate cut. significantly raise interest rates. State Street, one of the world's largest asset managers, said the asset manager was prepared to sell 1.6% of its dollar positions this month, the largest monthly...
The dollar fell against a basket of currencies late last week on news of strong U.S. business results in November, while private-sector employment fell on expectations of a slowdown in the coming months. Fourth quarter. Earlier, Michael Brown, market analyst at Trader S&P Global, recorded the US Composite PMI Production Index on Friday. Specifically, the value...
The European Central Bank (ECB) on Monday expressed concern about the low valuations of euro zone bank stocks, suggesting it could have a negative impact on future credit growth. Hybrid by imposing strict conditions on the borrower. Bank profits have increased significantly this year, thanks in part to higher net interest income due to higher ECB rates, but stock...
Gold surpassed the threshold of 2,000 USD/oz in Tuesday's trading session thanks to expectations that interest rates of the US Federal Reserve (Fed) have peaked. The latest meeting minutes show that the central bank is quite cautious about raising interest rates further. Spot gold contracts increased 1.07% to 1,998,356 USD/oz after at one point during the session...
Today, traders will depend on dollar sentiment, risk appetite and bond market developments. There are no significant data published in Europe: 14:00: Switzerland's October trade balance data 17:15: BOE policymakers will testify before parliament on monetary policy, inflation and the UK's economic outlook
Weak US CPI weighs on dollar The dollar took a big hit on Tuesday after data showed U.S. consumer prices were flat in October after rising 3.7% in September, while the dollar rose 3.2% year-on-year. , fell below expectations. The stability of inflation is the most important factor in predicting the Fed's chances of maintaining its tightening stance,...
JPMorgan: In the future, CHF might be "more expensive" Although there are obstacles that could hinder the franc's ascent, they don't seem to be halting it as of now. Furthermore, even if the currency has witnessed the largest short-selling bets in the past two years as the surge continues, any increases in Middle East tensions or central bank action might drive up...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity AUDNZD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Tuesday's opening of European stock markets is anticipated to be higher as investors digest more corporate earnings in advance of the publication of significant growth and inflation data in the area, overshadowing China's dismal activity statistics. While consumer prices are predicted to rise 3.1% annually in October, down from 4.3% the previous month, the gross...
IMO guaranteed to white line at least.
EURUSD as been shared previously, has continued upwards to take out the previous 4 hour swing high. But now, would price reverse to the downside to do justice to sell-side liquidity...? Feel free to share your thoughts guys😃.
Since the beginning of October 2023, Bitcoin price has increased 8.3% and is approaching the psychological barrier at the 30,000 USD mark. Finance BankingBitcoin forecast next week: Approaching the 30,000 USD markDuong Lam • {Publishing date}Since the beginning of October 2023, Bitcoin price has increased by 8.3% and is approaching the psychological barrier at the...
Kicker candle on this weekly chart
Most Asian currencies rose slightly on Wednesday following news that China's economic growth was stronger than expected, although concerns about an escalation in the Israel-Hamas war limited gains. Fresh concerns about higher long-term US interest rates also persisted after stronger-than-expected September retail sales data, which markets fear could lead to...