An “Open House” sign is displayed in the front yard of a home for sale in Columbus, Ohio. Ty Wright | Bloomberg via Getty Images Mortgage rates have moved to their highest level in more than a year, and that may have potential homebuyers nervous that their affordability window is closing faster than expected. Home
Month: January 2022
EUR/USD seesaws around two-month high, pares heaviest daily jump since early December. US inflation matched forecasts in December, favoring chatters of less fuel for Fed hawks. ECB policymakers stay hopeful despite virus woes, citing mixed concerns over inflation. A slew of ECB, Fed members up for speaking today, US PPI, Jobless Claims are important too.
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The Fibonacci Retracement strategy in FOREX is one of the most insane tools. Knowing when and where the price will reverse allows day traders to earn profits consistently. In the video i will teach you how to use the Fibonacci tool and create a great Fibonacci retracement strategy. My recommendation on a paid indicator feature
> More comments from the White House – says inflation will moderate Fed These from WH Eco Adviser Deese Eamonn Sheridan Wednesday, 12/01/2022 | 21:44 GMT-0 12/01/2022 | 21:44 GMT-0 Earlier are here: More: Forecasters see prices moderating over the course of 2022, which is consistent with our view delay in Fed nominations is not
Dollar tumbles broadly in early US session even though consumer inflation data hit multi-decade highs. The move could be seen as a result of clearing the risk of even worse inflation reading that could force Fed’s hand. For now, Canadian Dollar is the strongest one as boosted by rally in oil prices. Sterling and Aussie
In an earlier post(s), I was targeting the 50% of the move down from the October 28 high. That was the corrective high from that day and started the sharp move to the downside that bottomed on November 24th. The midpoint was at 1.14385 (see last post here). The price has reached that target and
New Delhi: Gold in the national capital on Wednesday jumped Rs 228 to Rs 46,812 per 10 grams, reflecting overnight gains in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 46,584 per 10 grams. “Spot gold prices for 24 carat in Delhi rose by Rs
Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, according to a closely watched gauge the Labor Department released Wednesday. The consumer price index, a gauge that measures costs across dozens of items, increased 7%, according to the department’s Bureau of Labor Statistics. On a monthly basis, CPI increased 0.5%.
A general slide of the dollar boosts AUD/USD to the upside. Pair faces next resistance around 0.7275. US inflation rises to 7%, largest increase in nearly 40 years. The US dollar is falling sharply amid higher equity prices and following the US CPI December report. The AUD/USD jumped to 0.7266 during the American session, reaching
Minnesota Representative Tom Emmer has announced he will be introducing a bill intended to prevent the Federal Reserve from acting as a retail bank in the potential issuance of a digital dollar. In a Wednesday announcement, Emmer said the bill would prohibit the Fed from issuing a central bank digital currency, or CBDC, directly to
It’s rather quiet as we count down to the US CPI report later in the day. As mentioned earlier, European morning trade is likely to feature a more muted and cautiously optimistic mood and that’s exactly that. The dollar is trading more mixed with light changes across the board: EUR/USD is still confined in a
Overall, Fed Chair Jerome Powell’s renomination hearings seemed to be well received by the markets. US stocks closed broadly higher overnight, followed by rallies in Asian indexes. Yen and Dollar are both under some selling pressure today. On the other hand, commodity currencies are trading higher. In particular, Canadian Dollar is lifted by the rise
The major European shares are ending higher on the day, and in the process snapping three day losing streaks (for most of the indices). The closes are showing: German DAX, +1.1% France’s CAC, +0.95% UK’s FTSE 100 +0.62% Spain’s Ibex, +0.56% FTSE MIB +0.66% The German DAX index moved down toward its 100 day moving
NEW DELHI: Gold prices were trading flat on Wednesday as traders focused on US inflation data for rate cues after less hawkish comments from the Fed Chair, which fuelled a bullion rally last session. Fed Chairman Jerome Powell said the central bank was determined to ensure that high inflation did not become “entrenched” and that
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell testifies Tuesday before the Senate Banking Committee as part of his confirmation process to head the central bank for a second term. Powell will deliver
GBP/USD Price Analysis: Hovers around 10-week high on the way to 1.3700 GBP/USD seesaws near November highs after crossing the key resistance line to refresh multi-day peak the previous day. That said, the cable pair makes rounds to 1.3630-35 during the initial Asian session on Wednesday. Although nearly overbought RSI challenges the pair buyers, a
➡️(FOR DOWNLOAD SEND GMAIL ADRESS IN COMMUNTS)➡️ You may be wondering what’s the best forex indicator on MT4? Or whats the best combination of forex indicators? https://t.me/+_zfFWmp5TS1lYzA0 Sadly most indicators have no ability to predict whats going to happen with price. My suggestion is that you should use it in a way that matches your
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