Dollar appears to be finally staging a broad based upside breakout today, with help from mild risk aversion. This week’s inflation and retail sales data suggested that risk to Fed tightening is more on the upside, and interest rate would at least stay high for longer. For now, Euro is following Dollar as the strongest
Month: February 2023
Share: USD/MXN drops below last Thursday’s low, extending its losses to a fresh multi-year low of around $18.40. USD/MXN Price Analysis: A break below $18.40 would pave the way toward $18.00. The USD/MXN hit an almost 4-year-and-a-half month low around 18.4485, a level last seen in October 2018, extending its losses by 0.89% in the
Crude oil moved down to the 61.8% retracement The price of WTI crude futures is settling at $76.34. That’s down $2.15 or -2.74%. The low price reached $75.32. High price was at $70.50. For the trading week the price is down about -3.9%. At the week high of $80.60, the price was up $0.90 versus
The major US stock indices are trading to new session highs. The Dow Industrial Average has moved positive on the day. It currently trades at 114 points or 0.34% at 33811.00. At session lows, the Dow Industrial Average was down -179 points The S&P index is trading down -12.16 point or -0.29% at 4078.20. At
Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance | Picture Alliance | Getty Images Bans and price caps targeting Russian oil are having the “intended effect” despite surprisingly resilient production and exports in recent
In this article HAS Follow your favorite stocksCREATE FREE ACCOUNT A Hasbro Monopoly board game arranged in Dobbs Ferry, New York, Feb. 6, 2022. Tiffany Hagler-Geard | Bloomberg | Getty Images Hasbro‘s 2023 outlook might feel like déjà vu. At first, anyway. The toymaker on Thursday announced its fourth-quarter results while issuing conservative guidance for
Gold hurtled towards a third straight weekly drop on Friday, dampened by the dollar’s advance following fresh hawkish rhetoric from the U.S. Federal Reserve officials. Spot gold was down 0.6% at $1,826.39 per ounce by 1302 GMT, after earlier falling to its lowest since late-December. Bullion has fallen about 2.1% so far this week. U.S.
Risk sentiment appeared to have turned negative after this week’s strong inflation data as well as hawkish comments from central bankers, not limited to Fed. Dollar is set to end as the best performer on expectations of higher terminal interest rate and risk aversion. But Euro is not too far away considering that ECB is
Share: Federal Reserve (Fed) Governor Michelle Bowman said on Friday that they are seeing a lot of inconsistent data in economic conditions, as reported by Reuters. Key takeaways “Your guess as good as mine as to what happens next in the economy.” “Unusually low unemployment a great sign.” “We are not seeing what we need
#daytrading #forex #forextrading #forextips #forexstrategy #simpleforextrading SIMPLE FOREX TRADING STRATEGY – TIME AND PRICE I hope you enjoyed today’s Daily Pip Talk! Are you struggling to be consistent with your trading? Get my FREE audio mp3 download “The 7 Step Daily Routine For High Performance Traders” at http://www.staceyburketrading.com/2368-2/ Thank you for watching this video—Please LIKE
Want to know when to buy and sell specific stocks? Well here’s a simple but effective strategy that I found works very well. Enjoy! #shorts If you learned something new, leave a like. ► TradingView (Chart Software I Use): https://www.tradingview.com/?offer_id=10&aff_id=28566 ► Scanz (News Screener I Use): http://www.scanz.com?fpr=tradinglab ► TraderVue (Trading Journal I Use): https://www.tradervue.com/?fpr=jake81 ►
NASDAQ index approaches this 100 hour moving average The major US stock indices are hitting the skids. Comments from the Lord seem to be weighing on the indices. The NASDAQ index is now down 200 points or -1.67% at 11869. It is also approaching the 100 hour moving average 11852.44. Moving below that moving average
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, experience level, and risk tolerance. You could lose some or all your initial investment; do not
Inflation rebounded in January at the wholesale level, as producer prices rose more than expected to start the year, the Labor Department reported Thursday. The producer price index, a measure of what raw goods fetch on the open market, rose 0.7% for the month, the biggest increase since June. Economists surveyed by Dow Jones had
In this article DASH Follow your favorite stocksCREATE FREE ACCOUNT A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Shares of DoorDash jumped as much as 6% in extended trading Thursday after the food delivery company reported better-than-expected sales
Cryptocurrency investors funneled as much as $4.6 billion into crypto tokens suspected to be part of “pump and dump” schemes in 2022. A Feb. 16 report from blockchain analytics firm Chainalysis “analyzed all tokens launched” in 2022 on the BNB and Ethereum blockchains and found just over 9,900 bore characteristics of a “pump and dump”
TOKYO: Oil prices slid on Friday and were on track for weekly losses as strong U.S. economic data heightened concern that the Federal Reserve will continue tight monetary policy to tackle inflation, which could hit fuel demand even as crude stockpiles grow. Brent crude futures dropped 49 cents, or 0.6%, to $84.65 per barrel by
- « Previous Page
- 1
- …
- 8
- 9
- 10
- 11
- 12
- …
- 25
- Next Page »