Share: EUR/GBP slides as UK bond yields surpass German bond yields, strengthening the Pound. From a technical perspective, the pair exhibits a neutral to downward bias, with long-term daily EMAs standing above exchange rates. The EUR/GBP must regain the 0.8600 level and surpass the May 24 daily low resistance of 0.8648 to shift its bias.
Month: July 2023
NZDUSD above the 100 hour MA and tests 200 hour MA The NZDUSD has not escaped the USD selling today. The pair is up 1.15% on the day (NZD higher/USD lower). At current levels, it’s the largest increase since April 13 when the pair rose by 1.386%. Looking at the hourly chart, the move to
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
Brent crude oil prices were little changed in early trading on Friday, but were set to notch their first monthly gain this year as a steep drawdown in oil stocks and OPEC+ plans to cut output outweighed demand fears stemming from rising interest rates. Brent crude futures for September delivery fell 19 cents, or 0.3%,
Dollar bulls experienced a somewhat disheartening week, as the initial rally supported by hawkish remarks from Fed Chair was halted by subsequent inflation data release. Consequently, the greenback managed to secure only the third position for the week, trailing behind Swiss Franc and Euro. The vigorous late-week rally in US stocks, coupled with the sluggishness
The area of machine learning, which is quickly expanding, uses statistical methods and data analysis to teach computers how to learn and make predictions or judgements without being explicitly programmed. There is a rising need for employees with entry-level expertise in machine learning as businesses and industries increasingly understand its usefulness. Here are five entry-level positions in
Share: Natural Gas price recovers following the release of US inflation data which comes out lower than expected, weighing on the US Dollar. Natural Gas had been trading flat-to-lower prior to the data on Friday due to greater-than-expected stockpiles in Europe. This largely eclipsed US data out on Thursday showing a fall in inventories last week. Natural
S&P index trades to new 2023 highs As a market heads into the close for the week, month, and quarter, the S&P today is extending to new highs for the year. The price extended above the June 16 high at 4448.47 to an intraday high of 4456.72. The current price trades at 4452.22. Technically, this
The price of Apple closed above $3 trillion for the 1st time. It was also the 1st company to do that. The NASDAQ index had its best start to the year in 40 years. The major indices all closed higher for the week and the month. The final numbers are showing: Dow industrial average rose
Highlights of the week ended June 30 include views and opinions of the key central bankers at ECB forum held from June 27 to June 28 in Sintra, Portugal. Market participants keenly watched a panel discussion involving Federal Reserve Chair Powell, Bank of England Governor Bailey, ECB’s President Lagarde and Bank of Japan’s Governor Ueda
Inflation pressures eased slightly in May as consumer spending slowed considerably, according to a Commerce Department report released Friday. The personal consumption expenditures price index, a number closely watched by the Federal Reserve, increased 0.3% for the month when excluding food and energy, a number that was in line with the Dow Jones estimate. So-called
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In this video, I explain how can you get started on forex trading subscribe to my youtube channel for more videos related to trading Follow me on Facebook: https://www.facebook.com/profile.php?id=100086087487632 Instagram: https://www.instagram.com/focustrade2022/ disclaimer: Trading or investing carries high level of risk and is not suitable for all person. Before decide to trade or invest you shoukd
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