Month: November 2024

Silver remains under some selling pressure on Thursday and retests October’s swing low.  The technical setup favors bearish traders and supports prospects for additional losses. Any attempted recovery could still be seen as a selling opportunity and remain capped. Silver (XAG/USD) attracts some follow-through selling during the Asian session on Thursday and drops to its
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The financial markets are intently focused today on US inflation data. Expectations are that both the headline CPI and core CPI remained unchanged in October from the previous month’s readings of 2.4% and 3.3%, respectively. This stagnation in disinflation supports the notion that bringing inflation back to Fed’s 2% target may prove increasingly challenging in
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Why it’s important? The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market’s reaction is the distribution of forecasts. In fact, although we can have a range of estimates, most forecasts might be clustered on
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ETMarkets.com| Nov 13, 2024, 01:52:21 PM IST 1/6 Short Buildup A short buildup occurs when there is a rise in open interest and trading volumes, coupled with a decrease in the price of the underlying stock in the Futures and Options segment. This indicates that more traders are expecting the prices to decline and are
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Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet
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Dollar’s rally continues broadly today, though most of its strength remains concentrated against European majors. While the greenback holds firm, it remains capped below last week’s highs against commodity-linked currencies and Yen. A clear move upwards could only unfold if 10-year Treasury yield breaks past the 4.4% threshold, though the true direction may hinge on
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