Month: November 2024

The forex markets are largely consolidating today, with no major developments to drive decisive moves. Euro is showing some recovery, but the uptick appears more like a corrective bounce than a reversal. Sterling and Swiss Franc are following similar patterns, with modest strength lacking the momentum needed for sustained gains. This cautious tone is evident
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Yen weakened broadly during the Asian session today, as traders expressed disappointment with BoJ Governor Kazuo Ueda’s remarks. Ueda repeated familiar stances on monetary policy but refrained from offering any signals regarding a December rate hike. This lack of clarity left markets unimpressed. However, the currency’s losses have been modest so far, with its direction
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Gold is up over 1% on the day and starting to close back in on testing the $2,600 mark once more. The bounce here comes as the precious metal looks to snap a run of six straight days of losses, after having ran into a test of its 100-day moving average (red line) last week:
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It is a Buy BUT not yet. Let me explain. Meta Platforms, Inc. (META) remains one of the most popular and closely watched stocks on the market, known for its innovation and dominance in the tech space. But with META trading near its all-time highs earlier this year, many investors are asking: Is it time
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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
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crude oil market is no stranger to volatility, and 2024 has been no exception. The combination of geopolitical tensions, OPEC’s decisions, and global economic shifts has kept oil prices fluctuating. For investors, this uncertainty presents both challenges and opportunities. This article explores the current crude oil trends in India, offering a comprehensive outlook on how
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UPCOMING EVENTS: Monday: US NAHB Housing Market Index. Tuesday: RBA Meeting Minutes, Canada CPI, US Housing Starts and Building Permits. Wednesday: PBoC LPR, UK CPI, Eurozone Wage Growth. Thursday: Canada PPI, US Jobless Claims. Friday: Australia/Japan/EU/UK/US Flash PMIs, Japan CPI, UK Retail Sales, Canada Retail Sales. Tuesday The Canadia CPI Y/Y is expected at 1.9%
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