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Chart Art: EUR/AUD Is Testing a Key Short-Term Trend Support!
BySilas WEUR/AUD is consolidating around a key area of interest ahead of potentially major catalysts. Think the pair is in a position to extend a weeks-long uptrend? We’re taking a closer look at the 4-hour time frame! EUR/AUD 4-hour Forex Chart by TradingView The European Central Bank (ECB) is widely expected to cut interest rates by…
Speculators sharply raise Euro, British Pound & Canadian Dollar bets
BySilas WBy InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday August 20th and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets….
Shadow chancellor warns Reeves over EU ties after Bank chief says Brexit harming economy – as it happened
BySilas WShadow chancellor Stride: ‘there must be no suggestion of going back into single market or customs union’ Shadow chancellor Mel Stride has said that there must be no suggestion of the UK going back into the EU single market or customs union, but said the Labour government should be doing everything to “facilitate trade” with…
Non-Farm Payrolls Large Miss and Oil Explodes Higher to $90 – A Stagflation Cocktail Ahead of Weekend Risk – ActionForex
BySilas WThis morning is sending a nasty look for Markets, as Oil continues to explode higher amid Middle East tensions. At the same time, US labor data keeps showing volatility, this time to the downside. It is a dark day for risk assets, and the fundamentals aren’t going to help – particularly with a miss in…
How the U.S. Presidential Election May Impact the S&P 500 Index
BySilas WToday, 5 November, the U.S. presidential election is underway, and it may serve as a significant driver of volatility for global stock markets. According to EuroNews, heightened market fluctuations are expected throughout the voting period on 5 November, potentially mirroring reactions observed during the Brexit referendum and the 2016 U.S. election. Newsweek notes that historically,…
Indices Hits Records as Nvidia Soars Higher! – Orbex Forex Trading Blog
BySilas WIndices Hits Records as Nvidia Soars Higher! – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link