When you dont follow your basic rules, market will make you pay.2024.08.22 XAUUSD London open.
When you dont follow your basic rules, market will make you pay.2024.08.22 XAUUSD London open.
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When you dont follow your basic rules, market will make you pay.2024.08.22 XAUUSD London open.
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By Brigid Riley and Amanda Cooper TOKYO/LONDON (Reuters) -The dollar held firm on Monday, while the euro traded around more than one-month lows, as political turmoil in Europe ramped up the level of uncertainty among traders, while investors awaited more data to gauge the strength of the U.S. economy. Investors have been contemplating the risk…
DXY slips as profit-taking sets in, falling toward 107.80. Traders parse disinflationary PCE data after Fed’s hawkish cut on Wednesday. The soft inflation readings might not alter the ‘wait and see’ posture of the Fed. The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, took a hit…
Prior +1.9% HICP +2.8% vs +2.8% y/y prelim Prior +2.0% This just reaffirms the initial estimates, with German headline inflation spiking amid higher energy prices from the US-Iran conflict. Destatis notes that: “Significant price increases for energy products are driving inflation. In particular, fuels and heating oil have become dramatically more expensive for consumers since…
Hello fellow traders. In this technical article, we are going to present Elliott Wave trading setup of Bank of America (BAC) . The stock completed its corrective decline precisely at the Equal Legs area, also known as the Blue Box. In the following sections, we’ll break down the Elliott Wave structure in detail and explain the…
The Reserve Bank of New Zealand has filed civil proceedings in the High Court against ASB Bank, alleging breaches of core obligations under the Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) Act. The RBNZ said the breaches date back to at least December 2019 and relate to failures to meet fundamental compliance requirements under…
Fed's Powell says dollar swap lines remain important tool Source link