π₯π₯π₯π₯EA Trades 5.9.2024π₯π₯π₯π₯
π₯π₯π₯π₯EA Trades 5.9.2024π₯π₯π₯π₯
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π₯π₯π₯π₯EA Trades 5.9.2024π₯π₯π₯π₯
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Rachel Reeves will announce the biggest spending cuts since austerity at next weekβs spring statement after ruling out tax rises as a way to close her budget deficit. The chancellor will tell MPs next Wednesday that she intends to cut Whitehall budgets by billions of pounds more than previously expected in a move which could…
The USD/CAD has continued to dive after available fundamentals have failed to attract investors. The US Consumer Credit Change data arrived lower than market anticipations. This allowed the Canadian dollar to keep gaining against the US dollar, creating a headwind for the pair. Key Price Levels:Resistance Levels: 1.3800, 1.3900, and 1.4000Support Levels: 1.3700, 1.3600, and…
Czech government faces no-confidence vote over bitcoin scandal Source link
As we noted six days ago, European stock markets were showing optimism amid expectations that the armed conflict in Ukraineβnow approaching its third yearβwould be resolved. During this period, the DAX 40 (Germany 40 mini on FXOpen) gained approximately 1.6%, setting a historic record. However, sentiment appears to be shifting in the opposite direction. According…
The soft PPI report was driven by weak domestic demand and the continuing uncertainty over US tariffs. The lack of consumer demand was reflected in the weak CPI reading of 0.1% y /y, the first gain in four months. Monthly, CPI declined by 0.1%, following a 0.2% drop in May. There was a silver lining…
Gold has been on a steady climb with higher lows connected by a rising trend line thatβs been holding so far this year. Can another test of support attract more buyers? Better keep your eyes on these inflection points on the hourly chart! Gold (XAU/USD) 1-hour Chart by TradingView The safe-haven precious metal has drawn…