Dollar steadies as traders eye key data, geopolitical tensions

The Williams AD, or Accumulation/Distribution (A/D) Indicator, is a technical analysis tool developed by the legendary trader Bill Williams. It measures the buying and selling pressure behind security by analyzing the closing price relative to the intraday high and low. In simpler terms, it tells you whether bulls (buyers) or bears (sellers) are in control…

The US election s on 5 November and it could have a significant impact on almost every asset class in some shape or form. Election cycles can have a significant impact on trading patterns in financial markets. Investors often adjust their strategies based on expected political and economic changes that accompany elections. Here are some…

The State Council Information Office of China held a highly-anticipated press conference on Saturday, led by Finance Minister Lan Fo’an. The market was hoping for further announcements on fiscal stimulus after an invitation said to media said officials would outline the country’s plans for intensifying countercyclical adjustments to its fiscal policy. Instead, the press conference…

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…

Gold ↑ 2% on mounting geopolitical tensions US invades Venezuela and captures it’s president Ongoing Ukraine talks and US data could add to gold volatility Gold forecasted to move ↑ 0.8% or ↓ 1.2% post NFP Technical levels – $4400, $4500 and ATH at $4550 Markets head into the first full trading week of the…

By Jamie McGeever ORLANDO, Florida (Reuters) -By one measure, the speculative Japanese yen-funded carry trade has been completely unwound. The latest Commodity Futures Trading Commission data show that hedge funds and speculators have flipped their long-standing short yen position and are now net long of the currency for the first time since March, 2021. It…