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Is EUR/USD Vulnerable Ahead of ECB Meeting…? DXY to Play a Major Role – MarketPulse
BySilas WThe US Dollar Index (DXY) has rebounded since Friday’s jobs data release, driven by altered rate cut expectations. EUR/USD is particularly affected by the DXY recovery, with the Euro’s recent strength potentially waning due to poor German data and shifting rate cut expectations. The DXY’s technical analysis suggests further upside potential, with immediate resistance at…
Large rotation from tech as ADP employment scares again – Market wrap for the North American session – November 11
BySilas WElior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…
RBA united on further tightening despite split vote, Bullock says – ActionForex
BySilas WRBA Governor Michele Bullock pushed back against the market’s initial interpretation of a divided board, emphasizing that the 5–4 split in the decision on today’s 25bps hike reflects a debate over “timing” rather than “direction”. She stressed that all members agree inflation remains too high and that further policy tightening will be required, with those…
How Leverate’s Features Convert Traders into Active Participants – Leverate
BySilas WIn the competitive sector of prop trading, transforming a registered trader into an active trader who has purchased a challenge is a critical success factor. This conversion is not a byproduct of chance; it results from a carefully engineered user journey, designed to minimize friction and promote decisive action. At Leverate, we understand that every…
Indian rupee hits record low as Iran war sparks oil turmoil
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