Colombian peso drops 2.36% as leftist leads presidential polls

Italy’s financial regulator, Consob, said Friday that it has ordered the blackout of four websites found to be illegally offering financial services and products.  The affected sites include three unauthorised financial intermediaries and one website promoting financial products without a prospectus, according to the regulator. Consob said it exercised its authority under the “Growth Decree,”…

The Reserve Bank of Australia lowered its cash rate by 25 basis points to 3.85% at Tuesday’s policy meeting, marking its second rate cut this year after February’s initial easing. But while the rate reduction itself was widely anticipated (markets priced in a 96% probability ahead of the decision), the accompanying statement and economic projections…

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of AMD stock  published in members area of the website.  As our members know, AMD recently gave us a correction from the 241.58 peak, after which we called the drop in the stock. Recovery formed Elliott…

EUR/CAD has been pacing back and forth between support at the 1.6100 major psychological mark and resistance around 1.6300. Is it due for another bounce this time? Better keep tabs on these inflection points on the 4-hour time frame! EUR/CAD 4-hour Forex Chart Faster with TradingView Weakening inflationary pressures in the eurozone have dragged EUR/CAD…

The key event of the week will take place on 10 December – at 22:00 GMT+3 the FOMC will publish its interest rate decision, followed half an hour later by a press conference with Jerome Powell. As the chart of the dollar index (DXY) shows, the US dollar is weakening as the event approaches, reflecting…