Market Meanness Index (MMI) as a Confirmation Indicator
Market Meanness Index (MMI) as a Confirmation Indicator
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Market Meanness Index (MMI) as a Confirmation Indicator
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Investing.com – Investors should expect some moderation in growth in the in 2025 after two years of over 20% expansion in the benchmark index, according to BTIG analysts led by Jonathan Krinsky. Despite a somewhat dour ending to 2024, the main US indices all logged double-digit annual increases, with the S&P 500 in particular notching its…
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate,…
The former Australian prime minister Malcolm Turnbull has accused the UK government of hypocrisy and concealment over the way it continues to block the release of secret files about the Spycatcher affair. Before entering politics, Turnbull was a barrister for Peter Wright, a retired senior MI5 intelligence officer who revealed a series of illegal activities…
The Fibo Musang indicator is a Fibonacci-based technical analysis tool designed for MetaTrader 4. It automatically calculates and plots key Fibonacci levels — 23.6%, 38.2%, 50%, 61.8%, and 78.6% — based on recent price swings. The word “Musang” references the civets found across Southeast Asia, and the indicator shares a bit of that reputation for…
The Canadian dollar has edged lower on Friday. In the European session, USD/CAD is trading at 1.3767 at the time of writing, up 0.19%. The Canadian dollar has hit a rough patch and is on a seven-day slide in which it has fallen 1.6%. On Thursday, the Canadian dollar weakened to 1.3775, its lowest level…
Persistent Market Nervousness about U.S. Policy Changes March 10, 2025 (201) U.S. stock market futures show a decline of more than 1% this Monday, and the weighted dollar index has eased another 0.2%, bringing the decline since end-February to 3.4%. The yen gained 0.6% against the dollar overnight. While the 10-year Treasury yield has fallen…