FX Weekly Recap: September 9 – 13, 2024
The major currencies saw increased volatility & unusual price action as traders repriced their interest rate biases, and reacted to data releases and risk sentiment shifts.
The major currencies saw increased volatility & unusual price action as traders repriced their interest rate biases, and reacted to data releases and risk sentiment shifts.
The Diapazon MT4 Indicator helps traders visualize price zones where the market tends to bounce or stall. It draws upper and lower range lines based on recent price behavior, making it easy to identify where the price is likely to move next. These lines act like invisible walls, showing traders the boundaries where price might…
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How Do Leads and Lags Impact Currency Trading? There are various ways to hedge currency risk to guard against potential losses (or maximize returns) caused by movements in exchange rates. The following are ways to limit exposure to currency risk and the effect of volatility, such as using Currency forwards Money market hedging (similar to…
Energy innovation company Jericho Energy Ventures Inc. (JEV:TSX.V; JROOF:OTC; JLM:FRA) says it has signed a non-binding Letter of Intent (LOI) for a proposed all-stock business combination with Smartkem Inc. (SMTK:Nasdaq). Find out the terms of the proposed merger. If finalized, the Proposed Transaction would create a Nasdaq-listed, U.S.-owned and controlled artificial intelligence (AI) infrastructure company,…
2024.08.13 2024.08.13 Gold Continues to Hit New Record Highs. Forecast as of 13.08.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The XAUUSD‘s pullback on Black Monday was driven by speculative factors. The precious metal’s uptrend remains strong, and its short-term prospects will be determined by US inflation data. Let’s discuss this topic and make a trading plan. The article covers…
Last night, Bitcoin broke through the 75,000level.The dollar weakened again,and the price of gold rose to 4,830. On Thursday morning, the dollar index stood at 97.95—as if ready to jump. Today, important data on inflation in the eurozone (CPI, 12:00 MSK), the UK GDP, and US unemployment claims are expected. The POC level for the dollar is at 98.50—this is the area with the highest…