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Markets overview. Markets turn too dovish on the dollar – ForexNews.PRO
USDYesterday saw yet another greenback slide, with the broad dollar dropping 0.5% as a soft PPI print saw traders reassess their PCE estimates, triggering a further modest acceleration in Fed easing expectations. This leaves the market implied odds of a 50bp Fed rate cut next month at close to 50%, and the dollar scanning as…
Global Flash PMIs: More Upside for the Euro? – Orbex Forex Trading Blog
Global Flash PMIs: More Upside for the Euro? XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
FXCX Divergence MT4 Indicator – ForexMT4Indicators.com
The FXCX Divergence indicator is a technical analysis tool specifically designed for the MT4 platform. It harnesses the power of divergence, a phenomenon where the price movement of an asset and the readings of a technical indicator diverge, potentially foreshadowing a shift in the prevailing trend. Imagine this: you see prices steadily climbing, forming higher…
Revolut Secures Prepaid Card Authorization in India, Plans 2025 App Launch
Revolut is preparing to enter the Indian market next year. The company aims to target high-end consumers in India, the world’s most populous country, as part of its expansion strategy. Revolut first established a presence in India in April 2021. However, it was only earlier this year that the company received an in-principle authorization from…
Brent Crude Oil Rebounds Amid Monetary Easing and Market Dynamics
By RoboForex Analytical Department Brent crude oil has regained its upward momentum, climbing towards 73.63 USD, following a recent decline triggered by comments from US Federal Reserve Chairman Jerome Powell. In his statement, Powell indicated that the Fed would be cautious about further easing monetary conditions, emphasizing that the rate cut schedule should not be…
