Asia FX, dollar subdued ahead of Fed’s Powell speech

The Australian dollar has steadied on Monday after posting sparkling gains of 1.1% on Friday. In the North American session, AUD/USD is trading at 0.6503, up 0.18% on the day. Powell sends US dollar sharply lower The US dollar retreated against all the major currencies on Friday, including the Australian dollar. This followed Federal Reserve…

Newsquawk Week Ahead: Highlights 24th-28th March 2025 Highlights include US PCE, Global PMIs, UK CPI and SpringStatement, Australian & Tokyo CPI, BoJ SoO   MON: EZ/UK/US Flash PMIs (Mar) TUE: PBoC MLF Announcement, NBH Announcement, German Ifo Survey (Mar), US Richmond Fed (Mar) WED: BoC Minutes, CNB Announcement, Australian CPI (Feb), UK CPI (Feb), US…

The major US stock indices are closing lower for the day and lower for the week. The decline this week is the 5th consecutive weekly decline. The S&P decline is the worst string in 4 years. A look at the closing levels shows: Dow industrial average-793.78 or -1.73% at 45166.33. S&P index fell -108.49 or…

How You Can Trade Opening Week Gaps – Forex Trading Forum February 10, 2025 /Posted byGVI Forex / 102 / …

Coinbase (NASDAQ: COIN) has plummeted 46% from its peak. This sharp decline mirrors a broader sell-off gripping both crypto and equity markets. The convergence of these downturns creates a critical technical juncture for the stock. Today, we will dissect the Elliott Wave correction currently in progress. Our analysis establishes a clear potential path for the stock over…

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