An event to look out for today: 17:00 GMT+3. USD – ISM Manufacturing Index USDJPY: The Japanese yen (JPY) ended its four-day losing streak and rose against the US dollar on Tuesday. However, the yen faced headwinds as weak Japanese industrial production data fueled speculation that the Bank of Japan (BoJ) may postpone further rate…
Astronix Pro EA: A Comprehensive Review of the Forex Trading Tool In the fast-paced world of forex trading, automation tools like Expert Advisors (EAs) have become essential for traders seeking to maximize profits while minimizing manual effort. Among these tools, Astronix Pro EA stands out for its advanced features and sophisticated trading strategies. In this…
On Tuesday, Leonteq Securities AG and Saxo Bank announced a strategic partnership to enhance the manufacturing and distribution of structured products. As part of the collaboration, Leonteq explained that Saxo will adopt a white-labelling issuance model developed by Leonteq, becoming a sponsor responsible for distributing Saxo-guaranteed structured products to its extensive client base via its…
The reason for the optimism is a report from Reuters that CEO Pat Gelsinger is planning to present a comprehensive plan to the board of directors in mid-September: → Special attention will be given to reducing capital expenditures, which is part of a broader effort to revitalise the chipmaker, whose shares have experienced a dramatic…
Great Britain’s renewable energy auction has secured enough new clean electricity projects to power 11m UK homes after the Labour government made record funding available to suppliers. The £1.5bn auction will support a total of 131 new projects including windfarms, solar farms and tidal power projects after the new government increased the amount of funding…
By Suzanne McGee (Reuters) – Last October, Matthew Hougan told an industry panel that he expected spot bitcoin exchange-traded funds (ETFs) to attract $55 billion of assets in their first five years. As of late August this year, about eight months after their debut, the 10 new funds approved by U.S. regulators collectively boasted more…
The price of gold traded at $2,501. The post Gold price today: Gold is trading at $2,501.07 appeared first on ForexTV. Source link
GBP/CAD has been in a downtrend after hitting a previous resistance area. Will the pair extend its downtrend after the BOC publishes its September policy decision? We’re taking a closer look at the 1-hour time frame! This Article Is For Premium Members Only Become a Premium member for full website access, plus get:…
Daily Pivots: (S1) 1.3470; (P) 1.3490; (R1) 1.3514; More… Intraday bias in USD/CAD remains neutral at this point. Some more consolidations would be seen above 1.3439, and stronger recovery cannot be ruled out. But further decline is expected as long as 1.3617 resistance holds. Break of 1.3439 and sustained trading below 61.8% retracement of 1.3091…
GBP/USD has broken below the rising price channel on the 4-hour chart, indicating that the uptrend from 1.2664 has likely ended at 1.3265. Current Outlook Downside Momentum: The pair is now trading below a falling trend line on the 4-hour chart. As long as this trend line resistance holds, the downward move from 1.3265 is…