By Adam Simpson, University of South Australia After two tumultuous weeks in Thai politics, the country has a new prime minister and new opposition party in parliament. The sweeping changes have demonstrated yet again the power of the Constitutional Court over Thailand’s fragile democratic institutions. The political intrigue began on August 7 when the court…
Likelihood Rises that Both the Fed and ECB Will Cut Interest Rates Next Month August 22, 2024 A sizably large downward benchmark revision of U.S. jobs growth between March 2023 and March 2024 is the latest news to solidify the probability that the Fed will start cutting interest rates in September. Investors look to Chairman…
The Japanese Yen has seen significant volatility in recent weeks, influenced by factors like US Dollar recovery and mixed Japanese economic data. USD/JPY shows potential for retesting the 150.00 level, with resistance at 146.37 and support around 143.60. EUR/JPY mirrors USD/JPY’s movements, with resistance at 163.50 and the potential for a 200-pip rally if it…
2024.08.22 2024.08.22 Ethereum Price Forecast & Predictions for 2024, 2025–2026 and Beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ The cryptocurrency market is volatile by nature and, thus, is difficult to predict. Nonetheless, cryptocurrency experts have tried their best to forecast the price of Ethereum in 2024 and beyond. ETH’s price prediction is a controversial topic, but the price of…
Fed Rate-Cut Awaited in September: Officials Stance Home Stocks Fed Rate-Cut Awaited in September: Officials Stance Source link
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Shares gained ground and the dollar remained subdued on Thursday after Federal Reserve minutes signalled U.S. interest rate cuts were set to begin in a few weeks’ time. The minutes said the “vast majority” of…
Dow Jones – 22.08.2024 – Orbex Forex Trading Blog XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX;visibility:hidden”> Source link
Daily Pivots: (S1) 0.8502; (P) 0.8524; (R1) 0.8538; More…. EUR/GBP’s fall from 0.8624 resumed by breaking through 0.8507 temporary low as well as 55 D EMA (now at 0.8498. Intraday bias is back on the downs for 61.8% retracement of 0.8382 to 0.8624 at 0.8474. Firm break there will argue that recent down trend is…
Nifty index cover 1 This morning, the Nifty Index reached a new weekly high of 24867.35, continuing its recovery from last week During this morning’s Asian trading session, the German 40 formed a new weekly high at the 18530.2 level Nifty chart analysis This morning, the Nifty Index reached a new weekly high of…
By JustMarkets Stocks in the US ended the session higher on Wednesday. The Dow Jones Index (US30) rose by 0.14%, while the S&P 500 Index (US500) gained 0.42%. The NASDAQ Technology Index (US100) closed positive, 0.57% yesterday. Stocks rose on Wednesday after a significant downward revision to US payrolls data and a dovish FOMC meeting minutes from July 30-31 drove bond yields lower…