The major European indices are all closing lower on the day. The declines are led by the German DAX down 1.02%. Italy’s FTSE MIB is also lower with a decline of -1.14%. A snapshot of the final numbers shows: German DAX, -1.02% France CAC, -0.75% UK FTSE 100, -0.35% Spain’s Ibex -0.97% Italy’s FTSE MIB,…
It’s almost time for the highly-anticipated Bank of Canada (BOC) policy decision! Will they cut interest rates this June as expected? And will they signal scope for more easing? Here’s what market analysts expect and how the Loonie might react. This Article Is For Premium Members Only Become a Premium member for full…
By Gertrude Chavez-Dreyfuss and Harry Robertson NEW YORK/LONDON (Reuters) -The U.S. dollar rallied on Tuesday after falling overnight to its lowest against the euro, sterling and Swiss franc since mid-March, as investors consolidated gains in other currencies ahead of a key nonfarm payrolls report later this week. The greenback, however, pared gains against a basket…
Microsoft Layoffs: 1,500 Jobs Affected in Azure Cloud Unit Home Technology Microsoft Layoffs: 1,500 Jobs Affected in Azure Cloud Unit Source link
USD/JPY pulls back after markets’ risk-off tone generates safe-haven demand, benefiting the Yen. The BoJ might be considering reducing bond purchases at its June meeting according to rumors reported by Bloomberg. Such a move would raise Japanese bond yields and support the Yen – a negative for USD/JPY. USD/JPY falls to the 155.00 barrier on…
Fed sticks to ‘higher for longer’ mentality PMIs pose downside risks to nonfarm payrolls But point to sticky wage growth The data comes out on Friday, at 12:30 GMT US inflation slows but Fed signals patience Although the latest CPI data revealed that inflation in the US has resumed its downtrend, Fed officials have been…
Sugar ↑ almost 3% month-to-date Roughly 25% away from 2024 high H1 prices bullish but RSI overbought Technical levels – 19.08, 18.90 and 18.50 Check this out, FXTM’s new Sugar commodity has just touched a fresh three-week high! After wobbling near multi-week lows, prices clipped above 18.90 cents per pound on Tuesday. Note: Sugar is…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! GBPCAD short term forecast update and follow up is here. On April 23rd, 2024 I shared this “GBPCAD Short Term Forecast And Technical Analysis” post in our blog. In this post, let’s do a…
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Pro account is for professionals, definitely not for newcomers =D That is the reason why I chose it, I got acquainted with everything that it gives to me such as better spreads, faster execution, dedicated account manager and leverage up to x400. I am not sure about spreads, because I didn’t trade… Source link