Gold little changed as traders seek more data for Fed rate cues
Gold prices were little changed on Monday as trade The post Gold little changed as traders seek more data for Fed rate cues appeared first on ForexTV. Source link
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Dow and Nikkei 225 Experience Selling Pressure, Nasdaq 100 Losses Contained • Dumb Little Man
Dow’s May Gains Disappear Source: DailyFX The Dow Jones index has surrendered most of its gains from the beginning of May, dropping 2000 points in just two weeks. This sharp decline has shifted the outlook from short-term bullish to one of near-term caution. Buyers previously entered the market above 37,000 in mid-April and around 37,850…
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Week Ahead in FX (June 3 – 7): BOC & ECB Decisions on NFP Week
We’ve got a busy trading week ahead of us since a couple of major central banks are scheduled to announce policy decisions, plus the U.S. NFP is lined up, too! Will we see interest rate cuts from both the Bank of Canada and European Central Bank as expected? Here’s what market analysts are…
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China’s Caixin PMI manufacturing rises to 51.7, production picks up – Action Forex
China’s Caixin PMI Manufacturing index edged up from 51.4 to 51.7 in May, surpassing expectations of 51.5. Caixin reported that production expanded at its most pronounced pace since June 2022, with the fastest growth in purchasing activity in three years. Meanwhile, input price inflation reached a seven-month high. Wang Zhe, Senior Economist at Caixin Insight…
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TMA MT4 Indicator – ForexMT4Indicators.com
Have you ever felt overwhelmed by the sheer amount of information bombarding you while navigating the world of online trading? Fear not, aspiring trader! Today, we delve into a powerful yet straightforward tool waiting to be unleashed in your MetaTrader 4 (MT4) arsenal: the Triangular Moving Average (TMA) indicator. This guide empowers you to understand…
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More from OPEC+: Saudi energy minister says waiting for interest rates to come down | Forexlive
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…
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GBP and Euro Speculator bets rise for multiple weeks
By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT) data published by the Commodities Futures Trading Commission (CFTC). The latest COT data is updated through Tuesday May 28th and shows a quick view of how large market participants (for-profit speculators and commercial traders) were positioned in the futures markets….
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Do you know what a monopoly is? Huh?
Here is an excellent example of an absolute monopoly. As you know, producing commercial airliners is an expensive and hazardous business. For these reasons, the world market is actually divided between two companies: Boeing and Airbus. For decades, outsiders have been prevented from entering. The only real competitor of these giants is the Chinese company…
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AUD/USD Hovers Between the 0.6600 and 0.6700 Price Level Ahead of a Busy Week
While the week seems moderately packed with economic developments that may trigger some movements in the Forex market, the AUD/USD pair seems to maintain a cautious mood at the moment. This could be perceived as the market has been lacking significant movement since the closing of the market on Friday until now. However, this may…
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Qatar Airways closes in on major Boeing, Airbus widebody order, Bloomberg News reports By Reuters – Forex Trader Hub
(Reuters) – Qatar Airways PJSC is nearing a decision on a major widebody order split between Boeing (NYSE:) and Airbus, Bloomberg News reported on Sunday, citing people familiar with the matter. The Middle East carrier is looking at ordering about 200 jets, looking at a mix of Airbus A350s and Boeing 777X models, with a…
