Investing.com – Playing for Swiss franc weakness has by far the most consensus trade since the start of the year, according to Bank of America Securities, yet the currency has failed to weaken as much as expected. At 08:25 ET (12:25 GMT), traded 0.1% higher at 0.8525, up 1.3% year to date, but down 0.6%…
Nexo, the platform that gained popularity by offering crypto lending products, has resumed new client registration in the United Kingdom today (Tuesday), the company announced. Ensuring Local Compliance The crypto platform detailed that before resuming onboarding, it upgraded its platform to meet all FCA guidelines. It has also partnered with Gateway 21 to ensure compliance…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! CADJPY short term forecast update and follow up is here. On July 16th I shared this “CADJPY Technical Analysis And Short Term Forecast” post in our blog. In this post, let’s do a recap…
Fundamental Overview Last week, crude oil has been on a seesaw due to supply side factors as we got the news that Libya was going to close down all oil fields and halt production and exports, and then that Iraq was going to cut production. On Friday, oil weakened again on the news that OPEC+…
Introduction to Central Banks When it comes to the global economy, central banks are the unsung heroes quietly steering the ship through calm waters and stormy seas alike. These institutions are responsible for ensuring that the economy remains stable, inflation is controlled, and employment levels are healthy. But what exactly is a central bank, and…
Markets were largely quiet overnight as US markets were closed for labour day holiday, OCBC FX strategists Frances Cheung and Christopher Wong note. Lots of data coming this way “Market activity could pick up pace as data releases intensify with payrolls to end the week on Fri. Greater emphasis will be placed on labour market-related…
2024.09.03 2024.09.03 Gold Poised to Face Correction. Forecast as of 03.09.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Gold bulls are waiting for a reason to lock in profits on their long positions. They see a strong US dollar and seasonal influences on the gold price as a potential reversal factor. However, another event will trigger a sell-off in the…
Traders Workshop – For Real Success – You Need To Learn From The Best! Complete Trading School by Vladimir Ribakov Hi Traders! GBPNZD short term forecast and technical analysis is here. We do our analysis on the MetaTrader4 platform (MT4), some very interesting, useful tips and hacks about the MT4 platform could be found here. If…
Unlock the Power of GPT4trade.com for Trading: A Guide for Professional Traders on MQL5 In the fast-paced world of financial markets, staying ahead requires not only keen insights but also the right tools to turn strategies into action. As technology continues to advance, traders are now equipped with powerful resources that can significantly enhance their…
This preview of weekly data looks at USOIL and XAUUSD where economic data coming up later this week are the main market drivers for the near short-term outlook. The most important economic data for this week are: US manufacturing PMI, BoC interest rate decision, US services PMI, US job report Tuesday: US manufacturing PMI at…