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…
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…
(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…
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 traders (for-profit speculators and commercial entities) were positioned in the futures markets. Weekly…
Diane Abbott has said that she intends to “run and win” as Labour’s candidate in the constituency she has represented for 37 years, amid reports that Labour has offered peerages to MPs to stand down. The veteran Labour MP said she had never been offered a seat in the House of Lords and would not…
House Speaker Mike Johnson, R-La., vowed to retaliate for the guilty verdict against former President Trump on Sunday, saying House Republicans would use “everything in our arsenal.” Johnson made the comments during an appearance on “Fox News Sunday” with host Shannon Bream. The speaker emphasized the oversight powers that the House has, and said they…
With expectations of a lower volatility week, our strategists slowed it down a bit with only two forex discussions, surrounding the Australian CPI release. Out of the two discussions, one scenario/price outlook forecasts saw both fundie & technical arguments triggered to become a potential candidate for a risk management overlay. Check out our review on…
How to set Montecarlo EA This is an EA that operates 6 logics (TYPE A to TYPE F) on multiple currency pairs. So it needs to be applied to 19 charts. The setting method is described below. １．Setting method of TYPE Please set each EA to the following currency pairs and time frames. There…
EUR/USD: Awaiting a Turbulent Week Recall that Monday, 27 May was a holiday in the US. However, on Tuesday, dollar bulls took control, and the DXY Index started to rise, bolstered by a significant increase in the US Consumer Confidence Index (from 97.5 to 102.0 against a forecast of 96.0). Consequently, EUR/USD moved southward. Pressure…
In recent developments within the D2T/USD market, the bulls have gained an upper hand over the bears following a prolonged tug-of-war just below the $0.003 price level. Toward the end of May, the market experienced a significant breakout accompanied by a surge in volatility. The bulls capitalized on this increased volatility to establish a higher…