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Fed Delivers Another 25bp Cut But Signals More Cautious Path Ahead
BySilas WWe listen and we don’t judge, but a lot of other traders sure judged the heck out of the Fed’s new policy outlook! As expected, the Fed pulled the trigger on another 25-basis-point rate cut at its December meeting, lowering the federal funds rate to a range of 4.25-4.50%, marking its third straight cut this…
Nvidia stock has 25% upside
BySilas WNvidia’s stock has surged to unprecedented heights, and Melius Research suggests the momentum isn’t over. A recent note by Ben Reitzes, managing director at Melius, raised Nvidia’s price target to $185, suggesting a potential 26% increase from its current level. Reitzes likens Nvidia’s trajectory to Apple’s groundbreaking iPhone launch, suggesting that selling now could be…
U.S. Dollar Recap 2024 – Part 2: How Data & the Fed Shaped Dollar’s Dip
BySilas WLet’s continue our recap of the year for the U.S. dollar by breaking down the downtrend we saw in the Greenback between April and September. Source link
AUD/USD Weekly Report – Action Forex
BySilas WAUD/USD’s rally from 0.6348 extended higher last week and with late break of 0.6642 temporary top, initial bias is back on the upside this week. Further rise should be seen to 0.6798 resistance next. On the downside, below 0.6569 minor support will turn bias to the downside for retreat. In the bigger picture, overall, price…
How to Trade in a Holiday Market
BySilas WHow to Trade in a Holiday Market – Forex Forum December 22, 2024 /Posted byGVI Forex / 1045 / Source…
Dollar slips ahead of payrolls; sterling gains despite weak jobs data
BySilas WDollar slips ahead of payrolls; sterling gains despite weak jobs data Source link

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