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Chart Art: EUR/NZD Long-Term Range Support
After getting rejected on its long-term range resistance, EUR/NZD now seems to have its sights set back on testing support. Will the floor hold again? Take a look at these inflection points I’m watching on the daily time frame: EUR/NZD Daily Forex Chart by TradingView A combination of risk-on flows and relatively upbeat data from…
Inside the Prediction Markets: Interactive Brokers Starts “Trading the Future” as SEC Stalls ETF Plans
This week, Interactive Brokers integrated contracts from Kalshi, CME Group, and ForecastEx into a single trading platform for retail and institutional clients. At the same time, the SEC slowed down a wave of prediction market ETFs, while the CFTC eased reporting requirements for operators. Here’s what mattered this week. Interactive Brokers Brings Prediction Markets Into…
Chevron reports Q2 earnings miss on weak refining margins By Reuters – Forex Trader Hub
By Sabrina Valle and Mrinalika Roy (Reuters) -Chevron reported second-quarter earnings on Friday that missed Wall Street estimates due to industry-wide pressure from lower refining margins and prices, sending its shares down 1.5% in premarket trading. The company earlier had warned oil output this quarter would slip and refining would suffer from turnarounds at two…
Trustpilot Faces “Mafia-Style Extortion” Model Allegations: Will It Affect Brokers, Props?
Fail Better Trading Tech to Tackle Industry Risks Fail Better Trading Tech to Tackle Industry Risks Fail Better Trading Tech to Tackle Industry Risks Fail Better Trading Tech to Tackle Industry Risks Fail Better Trading Tech to Tackle Industry Risks Fail Better Trading Tech to Tackle Industry Risks Much like their traders in the market,…
Markets Weekly Outlook – Tesla, Netflix Earnings, US CPI and China’s Five-Year Plan in Focus as US-China Tensions Simmer
Next week will definitely be a busier one as we did have a bit of a data break this week. Obviously the US Government shutdown has hampered US data releases but there was also a lack of high impact data from around the world. . The week ahead brings a host of high impact data…
GBP and CHF Extend Decline Following Fed Meeting, Market Focus Shifts to Bank of England and Swiss National Bank Decisions
The British pound and the Swiss franc remain under pressure against the US dollar following the Federal Reserve’s latest meeting, where the regulator left its key interest rate unchanged and signalled no rush to shift the course of monetary policy. Despite easing inflation, the Fed has maintained a relatively hawkish stance, citing the need for…
