[ad_1] Share: The New Zealand Dollar trades higher against the US Dollar but lower versus the Yen on Friday. The Kiwi is supported by a relatively benign outlook for inflation amongst most counterparts. NZD/USD establishes a floor and rebounds, resuming the uptrend from midweek. The New Zealand Dollar (NZD) is trading mixed at
[ad_1] 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
[ad_1] Share: The GBP/JPY has rebounded back towards 186.50 after sinking post-UK Retail Sales slide. Investor sentiment is seeing a bounce heading into the Friday close, dragging the GBP back up. With UK data continuing to miss the mark, downside risks remain for the Pound Sterling. The GBP/JPY plummeted below 185.50 in Friday
[ad_1] Patience needed, measured adjustments Fed uncertain if current economic dynamics are ‘remnants’ of pandemic recovery or the new normal Fed not certain if inflation is on track to 2% Fed unsure about length of policy lags Debates are no centred on what constitutes sufficiently restrictive and how long to maintain that stance She’s not
[ad_1] Patience needed, measured adjustments Fed uncertain if current economic dynamics are ‘remnants’ of pandemic recovery or the new normal Fed not certain if inflation is on track to 2% Fed unsure about length of policy lags Debates are no centred on what constitutes sufficiently restrictive and how long to maintain that stance She’s not
[ad_1] Today I present you an overview of trades made using the Owl strategy – smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from November 13 to 17, 2023. For convenience and timely receipt of signals I use the Owl Smart Levels Indicator. The main trading timeframe is M15, while the H1
[ad_1] Share: The XAG/USD surged to a daily high of $24.15 and then settled at $23.70. Dovish bets on the Fed weight on the US Dollar and yields favouring the metal. Fed’s Susan Collins warned markets that tightening may not be over. The XAG/USD surged to a high above $24.00 on Friday and
[ad_1] The Sunday Times reports that British finance minister Jeremy Hunt is considering cutting income tax or national insurance as they try to rescue their election hopes as they trail badly in polls. “We do want to bring down the tax burden but we will only do so responsibly,” Hunt told Sky News. “The one
[ad_1] MARKET WEEK AHEAD FORECAST: GOLD, US DOLLAR, EUR/USD, OIL U.S. Treasury yields retreated over the past few days, weighing on the broader U.S. dollar Meanwhile, gold prices, the Nasdaq 100 and EUR/USD rallied, breaching key technical levels during their move higher Few high-impact events are expected in the coming days, with a shorter trading
[ad_1] Share: AUD/USD experienced a notable uptick, gaining 0.67% in the New York session and heading towards a weekly increase of over 2.30%. Despite Federal Reserve officials resisting the idea of rate cuts in 2024, market futures are pricing in a potential easing of 100 basis points by December next year. Upcoming week
