© Reuters. The South African rand strengthened against the dollar today, buoyed by the US Federal Reserve’s dovish comments that signaled potential rate cuts in the future. This shift in stance by the Fed has provided a boost to emerging market currencies, with the rand climbing 0.5% to 18.4994 against the dollar by 0951 GMT.
Eurozone Business Climate: -0.39 (November) vs previous -0.33 لینک منبع : هوشمند نیوز
KIWI DOLLAR TALKING POINTS AND ANALYSIS Fed peak + RBNZ hawkishness supportive of NZD. All eyes shift to the US for the rest of the trading week. Technical signals point to downside to come. Want to stay updated with the most relevant trading information? Sign up for our bi-weekly newsletter and keep abreast of the
Economic Indicators & Central Banks : US consumer confidence improved better than expected, but it follows big downward revisions to October. The consumer confidence rise joins a Michigan sentiment decline to a 6-month low. All the surveys face headwinds from elevated mortgage rates, tight credit conditions, and fears about developments in the Middle East. Fed’s
That (the discussion) is not happening We have not seen enough evidence of inflation moving to 2% yet to be confident Well, either way markets are still convinced that we’ll get to this point by some time during the middle of next year. For now, with inflation still needing to trend lower, we can’t expect
Number of traders net-short has increased by 29.83% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI NZD/USD BULLISH 48.80% 51.20% -11.46% Daily -11.81% Weekly 17.50% Daily 29.83% Weekly 1.32% Daily 5.52% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
GOLD OUTLOOK & ANALYSIS Falling real yields make gold more attractive to investors. US economy in focus later today. Bearish/negative divergence on daily gold chart could bring bears back into the picture. Elevate your trading skills and gain a competitive edge. Get your hands on the GOLD Q4 outlook today for exclusive insights into key
Osmosis is an advanced data driven automated trading robot which uses dynamic price differential algorithm and market volume to trade retracement on Gold (XAUUSD) . The price differential algorithm identifies various possible prices of execution, simultaneously pends and modifies orders until it gets the best possible price of execution. This makes the EA to use a
Investing.com– Most Asian currencies rose on Wednesday as less hawkish signals from Federal Reserve officials ramped up hopes for an early interest rate cut in 2024, which put the dollar near four-month lows. The was the best performer for the day, rallying nearly 1% after the Reserve Bank of New Zealand , but flagged potential
Western Texas Intermediate (WTI), the US crude oil benchmark, is trading around $76.60 so far on Wednesday. لینک منبع : هوشمند نیوز
