Israel Defense minister: Pause in military action is a short pause

The pause in the war in the Gaza/Isreal has paused as hostage exchange started today. However, the Israel defense minister says the pause will be a short pause, and that the full military force will resume operation.  This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز

GBP/USD climbs above 1.2600, driven by optimistic UK data

Share: GBP/USD hits 12-week high amid positive data The Pound Sterling (GBP) advances to a new 12-week high against the US Dollar (USD) courtesy of better-than-expected data revealed on Thursday, which sparked a sell-off of Gilts; consequently, UK bond yields rose. The GBP/USD is trading at 1.2606 after hitting a high of 1.2615.

Canada retail sales for September 0.6% vs 0.0% estimate

Canada retail sales Prior month -0.1% (they were expecting -0.3%) The September advance estimate was 0.0% Retail sales for September 0.6% vs 0.0% est. Ex auto 0.2% vs -0.2% est. Prior month ex auto, +0.1% Ex auto and gas -0.3%% vs -0.3% last month October advanced estimate 0.8% Retail sales were up in 4 of

GBP/JPY breaks above 188.50, hits its highest bids since August 2015

Share: GBP/JPY crosses 188.50, hits eight-year high as markets rally into the Friday close. The Pound Sterling is set for its fourth straight up day against the Yen. Risk appetite is catching a broad-market bid to cap off the trading week. The GBP/JPY has broken into new eight-year highs above 188.50 as the Pound

US stocks are set to open little changed as the week comes to a close

As the US stock market prepares to open for the holiday shortened week, the major indices are looking to open little changed. The Dow is up 49 points after closing up 184.74 points on Wednesday The S&P is up 0.88 points after closing up 18.45 points on Wednesday The Nasdaq is trading -9.5 points after

Dollar remains vulnerable, focus turns to inflation data

Share: In a shortened week, the US Dollar posted losses again. Next week, the key report in the US will be the Core PCE. Consumer inflation data is also due in the Eurozone with the preliminary November figures and in Australia with the October Monthly CPI. The Reserve Bank of New Zealand will

Kickstart your FX trading with a technical look at the EURUSD, USDJPY and GBPUSD

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 not

EUR/JPY sets a late high for the week above 163.60 in Friday risk rally

Share: The EUR/JPY followed the Friday technical rally into a new high for the week. The Euro pulled out of an early dip in the week, closing higher for three straight days. Japan inflation ticked higher on Friday, next week has Eurozone inflation in the barrel. The EUR/JPY rose for the third straight

US stock indices opening little changed in early US trading

The holiday-shortened week is off and away in the US with the major indices opening trading above and below unchanged. A snapshot of the market currently shows: Dow is up 50 points or 0.15% at 35329 S&P index -1 point or -0.03% at 4555 .30 Nasdaq index -24 points or -0.17% at 14241 The US

WTI Crude Oil dips amid easing geopolitical tensions, OPEC+ deliberations

Share: WTI crude oil prices declined following the start of a truce in the Gaza Strip. OPEC+ postpones crucial meetings, sparking speculations of potential oil production cuts for 2024. Global factors like higher US crude stockpiles, China’s uncertain oil demand, and non-OPEC production growth contribute to Oil price trends. West Texas Intermediate (WTI),