Argentina heads to the polls today and the existance of the currency is at stake

Milei, on the left, leads Massa in the final polls Latin America’s second largest economy heads to the polls today in a major election featuring an outsider taking on Peronist economy minister Sergio Massa. Javier Milei has made major waves in saying he would abolish the central bank and dollarize the economy. A similar experiment

Weekly Market Outlook (20-24 November)

UPCOMING EVENTS: Monday: PBoC LPR. Tuesday: RBA Meeting Minutes, Canada CPI, FOMC Minutes. Wednesday: US Durable Goods, US Jobless Claims. Thursday: US Thanksgiving Day, Australia/Eurozone/UK PMIs, ECB Meeting Minutes, New Zealand Retail Sales. Friday: Japan CPI, Canada Retail Sales, US PMIs, US Black Friday (early markets close). Monday The PBoC is expected to keep the

Australia CFTC AUD NC Net Positions down to $-71K from previous $-65.6K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any

Key Levels MT5 Indicator – ForexMT4Indicators.com

In the fast-paced world of forex trading, having access to accurate and timely information is crucial. Traders are always on the lookout for tools and strategies that can give them an edge in the market. One such tool that has gained popularity in recent years is the Key Levels MT5 Indicator. In this article, we

US stock indices dip in early trading, but still poised for a positive week

The major US stock indices are trading lower at the start of the Friday session. The market gave up earlier premarket gains employed by the futures. However, the indices are still on track for a positive week (3rd in a row). A snapshot of the market currently shows: Dow Industrial Average -37.47 points or -0.11%

United States CFTC Oil NC Net Positions dipped from previous 236K to 215.7K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any

US issues fresh Iran-related sanctions

Biden said this week that the US would bring down Iran’s oil exports but not many people believe him and certainly the oil market doesn’t. The problem is that Iran’s oil is going to China and that’s a difficult flow to stop. There’s no word on what the latest sanctions are. This article was written

Analysis-Cheap yuan catapults China to second-biggest trade funding currency By Reuters

© Reuters. Chinese Yuan and U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Samuel Shen and Rae Wee SHANGHAI/SINGAPORE (Reuters) – Global companies are making a beeline for China’s debt markets, issuing record amounts of yuan-denominated bonds and borrowing heavily from mainland banks, capitalising on rock-bottom yuan

Japan CFTC JPY NC Net Positions declined to ¥-130.2K from previous ¥-104K

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any