USD/SEK declines further after mixed US S&P PMIs and hawkish Riksbank hold

Share: The USD/SEK  pair witnessed a 0.30% drop, hovering around the 10.452 level. Mixed S&P PMIs make the US struggle to gather demand.  Riksbank’s hawkish hold on Thursday strengthened the SEK as the bank didn’t rule out a hike in 2024. The Swedish Krona (SEK) is gaining ground against the US Dollar (USD) in

Lloyds shakeup. Over 2500 jobs reportedly at risk

Citigroup has started their purging of manager jobs as they start the reorganization. Now The Guardian is reporting that Lloyds is looking to shed 2,500 jobs in their own shakeup. Job cuts beget job cuts. Banks and financial institutions tend to march to the same drum when they hire (the competition for deals is intense)

Bitcoin Rates Soar on Spot BTC ETF Hype – Analytics & Forecasts – 24 November 2023

The Bitcoin blockchain reached $11.6 million in fees paid on November 16, with the average transaction fee increasing 746% year-over-year. READ TOO The Outlook for a $36,492.20 Bitcoin Exchange-Traded Fund (ETF)   soon to be approved in the United States has increased demand for the leading cryptocurrency, leading to an increase in transaction fees. The Bitcoin

New Zealand Dollar likely to close near weekly high

Share: The New Zealand Dollar continues cruising higher on broadly positive market sentiment. The Kiwi rises in line with global equities as Oil continues its downtrend and US PMIs come in mixed. NZD/USD ends the week on a high note, rising to within close proximity of the 200-day SMA at 0.6100. The New

Better Volume 1.5 MT5 Indicator

In the world of online trading, precision and accuracy are paramount. Traders are constantly seeking tools and indicators that can help them make informed decisions and maximize their profits. One such tool that has gained significant attention in recent times is the Better Volume 1.5 MT5 Indicator. In this article, we will explore this indicator,

ECBs Muller: Inflation is clearly showing a trend of slowing

ECB’s Muller is chatting late on Friday in Europe saying: Inflation is clearly showing a trend of slowing We probably do not need to increase rates anymore.  High ECB rates are smaller problem than high inflation.  This article was written by Greg Michalowski at www.forexlive.com. لینک منبع : هوشمند نیوز

PROP FIRM TRADING. PART 2 – My Trading – 24 November 2023

In my first blog post, I provided an overview of Prop Firm Trading. I address fundamental questions, such as what it entails, why it is attractive to beginner traders, and how these proprietary companies operate. I explored in detail the tests and requirements that traders must pass to participate in trading with a proprietary firm.

AUD/USD hits three-month high amid mixed US economic reports By Investing.com

© Reuters. The Australian dollar reached a three-month peak against the US dollar today, trading at 0.6591, buoyed by a combination of positive market sentiment and waning US dollar strength. The shift in currency dynamics follows the release of mixed economic indicators from the United States. Today’s reports showed an expansion in the US services