© Reuters. FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo (Reuters) – , the world’s largest cryptocurrency, rose more than 5.3% on Wednesday to $37,978, near a one-week high. It has risen about 125% so far this year.
Share: USD/JPY meets with some supply on Thursday and reverses a part of the overnight strong move up. Intervention fears, along with the cautious mood, underpin the JPY and exert pressure on the major. The Fed-BoJ policy divergence should continue to act as a tailwind for the pair and help limit losses. The
In the fast-paced world of forex trading, staying ahead of the curve is crucial. Traders are always on the lookout for tools that can provide them with an edge in the market. One such tool that has been gaining traction in recent times is the PZ Super Trend MT5 Indicator. In this article, we will
Global Bond Yield Analysis US and UK price pressures slow down. Interest rate forecasts point to a series of cuts next year. DailyFX Economic Calendar The bond market is back in the headlines again as global yields slumped yesterday after the release of the latest US inflation report. While Tuesday’s US CPI report showed both
The bulk in the +55K gain in jobs was part-time, which will take some of the heat out the headline. Nevertheless it points to still strong demand for labour and keeps wage pressures on the simmer. Unemployment rate 3.7% as expected, despite a higher participation rate It won;t be long until thoughts turn to this
This article focuses on the technical outlook for EUR/USD, Nasdaq 100 and crude oil (WTI Futures), taking into account sentiment analysis and recent price action dynamics. Most Read: US Dollar Forecast – Fed Pivot Ahead? Setups on USD/JPY, GBP/USD, AUD/USD For a comprehensive assessment of the euro’s medium-term outlook, make sure to download our Q4
Good evening. Today I traded on the signals of my indicator. Trading the GBPCHF pair on the M1 timeframe. Great result, today I earned $ 35. Buy signal: up arrow. If there are open sell positions, they need to be closed. Sell signal: downward arrow. If there are open buy positions, they need to be closed. There are situations when several signals appear
© Reuters. U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Herbert Lash NEW YORK (Reuters) -The dollar gained on Wednesday after still strong U.S. retail sales fell less than expected in October, a reminder for the market that a definitive date for the Federal Reserve to cut
Share: The DXY index first declined to 104.00 and then recovered to 104.40. The headline and core PPI cooled down in October, while US Retail Sales declined but were lower than expected. Investors seem to worry that strong economic activity data might weigh more than cooling inflation in the Fed’s eyes. The US
Euro Analysis Markets price in the same amount of rate cuts for the ECB as they do in the US EUR/USD contemplating a reversal after surpassing the 200 SMA Risk events: US retail sales and central bank speakers The analysis in this article makes use of chart patterns and key support and resistance levels. For
