BIDEN SAYS XI JINPING IS A “DICTATOR” HOURS AFTER MEETING WITH THE CHINESE LEADER – Market News – 20 November 2023

American president justified the comment: “He is a man who runs a communist country” After a four-hour meeting in San Francisco, California, the American president   Joe Biden   called the Chinese leader   Xi Jinping   in   “dictator” . For Biden,   “he is a dictator in the sense that he is a man who runs a country that is communist” . The American also said that

NZD/JPY extends losses, as bulls struggle to gather momentum

Share: NZD/JPY sits at 89.50, noting minor losses as market sentiment skews somewhat bearish Subdued buying momentum is signalled by the RSI’s negative gradient on the daily chart and the diminishing green bars of the MACD histogram. On the broader context, the pair’s ascendancy above the 20, 100, 200-day SMA suggests bullish control.

XAU/USD Starts the Week Lower, FOMC Minutes Next

Gold, Silver Analysis Gold eases after last week’s advance – quieter week on the economic calendar FOMC minutes and reports of a new phase in the Israel-Hamas war present potential catalysts Silver encounters a challenge at channel resistance The analysis in this article makes use of chart patterns and key support and resistance levels. For

BOE Bailey: Far to early to be thinking about rate cuts

BOE Bailey: Far too early to be thinking about rate cuts Returning inflation to 2% target remains our absolute priority When inflation is high, we take no chances The tragic events in the Middle East have added upside risk to energy prices Labor market remains tight despite softening recently Wage inflation remains elevated. We must

Recovery Continues as Expectations for OPEC Cuts Grow

OIL PRICE FORECAST: Oil Recovery Now Up 7%+ from Last Week’s Lows with $80 a Barrel Now in Sight. Speculation Continues to Mount Around Further Supply Cuts from OPEC+ as the Organization Meets Later this Month. Technical Hurdles Ahead May Prove Insignificant as Sentiment and OPEC Concerns Keep Bulls Interested. To Learn More About Price

What is the Stochastic Oscillator? – Analytics & Forecasts – 21 November 2023

What is the Stochastic Oscillator? The Stochastic Oscillator is an indicator that compares the most recent closing price of a security to the highest and lowest prices during a specified period of time. It gives readings that move (oscillate) between zero and 100 to provide an indication of the security’s momentum.   The stochastic readings

Indonesia and Singapore launch cross-border QR payment system By Investing.com

© Reuters. SINGAPORE – The central banks of Indonesia and Singapore have officially launched a cross-border QR payment linkage, a major step forward in financial integration between the two Southeast Asian nations. This new system allows users to make retail transactions seamlessly across borders by scanning QR codes through mobile apps, specifically QRIS in Indonesia

XAU/USD edges lower amid recovering US yields as markets await new catalysts

Share: The XAU/USD trades near the $1,970 level, recording a loss of 0.40%. US yields recovered and traders await potential new catalysts to model their expectations on the next Fed moves on a quiet week.  The week’s highlights are the FOMC minutes on Wednesday. In Monday’s session, XAU/USD is seeing 0.40% losses, trading

High Way Channel MT4 Indicator

In the fast-paced world of financial markets, traders are constantly seeking tools and strategies to gain an edge. One such tool that has gained popularity in recent years is the High Way Channel MT4 Indicator. In this article, we will take a deep dive into this technical indicator, exploring its functionality, application, and how it