Share: The AUD/NZD has etched in a new weekly low at 1.0780 after a week of declines. The Aussie’s backslide comes after reaching a technical ceiling at 1.0940. Buyers to be pushed to the back end for next week if they can’t grab ahold of moving average barriers. The AUD/NZD has managed to
Here is a great chart snapshot from BMO showing how Fed pricing has changed in the past year. Most of 2023 involved the market buying into the idea of higher-for-longer Fed funds but since October 18, there has been a fresh attempt to price in rate cuts, despite ongoing hawkish Fed rhetoric. That came after
What is needed to achieve true HFT speed for True HFT? https://www.mql5.com/en/market/product/102747 Example of what is needed with the VPS for 1 microsecond. This is taken from examples of HFT premium and dedicated servers. Virtual Private Server (VPS). These specifications describe the resources allocated to a virtual machine that is hosted on a physical server
© Reuters. Today, as the North American trading session commenced, the New Zealand Dollar (NZD) demonstrated strength while the British Pound (GBP) lagged. The U.S. Dollar (USD) exhibited mixed performance against various currencies, with rebounding due to the impact of the Federal Open Market Committee (FOMC) decision. China’s economic situation continues to be challenging, with
Share: The Canadian Dollar has seen little but downside this week. A pivot to market Fed expectations is sending investors into the US Dollar. Crude Oil bids try to recover, limiting Loonie losses for Friday. The Canadian Dollar (CAD) is in the red overall for the week, seeing only a minor gain on
The major stock indices are closing near session highs with the NASDAQ index leading the way. All 3 major indices are closing above their 100-day moving averages (bullish). All 3 indices are closing higher for the week. A snapshot of closing levels shows: Dow industrial average +391.16 points or 1.15% at 34283.09. Its 100-day moving
Understanding Synthetic Indices and Lot Size Calculation Introduction to Synthetic Indices Synthetic indices are a novel and increasingly popular component of the financial markets. They simulate real-world market conditions using computer algorithms, offering a unique blend of consistency and variability. Unlike traditional assets, synthetic indices are unaffected by real-world events such as economic changes, political
The People’s Bank of China (PBOC) has reaffirmed its commitment to prudently internationalize the yuan and liberalize the financial market, as stated on Thursday. The central bank is set to increase the use of the yuan in global transactions, a move that supports global investors’ asset allocation and encourages more overseas central banks to issue
Share: Mexican Peso climbed on Friday, but the USD/MXN shows weekly losses of more than 1%.. Banxico’s decision to maintain interest rates at 11.25% and a shift in language hinting at less hawkish future policy impacts the Peso. Federal Reserve Chair Jerome Powell commented that the Fed would not hesitate to adjust monetary
In the fast-paced world of forex trading, having access to accurate and reliable indicators is crucial for making informed decisions. One such indispensable tool in a trader’s arsenal is the Spearman Correlation MT4 Indicator. In this article, we will delve into the intricacies of this technical indicator, exploring its significance, functionality, and practical applications. Understanding
