I don’t envy Kazuo Ueda. The Bank of Japan governor faces the task of unwinding the world’s most-aggressive policy of QE and ultra-easy rates in the world’s most-indebted country. He took a small step towards less-aggressive policy on Tuesday and that has helped to prop up the yen. Earlier today, Reuters reported that the BOJ
Number of traders net-short has increased by 29.47% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Wall Street BULLISH 48.03% 51.97% -9.53% Daily -18.73% Weekly 12.61% Daily 29.47% Weekly 0.77% Daily 0.77% Weekly of clients are net long. of clients are net short. Change in Longs
EUR/USD ANALYSIS Euro area economic situation stays weak but EUR bulls capitalize on US data. NFP and US ISM services PMI in focus tomorrow. EUR/USD stays within developing rising wedge. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts
The “Stochastic Advanced” indicator will display the signals of the ‘Stochastic” indicator directly on the chart without the presence of the indicator “Stochastic” itself at the bottom of the screen. The indicator signals can be displayed not only on the current timeframe, but also on a timeframe one level higher. In addition, we have implemented
The exchange rate remained stable at €1.1502 on Thursday, as investors awaited the Bank of England’s (BoE) decision on interest rates amidst deteriorating economic conditions in the UK. This comes in the wake of October’s manufacturing PMI data, which showed a significant contraction in UK factory activity, fueling fears of a recession. S&P Global Market
In the ever-evolving world of financial markets, understanding market volatility is paramount for traders and investors alike. One powerful tool that has gained significant popularity among traders is the Volatility Quality MT4 Indicator. In this article, we will delve into the depths of this indicator, unraveling its intricacies, and exploring how it can be a
US Dollar (DXY) News and Analysis Fed holds interest rates but nods to ever tightening conditions Are US treasuries signaling a peak in US interest rates? Markets turn to fundamental data to gauge the effect of restrictive policy The analysis in this article makes use of chart patterns and key support and resistance levels. For
After a surprise pause in September here, the BOE has gotten away with making their job a little easier in communicating today’s policy decision. The thinking previously was to get one more rate hike in as they could still get away with it. But now that ship has sailed and we’re left staring at another
Number of traders net-short has increased by 21.28% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Germany 40 BULLISH 48.81% 51.19% -20.07% Daily -16.86% Weekly 40.09% Daily 21.28% Weekly 2.45% Daily -0.91% Weekly of clients are net long. of clients are net short. Change in Longs