There is not a lot on the data agenda for the session ahead, the Reserve Bank of Australia statement will be the focus although it shouldn’t move the AUD too much upon release. The Statement on Monetary Policy (SoMP) will update economic forecasts and the Bank’s assessment on the balance of risks to the outlook
OIL PRICE FORECAST: Oil Continues to Advance as Supply Concerns and Potential Rebound in Demand Keep Prices Elevated. Saudi Energy Minister to Provide a Further Update this Week on the Potential for Further Cuts or an Extension into 2024. IG Client Sentiment Shows Traders are 79% Net-Short on WTI at Present. To Learn More About
Some people are trying to guess the color of the next number, but everyone who understands simple math, also understands that the probability in every round is exactly the same. The same can be applied in trading and if we want to keep it simple, we will say that we need a SL/TP ratio of
© Reuters. The US dollar is showing signs of strain against commodity currencies, despite the rise in yields, indicating a market shift favoring growth over rate differentials, as reported on Thursday. This situation emerges as the Federal Reserve considers potential further rate hikes that could have adverse effects on the US economy. Earlier this week,
The EUR/GBP rallies for the fourth straight day in the mid-North American session, gains a minimal 0.08%, trading at 0.8724 after hitting a daily low of 0.8693. لینک منبع : هوشمند نیوز
In the fast-paced world of financial markets, traders are always on the lookout for effective tools to make informed decisions. One such tool that has gained popularity among traders is the ZigZag WS Channel R v2 MT4 Indicator. In this article, we will delve into the intricacies of this indicator, exploring its features, benefits, and
EUR/USD, PRICE FORECAST: WEEKLY FORECAST: Gold Price Forecast: $1950 Key Support Approaches as Bears Eye Further Downside The Euro appears to be gaining some traction against the Greenback of late. The 1.0700 handle however has proved stubborn with EURUSD unable to maintain gains once crossing the threshold. Markets continue to remain optimistic that the Fed
The Japanese Yen weakened to 151 against the US Dollar, its lowest level since 1990, hurt by hawkish indications from the US Federal Reserve, which could widen the yield differentials between the US and Japan, which has been weighing on the currency for years. The Yen is also still reeling from the BoJ’s policy announcement
Two humanitarian corridors will allow people to flee hostilities We need to see more trucks into Gaza soon US aims for no less than 150 humanitarian trucks per day US told there will be no military operations during the pauses We believe these pauses are a step in the right direction Israel today said it
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