Share: Bank of Canada Governor Tiff Macklem said on Friday that they were concerned because they were not really seeing a downward momentum in inflation, per Reuters. Key quotes “Bank of Canada is not expecting a recession in Canada.” “When bank releases economic projections on October 25, we’re not going to be forecasting
In the fast-paced world of financial markets, traders are always on the lookout for tools and indicators that can help them make informed decisions. One such tool that has gained popularity among traders is the MACD 2 MT5 Indicator. In this article, we will delve into what this indicator is, how it works, and how
Yesterday, we got an enormous US crude oil supply build, erasing five weeks of draws. It was coupled with data showing US oil production at the highest ever. Yet today we have oil up $4.69 to $87.56 and above the post-Hamas attack peak. I highlight the fibonacci retracement levels from the October rout on this
EUR/USD ANALYSIS Focus on China, Israel-Palestine and economic data. EUR/USD could re-test yearly lows at 1.0445. 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 that should be on every trader’s radar. Recommended by Warren Venketas Get Your Free
EUR/USD: Inflation Drives Trends ● At the beginning of last week, the Dollar Index (DXY) continued its decline that began on October 3, while global equity markets experienced growth. The dovish stance of Federal Reserve officials and the falling yields on U.S. Treasury bonds were driving factors. In recent days, the regulators have been
Share: Nvidia stock sells off at the beginning of Friday’s session. President Joe Biden’s administration intends to bar foreign units of Chinese companies from accessing Nvidia’s H100 and A100 GPUs. NVDA stock has been rising for more than three weeks now. Chinese companies have been remotely accessing AI chip technology, according to Reuters.
CIBC today indicates that next week it will upwardly revise its forecasts for US economic growth and pencil in an additional Fed hike this year. That move goes against the current prevailing market thinking that has the Fed stuck on the sidelines for months. Current pricing suggests only an 8% chance of a hike on
US Dollar, Euro, Australian Dollar vs. Japanese Yen – Price Action: USD/JPY is flirting with the psychological 150 mark. EUR/JPY continues to be capped at key resistace; AUD/JPY is holding above key support. What is the outlook and what are the key levels to watch in select JPY crosses? Looking for actionable trading ideas? Download
This guide is part of larger UTM Manager Guide – Other – 30 January 2023 – Traders’ Blogs (mql5.com) Part 1: How to Receive a Trial Version Finding Your Trading Account Number: Open MetaTrader 5 (MT5). On the left panel, look for the “Navigator” section. Under “Navigator”, you will see a section named “Accounts”. Here,