Share: USD/JPY falls below the key 150.00 level, trading at 149.76, down 0.64% amidst a shift in market sentiment. US housing data shows resilience with Building Permits and Housing Starts exceeding expectations but fails to support USD/JPY. Bank of Japan Governor Kazuo Ueda emphasizes the need for patience in monetary policy, linking future
In the world of forex trading, success often hinges on the ability to make informed decisions. Traders rely on various tools and strategies to gain an edge in the volatile markets, and one such tool that has proven invaluable is the Moving Average (MA) indicator. Among the multitude of MAs available, the Best Moving Average
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
© Reuters. NEW YORK – The euro saw a slight uptick against the US dollar today, with the trading pair reaching 1.0883 amid a mix of economic indicators from both regions. The Eurozone’s current account results exceeded expectations, which provided some support to the single currency, while the US dollar struggled to gain ground following
Share: Palantir stock trades up to highest price in two years. Stock market indices started Friday on the backfoot. Peter Thiel’s venture capital fund sold $48 million worth of PLTR in Q3. Analyst Dan Ives says tech stocks are at the beginning of a new rally heading into 2024. Palantir (PLTR) stock
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USD/JPY ANALYSIS Key Japanese officials reiterated cautious approach. Japan’s inflation report will be the focal point for the pair next week. 50-day MA break could spark USD/JPY decline. Elevate your trading skills and gain a competitive edge. Get your hands on the JAPANESE YEN Q4 outlook today for exclusive insights into key market catalysts that
If artificial intelligence is the future, then Sam Altman was the man delivering it. The CEO of OpenAI, which created ChatGPT, was unceremoniously given his pink slip today. The company released a statement that said: Mr. Altman’s departure follows a deliberative review process by the board, which concluded that he was not consistently candid in
Hello Traders, we had a trade on CADCHF on H1 time-frame that today 17 November 23 the market already moved +1700 Points! In this trade we looked first at red candles from Italo Trend showing that the market is going to trend and we saw our last confirmation of the trend, the neon red line
© Reuters. NEW DELHI – The Reserve Bank of India (RBI) has reported a decline in India’s foreign exchange reserves, with a net decrease of $460 million, bringing the total to $590.32 billion as of the week ending on Thursday. This shift interrupts a previous increase in reserves due to active measures taken by the
