US: The Fed left interest rates unchanged as expected at the last meeting. The macroeconomic projections were revised higher as the economy showed much stronger resilience than expected and the Dot Plot showed that the majority of members still expects another rate hike by the end of the year with less rate cuts in 2024.
Number of traders net-short has increased by 21.11% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Germany 40 BULLISH 48.32% 51.68% 0.83% Daily -11.86% Weekly 29.70% Daily 21.11% Weekly 13.94% Daily 2.57% Weekly of clients are net long. of clients are net short. Change in Longs
Article by IG Chief Market Analyst Chris Beauchamp Dow Jones, Nasdaq 100, Nikkei 225 Analysis and Charts Dow at one-week high The index surged on Monday, rallying back towards the 200-day simple moving average (SMA). This comes after the gains made on Friday following the payrolls report. For the moment a low appears to be
Osmosis is an advanced data driven automated trading robot which uses dynamic price differential algorithm and market volume to trade retracement on Gold (XAUUSD) . The price differential algorithm identifies various possible prices of execution, simultaneously pends and modifies orders until it gets the best possible price of execution. This makes the EA to use a
© Reuters. FILE PHOTO: An employee counts Russian 1000-rouble banknotes in a bank office in Moscow, Russia, in this illustration picture taken October 9, 2023. REUTERS/Maxim Shemetov/Illustration/File photo (Reuters) – The Russian rouble dived towards 101 against the dollar on Tuesday, heading back towards a more than 18-month low reached in the previous session, under
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HANG SENG, KOSPI, TOPIX – Price Action: The Hang Seng Index, Kospi, and Topix have rebounded from key support despite the latest escalation in geopolitical tensions. Hang Seng has some tough hurdles to clear before the weak outlook changes. What is the outlook and the key levels to watch in select Asian indices? – Elevate
In Monday’s trading [09/10], the USDIndex was little changed. The dollar on Monday received support from safe-haven demand, after Israel declared war on Hamas, however, it gave up most of its gains after stocks recovered from early losses and moved higher, reducing liquidity demand for the dollar. In addition, dovish comments from Fed Vice Chair
Interest rates are on a good level Events in Israel add to economic incertitude Wary about oil price developments over Israel situation He adds that there is no reason presently to tweak inflation prospects and they still see it converging to the 2% mark by 2025. This article was written by Justin Low at www.forexlive.com.
British Pound, GBP/USD, EUR/GBP – Technical Update: Recommended by Daniel Dubrovsky Get Your Free GBP Forecast The British Pound has been making upside progress against the US Dollar and Euro. With regards to GBP/USD, the past 3 trading sessions have produced a gain of about 0.9%. This is marking the best 3-day performance since the
