Pound Gears Up for FOMC as Markets Process UK Borrowing

[ad_1] POUND STERLING ANALYSIS & TALKING POINTS UK debt a cause for concern long-term. Cable traders look to FOMC minutes for guidance. GBP/USD faces key resistance at 1.2548. Elevate your trading skills and gain a competitive edge. Get your hands on the British Pound Q4 outlook today for exclusive insights into key market catalysts that

IMF endorses CBDCs to bolster fintech and financial inclusion By Investing.com

[ad_1] © Reuters. SINGAPORE – The International Monetary Fund (IMF) has thrown its weight behind Central Bank Digital Currencies (CBDCs), with Managing Director Kristalina Georgieva highlighting their potential to enhance financial inclusion and fintech development. Speaking at a Singapore event, Georgieva underscored that while current adoption levels are low, more than half of the countries

Gains momentum above 1.0950 amid overbought condition

[ad_1] Share: EUR/USD extends its upside above 1.0950, up 0.18% on the day. The pair holds above the 50- and 100-hour EMA with the overbought RSI condition. The first upside barrier is seen at 1.0978; the 1.0895–1.0900 zone acts as an initial support level for the pair. The EUR/USD pair trades in positive

Little on the agenda in Europe once again today

[ad_1] The dollar remains in retreat mode again today, continuing the downside momentum from last week. Equities managed to put on a good showing in US trading yesterday, keeping poised in aiming towards the highs of the year next as well. It’s all playing out as it should in what will be a holiday-shortened week

Asia FX rallies as dollar sinks on growing Fed pause bets By Investing.com

[ad_1] © Reuters. Investing.com– Most Asian currencies firmed sharply on Monday, tracking extended declines in the dollar amid increasing bets that the Federal Reserve was done raising interest rates, while promises of more Chinese stimulus measures also aided sentiment.  The surged 0.5% to its strongest level against the dollar since early-August. The biggest point of

WTI extends its upside around $77.50 on the hope for OPEC supply cuts

[ad_1] Share: WTI prices trade in positive territory for the third consecutive day on Tuesday. Saudi Arabia is planning to prolong oil production cuts of 1 million barrels per day through next year. The concern about a slowing global economy outweighed the prospect of deepening supply cuts by OPEC+. Oil traders will focus

3 Bars High Low MT4 Indicator

[ad_1] 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 and maximize profits. One such tool that has gained popularity among MetaTrader 4 (MT4) users is the “3 Bars High Low” MT4 indicator. In this article, we will delve into