In the fast-paced world of financial markets, traders are always on the lookout for tools and indicators that can provide them with a competitive edge. One such tool that has gained popularity among traders is the Cumulative Delta MT4 Indicator. In this article, we will delve into the intricacies of this indicator, exploring its uses,
For most of the week, the U.S. dollar dominated the majors, but after the highly anticipated U.S. employment update on Friday, the Greenback finally gave up its crown to the European currencies with the Swiss franc taking the top spot. Missed the major forex headlines? Here’s what you need to know from this past week’s
The South African rand has had a tumultuous period throughout Q3 2023 but ultimately trades roughly around the same levels against the USD as it did at the beginning of Q3. Central bank nuances shaped the way while global economic growth concerns did not do the rand any favors. As we head into Q4, these
When the US jobs report came out and showed a stronger-than-expected 336K nonfarm payroll jobs (estimate 170K) and revisions of over 100K to the prior month’s, the US dollar moved higher, yields moved higher and stocks moved lower. However, then people started to look at things like the unemployment rate remaining at 3.8% (despite the
© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Saqib Iqbal Ahmed NEW YORK (Reuters) – Surging U.S. real yields are aiding the dollar’s rebound, rewarding bullish investors while making bears think twice before betting against the
Share: EUR/USD catches a firm lift post-US NFP release, climbing 1.12% from the day’s bottom. Broad-market flows have gone firmly risk-on following a bumper NFP reading for the USD. Euro traders will be looking ahead to Monday’s investor confidence indicator for October. The EUR/USD climbed 117 pips from Friday’s bottom bids of 1.0482
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, S&P 500, Russell 2000 Analysis and Charts FTSE 100 tries to recover from one-month low The FTSE 100 is seen heading back up towards its 55-day simple moving average (SMA) at 7,521 while awaiting key US employment data.If overcome, another attempt at reaching the