© Reuters Investing.com – The U.S. dollar traded largely unchanged in early European hours Wednesday, adopting something of a holding pattern ahead of the release of key inflation data as well as the minutes from the last Federal Reserve meeting. At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket
Share: Producer inflation in the US accelerated in September. US Dollar Index stays below 106.00 after the PPI data. The Producer Price Index (PPI) for final demand in the US rose 2.2% on a yearly basis in September, up from the 2% increase recorded in August, the data published by the US Bureau
In the world of Forex trading, success often hinges on having the right tools at your disposal. One such tool that has gained significant popularity among traders is the Fibonacci Pivots MT4 Indicator. In this article, we will delve into the intricacies of this indicator, exploring its functionality, benefits, and how it can be effectively
Article by IG Senior Market Analyst Axel Rudolph FTSE 100, DAX 40, S&P 500 Analysis and Charts Download our Brand New Q4 Equity Forecast for Free Recommended by IG Get Your Free Equities Forecast FTSE 100 rallies on dovish Fed view The FTSE 100 has seen four consecutive days of gains as more and more
Stock markets moved higher overnight, as jitters over the Israel-Hamas war continued to ease and traders trimmed expectations for further rate hikes in the US. There were also reports of further and more comprehensive stimulus measures for China, although while the Hang Seng rallied, the CSI 300 managed only fractional gains. European futures are in
UK: The BoE kept interest rates unchanged at the last meeting. The central bank is leaning more towards keeping interest rates “higher for longer” but it kept a door open for further tightening if inflationary pressures were to be more persistent. Key economic data like the latest employment report showed a very high wage growth
Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices aiming for best week since mid-July Yet, outlook remains bearish based on retail bets What are key technical levels to watch ahead? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast At +1.5%, gold prices are so far on course for the best week
USD/CAD ANLAYSIS & TALKING POINTS Crude oil, Israel-Palestine war and US data dynamic provide complicated backdrop for USD/CAD. US factors under the spotlight today. Key support break could see USD/CAD breakdown further. Elevate your trading skills and gain a competitive edge. Get your hands on the U.S. dollar Q4 outlook today for exclusive insights into
💬Description: Metals worked out their growth very well, we were especially interested in Gold, which reached the target at the level of 1870. At this moment, it is worth taking a closer look at the shorts from this area again. The local (medium-term) trend will remain bearish, which is also a plus for sell trades. The economic calendar
© Reuters. FILE PHOTO: Four thousand U.S. dollars are counted out by a banker counting currency at a bank in Westminster, Colorado November 3, 2009. REUTERS/Rick Wilking/File Photo By Rae Wee SINGAPORE (Reuters) – The dollar was largely rangebound on Wednesday, though remained weighed down by dovish Federal Reserve comments, as traders awaited the central
