© Reuters. Investing.com – The U.S. dollar gained in early European trade Tuesday, as traders turned to this safe haven after disappointing Chinese services activity hit risk-taking sentiment. At 03:00 ET (07:00 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.3% higher at 104.382, close to three-month
Share: GBP/USD licks its wounds after refreshing three-month low. 10-week-old descending support line, sluggish MACD signals and the below-50 RSI favor corrective bounce. Convergence of 100-EMA, 38.2% Fibonacci ratio guards immediate recovery of Cable pair. Pound Sterling traders seek directions from US ISM Services PMI amid light calendar at home. GBP/USD portrays a
Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: Japanese Yen Forecast: USD/JPY Blasts Off as Broader US Dollar Breaks Out AUD/USD SENTIMENT ANALYSIS Sentiment data from IG shows that 86.20% of traders are net long, with the bullish-to-bearish ratio
Mark down the date – Tuesday 12th September – this will be the day when Apple Inc shall announce its brand new iPhone 15 (and possibly the associated new AirPods) and Apple Watches. The event, Wonderlust, will be streamed on the company’s official website, Apple TV app and YouTube channel from 5 pm (GMT). Shares
Westpac note on the Fed, China, and the Australian dollar. The US economy and the equity market have proved much more resilient to the FOMC’s tightening cycle than earlier anticipated. Our expectation for (US) inflation … 6–month annualised inflation back at 2.0% by end–2023 and the annual rate around 2.0%yr by mid–2024. It is the
Number of traders net-short has decreased by 21.05% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI AUD/JPY BEARISH 50.63% 49.37% -5.66% Daily 4.17% Weekly -15.95% Daily -21.05% Weekly -11.04% Daily -10.02% Weekly of clients are net long. of clients are net short. Change in Longs Shorts
Brent Crude, WTI Oil News and Analysis Announcement of extended production cuts reignites bullish momentum Bullish catalyst attracts lofty price targets for Brent and WTI Overheating concerns appear with the RSI entering overbought territory The analysis in this article makes use of chart patterns and key support and resistance levels. For more information visit our
Greetings ! Recently, a whole horde of trading systems have appeared that use AI Such systems will always be closed to us; this is beneficial to the manufacturer. Thus, you will never be able to change the logic inside, only make minor adjustments to the algorithm. Moreover, all systems that use AI are usually very
3/3 © Reuters. FILE PHOTO: A one hundred Argentine peso bill sits on top of several one hundred U.S. dollar bills in this illustration picture taken October 17, 2022. REUTERS/Agustin Marcarian/Illustration/File Photo 2/3 By Marc Jones, Eliana Raszewski and Rodrigo Campos LONDON/BUENOS AIRES/NEW YORK (Reuters) – María Barro, a 65-year-old domestic worker in Buenos Aires,
Share: The NZD/USD lost nearly 1%, falling below the key level of 0.5900. The USD benefits from a cautious market sentiment. Factory orders decreased in the US in July at a higher pace than expected. The RBA held rates steady, just as expected. The NZD/USD faced selling pressure mainly driven by a stronger
