NVDA trades lower Friday despite stock-cheering Nonfarm Payrolls

Share: Nonfarm Payrolls for August provided data showing Fed may not require more hikes. NVDA stock has been forming Japanese candlestick doji patterns late this week that demonstrate uncertainty among bulls. Intel’s Gaudi 2 chip is being called a competitor to Nvidia’s H100. Samsung signs deal to begin supply high bandwidth memory chips

GBP/USD, Dollar Index (DXY) Hold Above Support Ahead of Key US Data Releases

GBP/USD, DXY PRICE, CHARTS AND ANALYSIS: GBP/USD Looks to Recover Yesterdays Losses and Holds Above the 100-Day MA Ahead of US Data. Price Action Remains Choppy as Cable Eyes Clarity from US Data. Will September Provide More Clarity? IG Client Sentiment Shows Retail Traders are Net Long on Cable. As We Take a Contrarian View

The dot plot comes into focus as the market prices out a September Fed hike

The September dot plot is always the most-interesting one of the year because it’s the closest thing to forward guidance that the FOMC offers. Officials are required to place a year-end dot but there are only two meetings left so it basically says what they expect to happen in the next two meetings. Now that’s

Mixed NFP and Lower Yields Weigh on USD, RBA & Boc up Next

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GBP/USD Slips Going Into the Weekend, EUR/GBP Little Changed

GBP/USD and EUR/GBP Analysis and Charts The 2023 UK Annual National Accounts revise prior GDP releases higher. Next week’s economic calendar is uninspiring. For all market-moving economic data and events, see the DailyFX Calendar The newly released UK Annual National Accounts 2023 (Blue Book) show that the UK economy grew by more than previously thought

Description UPD1 Trade Panel Friendly – Other – 1 September 2023

UPD1 Trade Panel Friendly MT4 UPD1 Trade Panel Friendly MT5 (not done yet, no comments) Contents: Panel view (description of buttons) Information window description Visual Settings Panel Position – panel location Left Down Horizontal Left UP Horizontal Left UP Vertical Right UP Vertical Color Theme Auto – tracks the tone of the background color to

Asia FX muted, dollar steadies ahead of nonfarm payrolls By Investing.com

© Reuters. Investing.com– Most Asian currencies moved in a flat-to-low range on Friday, while the dollar steadied after an overnight recovery as markets awaited key U.S. nonfarm payrolls data due later in the day. The dollar rebounded from a three-week low on Thursday after data showed that grew much more than expected in July, pointing

Engulfing MT4 Indicator – ForexMT4Indicators.com

Are you a forex trader looking to improve your trading strategy? The Engulfing MT4 Indicator might just be the tool you need to gain a competitive edge in the dynamic world of trading. In this article, we’ll delve into what the Engulfing MT4 Indicator is, how it works, and how you can effectively incorporate it

Can NFP Propel US Stocks Back to Yearly Highs?

S&P 500 Analysis US Equities Recover Lost Ground as Data Sends Real Yields Lower The top 500 US stocks ranked by market capitalization have partially recovered one of the deepest pullback seen during the current bull market. Rising risk-free rates (US treasuries) at a time when inflation has declined, has resulted in higher US real