Gold remains strong as yields rally halt ahead of Jackson Hole

Share: Gold price prepares to extend upside ahead of US PMI data. Fed’s Barkin hopes that the US recession will be “less severe”. Strength in Gold prices has come from restrictive upside in US Treasury yields. Gold price (XAU/USD) strengthens this week as the rally in US Treasury yields halts amid fading hopes

EUR/USD Slides as Euro Area PMI Gives ECB Reason to Pause

EURO AREA PMI KEY POINTS: Germany Manufacturing PMI Flash at 39.1. Forecasted Figure 38.7. Business Activity Fell the Most in Over 3 Years. German Services PMI at 47.3. Forecasted Figure 51.5. Flash Euro Area Composite Output Index at 47 (July: 48.6). 33-Month Low. Flash Euro Area Services PMI Activity Index at 48.3 (July: 50.9). 30-Month

Market Update – August 23 – Waiting for Nvidia, PMIs & Jackson Hole

On a day when Monday’s optimism had already faded in US markets, weighed down by both a new downgrade of the banking sector’s credit rating – this time by S&P – and the pullback of NVDA, one of the most interesting movements was the USD. Without any real news flow and without any abrupt movements

Eurozone August flash services PMI 48.3 vs 50.5 expected

Prior 50.9 Manufacturing PMI 43.7 vs 42.6 expected Prior 42.7 Composite PMI 47.0 vs 48.5 expected Prior 48.6 The services and composite readings are at 30-month and 33-month lows respectively. That is the key thing to note as the euro area economy is slumping further in August. The ECB is going to have a tough

Is the Rally Over in Bitcoin & Ethereum? BTC/USD & ETH/USD Price Setups

Bitcoin, BTC/USD, Ethereum, ETH/USD – Outlook: Bitcoin and Ethereum have fallen sharply in recent days. ETH/USD and BTC/USD are approaching major support levels. What is the outlook and what are the key levels to watch? Recommended by Manish Jaradi Traits of Successful Traders BITCOIN: Upward pressure has faded, but not ended Bitcoin’s fall below key

NAVIGATING SUCCESS: COVARIANCE, DIVERSIFICATION, AND RISK-RETURN MANAGEMENT IN MULTI-INVESTMENT FOREX PORTFOLIOS – Analytics & Forecasts – 23 August 2023

NAVIGATING SUCCESS: COVARIANCE, DIVERSIFICATION, AND RISK-RETURN MANAGEMENT IN MULTI-INVESTMENT FOREX PORTFOLIOS In the realm of foreign exchange (FOREX) trading, where currencies ebb and flow like tides, skilled traders seek not only to ride the waves of opportunity but also to mitigate the risks that come with market volatility. Enter covariance, a fundamental concept that lies

Asia FX ticks higher, dollar steadies with Jackson Hole in focus By Investing.com

© Reuters. Investing.com — Most Asian currencies rose slightly on Wednesday tracking some signs of economic resilience in the region, while the dollar steadied near two-month highs ahead of more cues on monetary policy from the Jackson Hole Symposium this week.  The and rose 0.1% and 0.3%, respectively, after (PMI) readings showed some resilience in

Dow Futures (YM_F) looking for corrective rally soon [Video]

Share: Short Term Elliott Wave view in Dow Futures (YM_F) suggests that cycle from 7.27.2023 high is mature and about to complete soon as 5 waves impulse. Down from 7.27.2023 high, wave ((i)) ended at 35076 and rally in wave ((ii)) ended at 35660. Index extended lower in wave ((iii)) as another impulse

QQE MT4 Indicator – ForexMT4Indicators.com

Are you a trader looking to take your trading strategy to the next level? If so, you’re in luck! In this article, we’re going to delve into the world of trading indicators and explore the QQE MT4 Indicator. Whether you’re new to trading or a seasoned pro, this indicator can provide valuable insights to refine