BoE and SNB left interest rates on hold, against expectations for additional tightening in both the UK and Switzerland. Both central banks maintained a tightening bias, but the BoE in particular is now expected to peak much earlier than thought just a couple of months ago. HFM · Central Banks Hold Steady: BoE, SNB, and
WTI crude oil futures settle at $90.03, up $0.40 or 0.43%. The high for the day reached $91.33. The low was at $89.31. WTI crude oil trades between retracement levels Brent crude prices settled at $93.27 down $0.03 or -0.03% For the trading week, the price of crude oil is down marginally by -0.58%. Looking
My Journey I have always been passionate about the world of finance and trading. When I first started exploring the world of forex, I was struck by how difficult it can be for the average person to navigate. There is so much information out there, and it can be overwhelming to try and make sense
© Reuters. In a week marked by financial developments, the Indian rupee closed higher on Friday, settling at 82.93 against the U.S. dollar, a weekly gain of 0.3%. This performance comes on the heels of an announcement by multinational investment bank JPMorgan, revealing its plans to incorporate India’s government bonds into its emerging market index.
Share: NZD/USD rebounds from a daily low of 0.5919 to 0.5977, driven by improved risk appetite and a softer US Dollar. Mixed US economic data and hawkish yet cautious remarks from Fed officials fail to bolster the Greenback, with the DXY slightly up at 105.47. Upcoming economic indicators, including Consumer Confidence and Core
In the dynamic world of financial trading, precise timing and accurate decision-making are paramount. Traders and investors are constantly seeking tools that provide them with an edge, helping them to anticipate market movements effectively. The P4l Candletime MT4 Indicator emerges as a potent solution, offering enhanced trading precision and timing. In this article, we delve
GBP/USD News and Analysis UK retail sales disappoint – sending GBP/USD lower in early trade on Friday GBP/USD bearish momentum likely to continue into the weekend UK PMI data up next, potentially adding to the sterling selloff The analysis in this article makes use of chart patterns and key support and resistance levels. For more
A second Fed governor is speaking. FOMC member Bowman is on the wires saying: Further interest rate increases likely appropriate with inflation “still too high.” Fed policy will need to be held at a restrictive level “for some time” to return inflation to 2% “in a timely way.” Continued risk of further increase in energy
Article written by Axel Rudolph, Senior Market Analyst at IG FTSE 100 once more comes off its 3 month high On Thursday the FTSE 100 tried to overcome last week’s high at 7,747 but failed to do so as heavy selling in the US dragged it down later in the day with the 200-day simple
How to backtest existing settings and optimize new ones for your EA – Other – 22 September 2023 – Traders’ Blogs
