© Reuters. Investing.com– Most Asian currencies edged lower on Thursday as investors turned broadly risk-averse ahead of key U.S. inflation data due later in the day, while the Chinese yuan rose sharply on more support from the central bank. The dollar steadied near five-week highs, benefiting from increased demand as markets positioned for a potentially
Gold, XAU/USD – Price Action & Outlook: Gold appears to be losing ground amid rising real yields. Most recently, XAU/USD has fallen below key support, accentuating downside risks. What are the key levels to watch in XAU/USD? Recommended by Manish Jaradi Traits of Successful Traders Higher real rates could be starting to finally weigh on
USDJPY is banging against August high The USDJPY is pushing against the high price from last week at 143.88. That is also the highest level since July 7. A break above would open the door for a run toward 144.00. Above that traders will start to look toward a swing area on the daily chart
Euro, EUR/USD, US Dollar, EUR/JPY, Japanese Yen, Trend, Fibonacci, Momentum – Talking points Euro bearishness appears to have stalled against the US Dollar The trend in EUR/USD could face scrutiny in the next few sessions EUR/JPY is eyeing 158. If it breaks above there, will further bullishness unfold? Recommended by Daniel McCarthy How to Trade
Market Recap Wall Street continued its decline for the second straight day (DJIA -0.54%; S&P 500 -0.70%; Nasdaq -1.17%) with growth sectors bearing the brunt of the sell-off once more, as market participants de-risk in the lead-up to the upcoming US Consumer Price Index (CPI) release. Over the past week, the Nasdaq is down 1.2%
If the initial deposit is $1000 on a HIGH RISK micro account use the parameter settings below: Currency pairs: EUR/USD Timeframe: M5 Leverage: 1:500 Swap free account (forex robot will hold floating loss for weeks or even months) Parameter settings for EUR/USD, M5 MINIM_DAILY_PROFIT = Minimum daily profit = 10000 BATAS_FREE_MARGIN = Free margin limit = 50 JAM_ON = The robot starts trading = 1 JAM_OFF = The robot
© Reuters. Investing.com – The U.S. dollar edged lower in early European trade Wednesday, as improved risk sentiment weighed on the safe haven despite fresh signs of Chinese economic weakness. At 03:10 ET (07:10 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.2% lower at 102.177, paring some
Share: In a reaction to the US executive order banning certain investments in Chinese technology companies, China’s Commerce Ministry showed grave concerns and marked the rights to take measures in retaliation early Thursday in Asia, per Reuters. The news also quotes China Commerce Ministry as saying, “Hopes that the US will respect laws
Crude Oil, WTI, Brent, OPEC+, Federal Reserve, EIA, API, Trend, Double Top – Talking Points Crude oil has been chasing new highs this week as supply cuts kick in OPEC+ production cuts appear to be having the desired effect The Fed may have paused but policy tightness might be with us for a while Recommended
> UK RICS housing survey for July -53 versus -50 estimate UK RICS housing survey for July 2023 Prior month -46 revised 2-48 RICs housing survey for July -53 versus -50 estimate. This is the lowest since April 2009 agreed sales balance -44 versus -36 last month. Lowest since April 2020 near-term rental price balance
