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

Elevated Yields, Weaker Wall Street Handover Keeps Wait-and-See in Place

Recommended by IG Forex for Beginners Market Recap Despite a resilient start to the week, Wall Street did not manage to find much follow-through overnight (DJIA -0.51%; S&P 500 -0.28%; Nasdaq +0.06%), as elevated Treasury yields and the lack of further heavy-lifting by Nvidia (-2.8%) kept a cautious tone in place. The US two-year yields

ForexLive Asia-Pacific FX news wrap: AUD, NZD, CAD catch a small bid

Higher AUD/USD on the session – rising iron ore price in China a tailwind There are rumours that some Chinese banks are freezing some savings accounts – PBOC denies Bank of America S&P500 technical analysis, 4325 and 4200 as the next two major levels Fund manager says Fed Chair Powell will err on the side

Crude Oil Prices Ready to Extend Lower? Bearish Head & Shoulders in Focus

Crude Oil, WTI, Head & Shoulders – Technical Update: Crude oil prices may be readying to extend lower Daily chart is maintaining a broader bullish bias But, bearish Head & Shoulders in focus on 4-hour Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Daily Chart WTI crude oil prices may be reading to extend