These videos will kickstart your trading week in the forex market

> These videos will kickstart your trading week in the forex market Technical review of some of the major currency pairs for the week starting July 31, 2023 EURUSD: USDJPY: GBPUSD: AUDUSD: ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING BELOW

Attention Shifts to OPEC Production Cuts

BRENT CRUDE OIL ANALYSIS & TALKING POINTS US core PCE dampens hawkish rhetoric. China and US economic data in focus next week. How long can bulls sustain this upside? Recommended by Warren Venketas Get Your Free Oil Forecast BRENT CRUDE OIL FUNDAMENTAL BACKDROP Crude oil prices (WTI and Brent) have extended its upside rally to

Continuous futures – Other – 29 July 2023

Continuous futures refer to a type of financial derivative contract that allows investors to buy or sell an underlying asset at a predetermined price, with settlement occurring at a future date. As you know, traditional futures contracts have specific expiration dates. Unlike traditional futures contracts, continuous (perpetual) futures contracts do not have a fixed expiration

MULN stock slides ahead of next week’s shareholder meeting

Share: Mullen stock has lost 22.1% over the past month, 4.7% over past five sessions. New agreement announced with Shoshoni Native American Tribe. Majority-owned Bollinger Motors receives $3 million grant from Michigan. Market awaits August 3 shareholder meeting for further news. Mullen Automotive (MULN) stock is around 5.0% lower on Friday, trading in

Baker Hughes weekly US oil rig count -1

Oil -1 to 529 rigs Gas -3 to 128 Oil and gas drillings have been falling for weeks in a true sign of producer discipline. $80 oil could change that though. Today WTI is down $0.47 to $79.62. This article was written by Adam Button at www.forexlive.com. لینک منبع : هوشمند نیوز

USD/JPY sees volatility as markets asses US Core PCE and BOJ’s Decision

Share: The pair stands rose nearly to 150.00 after four consecutive days of losses. USD/JPY surrendered earlier gains after the BOJ’s Monetary Policy Statement reaffirmed its ultra-loose policy. Core PCE from the US retreated to 4.1% YoY in June, fueling a decrease in US yields. At the time of writing, the USD/JPY pair is

Canadian Q2 GDP is tracking at about 1%

Today’s May Canadian GDP report met expectations at +0.3% but the advance estimate for June was -0.2%. With that, CIBC calculates that growth in the quarter is tracking close to 1.0%, less than the 1.5% assumed in the latest Bank of Canada estimates. Some of that was due to a drag from forest fires and

Can Dollar’s momentum continue in the week of US employment data?

Share: More central bank decisions await in the coming week, with live meetings at the Reserve Bank of Australia and the Bank of England. US data will remain in the spotlight with key employment data, including Nonfarm Payrolls. Canada and New Zealand will also release job market data. Eurostat will release inflation and

US equities lose some altitude but USD/JPY doesn’t

The S&P 500 has pared its intraday gain to 28 points, or about half of what it was a few hours ago. There’s no correlation with USD/JPY today as BOJ-inspired flows dominate instead. That pair is at the highs of US trading, up 147 pips to 104.91. For US stocks, a fall into the opening