Top

The South African rand has had a tumultuous period throughout Q3 2023 but ultimately trades roughly around the same levels against the USD as it did at the beginning of Q3. Central bank nuances shaped the way while global economic growth concerns did not do the rand any favors. As we head into Q4, these

China manufacturing PMI Manufacturing PMI 50.2 vs 50.0 (prior 49.7) Non-manufacturing PMI 51.7 vs 51.5 expected (prior 51.0) The official manufacturing PMI is the important one and it rose above 50 for the first time since March 2023. That line signals expansion/contraction, so while it’s a small beat on expectations, it’s an important one. Notably,

© Reuters. FILE PHOTO: A man counts Pakistani rupee notes at a currency exchange shop in Peshawar, Pakistan September 12, 2023. REUTERS/Fayaz Aziz/File Photo By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan’s rupee has gained 6.1% against the dollar so far in September, following an official clampdown on illegal foreign exchange trade in grey and

Share: EUR/USD spends Friday trading into familiar territory. US PMIs kept the USD capped with a mixed print. USD on track to close out with weekly gains, but capped for the end of the week. The EUR/USD is trading into neutral ground heading into the end of the trading week, testing well-trodded ground

It is fully possible that Tokyo will conduct intervention in case the yen weakens further Amid a weakening yen, BOJ may have no choice but to normalise monetary policy That includes exiting negative rates and ending yield curve control He also says that markets shouldn’t take things lightly and think that a threat of intervention

2/2 © Reuters. FILE PHOTO: Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022. REUTERS/Florence Lo/Illustration/File Photo 2/2 By Tetsushi Kajimoto TOKYO (Reuters) -Japanese authorities are always in close communication with U.S. counterparts on currencies and share a mutual understanding that excessive

Share: Stock Market Report: Trading NASDAQ Stocks: Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL Stock Market Summary: The strong move down in the last session, places the SP500, Nasdaq 100 and most stocks in Wave c) of 4 correction being uncompleted. The current Wave 4 can

Share: Stock Market Report S&P 500 – NASDAQ 100 – RUSSELL 2000 – DAX 40 – FTSE 100 – ASX 200. Elliott Wave AnalysisSummary: Quadruple witching 15 September four major derivatives contracts expire simultaneously. Bullish bias develops further in leading stocks and US sectors. The UK markets have broken out of a larger Triangle

Share: Stock Market Investing Trading: NASDAQ, SP 500, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL.Stock Market Summary: Monday to open higher and close lower, the video talks about preparing for a short trade, that can start on the Monday, however the safer short trade setup, will

Are you a trader seeking to enhance your technical analysis toolkit? Look no further than the Double Top Bottom Patterns MT4 Indicator. In this article, we’ll delve into the intriguing world of technical analysis, exploring the significance of double top and bottom patterns, and how this indicator can provide valuable insights for successful trading strategies.