The US CPI will be released tomorrow at 8:30 AM. Adam has put up a post outlining the fundamental expectations for that pivotal release. You can find that report HERE. In addition to know the expectations, it is important for traders to understand the bias, the potential bias shifts (i.e. from bullish to bearish or
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
New Delhi: Gold prices continued to fall on Wednesday as investors looked for more clues on the pace of US monetary tightening from Federal Reserve minutes and inflation data due this week. Investors are awaiting the release of minutes from the Fed’s September meeting. Focus is also on the inflation reading due on Thursday, which
Dollar surges further in early US session against Yen, after BoJ Governor Haruhiko Kuroda dropped no hint on intervention despite today’s Yen selloff. Indeed, he noted that Yen depreciation could be could for the economy as a whole, just that speculation driven move is bad. But the greenback is actually struggling to gain against other
Wholesale prices rose more than expected in September despite Federal Reserve efforts to control inflation, according to a report Wednesday from the Bureau of Labor Statistics. The producer price index, a measure of prices that U.S. businesses get for the goods and services they produce, increased 0.4% for the month, compared with the Dow Jones
USD/CAD grinds higher as bulls await key data after three-day ruling. Oil pauses downside as Saudi Arabia defends latest OPEC+ supply cut agreement. Cautious mood, hawkish Fed bets challenge movement even as softer yields tease bears. US CPI for September can keep buyers hopeful considering upbeat Fed Minutes. USD/CAD stays defensive around 1.3820, pausing a
Welcome to the first episode of the Trading Thoughts podcast by JeaFx! In this episode we will be talking about the topic of trading systems – the benefits of having a solid trading system and how you can build one from scratch! This podcast will be available on all platforms soon! Check out my FREE
Tutorial 2 | AdvancedNET Forex Trading System 2022 | Trade Like a Pro | Nihilist Trading System. “AdvancedNET” is the most accurate MT4 trading system for professional traders. Development of the strategy and related indicators are coded by Nihilist. You can learn the system with minimum effort. More than 100 of my indicators are freely
We’re super excited to let you know that our FX GOAT 3.0 (ALL IN ONE) program has officially started. We have developed different modules that cover all the topics on Price Action, Fx Goat strategies, Trading Psychology, Money Management and much more. (Over 70+ quality lessons and strategies) Don’t just take our word for it,
The GBP is the strongest and the JPY is the weakest as the NA session begins. The Bailey comments late yesterday that the bond buying would cease on Friday, hurt the GBP but it has since moved back higher today. However, it did little to stop the selloff in UK debt which has seen the
Highlights from the European Session Newsquawks US Market Open: US equity futures trade on a firmer footing with the ES back above 3600, GBP outperforms whilst JPY lags European bourses saw a choppy start to the session, but have since titled to the upside; US equity futures trade on a firmer footing with the ES
Gold prices in the national capital fell by Rs 20 to Rs 51,155 per 10 grams on Wednesday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 51,175 per 10 grams. Silver also declined by Rs 473 to Rs 58,169 per kg from Rs 58,642 per kg. In the
Dollar is trying to extend recent rally again but buying is mostly seen against Yen and Sterling. The Yen finally broke out and fell to new 24-year low against the greenback, and it’s on track to take on the level seen back in 1998. Sterling, on the other hand, is pressured after BoE ruled out
In this article PEP Follow your favorite stocksCREATE FREE ACCOUNT A woman grabs a bottle of Diet Pepsi in Atlanta, Georgia. Chris Rank | Bloomberg | Getty Images PepsiCo hiked its forecast for the year Wednesday morning after reporting third-quarter earnings and revenue that beat analyst expectations. Shares were up about 2% in pre-market trading.
Strategists at TD Securities (TDS) offer a brief preview of the September FOMC monetary policy meeting minutes, due for release later during the US session this Wednesday. Key Quotes: “At the meeting, the dot plot median revealed a higher-than-expected Fed Funds terminal rate of 4.625%, with a fairly even dot distribution around this level. The
The BOE Bailey comments have helped to reverse the GBPUSD lower and the USD back to the upside. Just an hour or so ago, a number of major indices were testing their 100/ 200 hour MA levels on the USD selling (see video here). Those levels stalled the moves in EURUSD, GBPUSD, USDCHF, USDCAD and
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
NEW DELHI: Gold prices extended their fall on Tuesday as a firm dollar and prospects of further oversized rate hikes by the US Federal Reserve dented the zero-yielding asset’s appeal. After stronger-than-expected US labour data, the focus is now on the inflation reading, due on Thursday, which is expected to remain stubbornly high. Gold futures