Australian Dollar dips broadly today after RBA delivered a smaller than expected rate hike. But the selloff in Aussie is so relatively limited. New Zealand Dollar follows lower, ahead of tomorrow’s RBNZ rate decision. RBNZ is expected to hike by 50bps, but now it’s not totally certain given that tightening is already “mature”. Sterling is
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products threatening a deepen an expected housing market downturn. Dan Kitwood | Getty Images LONDON — There are growing fears of a housing market crash in the U.K., after a swathe of tax cuts announced by
Bitcoin (BTC) saw its first trip above $20,000 on Oct. 4 as traders expected familiar resistance to cap gains. Multi-week dollar lows fuel Bitcoin bulls Data from Cointelegraph Markets Pro and TradingView showed BTC/United States dollar climbing prior to the Wall Street open, up over 5% in 24 hours. The pair had shaken off macroeconomic
GBP/USD advanced to a fresh two-week high above 1.1400 on Tuesday. The pair needs to clear 1.1440 to keep its bullish bias, FXStreet’s Eren Sengezer reports. Cable needs to clear 1.1440 to extend rally “On the upside, 1.1440 (200-period SMA) aligns as key resistance. In case buyers flip that level into support, GBP/USD could target
If you were to take a short to long term view of the Nasdaq index the move higher today based nicely against key support on the daily chart. However if you were to drill to the hourly chart, the index is finding some resistance near downward sloping trend line and ahead of the high from
LONDON -Oil prices jumped more than $4 on Monday as OPEC+ considers reducing output by more than 1 million barrels per day (bpd) to buttress prices with what would be its biggest cut since the start of the COVID-19 pandemic. Brent crude futures were up $4.38, or 5.1%, to $89.52 a barrel by 9:50 a.m.
Funds appear to be flowing out of Euro and Swiss Franc, in relatively quiet trading today. Some focuses are on the Euro-denominated bonds issued by Credit Suisse, which dropped to record lows. Investors are concerned about the Swiss bank’s restructuring program, due to be announced later in the month. Euro and Franc are the worst
FREE COURSE: Learn the Bollinger Bands Reversal Strategy in depth: https://www.desiretotrade.com/bbr-strategy In this live training, I share with you my 2 favorite Forex trading strategies for beginners. SUBSCRIBE TODAY: https://goo.gl/4DpLu6 Want to look cool? Check out the Desire To Trade Merch: http://bit.ly/2ySpeJ7 (use the promo code YOUTUBE10) // SOCIAL Forex Trader Community (Facebook Group): http://bit.ly/2esoMYj
Trade directly off TradingView with Pepperstone Sign up below: https://trk.pepperstonepartners.com/aff_c?offer_id=367&aff_id=30084 ???????????? SAY HI ON SOCIAL: Website: www.qwertyelfx.com Instagram: https://www.instagram.com/qwertyelfx/ === Disclaimer: All videos on this channel are provided for educational purposes only. Any money made or lost in the markets is your responsibility. My concepts and ideas and theories should be demoed on a fake/demo
This Scalping Strategy will Grow SMALL Forex Accounts. In this video I teach you how you can grow your small Forex account using this scalping strategy with no indicators. This SIMPLE scalping strategy works great for Beginners using price action and market structure. This is a very SIMPLE and HIGH WIN RATE scalping strategy that
What you need to take care of on Tuesday, October 4: The greenback resumed its decline at the beginning of the week, ending Monday with losses across the FX board. The EUR/USD pair was able to post a modest advance and settled around 0.9820, with the shared currency among the worst performers against the USD.
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
US Market Open: Pound and Gilts buoyed by a UK U-turn; ISM & Central Bank speak due Full Note incl Podcast European equities have kicked the week off on the backfoot following the selling pressure seen on Wall Street on Friday whilst the APAC session saw holiday-thinned conditions US futures are more of a mixed
Gold rose by Rs 161 to Rs 50,682 per 10 gram in the national capital on Monday amid a rise in prices of the metal in international market, according to Securities. In the previous trade, the yellow metal had touched Rs 50,521 per 10 gram. Silver also rallied by Rs 1,010 to Rs 58,039 per
Sterling strengthens entering into European session, on rumors that UK Prime Minister Liz Truss to preparing to do a U-turn on tax and spending cuts. The talks came after Truss faced heavy scrutiny from Tory rebellions at the Conservative Party Conference. Markets are steady elsewhere, though. Traders are holding their bets for now, and await
After the Ethereum network’s transition to proof-of-stake (PoS), staking Ether (ETH) now plays a central role in validating blocks and securing the network. However, some community members believe that the staking process is too difficult, especially for regular people. In the Ethereum subreddit, a member of the community raised the topic of ETH staking and
Japan’s FX intervention has slowed yen weakness. But economists at Credit Suisse expect USD/JPY to test 150.00 if the Bank of Japan (BoJ) stands pat at its October meeting. Waiting for BoJ to “do the right thing” “Japan’s latest strategy of using unilateral FX intervention to defend JPY, despite the BoJ’s monetary policy driving its
The GBPUSD has seen more buying momentum in the early US trading session. The price has move back above the 1.1100 level. The price is trading above and below that natural support resistance level. The low for the week on Monday reached an all-time low of 1.03535. The high for the week was reached earlier