Yen was once again the runaway loser last week as global benchmark treasury yields, except JGB, surged. BoJ has clearly put a cap in 10-year JGB yield and the result is widening spread and persistent Yen selloff. Euro showing some renewed weakness but it’s so far still range bound against Dollar. Nevertheless, extended decline in
Just 60 years ago, the U.S. and the Soviet Union were at the height of a Cold War that nearly resulted in nuclear warfare. Today, experts say, the U.S. and its old foe, now Russia, are headed into another one. But it won’t be the same. “I think the second Cold War has already started,”
The yellow metal spent the week in positive territory but short of the previous cycle high. Geopolitical issues would keep influencing gold, and any risk-off market mood should benefit precious metals. The energy agreement between the US and EU would make Europe less dependent on Russia’s natural gas. XAU/USD Price Forecast: Upward biased, but failure
Decentralized finance is one of the fastest-growing sectors of the crypto ecosystem currently with a total locked value of $74.21 billion according to DeFi Pulse. As this sector expands, we are seeing an increase in adoption and financing. Investors are betting on the future of centralized finance with increasing investment in startups such as Cega,
At the end of last week, I made the case for Canadian dollar gains, and I spoke about that on BNNBloomberg on Monday as well. It’s been a great week for that trade, with the loonie up every day. I would be cautious here. A close below 1.2500 would be the lowest this year but
Not all calendars are listing this expected data release. Due at 0130 GMT on Sunday 27 March 2022 Which is 21.30 US ET (9.30pm) on Saturday 26 March 2022 China Industrial Profits for February 2022 prior +4.20% y/y prior +34.3% YTD Of more interest next week will be PMIs from China for March. These will
The fuel pinch continues. Petrol and diesel prices were hiked by 80 paise a litre each today, the fourth such hike in five days as oil firms continued to buckle to global crude pain. Petrol in Delhi will now cost Rs 98.61 per litre as against Rs 97.81 previously while diesel rates have gone up
The Bank of Canada is “prepared to act forcefully” to return inflation to its 2.0% target, said Deputy Governor Sharon Kozicki on Friday, reported Reuters. Additional Remarks: “It’s important to be clear that returning inflation to the 2% target is our primary focus and unwavering commitment.” “The pace and size of rate hikes and the start
Hello trader , welcome to our channel! Today we’re going to explain with more details how our mt4 indicator works. We chose 4 of the most used currencies used in meta trader, EUR/USD, GPB/USD, USD/JPY and AUD/USD, but don’t worry that the indicator works in all the currencies provided in forex and binary options. Notice
30%OFF -EAP Training Program – https://goo.gl/5cP1Z5 50% OFF – Advanced Pattern Mastery Course – https://advancedpatternmasterycourse.com/overview FREE training/email list – https://www.thetradingchannel.net/optinpage USDJPY breakdown video – https://youtu.be/Kn6qh9JyZDU Intro music provided by – https://www.youtube.com/user/ThisIsTheFatRat Song link – https://www.youtube.com/watch?v=2Ax_EIb1zks Outro music provided by – https://www.youtube.com/channel/UC_aEa8K-EOJ3D6gOs7HcyNg Song link – https://www.youtube.com/watch?v=Ag3qFsqBJZo
For Premium Signals- https://forexvisit.com/go-premium If you want more Actionable Forex Premium Strategies, Go to:- https://forexvisit.com/courses/a-to-z-advance-price-action-course/ Visit- https://forexvisit.com Scalping Trading Strategy 100% HIGHEST WIN RATE | Price Action | Double Top Pattern | by Forexvisit| | Descending Triangle | 1- https://www.exness.com/a/nxs7yn4aac 2- https://www.icmarkets.com/?camp=16011 3- https://my.octafx.com/open-account/?refid=ib1505000 4- https://www.forextime.com/?partner_id=4804682 Follow Us on:- https://www.facebook.com/ForexvisitOfficial https://www.instagram.com/forexvisitofficial/ Tweets by ForexVisit https://www.linkedin.com/company/forexvisit
The Ministry of Digital Transformation in Ukraine has started an online nonfungible token museum aimed at preserving the timeline of major events starting with the Russian military invading the country. In a Friday tweet, Ukraine’s minister of digital transformation Mykhailo Fedorov said the government launched an initiative with nonfungible token, or NFT, artwork depicting key
AUD/JPY is modestly lower today in what would be the first daily decline after eight straight days of gains but it’s the weekly chart where I want to focus. It’s gone parabolic, adding 4% this week in the eighth consecutive week of gains. The rally this week blew through the 2017 high and is one
Markets: Gold down $3 to $1954 US 10-year yields up 14 bps to 2.48% WTI crude oil up 69-cents to $112.97 S&P 500 up 20 points to 4540 CHF and CAD lead, JPY lags Europe and Asia handed off a relatively quiet day to North American trading but it wouldn’t stay that way for long.
MELBOURNE – Oil prices fell about a $1 on Friday as the United States and allies considered releasing more oil from storage to cool markets and as traders faced higher costs for trading benchmark Brent futures. Brent crude futures fell $1.07, or 0.9%, to $117.96 a barrel at 0053 GMT, after sliding 2.1% in the
Euro turns slightly softer after poor German business climate reading, in particular against Swiss Franc, Aussie and Loonie. Dollar is also weak except versus Yen. Yen is trying to recover but there is no clear follow through buying. It’s the the runaway loser of the week. Overall, Aussie is set to end as the week
The shared currency barely moves vs. the greenback as traders head into the weekend. The EU and the US reached an agreement on natural gas supply. EUR/USD Price Forecast: Confined to the 1.0960-1.1000 range. The EUR/USD remains subdued amid a choppy trading day, as the market mood swings from risk-on to off continue, on “hawkish”
Guess what? The 200 hour MA held resistance in the EURUSD . Surprise. Surprise. The 200 hour MA (green line) has acted as a barometer for bullish and bearish going back to last week. There have been a number of moves above and below the moving average, but the price tends to react to it