Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive […]
Economic calendar in Asia Thursday, 4 April 2024 – another Fed speaker, China & HK holidayEconomic calendar in Asia Thursday, 4 April 2024 – another Fed speaker, China & HK holiday
The key points for the day are that Federal Reserve Board Governor Adriana Kugler is due to speak and Chinese and Hong Kong markets are […]
US 10-year yields finish right at 4.35% againUS 10-year yields finish right at 4.35% again
In each of the past two days it looked like 10-year yields were breaking out but they’ve been reeled back to the 4.35% level. That […]
Major US stock indices close today with mixed resultsMajor US stock indices close today with mixed results
The major US stock indices are closing mixed. The Dow industrial averages lower. The broader S&P and NASDAQ indices are up modestly. The final numbers […]
Copper is beginning to cookCopper is beginning to cook
Copper prices are up 3% today to the best levels in 14 months. China represents about 50% of global demand so it’s generally a China […]
US crude oil futures settle at $85.43US crude oil futures settle at $85.43
Crude oil futures are settling at $85.43. That is up $0.28 or 0.33%. The high price for the day reached $86.20. The low price was […]
Some trading rules from a Market WizardSome trading rules from a Market Wizard
I stumbled onto this thread from Peter Brandt and I want to share it. Brandt was featured in Unknown Market Wizards as part of the […]
USDCHF falls belwo the 100 hour MA but stalls at the 200 hour MAUSDCHF falls belwo the 100 hour MA but stalls at the 200 hour MA
The USDCHF earlier today reached up to the highest level of the year at 0.90949. However the last three or four hours have seen a […]
April seasonality USD tends to fall in April and bounce back in May — SocGenApril seasonality USD tends to fall in April and bounce back in May — SocGen
Société Générale notes a consistent seasonal pattern in FX markets where the US dollar tends to weaken in April, followed by a stronger recovery in […]
Powell:Inflation wasn’t just a question of demand overheating but involved supply side tooPowell:Inflation wasn’t just a question of demand overheating but involved supply side too
Inflation was not just a question of demand overheating, but also involved a supply shock.Needed to see an unwinding of the pandemic led distortions and […]