Former Fed Gov. and PIMCO global economic advisor Richard Clarida is on CNBC says: Feds stance is dovish despite perceived hawkishness Earliest practical time for rate cut is September. PIMCO’s base case is for one cut this year in December Characterizes the May inflation data as welcome news for the Fed Says that Fed officials […]
US Dollar (DXY) Back to Flat on the Day After German Inflation and US ISM Data US dollar index driven by Euro moves. ISM report shows ongoing weakness in the US manufacturing sector. For all high impact data and event releases, see the real-time DailyFX Economic Calendar Economic activity in the US manufacturing sector contracted […]
In the first half of 2024, the global financial landscape witnessed an increase in the momentum of dedollarisation. The movement is driven by various geopolitical, economic, and strategic factors by countries seeking to diversify their currency holdings and reduce vulnerability to the US monetary policy and financial and economic sanctions, DBS macro analysts Philip Wee […]
$100 into $12,800
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How to transform your $100 into $12,800 over the next 7 years I aim to transform $100 into $12,800 over the next 7 years. Though it may seem ambitious, I’ve meticulously calculated the figures and have strong confidence in achieving this goal. I started this account in January 2024. Here’s the simple plan breakdown: ### […]
Oil benchmarks rose by more than 5% in June They’ve started July with further gains Still, the WTI market remains well within its broader long-term range Get your hands on the new Oil outlook for Q2 with exclusive insights into key market catalysts that should be on every trader’s radar: Recommended by David Cottle Get […]
Investing.com – The U.S. dollar slipped lower in early European trade Monday ahead of the week’s key employment report, while the euro rallied after the first round of voting in the French elections. At 05:30 ET (09:30 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.3% lower […]
Prior 61.14k; revised to 60.82k Net consumer credit £1.5 billion Prior £0.7 billion; revised to £0.8 billion Individuals borrowed, on net, £1.2 billion of mortgage debt in May – down from £2.2 billion in April. That sees the annual growth rate for net mortgage lending rising to 0.3% in May, up from 0.2% in April […]
Listen to the audio episode: Get The Complete Price Action Strategy Checklist! 25 Years Of Full-Time Trading In episode 461 of the Desire To Trade Podcast, we will be listening to the recording of an interview with seasoned Futures trader, Anthony Crudele, and he shares experiences from 25 years of full-time trading. Learn why having a […]
Decoding Trading Methods
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There are many trading strategies. In a single symbol, more than 1000+ trading methods are applied by traders. Each may have their own method and its not important now to discuss if they are successful or not, but we are focusing on the way multiple trading methods are applied on same symbol and how market […]
Euro and CAC 40 Rally After the First Round of French Elections National Rally in poll position but unlikely to win an outright majority. CAC 40 rallies, Euro picks up a bid. Our Brand new Q3 Euro Guide is now available to download for free Recommended by Nick Cawley Get Your Free EUR Forecast The […]
Here is what you need to know on Monday, July 1: The US Dollar (USD) struggles to find demand at the beginning of the third quarter as investors adjust their positions ahead of this week’s key macroeconomic events and data releases. Later in the session, preliminary Consumer Price Index (CPI) data for June from Germany […]
Investing.com– Most Asian currencies kept to a tight range on Monday as sentiment towards the region was dented by weak Chinese business activity data, while the dollar retreated amid some growing bets on an interest rate cut. A sharp downward revision in Japan’s first quarter gross domestic product also kept sentiment towards Asia largely negative, […]
