Gold soars on geopolitical concerns, US Presidential election

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Gold climbs to new ATH at $2,774 as mixed US data bolsters expectations of a Fed rate cut in November. Safe-haven demand remains strong amid heightened Middle East conflict, Ukraine war, and rising odds for a Trump victory in US elections. Investors await key economic data this week, including GDP, Nonfarm Payrolls, and the PCE […]

China stimulus report has the right number but the details are all wrong | Forexlive

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The market has been patiently waiting for news on Chinese fiscal stimulus after the finance ministry hinted it was coming following a range of moves to boost financial markets. Today in a report from Reuters, we got a strong sense of what’s coming. The report says that after a Nov 4-8 series of meetings, that […]

Dow Jones Industrial Average slips amid high US yields, Fed rate cut odds increase

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Dow Jones dips from 42,500 as US Treasury yields rise. US job openings drop to lowest since January 2021, supporting rate cut bets. Consumer Confidence jumps to 108.7, the highest since March 2021. Boeing leads Dow gains, up 2.93% after share sale, while Chevron, Coca-Cola, and Home Depot lag behind, posting notable losses. The Dow […]

How to Know the End of a Trend in Forex: Unveiling Key Signals for Traders!

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In the fast-paced world of Forex trading, understanding market trends is essential for success. The end of trend Style Analytics helps traders identify shifts in currency pair directions and reflects investor sentiment. This ability can significantly enhance your trading strategy, allowing you to capitalize on profitable opportunities and minimize risks.This article will explore key aspects […]

US wholesale inventories or September -0.1% versus revised 0.2% last month | Forexlive

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Prior month 0.2% (revised from 0.1%) Advance Wholesale Inventories Wholesale inventories for September were estimated at an end-of-month level of $905.0 billion, down 0.1 percent from August 2024 Up 0.5 percent from September 2023 Advance Retail Inventories Retail inventories for September were estimated at an end-of-month level of $824.3 billion, up 0.8 percent from August […]

MT4 MT5 order hanging optimization resource settings VPS/computer MT4/5 end resource optimization

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There are often requirements such as running order tracking and running EA for multiple accounts. We need to open and run multiple MT4 and MT5 on a server (VPS) or computer. In order to save system resources and unnecessary expenses, we can perform the following optimizations! First, open Tools ->Options 1. Unless necessary, please do […]

Gold pushes higher after Oil plummets

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Gold rises after Oil prices cascade due to Israel’s decision not to target Iranian Oil facilities in its recent bombing raid.  Cheaper Oil is likely to keep global inflation capped, leading to lower interest rates, which is positive for Gold.   XAU/USD trades up to the top of a mini range, consolidating within a longer-term bullish […]

Japan’s finance minister vows to closely watch FX moves By Reuters

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TOKYO (Reuters) -Japan’s Finance Minister Katsunobu Kato reiterated on Tuesday that the authorities would be vigilant to foreign exchange moves, including those driven by speculators. “We will continue to closely monitor foreign exchange moves, including those driven by speculators, with a higher sense of vigilance,” Kato told a regular news conference. The yen is languishing […]

Dollar steadies ahead of key economic data deluge By Investing.com

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Investing.com – The U.S. dollar steadied at elevated levels Tuesday before the release of a string of key economic readings this week, while Japanese yen remained near a three-month low on political uncertainty. At 05:20 ET (09:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded slightly lower […]

European equities hold higher to start the session | Forexlive

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Eurostoxx +0.4% Germany DAX +0.4% France CAC 40 +0.6% UK FTSE +0.2% Spain IBEX -0.2% Italy FTSE MIB +0.5% US futures were also up a touch in the past hour but have surrendered that advance to start the session. S&P 500 futures are now flat. For European indices, the optimism holds for now but keep […]

Forex Today: Markets turn cautious ahead of US data, Gold nears record-high

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Here is what you need to know on Tuesday, October 29: Financial markets seem to have adopted a cautious tone following Monday’s choppy action. The US economic calendar will feature Goods Trade Balance and JOLTS Job Openings data for September, alongside the Conference Board’s Consumer Confidence Index for October.  Investors refrain from taking large positions […]