Colombia Consumer Price Index (YoY) above forecasts (5.13%) in November: Actual (5.2%) Source link
Colombia Consumer Price Index (MoM) came in at 0.27%, above forecasts (0.2%) in November Source link
NZD/JPY fell to 87.48 on Friday, extending its weekly losses. Indicators are dangerously close to oversold conditions, signaling a potential correction. Bearish momentum remains intact, with risks of further downside. The NZD/JPY pair extended its decline on Friday, falling to 87.48 as selling pressure intensified. This marks a continuation of the bearish trend that began […]
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose on Friday, as earlier selling, amid a jobs report showing higher unemployment and modest job gains overall, lost momentum ahead of an inflation report next week that could either reinforce or cast doubts on interest rate cut expectations later this month. The greenback recovered from […]
Amazon stock closes 2.94% higher at new all-time high. November NFP hits well above expectations on Friday. Amazon is still seeing positive vibes from its new AI chip. Amazon shares have risen in eight of last nine sessions. Amazon (AMZN) stock is up for the sixth consecutive session on Friday, a streak that began […]
Dow Jones declines further on Friday
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The Dow Jones shed another third of a percent to wrap up the trading week. US NFP jobs figures came in above expectations, but the US Unemployment Rate also rose. Steep losses in key stocks are dragging the Dow Jones lower. The Dow Jones Industrial Average (DJIA) turned lower on Friday, shedding another 140 points […]
Market moves: WTI crude oil down $1.20 to $67.10 US 10-year yields down 2.9 bps to 4.15% Bitcoin up $2544 to $101,540 Gold up $1 to $2633 S&P 500 up 0.2% JPY leads, AUD lags The theme all week is that it’s been tough to tie market moves to economic news/data and today was no […]
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 […]
Federal Reserve officials are barred from commenting on monetary policy from midnight Friday until after the December 18 FOMC decision. Given the late date for the final FOMC meeting, it could be quiet for the remainder of the month as the Christmas doldrums will kick-off soon afterwards. There is a risk of some kind of […]
Morgan Stanley shares a tactically bullish stance on the USD, citing strong US data and trade policy risks. The EUR faces headwinds from weak domestic growth and tariff-related risks, while the GBP benefits from fiscal-driven growth and high rate differentials. Key Points: USD: View: Bullish. Rationale: Strong US data and potential repricing of trade policy […]
Entry Parameters: Trade Example
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Entry Parameters: Fundamentals and Configuration As explained in the Introduction to SENTINEL Heikin-Ashi blog, the entry signal for this EA is generated by filtering trend reversals detected by Heikin-Ashi candles with overbought or oversold conditions from the RSI indicator. The expert advisor allows customization of both the period and levels of this indicator: By adjusting […]
CIBC is out with a review of today’s Canadian jobs report: Despite strong headline job numbers, the underlying details were mostly negative They cite: Largely public sector job gains, highest unemployment rate since 2016, wage growth lowest since June 2023 The weakening labor market, combined with slow GDP growth, indicates growing economic slack Private sector […]
