Archives by Month:

Archives by Year:

Market Briefing For Tuesday, August 20

Market Briefing For Tuesday, August 20

Lukewarm data – continues the basic ‘set-up’ for the Fed to ease rates. It’s in the mix, and the market sort of acting like it wants to go higher reflects that. depositphotos Of course, Indices are on the threshold of record highs, and the good news is that it’s with ‘less’ bifurcation that previous 2024 treks that were […]
Two Trades To Watch: DAX, USD/JPY Forecast – Tuesday, Aug. 20

Two Trades To Watch: DAX, USD/JPY Forecast – Tuesday, Aug. 20

Image Source: Pixabay  DAX rises for an 11th straight session on rate cut optimism DAX extends its recovery on hopes of Fed & ECB rate cuts German PPI falls -0.8% Eurozone CPI is expected to rise to 2.6% YoY in July DAX rises towards July high of 18.8k The DAX has opened higher and trades positively for […]
Dow Jones 30 Forecast: Continues To Look For Higher Levels

Dow Jones 30 Forecast: Continues To Look For Higher Levels

Dow Jones 30 has been very bullish in the last week or so, but the real question will be whether or not we can continue the overall move higher? After all, we are starting to look a little stretched, so at this point in time it is likely that we will have to see a […]
EUR/USD Forex Signal: Slowly Approaching Key Resistance At 1.1140 
                    
 

EUR/USD Forex Signal: Slowly Approaching Key Resistance At 1.1140  

Bullish view Buy the EUR/USD pair and set a take-profit at 1.1140. Add a stop-loss at 1.0983. Timeline: 1-2 days.  Bearish view Set a sell-stop at 1.1065 and a take-profit at 1.0960. Add a stop-loss at 1.1140. The EUR/USD exchange rate continued its strong bull run this week and reached a high of 1.1077 as more Fed […]
XRP Price Prediction: Evaluating Ripple’s Market Position After SEC Settlement

XRP Price Prediction: Evaluating Ripple’s Market Position After SEC Settlement

Amid the ongoing crypto rebound led by Bitcoin (BTC), which rallied above $60k again today, Ripple Labs-backed XRP price signaled the onset of a macro bullish outlook. The large-cap altcoin, with a fully diluted valuation of about $60 billion and a daily average traded volume of nearly $2 billion, pumped 7.4 percent in the past 24 hours to trade […]
US Equities Once Again Pushing Record Highs

US Equities Once Again Pushing Record Highs

Image Source: Pixabay  Indeed, conditions have been thinner in August summer trade for many traders out there. At the same time, it’s been hard to ignore just how impressive this rebound in risk assets has been since the intense Monday fallout earlier this month.Video Length: 00:01:08More By This Author:Goldman Shaves US Recession Probability US Dollar Weakness […]
Inflation Eases In The UK, But Is The Economy Truly Recovering?

Inflation Eases In The UK, But Is The Economy Truly Recovering?

The UK economy in 2024 presents a blend of promising growth figures and underlying concerns, leaving many to wonder: Is this a sustainable rebound or merely a temporary upswing?While the country has shown resilience in recovering from recent economic challenges, a closer look reveals potential vulnerabilities that could undermine this progress.Key factors such as retail […]
AUD/USD Price Forecast: Maintains Position Near 0.6750 With A Short-term Bullish Trend

AUD/USD Price Forecast: Maintains Position Near 0.6750 With A Short-term Bullish Trend

AUD/USD halts its three-day winning streak, trading around 0.6730 during the European hours on Tuesday. The daily chart analysis indicates that the pair is moving upward within an ascending channel pattern, which suggests the strengthening of a bullish bias.Furthermore, the 14-day Relative Strength Index (RSI) is approaching the 70 mark, reinforcing the ongoing bullish momentum. Reaching the 70 […]
Sweden’s Riksbank Says It’ll Move Faster As It Cuts Rates Again

Sweden’s Riksbank Says It’ll Move Faster As It Cuts Rates Again

High interest rates are taking their toll on Sweden’s economy, and with the inflation outlook looking benign, the Riksbank is becoming increasingly confident that rates need to fall more quickly. We have no reason to doubt its signal that rates could fall two or three more times by year-end.Sweden’s Riksbank has cut rates for the […]
Canada CPI Set To Show Easing Price Pressures, Bolstering BoC To Further Ease Policy

Canada CPI Set To Show Easing Price Pressures, Bolstering BoC To Further Ease Policy

Canada is poised to release the latest inflation figures on Tuesday, with Statistics Canada publishing the Consumer Price Index (CPI) data for July. Forecasts suggest the continuation of disinflationary trends in the headline CPI, while another uptick in the core reading, as it happened in June, could add some volatility to the release.Alongside the CPI […]