Category Archive: Finance, No picture
Bank Of Canada (BoC) Preview: Dovish Rate-Hike To Fuel USD/CAD Strength
TRADING THE NEWS: BANK OF CANADA (BOC) INTEREST RATE DECISION The Bank of Canada (BoC) meeting may shake up the near-term outlook for USD/CAD as the central bank is expected to increase the benchmark interest rate to 1.75% from 1.50%. A 25bp rate-hike paired with a hawkish policy statement may trigger a bullish reaction in the Canadian dollar as […]
USDCAD Daily Analysis – Wednesday, Oct. 24
USDCAD remains in the uptrend from 1.2915, the pullback from 1.3132 could be treated as consolidation for the uptrend. As long as 1.3025 support holds, the uptrend could be expected to resume and further rise to 1.3200 area is still possible. Only a breakdown below 1.3025 support could bring the price back towards the bullish […]
Disney: Fox Acquisition Secured And Strong ESPN Streaming Numbers
Stock Trends Upward to New Highs: Disney (DIS) has finally broken out to new highs as the Fox (FOX) acquisition and its streaming initiatives come into the fold. Now that the Fox acquisition is complete and its assets are being absorbed by Disney this once opaque situation now appears clear and definitive. Furthermore, Disney is […]
Sensex Ends Volatile Day In Green; Realty, Energy Stocks Lead Gains
After opening the day in the red, share markets in India witnessed volatile trading activity throughout the day and ended the day in above the dotted line. Sectoral indices traded mixed, with stocks in the energy sector and stocks in the banking sector, leading the gains. At the closing bell, the BSE Sensex stood higher by 187 points (up 0.6%) and the NSE […]
Deutsche Bank Shares Tumble After Net Income Plunges 65% On Lowest Revenue In 8 Years
There was some good, but mostly bad news in Deutsche Bank’s Q3 earnings report. The good news is that after years of turmoil, the biggest German bank is showing signs of stabilization under new CEO Christian Sewing after a bitter boardroom battle. The bad news is that the bank missed across all key revenue metrics […]
BTC/USD Forex Signal – Wednesday, Oct. 24
Yesterday’s signals were not triggered, as none of the key levels were ever reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered from 8am London time until 5pm Tokyo time today, over the next 24-hour period only. Long Trades Go long after a bullish price action reversal on the H1 time frame following […]
AUDUSD Daily Analysis – Wednesday, Oct. 24
AUDUSD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 0.7159. As long as the channel resistance holds, the downside movement could be expected to continue and further decline to test 0.7041 support is possible. On the upside, a breakout of the channel resistance would indicate that the […]
3 Reasons Why EUR/USD Is At 2-Month Lows, Levels
The EUR/USD is hitting fresh two-month lows and trades closer to 1.1400. A toxic mix of headlines from Italy, weak PMI’s, and a risk-off atmosphere weigh. The technical picture is slightly bearish for the pair. The EUR/USD hit a new two-month low of 1.1418, the lowest since mid-August. There are three reasons for this fresh slump. […]
Central Bank Cheap Money Now A Global Contagion
Video Length: 00:41:09 Former Dallas Fed insider, Danielle DiMartino Booth, spoke with SBTV about the inner workings of the Fed and how the Federal Reserve missed the train wreck which resulted in the 2007 Financial Crisis. Without being alarmist, Danielle presented a factual view of how leveraged and indebted our financial system has become. She […]
Sensex Pares Gains; Energy, Realty Stocks Gain
After opening the day in green share markets in India are trading on a positive note and are presently trading above the dotted line. Sectoral indices are trading on a mixed note, with stocks in the realty sector and stocks in the energy sector witnessing maximum buying interest. The BSE Sensex is trading up by 151 points (up 0.4%) and the NSE Nifty is trading […]
