GBP/USD Eases From Multi-Week High, Trades With Negative Bias Below Mid-1.2700s
Photo by Colin Watts on Unsplash GBP/USD struggles to capitalize on its gains registered over the past three days. BoE Governor predicted four rate cuts in 2025 and weigh on the British Pound. Subdued USD price action could support the pair ahead of the US NFP report. The GBP/USD pair oscillates in a range below mid-1.2700s during the […]
SPDR ETF Report For Thursday, Dec 5
Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day that ended, Thursday, December 5.Video Length: 00:14:24More By This Author:Metal Markets Report For Wednesday, Dec 4Financial Markets Report For Wednesday, Dec 4Metal Markets Report For Tuesday, Dec 3
Stocks Take Trump’s Tariff Threats In Stride. Here’s Why
Image Source: UnsplashLast week, President-elect Donald Trump posted on social media that he will slap a 25% tariff on all products coming from Mexico and Canada on his first day in office. Similarly, Trump said China will face an additional 10% above any existing tariffs until it stems the flow of illegal drugs into the US. […]
Current Report: Chicago Atlantic REIT
Image Source: PixabayChicago Atlantic Real Estate Finance Inc (REFI) is engaged in a commercial real estate finance company.Its primary investment objective is to provide attractive risk-adjusted returns for stockholders over time, through consistent current income dividends and other distributions and secondarily through capital appreciation.Its portfolio primarily includes offers senior loans to state-licensed operators in the cannabis […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Friday, Dec 6
Image Source: DepositPhotosToday you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:38 More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
Elliott Wave Technical Analysis: AAVE Crypto Price News For Friday, Dec 6
Image Source: PexelsElliott Wave Analysis TradingLounge Daily ChartAAVE/ U.S. dollar(AAVEUSD)AAVEUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: ImpulsePosition: Wave IIIDirection Next higher Degrees: Wave (III) of ImpulseWave Cancel invalid Level: 125.280Details: The five-wave likely goes up to test 482 Level AAVE/ U.S. dollar(AAVEUSD)Trading Strategy : Overview remains in an uptrend with an impulsive rally. We are currently […]
USD/CAD Softens Below 1.4050 As Traders Await US NFP Data
Photo by Michelle Spollen on Unsplash USD/CAD weakens to near 1.4020 in Friday’s early Asian session. The US weekly Initial Jobless Claims rose slightly last week. Trump tariff threats could weigh on the Loonie and act as a tailwind for the pair. The USD/CAD pair trades in negative territory around 1.4020 during the early Asian session on Friday. The US Dollar […]
Gold Tumbles As US Yields Jump As Traders Await US Nonfarm Payrolls
Image Source: Pixabay Gold price drops as rising US Treasury yields diminish its appeal amidst uncertain Fed actions. Mixed US jobless claims data contribute to market volatility ahead of crucial Nonfarm Payrolls release. Fed Chair Powell’s optimistic economic assessment tempers expectations for imminent rate cuts. Gold price retreats on Thursday as investors digested the latest US jobless […]
There Is No Appetite For Fed Reform In Washington
Image source: Wikipedia Today in Politico , finance reporter Victoria Guida takes a look at the prospects for any meaningful reform that might rein in the Fed’s runaway powers that have expanded far beyond its historical remit in recent years.It seems the prospects are not good. For starters, the president-elect has no interest at all in having the […]
ECB Preview: Gut Feeling Vs Model-Based Judgement
Image Source: Pixabay Somehow, we are back at where we were ahead of the European Central Bank’s October meeting. The only difference this time around is not whether to cut or halt but rather whether to cut by 25bp or by 50bp. As ahead of the October meeting, there are good arguments for both options. At the […]
