Choosing Among A Broad Selection Of Dividend-Focused ETFs
Image Source: Pixabay As classified by ETF Database (etfdb.com) by VettaFi, there are currently 92 dividend focus US ETFs with nearly $460 billion under management. If you are seeking dividend income from your ETFs, which should you take a close look at? That’s the objective of the analysis in today’s research blog entry.ETFdb divides these ETFs […]
XRP Price Targets $1.60 Breakout: Is The Bull Run Back?
XRP price is rising and gaining pace above the $1.480 zone. The price is showing positive signs and might soon aim for a breakout above the $1.60 level. XRP price is eyeing a fresh increase above the $1.5850 resistance zone. The price is now trading above $1.520 and the 100-hourly Simple Moving Average. There was […]
Sensex Today Trades Higher; Nifty Above 24,000; Adani Green Energy Jumps 8%
The yen strengthened Friday after Tokyo inflation data exceeded estimates ahead of the Bank of Japan’s meeting next month. Equities in Japan and Australia fell, while US equity futures edged higher.US stock markets remained closed on Thursday in observance of the ThanksgivingHowever, here’s a table showing how US stocks performed on Wednesday: Stock/Index LTP Change […]
USD/CAD Finds Temporary Support Below 1.4000, Canadian Q3 GDP In Focus
Photo by Michelle Spollen on Unsplash USD/CAD finds an interim cushion near 1.3980, investors await Canadian monthly and Q3 GDP data. The Canadian economy is estimated to have grown by 1% compared to same quarter of the precious year, slower than Q2 growth of 2.1%. The US Dollar could rebound, given its strong fundamental outlook. The USD/CAD pair discovers […]
Is The Concentration Of The Assets Under Custody A Threat For The Global ETF Industry?
Since the assets under management in the global ETF industry are highly concentrated on different levels (domicile, promoter, classification) it is not surprising that the assets under management are also highly concentrated on the custodial level. The high concentration of the assets under custody might raise concerns about the competition between the different custodians.With regard […]
S&P/TSX 60 Index Elliott Wave Technical Analysis
S&P/TSX 60 Elliott Wave Analysis Trading Lounge Day Chart S&P/TSX 60 Elliott Wave Technical AnalysisTechnical Details Function: Bullish Trend Mode: Impulsive Structure: Gray wave 5 Position: Orange wave 3 Direction (Next Lower Degrees): Orange wave 4 (pending) DetailsThe analysis evaluates the S&P/TSX 60 index on a daily chart using Elliott Wave theory, identifying a bullish trend in impulsive […]
AUD/USD Holds Steady Above 0.6500, Lacks Bullish Conviction Amid Trade War Fears
Image Source: Pexels AUD/USD attracts buyers for the third straight day amid a modest USD weakness. Geopolitical risks and trade war concerns keep a lid on further gains for the Aussie. Bets for slower Fed rate cuts limit the USD losses and contribute to capping the pair. The AUD/USD pair trims a part of intraday […]
GBP/USD Forecast: Eyes Breakout
The first thing that I see is that the market has pulled back just a bit to show signs of weakness, only to turn around and show signs of life. The 1.27 level has been a massive barrier over the last couple of weeks that I think will capture a lot of attention. At this […]
Forex: The Yen Sizzles After A Red Hot Tokyo Inflation Print Dazzles
Image Source: PixabayWhat began as a calculated strategy to short the Euro through EURJPY, leveraging the yen’s safe-haven appeal and the potential upside of a December BoJ rate hike, has morphed into broader anticipation of an odds-on rate hike trajectory. This sentiment has been simmering throughout the month, but the real catalyst came with Tokyo’s November […]
Forex Elliott Wave Technical Analysis: Euro/British Pound
Image Source: PixabayEURGBP Elliott Wave Analysis Trading Lounge Euro/British Pound (EURGBP) Day Chart EURGBP Elliott Wave Technical Analysis Function: Bearish Trend Mode: Impulsive Structure: Orange wave 3 Position: Navy blue wave 3 Direction (Next Lower Degrees): Orange wave 3 (in progress) Details Orange wave 2 appears to have been completed, with orange wave 3 now […]
