USD/CHF Drifts Lower To Near 0.8750, Fed Rate Decision Looms
Photo by Claudio Schwarz on Unsplash USD/CHF weakens to around 0.8750 in Thursday’s early European session. Investors brace for the US Fed rate decision on Thursday. The safe-haven demand could lift the Swiss Franc against the Greenback. The USD/CHF pair softens to near 0.8750 during the early European trading hours on Thursday. Traders might prefer to wait on […]
EUR/USD Hovers Around 1.0750 With Negative Bias Amid Trump Trades
Image Source: Pixabay EUR/USD may depreciate further as the US Dollar (USD) receives support from Trump trades. Republicans to gain significant authority to push through an expansive agenda focused on tax and spending cuts. The ECB may consider cutting rates to near zero by 2025 if Europe’s economic growth falters due to Trump’s tariffs. EUR/USD holds […]
Silver Price Forecast: XAG/USD Hovers Around $31.00, Seems Vulnerable Near Multi-Week Low
Image Source: Pixabay Silver remains under some selling pressure on Thursday and hangs near a three-week low. The recent breakdown below key technical levels supports prospects for additional losses. Any attempted recovery might now be seen as a selling opportunity and remain capped. Silver (XAG/USD) trades with negative bias for the second straight day on Thursday and […]
Binance Crypto Price News Today Elliott Wave Technical Analysis 8
Image Source: PixabayElliott Wave Analysis TradingLounge Daily ChartBinance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double Correctiveposition: Wave ((Y))Direction Next higher Degrees: wave 2Wave Cancel invalid level:Details: The decline of wave Y is likely to end and the price is re-entering the uptrend.Binance/ U.S. dollar(BNBUSD)Trading Strategy: The correction in wave 2 seems to be over so […]
Why Has The SPDR Financial XLF ETF Surged To A Record High?
Image Source: Pixabay The Financial Select Sector SPDR ETF has surged to a record high. Donald Trump will usher in a new era in financial deregulation. The Federal Reserve will cut interest rates by 0.25% on Thursday. The Financial Select Sector SPDR ETF (XLF) has been in a strong bull run and is sitting at its […]
The “Little Things” Matter In Investing (And In Baseball, Too)
Image Source: PexelsYou’ve probably heard enough about the election, so I’m not going to comment anymore on what it may mean for your portfolio or anything like that. You can read what I wrote about it here if – for some reason – you can’t get enough of Harris and Trump.Instead, I’m going to talk about something way […]
German Government Collapses As Mass Strikes Grind Economy To A Halt
Image Source: PixabayIt’s not a good day for the establishment. Just hours after Kamala Harris – and the Democrats – staggering loss which ushered in Trump as president for the third time and gave Republicans a sweep of Congress, Germany’s three-party ruling coalition which had been on the verge of collapse for months, imploded on Wednesday […]
Financial Markets Report For Wednesday, Nov 6
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, November 6.Video Length: 00:16:20More By This Author:Financial Markets Report For Monday, Nov 4Metal Markets Report For Thursday, Oct 24SPDR ETF Report For Thursday, Oct 24
Current Report: Noah Holdings
Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Noah Holdings Ltd (NOAH) is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China.The company operates through three segments: (1) wealth […]
USD/CAD Extends Upside To Near 1.3950, Fed Rate Decision In Focus
Photo by Michelle Spollen on Unsplash USD/CAD gains momentum to around 1.3940 in Thursday’s early Asian session. The victory of Republican candidate Donald Trump in the US presidential election lifts the Greenback. BoC officials worried that the jumbo rate cut would be a sign of economic trouble. The USD/CAD pair extends the rally to near 1.3940 during the early […]
