EURAUD Stumbles, But Broader Uptrend Remains in Play
EURAUD posted substantial losses in recent days, after touching a 10-year high of 1.6790 last week. Despite this pullback though, the medium-term uptrend is still in play, with a clear break back below 1.6230 and the 50-day simple moving average...
Dollar Shrugs Pick-up in CPI Inflation, Swiss Franc Rises on Risk Aversion
Swiss Franc rises broadly today as risk aversion stays in the markets, even though Yen is firm but relatively unmoved. Sterling also recovers with help from stronger than expected wage growth. On the other hand, New Zealand and Canadian Dollars...
Consumer price inflation rises amid increases in gas and housing costs
Consumer prices rose more quickly than expected in July as gasoline reversed a two-month decline and the cost for rent continued to climb. The consumer price index for all items was up 0.3% for the month, against expectations for a...
Moving Average (MA) Explained for Traders
Introduction to Moving Averages: Moving Average – Talking Points: What is a moving average? How do you calculate moving average? What is the purpose of moving averages? How do you interpret moving averages? What is a Moving Average? In technical...
EMA Trading | An EMA Strategy with Forex Trends
EMA Trading: Overview What is “EMA” in Forex Trading? Three-Step EMA Trading Strategy Step 1: Find the Trend in Your Forex Pair Step 2: Using EMA to Time Entries Step 3: Using EMA to Find Exit Positions What is “EMA”...
XAU/USD Surpassed 1,520.00 Level
Yesterday, the price for gold skyrocketed to the 1,520.00 level. During Tuesday’s morning, the XAU/USD exchange rate surpassed the 1,525.00 mark. From the one hand, yellow metal could continue to appreciate against the US Dollar in the short term. A...
Forex Steady Despite Risk Aversion, UK Job Data Watched
The forex markets are rather calm so far despite deep risk aversion elsewhere. Most notably, US 30-year yield plunged sharply by -0.118 to 2.130, closing in to 2.102 historical low. Major Asia indices are all in red, following selloff in...
USD/CAD Canadian Dollar Lower As Recession Fears Trigger Market Sell Off
The Canadian dollar lost 0.23 percent on Monday. Oil prices could not hold the gains from the Asian session and during the North American session were almost flat. Gold continues to shine as a safe haven alongside with the Japanese...
Investors are rushing into bonds, like they’re the new ‘Beyond Meat’
Investors are jumping into bonds like they’re a hot new commodity or even stock, but strategists warn the prices are getting rich as the yields shrink in the Treasury market. That apparently isn’t fazing some investors who are subscribing to...
Bond market close to sending biggest recession signal yet
Scott Olson | Getty Images As Wall Street economists up the odds for a recession in the coming year, the bond market is sending its own scary warning about an economic downturn. Various parts of the yield curve have been...
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