Tag: Forexlive

The stock market had a positive week with major indices closing higher. The Nasdaq showed the strongest performance, leading the way for the Dow and the S&P. However, the small cap Russell 2000 closed...

Foreign exchange trading is a risky venture that may not be suitable for everyone. It is important to understand the risks involved, especially with the use of leverage. Before diving into foreign exchange trading,...

The USD/JPY price experienced a slight drop today, but buyers are still in control of the situation. Looking at the near-term chart, a 30 pip drop earlier may not seem significant. According to a...

There is only one FX option expiry worth noting on this day, which is at the 1.0850 level for the EUR/USD pair. Although this level may not align with any significant technical levels, the...

The US Dollar has been gaining strength this week despite lower Treasury yields and limited economic data. Stanley Druckenmiller suggested that the market may be anticipating a Trump victory, which could explain the recent...

On Thursday, the 17th of October 2024, at 5:30 GMT, there is a significant FX option expiry to pay attention to, especially for the AUD/USD pair at the 0.6700 level. This particular expiry could...

The European Central Bank (ECB) is set to meet tomorrow, and there are expectations of a 25 basis point cut in interest rates. This has put pressure on the EURUSD pair, which has dropped...

US Mortgage Bankers Association (MBA) reported a 17.0% decrease in mortgage applications for the week ending October 11th. This significant drop indicates a potential slowdown in the housing market. It is essential for investors...

Foreign exchange trading is a risky endeavor that may not be suitable for all investors. The use of leverage can further increase the level of risk and potential loss. It is important to carefully...

The US Dollar's bullish momentum appears to be slowing down despite the recent higher-than-expected US CPI and PPI reports. The market has adjusted its expectations for aggressive rate cuts and is now in line...