Tag: Forexlive

This week, various significant events are expected to take place that could impact the global market. Here is a breakdown of what to look out for: Monday: People's Bank of China (PBoC) is anticipated to...

China is getting ready to make an announcement on Monday, October 21, 2024. The People's Bank of China (PBoC) plans to set the loan prime rates (LPRs) on that day. Last month, the PBoC...

Next week will be an exciting one for investors as several key companies are set to report their earnings. Some of the big names to watch out for include Tesla, Boeing, AT&T, and Coca-Cola. On...

Gold prices soared to a record high above $2700, bringing joy to gold enthusiasts as they enjoy a 4-day rally and a fresh all-time high. The market saw strong and steady bids with dips...

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...