Author: FX

The Axios report cites Israeli and US officialsIsrael and Lebanon are on the cusp of a ceasefire agreementIsraeli media has reported that Israel agreed in principle to the proposal for a ceasefire in LebanonIsrael Broadcasting Corporation agreement with Lebanon not yet reached, issues remain.We’ll see. Remember though, for markets hope is a four-letter word. This article was written by Eamonn Sheridan at www.forexlive.com. Source link

The Better Bollinger Band and Hull Levels Forex Trading Strategy combines the strengths of two powerful trading indicators to create a comprehensive approach for navigating the forex market. Bollinger Bands, developed by John Bollinger, are well-known for their ability to gauge volatility and identify potential price reversals through the use of upper and lower bands that represent standard deviations from a moving average. By understanding how prices interact with these bands, traders can make informed decisions about entry and exit points. When combined with the Hull Moving Average (HMA), a trend-following indicator renowned for its responsiveness and smoothness, this strategy…

The foreign exchange market, or forex for short, can be a thrilling yet intimidating arena for new traders. Prices constantly fluctuate, and deciphering these movements to make informed trading decisions requires a solid grasp of technical analysis. Thankfully, a wealth of tools exists to empower traders, and the ASC Trend MT5 Indicator is a valuable addition to any forex trader’s arsenal. This comprehensive guide dives deep into the ASC Trend MT5 Indicator, unpacking its functionality, interpreting its signals, and exploring how to integrate it seamlessly into your trading strategy. Whether you’re a seasoned pro or a curious newcomer, this guide…

Gold price attracts some buyers to near $2,720 in Monday’s early Asian session. Heightened geopolitical tensions between Russia and Ukraine lift the Gold price.  The cautious stance from the Fed might cap the upside for Gold.  The Gold price (XAU/USD) jumps to around $2,720 during the early Asian session on Monday. The sell-off in the US Dollar (USD) provides some support to the USD-denominated Gold price. Additionally, rising geopolitical tensions continue to underpin safe-haven assets like yellow metal. Investors will closely monitor the developments surrounding the Russia-Ukraine conflicts. Last week, Russian President Vladimir Putin lowered the threshold for a nuclear strike…

Fluence Energy (NASDAQ:FLNC) is scheduled to announce Q4 earnings results on Monday, November 25th, after market close. The consensus EPS Estimate is $0.29 (+1350.0% Y/Y) and the consensus Revenue Estimate is $1.29B (+91.7% Y/Y). Over the last 1 year, FLNC Source link

(Reuters) – Oil major BP (NYSE:)’s former CEO Bernard Looney is set to chair Prometheus Hyperscale, the U.S.-based data company said on Sunday.  Looney, who resigned in 2023 after four years in the British energy giant’s top job for failing to fully disclose details of past personal relationships with colleagues, will provide strategic guidance on the development of the data-driven company’s growth plans, Prometheus Hyperscale said in a statement.  In his new role, Looney will also assist with tasks including work on the company’s flagship $10 billion data center in Evanston, Wyoming, Prometheus Hyperscale said.  “I’m wishing BP well, and…

New Zealand retail sales data for Q3 is the highlight. Retail spending in NZ has been pressured by high rates and a weak economy, and this is expected to show in the data again today, despite the RBNZ kicking off its easing cycle in August:The RBNZ reduced the Official Cash Rate (OCR) by 25 basis points, bringing it down to 5.25%. This marked the first rate cut since March 2020, signaling a shift from the previous tightening stance.with another cut in October:In response to a weakening economy and subdued inflation, the RBNZ implemented a more substantial cut of 50 basis…

Images By Tang Ming Tung/DigitalVision via Getty Images Movie theater box offices got a much-needed jolt this weekend as musical “Wicked” and sword-and-sandal epic “Gladiator II” brought in a combined $270M, according to studio estimates. “Wicked” opened with $114M in US ticket sales and $164.2M worldwide for Comcast’s ( Source link

By Bo Erickson WASHINGTON (Reuters) – Republican U.S. Senator Rand Paul voiced opposition on Sunday to the idea of using the military to carry out mass deportations of people living in the country illegally after President-elect Donald Trump signaled last week that he plans to do so. “You don’t do it with the Army because it’s illegal,” Paul said on CBS’s “Face the Nation” program. “If they send the Army into New York and you have 10,000 troops marching carrying semi-automatic weapons, I think it’s a terrible image, and I will oppose that.” A 19th century U.S. law prohibits federal…

Mon: German Ifo (Nov), US National Activity Index (Oct)Tue: FOMC Minutes (Nov); US New Home Sales (Oct), Richmond Fed (Nov)Wed: RBNZ Policy Announcement; Australian CPI (Oct), German GfK (Dec), US GDP 2nd (Q3), PCE Prices Prelim. (Q3), PCE Price Index (Oct), Initial Jobless Claims (23rd Nov), Durable Goods (Oct)Thu: US Holiday: Thanksgiving. CBRT Minutes (Nov); EZ M3 (Oct), EZ Consumer Confidence Final (Nov), German CPI Prelim. (Nov), Japanese Tokyo CPI (Nov), Unemployment (Oct)Fri: German Retail Sales (Oct), French Prelim. CPI (Nov), German Unemployment (Nov), EZ HICP Flash (Nov), Canadian GDP (Q3)FOMC Minutes (Tue):At its November meeting, the FOMC cut rates…