Author: FX

Share: GBP/USD maintains its position below 1.2650, focus on US GDP data GBP/USD hovers around 1.2640 during the Asian hours on Thursday, attempting to recover its recent losses registered on Wednesday. The Pound Sterling (GBP) faced a challenge due to downbeat inflation from the United Kingdom (UK). Additionally, the US Dollar (USD) witnessed gains on improved economic data from the United States (US). UK Consumer Price Index (CPI) (YoY) eased at 3.9% from the previous figures of 4.6%, against the expected readings of 4.4% in November. The CPI (MoM) dropped 0.2% MoM in November from a flat 0.0%…

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Can risk-taking extend its stay in the financial markets? If so, these uptrend correction levels on XAG/USD are worth keeping tabs on! Here’s where silver bulls might be hanging out: Silver (XAG/USD) 4-hour Chart by TV With most major central banks downplaying the possibility of interest rate hikes anytime soon, it looks like traders are getting hungry for more risk again! If that’s the case, higher-yielding assets like precious metals might be poised to extend their gains. How high can silver go from here? Remember that directional biases and volatility conditions in market price are typically driven by fundamentals. If…

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© Reuters. FILE PHOTO: North Korea’s leader Kim Jong Un speaks at the 5th National Meeting of Mothers in Pyongyang in this picture released by the Korean Central News Agency on December 5, 2023. KCNA via REUTERS/File Photo By Soo-hyang Choi SEOUL (Reuters) -North Korean leader Kim Jong Un said Pyongyang would not hesitate to launch a nuclear attack if an enemy provokes it with nuclear weapons, state media reported on Thursday. Kim made the remark as he met with soldiers working for the military’s missile bureau and congratulated them over Pyongyang’s recent launching drill of an intercontinental ballistic missile…

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In the fast-paced world of Forex trading, having the right tools at your disposal is crucial. One such tool that can greatly enhance your trading experience is the Currency Meter MT4 Indicator. In this article, we will delve into the intricacies of this powerful indicator, exploring its features, benefits, and how to effectively use it to your advantage. So, let’s dive in! Understanding the Currency Meter MT4 Indicator What Is the Currency Meter MT4 Indicator? The Currency Meter MT4 Indicator is a technical analysis tool designed for MetaTrader 4, one of the most popular trading platforms in the world. This…

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High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…

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Share: The USD/JPY is hovering around the 143.80 level with marginal gains recorded. The dovish stance from Bank of Japan and it lack of guidance weakens JPY in markets. PCE data on Friday from the US will likely set the pace for the upcoming sessions The USD/JPY pair edged higher in Wednesday’s session, trading around the 143.80 level, as the markets remained directionless due to the absence of Bank of Japan’s pivot clues. To the downside, the Federal Reserve’s dovish clarity may fuel some downside in case the Personal Consumption Expenditures (PCE) November figures come lower than expected on…

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Volatility seems to be slowing down the closer we get to the end of 2023, but there may be one more potential opportunity to catch some moves this week, especially in the U.S. dollar. Will the upcoming U.S. Core PCE Price Index get markets moving, and finally bring in enough bulls to break a bullish chart setup on Gold? This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link

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© Reuters. A boy waits in line at a health insurance enrollment event in Cudahy, California March 27, 2014. REUTERS/Lucy Nicholson/File Photo (Reuters) – More than 15.3 million Americans have signed up for health insurance under the Affordable Care Act (ACA) for 2024, a 33% increase from this time last year, according to data released by the Centers for Medicare & Medicaid Services on Wednesday. The Biden-Harris Administration said preliminary data also projects that over 19 million people will enroll in 2024 through the ACA marketplace. People who want to choose a healthcare plan for 2024 under the ACA, also…

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