Author: FX

© Reuters. CANADA – Public markets in Canada are experiencing a noticeable contraction, highlighted by a significant capital outflow and a reduction in the number of companies listed on the Toronto Stock Exchange (TSX). Bloomberg’s recent analysis revealed that $12.5 billion has been wiped off the TSX this year, with 19 companies either being privatized or declaring bankruptcy. Among the most notable exits are Summit Industrial Income REIT and Home Capital Group Inc. The pace at which new stocks are entering the market is also slowing down. This year, there has been only one initial public offering (IPO) on the…

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Failing to capitalize on strong forex moves is not necessarily a bad thing. However, missing out on too many opportunities can lead traders into committing classic newbie mistakes. So, what’s keeping traders like you and me from seeing a breakout or trend reversal as it happens? Here are three possible reasons: 1. You’re too focused on your own trade In times of heightened market volatility, an average trader tends to concentrate on how many pips he or she can make. Consistently profitable traders not only focus on their pips, but they also note the event’s impact on the markets in…

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In the fast-paced world of financial trading, having access to the right tools and indicators can make all the difference between success and failure. Traders and investors are constantly on the lookout for effective tools that can help them make informed decisions. One such tool that has gained significant attention in recent years is the DAT MACD MT4 Indicator. In this article, we will dive deep into the world of technical analysis and explore how this indicator can be a game-changer for traders. Understanding the DAT MACD MT4 Indicator To begin our journey into the DAT MACD MT4 Indicator, let’s…

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Prior -36Sales continue to fall in November but at least the outlook for UK retailers are more optimistic than it was before. The outlook index did at least improve to +4 from -14 in August. However, the headline reading still marks a seventh consecutive negative reading for retail sales. And that shows the squeeze is continuing for UK households even ahead of the Christmas shopping season. This article was written by Justin Low at www.forexlive.com. Source link

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Share: The Dollar is hovering near recent lows. Economists at ING analyze USD outlook. Don’t chase the Dollar bear trend While acknowledging that November and December are seasonally soft months for the dollar, our view is that this Dollar sell-off has come a little early. We are bearish on the Dollar through 2024 but expect the core driver to be a bullish steepening of the US Treasury curve – which has not happened yet. Indeed, US two-year Treasury yields remain firm near 5%. We thus urge caution in chasing this Dollar decline much further. Until we get some…

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In case you missed it, “risky” assets did not have a good start during the Asian and early European session trading. Possible reasons include China’s industrial profits slowing down in October and some traders staying in the sideline ahead of this week’s potentially market-moving catalysts. Both AUD and NZD took hits against their counterparts but AUD lost a bit more against NZD. Source link

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By Idrees Ali, Phil Stewart and Aziz El Yaakoubi WASHINGTON/RIYADH (Reuters) -A U.S. Navy warship responded to a distress call from a commercial tanker in the Gulf of Aden that had been seized by armed individuals and the vessel is now safe, U.S. officials said on Sunday. The tanker, which had been carrying a cargo of phosphoric acid, was identified as the Central Park by the vessel’s company. The officials did not identify the attackers. In a statement, the U.S. military said the USS Mason, with help from allied ships, demanded that the commercial ship be released by the attackers.…

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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: USD/JPY keeps the range-bound theme unchanged around 149.50 in early Monday. The less hawkish stance from the Federal Reserve (Fed) weighs on the Greenback. Japan’s National Consumer Price Index (CPI) for October rose by 3.3% YoY vs. 3.0% prior. The USD/JPY pair maintains the multi-session range-bound theme unchanged around the mid-149.00s during the early Asian session on Monday. In the absence of top-tier economic data released from the Japanese docket this week, the USD/JPY pair remains at the mercy of USD price dynamics. The pair currently trades near 149.53, gaining 0.04% for the day.The minutes of the…

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