Author: FX

© Reuters. Women eat fried chicken at a Han river park in Seoul, South Korea, April 26, 2022. Picture taken April 26, 2022. REUTERS/Kim Hong-Ji/File Photo SEOUL (Reuters) – South Korean inflation is likely to ease in November to about 3.6% as prices of agricultural products have started to fall, the finance minister said on Sunday. South Korea’s consumer price index stood 3.8% higher in October from a year ago, the fastest inflation rate since March 2023 and above the 3.6% forecast by a Reuters poll. “Oil prices have been falling a little bit recently. If this is the trend,…

David McNew/Getty Images News Exxon Mobil (NYSE:XOM) was the most-shorted large-cap stock in the S&P 500 in October, replacing Tesla (TSLA), which had been most shorted for four straight months, Business Insider reported this week, citing research from HazelTree. Following Exxon (XOM) and Tesla (TSLA) among large-cap stocks were Apple (AAPL), Charter Communications (CHTR), Broadcom (AVGO), Rivian Automotive (RIVN), US Bancorp (USB), SNAP (SNAP), Ford (F), and Airbnb (ABNB). The three most-shorted names in the mid-cap sector, according to the BI report, included SOFI Technologies (SOFI), American Airlines (AAL), and Lucid (LCID). The report also listed the top stocks ranked…

In the fast-paced world of Forex trading, staying ahead of the curve is essential for success. Traders are constantly seeking tools and indicators that can provide them with an edge. One such tool that has been gaining popularity in recent times is the Better Volume New Alerts MT4 Indicator. In this article, we will explore what this indicator is, how it works, and why it has become a game-changer for Forex traders. Understanding the Basics What is the Better Volume New Alerts MT4 Indicator? The Better Volume New Alerts MT4 Indicator is a technical analysis tool specifically designed for MetaTrader…

(Reuters) – Canadian emissions monitoring company GHGSat on Saturday launched a satellite aimed at detecting carbon dioxide emissions from individual facilities like coal plants and steel mills from space for the first time. The satellite, named Vanguard, launched from Vandenberg Space Force Base in California, GHGSat said. Space-age technology is increasingly being used to hold polluting industries accountable for their contributions to climate change. GHGSat’s data is available for sale to industrial emitters who want to reduce their emissions, as well as to governments and scientists. Vanguard will build on the growing network of satellites that are already spotting plumes…

EJ_Rodriquez Against a backdrop of elevated U.S. interest rates, the country’s banking system is vulnerable in the sense that some institutions might suffer from funding pressure and weaker capital levels, the Federal Reserve Bank of New York wrote in a recent Liberty Street Economics blog post. More than a year ago, the Federal Reserve started ratcheting up interest rates to what is now the highest level in 22 years. That, in turn, led to increases in unrealized losses on banks’ securities portfolios, which “can induce funding dry-ups and substantially weakened effective capital levels,” NY Fed staff wrote. A high-profile example:…

brightstars The S&P 500 Materials sector was down -1.83% and the Materials Select Sector SPDR ETF (NYSEARCA:XLB) -1.81% this week as markets continued to react to the third quarter earnings season and hawkish remarks from Federal Reserve Chair Jerome Powell. Gold futures had their first weekly loss in five weeks, weighed by negative sentiment after the central bank chief’s hawkish remarks at a conference hosted by the International Monetary Fund on Thursday. The precious metal was also weighed by a drop in safe-haven sentiment as fears of the Israel-Hamas conflict spilling to other regions eased. Front-month Comex gold (XAUUSD:CUR) ended…

© Reuters. FILE PHOTO: Former U.S. President Donald Trump leaves the courtroom after attending the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, U.S., November 6, 2023. REUTERS/Shannon Stapleton WASHINGTON (Reuters) – Former U.S. President Donald Trump has filed a legal motion backing media requests for live television coverage of his federal trial on charges he conspired to overturn the results of the 2020 presidential election. In the late Friday filing, Trump argued that prosecutors want the trial held “in darkness” as part of what he claims is a…

In the world of forex trading, deciphering the intricate language of financial markets is paramount. Traders often rely on a plethora of tools and indicators to navigate this complex terrain successfully. Among these tools, the Price Patterns MT4 Indicator stands out as a valuable ally. In this article, we’ll delve into the depths of this indicator, unraveling its significance and providing insights on how it can elevate your trading game. Understanding Price Patterns Before we dive into the specifics of the Price Patterns MT4 Indicator, let’s grasp the fundamental concept of price patterns. Price patterns are recurring formations on a…

Artificial intelligence startup Humane released a physical device on Nov. 10 that serves as a wearable AI virtual assistant. The AI Pin is a lapel pin-style device that the user wears and taps to speak with a virtual AI-powered assistant. It is equipped with technology from OpenAI, creator of the well-known chatbot ChatGPT, and has cloud computing capabilities via Microsoft (NASDAQ:). Continue Reading on Cointelegraph Source link

EUR/USD ANALYSISFed > ECB last week contributing to euro weakness.Euro & US CPI the main attraction this upcoming week.EUR/USD bears hopeful for downside breakout.Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be on every trader’s radar. Recommended by Warren Venketas Get Your Free EUR Forecast EURO FUNDAMENTAL BACKDROPThe euro has been largely impacted by central bank speakers last week with the Federal Reserve winning the hawkish battle. Fed Chair Jerome Powell pushed back against dovish talk and left the door open…