Author: FX
Signal Gold amends $7M private placement Source link
4/4 © Reuters. FILE PHOTO: Spain’s Prime Minister Pedro Sanchez appears after he casts his vote at a polling station during Regional elections, in Madrid, Spain, May 28, 2023. REUTERS/Juan Medina 2/4 By Belén Carreño and Inti Landauro MADRID (Reuters) -Spain’s Socialist Prime Minister Pedro Sanchez called a snap national election on Monday and his main conservative rival urged voters to make him the country’s next leader, after left-wing parties suffered a heavy defeat in a regional ballot. Sanchez, who had often said he wanted to see out a full term in office, portrayed Sunday’s rout as a clear vote…
TURKEY RUNOFF ELECTION RESULTS, USD/TRY: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter READ MORE: EUR/USD, GBP/USD Eyeing Recovery on Low Liquidity Monday Following US Debt DealTurkey has seen the re-election of Recep Tayyip Erdogan in a runoff election on Sunday. The result will see Erdogan’s rule stretch into a third decade with the President stating that “it is time to put aside debates and conflicts and focus on our national goals and dreams.”Results from Turkeys Supreme Election Council on Sunday showed Erdogan winning 52.14% of…
If you’ve had the chance to review your past trades in your trading journal, you can probably pinpoint a few bad habits that hinder you from winning some of your trades. And if you haven’t even started recording your trades in a journal, shame on you! Haven’t you read the section on the importance of trade journals in our awesome School of Pipsology!? If your trade journal is chock-full of bad trading habits, don’t fret just yet. What looks and feels like a gazillion bad habits may just be one major problem that’s manifested in several different ways. Before you…
Share: Why will inflation fall so much faster in the United States than in the Eurozone? Analysts at Natixis explain the reasons for this asymmetry between the inflation dynamics in the US and the Eurozone. Four reasons for the different inflation dynamics in the US and the Eurozone “We can expect inflation excluding energy and food to fall below 3% in the United States by the end of 2023, while it will probably still be higher than 5% in the Eurozone.” “We see four reasons to expect inflation excluding energy and food to be significantly higher in the…
EUR/USD, GBP/USD PRICE, CHARTS AND ANALYSIS: Trade Smarter – Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter READ MORE: Crude Oil Looks to OPEC+ Meeting for Cues; Is Natural Gas Resuming its Downtrend?What is supposed to be a low liquidity Monday given the bank holiday in the UK and the US has been overshadowed by a tentative deal on the US debt ceiling. We have already seen some moves in the Asian session as risk assets eye a recovery following 2 weeks of growing uncertainty. We can see the…
Cadence expands collaboration with Arm with the success of mobile device silicon Source link
CRUDE OIL, WTI, NATURAL GAS, NG – Outlook:Crude oil is holding above tough support, keeping alive the capitulation view.Natural gas has fallen sharply, but the downside could be cushioned.What are the key levels to watch? Recommended by Manish Jaradi Understanding the Core Fundamentals of Oil Trading Crude Oil: Boxed in a rangeCrude oil recouped some of last week’s losses as investors cheered a weekend deal in Washington to raise the government’s debt ceiling, potentially averting a disruptive government default.Oil has managed to hold recover despite Russia’s Deputy Prime Minister Alexander Novak’s comments late last week that OPEC+ wasn’t likely to…
With both Eurozone CPI and U.S. NFP reports scheduled for release, you can bet that I’m looking at EUR/USD this week! The pair is trading just above the 1.0700 psychological handle, which isn’t surprising since we just saw a doji and the inflection point lines up with a trend line support that EUR bears have been respecting since December last year. In this case, the trend line (or ascending channel) support is also around the 61.8% Fibonacci retracement of March’s upswing. The cherry on top of this sweet bullish play is a bullish divergence on the daily time frame. EUR/USD…
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…