Author: FX
© Reuters. Cars travel down a road between blocks of 45-year-old residential flats (L) and the latest luxury homes (R) near the construction site for a high-speed railway, in West Kowloon, Hong Kong, China July 2, 2015. REUTERS/Bobby Yip/Files BEIJING (Reuters) – China’s new home prices fell for the fifth straight month in December as COVID-19 outbreaks hurt demand, but the dismantling of strict pandemic curbs and hope for more support measures have brightened the outlook. New home prices in December declined 0.2% month-on-month, the same pace as in November, according to Reuters calculations based on National Bureau of Statistics…
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…
The US unadjusted CPI in December remained sluggish for a sixth consecutive month at 6.5%, the lowest since October last year. Compared with the previous month, the seasonally adjusted CPI recorded –0.1%, which was lower than market expectations of 0% and the previous value 0.1%. This is the first time that the data has fallen into a negative value in three years. In addition, the core CPI (excluding food and energy prices) annual rate in December recorded the smallest increase since December last year, at 5.7%; its monthly rate recorded an increase of 0.3%, in line with market expectations, slightly…
USD/JPY bears depending on central bank sentiments. USD/JPY is pressured below trendline resistance and bears eye 126.55. Bulls are looking for a correction to give bears a discount to 129.50 USD/JPY is pressured due to a number of impactful macro themes, including the Bank of Japan’s recent pivot, the Federal Reserve’s decreasingly hawkish sentiment and the US economic disinflationary data. At the time of writing, USD/JPY is trading at 128.00 ahead of the Bank of Japan decision and after last week’s headlines (Wednesday). The US Consumer Price Index (last Thursday) helped to nail down the coffin for the pair also. USD/JPY dropped…
Introduction to the Lot Calculator Risk Management Tool Indicator Risk Management is one of the most basic elements traders should learn in order to avoid having their accounts wiped out within a few trades. Trade sizing is the most basic form of Risk Management. This indicator was developed to help traders pick the appropriate trade size based on their Risk Management protocol. What is the Lot Calculator Risk Management Tool Indicator? The Lot Calculator Risk Management Tool is a risk management indicator which allows users to easily calculate for the correct lot size to arrive at their desired risk on…
Foundation, the non-profit organization of the Solana Network, disclosed on Jan. 14 a security incident involving its email service provider Mailchimp. According to an email sent to users and seen by Cointelegraph, the Foundation was informed by Mailchimp on Jan. 12 that “an unauthorized actor accessed and exported certain user data from the Solana Foundation’s Mailchimp instance.”Continue Reading on Coin Telegraph Source link
US cash equity exchanges are closed for a Federal holiday today, 16 January 2023. Its Martin Luther King Jr. Day.The US bond market is also closed. The Securities Industry and Financial Markets Association (SIFMA) is an industry group for bond markets, it “recommends” a holiday in the bond market. Traders don’t need any more encouragement than that to take a long weekend. As for futures Futures Futures or a futures contract represents a legal agreement to buy or sell a security or asset at a predetermined price at a specified time in the future. Of note, the parties are not…
GBP/USD is expecting more upside above 1.2250 amid a cheerful market mood. BOE’s Mann doesn’t see any risk of over-tightening in its current interest rate hike cycle. The US PPI is expected to decline further amid lower gasoline prices and weak retail demand. The GBP/USD pair is struggling to extend gains above the immediate resistance of 1.2250 in the early Asian session. The Cable has sensed selling pressure while overstepping the aforementioned resistance a few times but is now expected to extend the rally upside amid a significant improvement in the risk appetite of the market participants. A four-day winning…
© Reuters. FILE PHOTO: U.S. President Joe Biden departs the White House to board the Marine One helicopter for travel to Delaware from the White House in Washington, U.S. January 13, 2023. REUTERS/Jonathan Ernst By Steve Holland ATLANTA, Ga. (Reuters) -President Joe Biden told Americans to look towards Martin Luther King Jr.’s life for lessons on repairing their divisions, extremism and injustice, as he become the first sitting U.S. president to speak at a Sunday service in the civil rights leader’s church in Atlanta. Marking Monday’s national holiday celebrating King, Biden delivered a sermon at Ebenezer Baptist Church at the…
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…