Author: FX
<p>PBOC CNY reference rate is due around 0115 GMT.</p> This article was written by Eamonn Sheridan at www.forexlive.com. Source link
Share: WTI grinds higher after crossing one-week-old resistance line. Unimpressive oscillators, 50-DMA challenges Oil bulls ahead of the key 100-DMA hurdle. Pullback remains elusive below $75.60 support confluence, $73.00-72.50 region appears a tough nut to crack for bears. WTI crude oil struggles to extend the previous day’s stellar run-up around the weekly top, making rounds to $77.70-60 during early Wednesday. In doing so, the black gold seesaws around the 50-DMA amid sluggish RSI (14) and MACD signals. It’s worth noting, however, that Tuesday’s upside break of a one-week-long descending trend line keeps WTI bulls hopeful. Hence, a clear…
Eagle Materials declares $0.25 dividend Source link
Dow Jones Industrial Average, Meme Stocks, VIX, Dollar, Fed Funds Rates and USDJPY Talking Points:The Market Perspective: EURUSD Bearish Below 108, Dow Range Between 34,200 and 33,200Fed Chairman Powell’s remarks were closely watched by the market, but market rate forecasts had already closed the gap to the central bank forecast before he spokeWith US rate expectations finding balance and the next 24 hours’ docket light, the greatest potential for a strong move is a surprise headlines or a more rudimentary ‘risk’ development Recommended by John Kicklighter Get Your Free Top Trading Opportunities Forecast The market’s alertness to rough seas in…
© Reuters. FILE PHOTO: A hooded man holds a laptop computer as cyber code is projected on him in this illustration picture taken on May 13, 2017. REUTERS/Kacper Pempel/Illustration/File Photo By James Pearson and Raphael Satter LONDON/WASHINGTON (Reuters) -A global ransomware outbreak has scrambled servers belonging to Florida’s Supreme Court and several universities in the United States and Central Europe, according to a Reuters analysis of ransom notes posted online to stricken servers. Those organizations are among more than 3,800 victims of a fast-spreading digital extortion campaign that locked up thousands of servers in Europe over the weekend, according to…
<p>This is related to the Chinese spy balloon that was shot down over the US on the weekend. </p><ul><li>China declined a US request for a phone call between the Pentagon chief and China's defence minister</li></ul> This article was written by Eamonn Sheridan at www.forexlive.com. Source link
EURUSD, Dollar, Interest Rate and FOMC Talking Points Talking Points:The Market Perspective: EURUSD Bearish Below 1.0700The technical structure behind EURUSD the past four months has put the power back into the bulls’ control, but the strong reversal just of the past four days may change our courseFed Chairman Powell caused more than his fair share of volatility this past session in Dollar pairs, but the FX market may have already been prompted to pull out of its dive before his remarks Recommended by John Kicklighter How to Trade EUR/USD While EURUSD’s course these past four months wasn’t exactly a one-way…
Amkor Technology, Inc. declares $0.075 dividend Source link
Share: NZD/USD could be headed for a deep bullish correction if they get above 0.6365. If the bulls hold the fort, we will be closing in the green for a second day putting the directional bias in favour of longs. NZD/USD is up on the day with the US dollar still under pressure despite a hawkish tone from the Federal Reserve pertaining to the recent Nonfarm Payrolls data. Federal Reserve’s chairman Jerome Powell said in comments day made at The Economic Club of Washington, D.C. Signature Event that he expects 2023 to be a year of significant declines in…
2/2 © Reuters. FILE PHOTO: An aerial view shows people watching near a landslide caused by a heavy rains, in Arequipa, Peru February 6, 2023. REUTERS/Oswaldo Charcas 2/2 (Reuters) – The death toll from a massive landslide that struck southern Peru rose to at least 15 on Tuesday, according to a government tally, after dozens of homes were swallowed up by dirt and mud following heavy rainfall last weekend. Another 20 people were injured after the landslide struck on Sunday near the riverside town of Secocha, about 125 miles (200 km) northwest of the city of Arequipia. Another two people…