Author: FX

MetaTrader 4 (MT4) is a popular trading platform for forex and CFD traders. It offers a range of advanced charting and analysis tools, as well as the ability to automate trades through the use of Expert Advisors (EAs). If you’re a Mac user and want to use MT4, here’s a step-by-step guide on how to install it: Go to the MetaTrader 4 download page on the MetaQuotes website (https://www.metatrader4.com/en/download). Click on the “Download” button under the “Mac OS” section. A pop-up window will appear asking if you want to open the file or save it to…

There isn’t anything to take note of for today. With last week being arguably the final full-fledged trading week, the expiries board this week looks rather light for the most part. If anything else, that is indicative of the sort of market interest – or should I say lack thereof – with thinner liquidity conditions likely to prevail as we get closer to Christmas.For more information on how to use this data, you may refer to this post here.ADVERTISEMENT – CONTINUE READING BELOW Source link

EUR/USD remains sidelined after an upbeat start to the likely quiet week. Softer US data, hawkish ECB outshine Fed talks amid light calendar, year-end sluggish sentiment. Firmer yields, recession woes challenge pair buyers, sellers await US PCE Price Index. EUR/USD seesaws near 1.0600 as it snaps two-day downtrend amid early Monday in Europe. The major currency pair’s latest inaction could be linked to the cautious sentiment ahead of this week’s US data, as well as mixed concerns surrounding European growth. However, hawkish comments from the European Central Bank (ECB) policymakers and the central bank’s readiness for higher rates keep buyers…

© Reuters. FILE PHOTO: A view of the city skyline in Shanghai, China February 24, 2022. Picture taken February 24, 2022. REUTERS/Aly Song BEIJING (Reuters) -China’s business confidence fell to its lowest since January 2013, a survey by World Economics showed on Monday, reflecting the impact of surging COVID-19 cases on economic activity with the abrupt lifting of many pandemic control measures. The index fell to 48.1 in December from 51.8 in November, showed the World Economics’ survey of sales managers at over 2,300 companies conducted Dec. 1-16. The index was the lowest since the survey began in 2013. The…

Scott Olson Updated to add Twitter’s decision to ban the promotion of rival social media sites. Billionaire Elon Musk started a poll on Twitter (TWTR) on Sunday, asking its users if he should step down as the social media giant’s chief executive. “Should I step down as the head of Twitter?” Musk asked hundreds of millions of Twitter users, noting, “I will abide by the results of this poll.” With 10 hours left for polls to close, more than 5.8M had responded, with 58% saying “Yes.” It is unclear whether Musk has succession planning in mind for Twitter if users…

China’s Central Economic Work Conference is an annual meeting. Chinese leaders gather to review and set economic policy for the coming year. More details of what was agreed to will emerge in March 2023.For now state media reports on general goals to: strengthen overall coordination of epidemic policiesensuring smooth “transition” during the current epidemic and social orderFor the economy – “We must insist on stability first next year while we strive for progress,” Back in November China announced:20 measures to optimise its COVID policya 16 point plan to support the property marketThe statement from State Media had nothing like this…

USD/CHF remains pressured near intraday low, prints the first daily loss in three. Multiple supports stand tall to challenge sellers even as looming bear cross on MACD signal further downside. 200-HMA, two-week-old descending trend line guard immediate upside. USD/CHF holds lower ground near the intraday bottom as bears struggle to retake control, after a two-day leave, during early Monday. That said, the Swiss Franc (CHF) pair prints mild losses near 0.9320 by the press time. The quote’s latest weakness could be linked to the U-turn from a fortnight-long descending resistance line, as well as the 200-HMA. Also keeping the USD/CHF…

© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22, 2020. REUTERS/Kim Kyung-Hoon/File Photo By Leika Kihara TOKYO (Reuters) – The Bank of Japan (BOJ) must make its monetary policy framework more flexible and stand ready to raise its long-term interest rate target next year if the economy can withstand overseas risks, former deputy governor Hirohide Yamaguchi told Reuters. Yamaguchi, who is considered a candidate to become next BOJ governor, said Japan is already seeing signs of “home-made” inflation, in which…

<p>more to come</p><p> Ex-BOJ Deputy Governor Yamaguchi:</p><ul><li>BOJ boj must stand ready to tweak YCC next year if Japan's economy can withstand overseas economic risks</li></ul><ul><li> If BOJ were to tweak YCC, one idea would be to raise 10-year JGB <a href="https://www.forexlive.com/terms/y/yield/" target="_blank" id="bc27d1fa-0b41-4192-ac3a-48794fd4ff1e_1" class="terms__main-term">yield</a> target from current 0%</li><li>BOJ must be mindful that once <a href="https://www.forexlive.com/terms/i/inflation/" target="_blank" id="ad51a5a2-1afc-4f42-9e62-ea6faf6f90fa_1" class="terms__secondary-term">inflation</a> expectations become entrenched, it is very hard to control them</li><li>BOJ must enhance flexibility of its monetary policy such as by removing commitment to keep increasing pace of money printing until inflation stably exceeds 2%</li><li>Don't see any merit to changing BOJ’s joint statement with…

#Nike, Daily NIKE, Daily Sportswear retailer #Nike is expected to report earnings on Tuesday, (20/12) after the market closes. The report is for the fiscal quarter ending November 2022. In its last report on September 29, the company reported EPS of $0.93, beating analyst consensus estimates of $0.91. NIKE has a net margin of 11.96% and a return on equity of 37.08%. The company had revenue of $12.70 billion for the quarter, compared with a consensus estimate of $12.28 billion. During the same quarter the previous year, the company earned $1.16 per share. The company’s revenue for the quarter was…