Author: FX
Movado (MOV) is scheduled to announce Q3 earnings results on Tuesday, November 25th, before market open. The consensus EPS Estimate is $0.57 (+54.1% Y/Y) and the consensus Revenue Estimate is $185.89M (+1.7% Y/Y). Over the last 2 years, MOV has beaten EPS estimates 100% of the time and has beaten revenue estimates 38% of the time. Source link
Venezuela rejects 'ridiculous' US plan to designate Cartel de los Soles as terrorist organization Source link
The USD is mixed with the greenback moving lower vs the EUR and the GBP (both are higher) but still higher vs the JPY. The USD is moving lower to kickstart the North American session as Fed’s Waller (dove) says he favors a cut in rates at the December meeting. Recall Waller was an initial dissenter along with Bowman and Miran early on. In the video above, I take a look at the 3 major currency pairs from a technical perspective. What are the key levels in play and why?President Trump “Truth Social-ed” this morning arguing that U.S. tariffs are…
Fed Chair Jay Powell had already indicated in the last meeting: The Federal Open Market Committee (FOMC) is currently deeply divided in terms of the timing of further rate cuts. This has become more than clear through the recent statements of various members. A significant number of central bankers have positioned themselves clearly regarding a rate cut in December, Commerzbank’s Head of FX and Commodity Research Thu Lan Nguyen notes. DXY resistance at 100.25–100.35 may hold”For one, there is New York Fed President John Williams, who has openly expressed his support for a rate cut in December. Williams is not…
From heavyweights to underdogs: Meet the main players in the Missouri sports betting race Source link
Fundamental OverviewGold continues to consolidate near key levels as the uncertainty around the December rate cut remains high. Fundamentally, nothing has changed as the only US official data we will get before the FOMC meeting is from September, which is old news by now. Nonetheless, we have the US jobless claims as the timeliest indicator of the labour market conditions, and it’s been pointing to the same gradual cooling we’ve been seeing throughout the year with low hiring and low firing. One important development we got recently is Fed’s Williams delivering dovish comments on Friday where he suggested that he…
The Minute Overlay for Sub Window MT4 Indicator is designed to provide a clear view of price movements across different minute intervals. Unlike standard indicators that are limited to a single timeframe, this tool overlays minute-level data in a separate sub-window. Traders can quickly identify short-term trends, reversals, and market momentum without constantly switching charts. Keeping the main chart clean reduces clutter and allows for faster, more accurate analysis. This makes it ideal for day traders or scalpers who rely on precise timing for their trades. Key Features and Benefits One of the main benefits of this indicator is its…
The EUR/GBP cross trades with mild gains near 0.8790 during the early European trading hours on Monday. A softer-than-expected UK Retail Sales report for October weighs on the Pound Sterling (GBP) against the Euro (EUR). Germany’s November IFO Business Survey data will be published later on Monday. Data from the Office for National Statistics showed on Friday that the UK Retail Sales declined for the first time in five months in October, falling 1.1% month-over-month in October, compared to a rise of 0.7% in September (revised from 0.5%). This figure came in weaker than the expectation of 0% in the reported…
Tippapatt Qube Holdings (OTCPK:QUBHF) (OTCPK:QBBHY) announced that it has received a conditional, non-binding, and indicative proposal from Macquarie Asset Management (MAM), a unit of the ASX-listed Macquarie Group (OTCPK:MQBKY) (OTCPK:MCQEF), to acquire all outstanding shares Source link
Singapore core inflation at 1.2% y/y in October, higher than expected Source link