Author: FX
marekuliasz/iStock Editorial via Getty ImagesGoPro (GPRO) shares jumped about 85% shortly after Tuesday’s market open, extending a dramatic rally that had already lifted the stock roughly 100% over the previous two sessions before the company announced its merger with Starman Optical. Shares closed 46.1% higher Source link
Bitcoin at crossroads after hawkish Warsh: traders waiting for 77K-80K range break !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Societe Generale notes that the Polish Zloty strengthened while domestic bonds sold off as August inflation and second-quarter Gross Domestic Product (GDP) exceeded expectations and the government presented its 2027 budget. The draft foresees a 7.1% of GDP deficit and a tax overhaul shifting burden toward corporates, raising concerns about ratings risks and borrowing costs despite recent supportive macro data for EUR/PLN and POLGB yields.Zloty firms as fiscal deficit looms”In Poland, the zloty strengthened and domestic bonds sold off yesterday after inflation and GDP both exceeded expectations and the government unveiled details of its 2027 budget.””Headline inflation accelerated to a…
European markets slip as energy prices fuel inflation fears, yields rise Source link
The MT4 Leverage Indicator is a trading utility designed to help traders monitor leverage-related information while working inside MetaTrader 4. Depending on the version, it may display account leverage, required margin, free margin, margin level, or the approximate exposure created by a selected position size.This distinction matters. Broker leverage and trade risk are not the same thing.Suppose a trader has a $5,000 account with 1:100 leverage. The broker may allow a much larger position than the trader should actually trade. A 1:100 ratio doesn’t mean the trader needs to risk 1% of the account on every trade. Position size should…
EUR/CAD has been sliding, but will bulls find enough reason to bounce? Or will bears break through and drag the pair to fresh lows? Source link
The BOC is expected to hold rates at 2.25%, but with oil above $86, Governor Macklem’s press conference may matter as much as the initial statement. Source link
The “debasement trade” unwinding after Warsh’s Jackson Hole testimony puts USD/JPY at the center of this week’s action, with price parked right at key levels that could decide the next move. Source link
investingLive Asia-Pacific market news: Oil steady near highs, gold flat !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz Source link
Short‑term Elliott Wave analysis in Amazon (AMZN) indicates that the cycle from the April 7, 2025 low concluded with wave ((1)) at $287.22, forming a diagonal structure. The stock has since entered a larger‑degree wave ((2)) pullback designed to correct that completed cycle. The internal subdivision of wave ((2)) has developed as a zigzag, creating a clear corrective pattern. From the wave ((1)) peak, wave 1 finished at $274.63, followed by a measured recovery in wave 2 that ended at $282.79. The decline then extended in wave 3, which reached $258.34, and a modest rebound in wave 4 ended at…