Author: FX
China imported far more Crude than needed in November, adding to strategic reserves and helping prevent a sharper drop in global Oil prices, though the sustainability of this trend remains uncertain, Commerzbank’s FX analyst Michael Pfister notes. China absorbs global Oil oversupply”China once again imported significantly more Crude Oil in November than it needed for its own requirements. Comparing the data on Crude Oil processing with that on Crude Oil imports and domestic Crude Oil production, the resulting surplus amounts to 1.9 million barrels per day. This Crude Oil is likely to have been used to build up strategic reserves…
Pony AI lands a bull rating from Macquarie on robotaxi potential Source link
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: investingLive is not an investment advisor, investingLive provides references and…
The CVD MT4 Indicator works by calculating the difference between buying volume and selling volume over time. Every time a trade happens at the ask price, it’s counted as buying volume. When a trade happens at the bid price, it’s selling volume. The indicator adds up these differences continuously, creating a running total that shows whether buyers or sellers have been more aggressive. When the CVD line goes up, buyers are in control. When it drops, sellers are taking over. This simple visual makes it way easier for traders to understand what’s really happening beneath the surface of price action.…
The Fine Fractals MT4 Indicator offers a solution by clearly highlighting fractal points on your charts, giving traders a simple visual tool to detect potential reversals and trend continuations. With this indicator, identifying key price levels becomes easier, helping traders make more confident and informed decisions. Understanding the Fine Fractals MT4 Indicator The Fine Fractals MT4 Indicator is a technical tool designed to detect local highs and lows in price movement, known as fractals. These fractals are critical because they show areas where the market has previously reversed, giving traders insight into potential future price action. By marking these points…
The AUD/USD pair prolongs last week’s retracement slide from a nearly three-month peak, around the 0.6685 region, and drifts lower for the fourth straight day on Tuesday. Spot prices, however, recover a few pips from a one-week low, touched during the Asian session, and currently trade around the 0.6630-0.6635 region, down less than 0.10% for the day.Against the backdrop of mixed Australian employment details released last Thursday, Monday’s disappointing Chinese macro data revived concerns about the health of the world’s second-largest economy. This, along with a weaker risk tone, undermines the Australian Dollar (AUD). The US Dollar (USD), on the…
bunhill/E+ via Getty ImagesAsia stock markets lower on Tuesday, tracking another AI-led selloff on Wall Street, while investors also positioned ahead of a key US jobs report that could shape expectations for Federal Reserve monetary policy. Additionally, markets are positioning for a series of Source link
Cable looks ready to extend a short-term uptrend! Think GBP/USD will see new December highs in the next trading sessions? Here’s what we’re seeing on the 4-hour time frame: GBP/USD 4-hour Forex Chart by TradingView Friday’s soft U.K. GDP print pushed traders to lean more heavily toward a dovish Bank of England (BOE) rate cut later this week. The U.S. dollar was not exactly flexing either, as markets continued to price in more rate cuts in 2026 than the Fed’s dot plot suggests. Still, with top-tier market events ahead, caution crept back in and kept safe-haven demand for the dollar…
Bondi gunmen were inspired by Islamic State, had travelled to the Philippines, Australia police say Source link
Canada’s November inflation report delivered a steady headline print while offering the Bank of Canada (BOC) its first clear signal in months that underlying price pressures are finally cooling. Statistics Canada reported headline CPI unchanged at 2.2% y/y in November, matching October’s rate but coming in slightly below the 2.3% consensus forecast. Monthly CPI rose 0.1%, meeting expectations and down from October’s 0.2% increase. The key development came from the BOC’s preferred core measures, which had stubbornly hovered around 3% since April, when U.S. tariffs began affecting Canadian prices. Both CPI-median and CPI-trim fell to 2.8% from 3.0% in October,…