Author: FX
Tony G CEO, CFO Akram to resign; appoints Gediminas Klepackas as CEO, Douglas Harris as CFO Source link
Let’s kick off a quick recap of the year for gold. Because it is the king reserve asset for many and tends to react to all kinds of themes and catalysts, gold is always one to watch for fresh short and long-term opportunities. So, it’s usually a good practice to review its behavior around events and news catalysts, identify patterns and correlations to gain insights and understanding of the yellow metal. And by comparing this review with our trading journal, there’s potential to improve our ability to recognize significant drivers and better anticipate future moves. Today, we’ll quickly recap the…
NZD/USD drifts lower to 0.5645 in Tuesday’s Asian session. The Chinese MoF said it was committed to fostering domestic demand growth. The expectation of the Fed rate cut path might underpin the USD. The NZD/USD pair remains on the defensive around 0.5645 during the Asian trading hours on Tuesday. The announcement of China’s fresh fiscal support measures fails to boost the Kiwi as the markets turn cautious ahead of the holiday-shortened trading week. China’s Ministry of Finance said on Tuesday that the authorities will step up fiscal spending in 2025 and plan to intensify efforts to mitigate risks in key sectors. Ministry…
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: FOREXLIVE™ is not an investment advisor, FOREXLIVE™ provides references and…
WASHINGTON (Reuters) – The U.S. military said on Monday it conducted an airstrike in Syria that killed two Islamic State operatives and wounded one. The Islamic State operatives were moving a truckload of weapons in Dayr az Zawr Province, an area formerly controlled by the Syrian government and Russians, when they were targeted with the airstrike, U.S. Central Command said in a statement on social media platform X. Source link
The TRIX and Breakout Trading Forex Strategy is an effective and dynamic approach that combines the power of the TRIX indicator with breakout strategies to identify high-probability trade opportunities in the forex market. The TRIX (Triple Exponential Average) is a momentum indicator that helps traders filter out market noise and focus on the underlying trend by smoothing price data. It provides valuable insights into market trends, momentum, and potential reversals, making it a popular tool for traders looking to capture substantial price movements. When paired with a breakout strategy, the TRIX indicator becomes even more powerful. Breakout trading revolves around…
UBS has reiterated its recommendation for investors to capitalize on further dollar strength by diversifying into other currencies. Despite recent gains in the US dollar, driven by shifting expectations for Federal Reserve and US government policy, the bank maintains that the dollar remains overvalued. While UBS does not anticipate a sharp decline in the greenback in the near term, it sees opportunities for investors to pivot toward more attractive currencies. Among its top picks are the British pound (GBP) and the Australian dollar (AUD), which are favored for their potential to perform well as global monetary conditions evolve. Source link
cagkansayinNeueHealth (NYSE:NEUE) stock rallied 45% post-market Monday after the healthcare company announced it has agreed to be taken private by New England Associates, or NEA, at an enterprise value of around $1.3B. Under the deal, NeueHealth (NYSE:NEUE) shareholders will Source link
Aussie mildly declined to 0.6250 on Monday trading on a tight range. Market eyes upcoming RBA minutes for policy clues. Any RBA dovish hint could push the pair even lower. The Australian Dollar trades in a tight range around 0.6250 as investors look ahead to Tuesday’s Reserve Bank of Australia (RBA) minutes. Markets remain focused on whether the central bank will confirm a dovish bias after its December hold. Meanwhile, soft economic data and global uncertainties keep the Aussie under modest selling pressure. Daily digest market movers: Aussie steady with RBA minutes in focus The AUD/USD pair remains range-bound on…
D-Wave Quantum files for $125M mixed securities shelf Source link