Author: FX
abrdn Income Credit Strategies Fund 5.250% Series A Perpetual Preferred Stockp declares $0.3281 dividend Source link
The US dollar has been a strong performer this year and it’s tough to bet against it going forward given the setup for US economic outperformance. That said, it’s clearly a crowded trade and Morgan Stanley’s David Adams thinks it’s too crowded.“Based on our conversations, it seems that consensus has firmly shifted towards a higher DXY for the foreseeable future,” Morgan Stanley analysts wrote.They argue that much of the good news is already in the dollar and that market participants could be “overestimating the speed, breadth and magnitude”of Trump actions on trade.While trade policy announcements could come relatively quickly, their…
With the ECB monetary policy statement ahead on Thursday, here’s a quick discussion on potential adjustment strategies and what we are doing with our EUR/GBP short position. This Article Is For Premium Members Only Become a Premium member for full website access, plus get: Ad-free experience Daily actionable short-term strategies High-impact economic event trading guides Access to exclusive MarketMilk™ sections Plus More! Source link
The Reserve Bank of Australia (RBA) maintained its cash rate at 4.35% at today’s meeting (as discussed in our Event Guide) while adopting a notably more dovish stance, removing previous guidance that “it is not ruling anything in or out” and signaling growing confidence in inflation’s return to target. Link to December Reserve Bank of Australia Monetary Policy Statement In its statement, the RBA showed increased optimism about inflation’s trajectory while acknowledging economic challenges ahead. The Board noted that while inflation remains above the 2-3% target range, recent data suggests price pressures are easing more consistently than in previous months.…
camacho9999/iStock Unreleased via Getty Images Boeing (NYSE:BA) in November delivered 13 commercial jets as the aviation giant worked to resume production following a seven-week strike by machinists. A year earlier, the company delivered 56 planes to customers including airlines. Boeing (BA) has sought to increase Source link
EUR/USD declines by 0.33% on Tuesday, settling at 1.0525 after falling below the 20-day SMA. RSI drops sharply to 40, remaining in the negative area, signaling weakening momentum. MACD histogram prints decreasing green bars, highlighting fading bullish traction. The EUR/USD pair extended its losses on Tuesday, retreating to 1.0525 and slipping slightly below the 20-day Simple Moving Average (SMA). This development undermines the pair’s short-term constructive outlook, raising concerns about further downside risks if the 20-day SMA is definitively breached. Technical indicators point to a deteriorating momentum. The Relative Strength Index (RSI) has declined sharply to 40, signaling increased selling…
Strategy: 3/12 Tunnel The 3/12 Tunnel is a trend-following strategy. This straight forward approach utilizes 3 moving averages has undergone extensive backtesting by our team, demonstrating a winning ratio between 70% and 80%. Recommended Timeframe This strategy is adaptable to various timeframes, including H1, H4, and Daily. Although it can be applied to timeframes lower than H1, optimal results are typically achieved within the H1, H4, and Daily timeframes. Trade Details Currently, the 3/12 Tunnel strategy has identified a trading opportunity on the EUR/CHF pair within the H4 timeframe. I’ve shared a trade setup image for…
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…
AUD/USD falls sharply below 0.6400 as the RBA delivers a less-hawkish interest rate guidance. RBA Bullock was confident about easing upside risks to price pressures. Investors await the US inflation and the Australian employment data for November. The AUD/USD pair plunges below the key support of 0.6400 in Tuesday’s European session. The Aussie pair weakens as Reserve Bank of Australia (RBA) Governor Michele Bullock delivered a less-hawkish interest rate guidance after leaving its key Official Cash Rate (OCR) unchanged at 4.35% for the ninth meeting in a row. Michele Bullock remained slightly confident about inflation returning to the bank’s target…
Risto0/iStock Editorial via Getty Images Nokia (NYSE:NOK) and French telecom giant Iliad Group have decided to expand their collaboration that began in 2010 via a new multi-year contract extension to support the operator’s 3G, 4G, and 5G mobile network services across France and Italy. The deal not only encompasses their operations in Source link