Author: FX
filo/E+ via Getty Images Hennessy Capital Investment Corp. VII (HVII) priced its initial public offering of 17.5M units at a price of $10.00 per unit. The units will be listed on Nasdaq under the ticker symbol “HVIIU” beginning January 17, 2025. Each unit consists of Source link
Earlier this week, we spotted a bullish setup on spot gold (XAU/USD) that played out in favor of the bulls after all. But that was a few days ago. Today, gold is knocking on a key long-term resistance zone. Will XAU/USD bears show up to drag the precious metal lower? Gold (XAU/USD) 4-hour Chart by TradingView In case you missed our recent Daily Market Recaps, cooler U.S. inflation expectations have sparked hopes for multiple Fed rate cuts this year. That’s been a drag on U.S. 10-year Treasury yields and the dollar while giving gold a solid boost as traders look…
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…
Gold prices remained broadly unchanged in Malaysia on Friday, according to data compiled by FXStreet. The price for Gold stood at 392.96 Malaysian Ringgits (MYR) per gram, broadly stable compared with the MYR 393.06 it cost on Thursday. The price for Gold was broadly steady at MYR 4,583.42 per tola from MYR 4,584.57 per tola a day earlier. Unit measure Gold Price in MYR 1 Gram 392.96 10 Grams 3,929.61 Tola 4,583.42 Troy Ounce 12,222.47 FXStreet calculates Gold prices in Malaysia by adapting international prices (USD/MYR) to the local currency and measurement units. Prices are updated daily based on the…
The major assets were all over the place on Thursday, as some assets took a breather from their previous moves while others priced in fresh mid-tier catalysts. Can you guess which headlines moved the markets in the last trading sessions? We have the deets! Headlines: Australian dollar eased despite strong December jobs beat Germany final CPI Final in December: 0.5% m/m (0.4% forecast; -0.2% previous) The U.K. printed a bunch of mid-tier data: U.K. Goods Trade Balance: £-19.3B in November (-£17.0B forecast; -£19B previous) U.K. GDP MoM: 0.1% in November (0.1% forecast; -0.1% previous) U.K. Industrial Production MoM: -0.4% in…
By Joey Roulette WASHINGTON (Reuters) -A SpaceX Starship rocket broke up in space minutes after launching from Texas on Thursday, forcing airline flights over the Gulf of Mexico to alter course to avoid falling debris and setting back Elon Musk’s flagship rocket program. SpaceX mission control lost contact with the newly upgraded Starship, carrying its first test payload of mock satellites but no crew, eight minutes after liftoff from its South Texas rocket facilities at 5:38 p.m. EST (2238 GMT). Video shot by Reuters showed orange balls of light streaking across the sky over the Haitian capital of Port-au-Prince, leaving…
Struggling to make smart choices in forex trading? Forex indicators are tools that help traders spot trends and signals. This guide will explain how these indicators work and how you can use them to improve your trades. Keep reading to boost your trading skills! Key Takeaways Best Forex indicators use past data to predict trends and price changes. Common tools include RSI, MACD, Bollinger Bands, and Moving Averages. Combining 2-3 indicators MA with RSI or Fibonacci Retracement helps confirm signals and reduce mistakes. Too many tools can confuse traders. Indicators, like ATR help manage risks by showing market volatility. Adjust…
Jan. 16, 2025 6:55 PM ETUnited States Natural Gas Fund, LP ETF (UNG), NG1:COMUCO, USO, DBO, FCG, USL, SCO, UNL, BNO, BOIL, KOLD, GUSH, DRIP, USOI, CO1:COM, CL1:COMBy: Carl Surran, SA News EditorSlavkoSereda/iStock via Getty ImagesCrude oil futures pulled back Thursday from five-month highs reached in the previous session on supply concerns around stepped-up U.S. sanctions on Russia, declining U.S. stockpiles and winter weather-driven demand for heating fuels. U.S. natural gas prices rallied for the thrid Source link
Bloomberg (gated)with the info.In brief:US Treasury Secretary Janet Yellen’s computer was infiltrated by Chinese state-sponsored hackers, who accessed unclassified files.fewer than 50 files accessedthe hackers also breached the computers of two of Yellen’s top aides I(Deputy Secretary Wally Adeyemo and Acting Under Secretary Brad Smith), and accessed employee usernames and passwords, as well as over 3,000 files on unclassified personal devicesThe attack was attributed to a Chinese state-sponsored actor, and investigators found that the hackers prioritized document collection and operated outside of normal working hours to avoid detectionThis:the hackers … operated outside of normal working hours to avoid detectionAre you…
Pair slips to 0.6230 on Thursday by nearly 0.30%. Early gains fade after strong Australian employment data. Diminished tariff risks and risk-on mood cushion the downside. AUD/USD faced rejection near 0.6250 and fell to 0.6230 in Thursday trading, paring initial gains spurred by Australia’s mixed labor report. A more optimistic market mood helped by reduced anxiety over potential tariff disruptions limits deeper losses. Still, the pair remains under scrutiny as investors monitor the Reserve Bank of Australia’s (RBA) policy direction and the US Dollar’s movements, which trades weak after mid-tier data. Daily digest market movers: Aussie rotates lower as traders…