Author: FX
Stock heatmap by FinViz.com Tue, 24 Dec 2024 14:46:15 GMT📈 Semiconductor Surge: Avago Shines BrightThe semiconductor sector is experiencing a strong upswing today, with Avago (AVGO) soaring by 2.99%. This boost contributes to a positive outlook within the sector, as other major players like Nvidia (NVDA) and AMD (AMD) show modest gains of 0.19% and 0.95%, respectively. The presence of green across major chip stocks hints at renewed investor optimism fueled perhaps by expectations of robust demand or favorable market conditions.🔍 Tech Sector: A Mixed BagThe broader technology sector is facing mixed results. Microsoft (MSFT) is down slightly by 0.14%,…
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…
EUR/USD is stuck in a tight range around 1.0400 amid thin trading volumes in a holiday-truncated week. ECB Lagarde said she is confident about inflation sustainably returning to the bank’s target of 2% sooner than previously thought. According to UBS, the Fed will deliver two interest rate cuts next year, in June and September. EUR/USD stays sideways, following the footprints of the US Dollar (USD) in North American trading hours on Tuesday. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, oscillates in a tight range above the key support of 108.00 amid thin trading volume due…
Oil prices are rallying higher near 1%, with traders set to head into the Christmas holidays. Markets are catching up on some headlines about further stimulus in China, one of the top global consumers. The US Dollar Index trades just below its current two-year high as volatility winds down. Crude Oil prices are trading higher on Tuesday with traders looking ahead to Christmas Eve rather than the release of the American Petroleum Institute (API). Even headlines of further stimulus in China are driving Oil prices higher in the US trading session: Chinese policymakers want to boost the economy with a 3…
The Pound Sterling tmoves higher in a light trading volume session amid holidays in global markets on account of Christmas Day. Fed policymakers see the fund rates heading to 3.9% by the end of 2025. Trades have fully priced in two interest rate cuts by the BoE next year. The Pound Sterling (GBP) advances against its major peers on Tuesday. The British currency gains as investors largely ignore a mild increase in Bank of England’s (BoE) dovish bets for the next year. Traders see a 53-basis points (bps) interest rate reduction in 2025, slightly up from 46 bps after the BoE policy announcement on…
USD/CAD consolidates around 1.4400 amid thin trading volume in a holiday-curtailed week. Fed policymakers see more than one interest rate cut in 2025. The BoC has guided a gradual policy-easing approach for the next year. The USD/CAD pair trades sideways around 1.4400 in Tuesday’s North American session. The Loonie pair consolidates as it follows the footprints of the US Dollar (USD), which is grappled with volatility contraction in a thin volume trading day due to the holiday-shortened week. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades lackluster above 108.00. The outlook of the…
The US Dollar trades flat and is unphased by headlines out of China about ramping up bond sales next year. Chinese policymakers plan to sell a record 3 trillion yuan of special treasury bonds in 2025, the highest on record. The US Dollar Index (DXY) resides above 108.00, very close to eke out a fresh two-year high. The US Dollar (USD) trades with small gains on Tuesday, seeing the DXY Index trade slightly above 108.00, as markets are starting to unwind towards the Christmas holiday. The Greenback failed to significantly move despite news that China’s policymakers are floating the idea of selling…
So, you’ve subscribed to premium signal providers and top-tier trading newsletters. Your chart lights up with trade setups from every corner of the forex universe. Yet, instead of cashing in on pips, your account balance keeps shrinking. Frustrating, isn’t it? 🫤 If this sounds familiar, the problem might not be the signals themselves—but you and the way you’re processing them. Here are possible reasons why you’re still not making pips: 1. Timing is everything but signals can lag Markets move fast—like, blink-and-it’s-gone fast. By the time a signal lands in your inbox or chat group, the “prime” entry may already…
Exploration company Salazar Resources (TSXV:SRL:CA) (OTCQB:SRLZF) announced a non-brokered private placement financing of up to 25M shares at $0.07 per share to raise up to $1.75M. Certain insiders are expected to participate in the financing. The proceeds will be used for working capital, tenure payments, including tenure payments on recently acquired properties and exploration. Source: Press Release More on Salazar Resources Limited Source link
By Nidal al-Mughrabi CAIRO (Reuters) – Israeli troops forced the evacuation of the Indonesian Hospital in northern Gaza and many patients, some of them on foot, arrived at another hospital miles away in Gaza City, the territory’s health ministry said on Tuesday. The Indonesian Hospital is one of the Gaza Strip’s few still partially functioning hospitals, on its northern edge, an area that has been under intense Israeli military pressure for nearly three months. Israel says its operation around the three northern Gaza communities surrounding the hospital – Beit Lahiya, Beit Hanoun and Jabalia – is targeting Hamas militants. Palestinians…