Author: FX

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

Let’s kick off a quick recap of the year for the U.S. dollar. Because it is the global reserve currency and the U.S. financial system is the largest and “safest” in the world, movements in the U.S. dollar and U.S. yields are massively influential across the broad financial markets.  So, it’s usually a good practice to review the Dollar’s behavior around events and news catalysts, identify pattern and correlation behaviors to gain insights and understanding, potentially improving our ability to recognize significant drivers and anticipate future moves. Of course, there’s a lot that happens to the U.S. dollar over the…

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…

The British Pound resumed its slide against its American rival in the American session on Monday, as the US Dollar (USD) found near-term demand in a risk-averse environment. The GBP/USD pair fell to an intraday low of 1.2473 following the release of mixed United Kingdom (UK) data. Read More…   The Pound Sterling (GBP) declines to near the psychological support of 1.2500 against the US Dollar (USD) in Monday’s North American session. The GBP/USD pair falls sharply as the US Dollar rebounds strongly on Monday after a sharp downside move on Friday. The US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, recovers to near 108.10.…