Forexlive Americas FX news wrap: PCE inflation softens but USD still rips into month-end
US August core PCE +3.9% y/y vs +3.9% expected Canada GDP month-to-month for July 0.0% versus 0.1% estimate US advanced good trade balance for August -84.27B versus $-91.4 billion estimate…
Read More »Forexlive Americas FX news wrap 6 Apr: Weekly claims data higher after seasonals adjusted
NASDAQ and S&P snaps two day losing streak How has the stocks reacted in past when employment was released on Good Friday WTI crude all settles at $80.70 JPMorgans Dimon:…
Read More »WTI Price Analysis: Oil bulls can ignore recent inaction surrounding $76.00
WTI crude oil grinds higher around $76.00 during early Tuesday, struggling to keep the bounce off the 50-HMA of late. Even so, the recently higher low
Read More »What is a Convergence in Trading? Strategies and Risks
Convergence is defined as a situation when two or more things move closer to each other. It comes from the term converge and is applied in some of the most…
Read More »What Is a Bear Trap and Why You Should Definitely Avoid It
Bear and bull traps are popular events in the financial market. They refer to sudden moves that entice traders to short and sell and then lead to another sudden reversal….
Read More »Trading Goals: Set-up Them Before You Start Your Trading Day
Goal-setting plays an important role when you want to achieve success in all industries. For example, the most successful professionals in industries like real estate, medicine, and education are those…
Read More »Physical Gold Or Silver – Is It Time To Buy? Sprott Monthly PM Video
Chris sits down with Craig Hemke of Sprott Money to talk about recent moves in precious metals, crude oil, and the US dollar. It’s been a tough year so far with money…
Read More »WTI bears are lurking and eye a correction for coming days
At $115.74, the price of West Texas Intermediate (WTI) crude oil is higher by 0.57% after rising from a low of $114.88 to a high of $115.78. The black
Read More »WTI rides higher in Asia extending gains from New York trade
At 110.93, West Texas Intermediate (WTI) crude oil is higher by some 0.22% and has drifted up from a low of $110.65 in the Asian session so far. Futur
Read More »Crude Oil Price on Track to Clear Opening Range for April
The price of crude oil may stage a larger advance over the remainder of the week if it manages to clear the opening range for April.
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