1st SWING TRADE For 2023 100+ PIPS #forex @JayTakeProfits
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Read More »US Dollar closes a winning week on strong UoM data
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, rose on Friday.
Read More »China October CPI +0.3% y/y (expected +0.4%, prior +0.4%), deflation prospect lingers
October 2024 CPI rose 0.3% year-on-year, down from 0.4% in September, and below economists’ median expectations of 0.4%: Shows continued weak consumer demand and keeps deflation concerns active. China faced…
Read More »Gold price slips as US Dollar ignores Fed rate cut
Gold prices had fallen on Friday as the Greenback stages a recovery despite falling US Treasury yields.
Read More »Forexlive Americas FX news wrap: US dollar climbs, yields retreat
Canada October employment change +14.5K vs +25.0K expected UMich November prelim consumer sentiment 73.0 vs 71.0 expected Baker Hughes oil rigs 479 unchanged on the week Trump asks Robert Lighthizer…
Read More »NZD/USD weakens below 0.6050 on fear of new Trump trade wars amid tariff threats
The NZD/USD pair trades with a mild negative bias near 0.6020 during the early Asian session on Friday.
Read More »DXY: Still 2-way trades – OCBC
USD broadly strengthened in the aftermath of Trump’s victory.
Read More »Japan’s Kato: Important to achieve fiscal health while we strongly push for economic recovery
Japan’s Finance Minister Katsunobu Kato on Tuesday that “we must take this chance to achieve an escape from deflation and recovery in Japanese economy.” He further noted that it is…
Read More »EURUSD buyers take the price to new highs and approaches a cluster of resistance
The EURUSD is continuing its move to the upside despite stronger services ISM nonmanufacturing data today. Employment moved higher as well. New orders were lower and prices paid was lower…
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