Market Update -October 22 – USD Consolidates, Evergrande Reprieve, & Stocks at new highs
USD (USDIndex 93.70) rallies a whole number and more from 93.47), Claims at new pandemic low, Housing data and Earnings were strong. Overnight – AUD & JPY PMI data better…
Read More »China’s State Council to implement a new property tax
The new tax will be levied on residential and non-residential property, but not to rural residences. An earlier pilot scheme was implemented in 2011 in two cities at rates from…
Read More »Forexlive America’s FX news wrap: Feds Powell tilts his inflation fear
Forex news for North American trading on October 22, 2021 Fed chair Powell speaking on a panel at a BIS conference, tilted his inflation fear little more in the direction of "inflation…
Read More »EUR/GBP clings to gains above 0.8450 as Brexit woes cloud the GBP again
The EUR/GBP edges higher as the New York session progresses, gains almost half percent, trading at 0.8461 during the day at the time of writing. In th
Read More »Why COP26 Matters for Markets
Against the backdrop of rising energy prices leading to economic fallout for economies in Asia, Europe, and North America, COP26 is set to begin on October 31.
Read More »Evergrande payment surprise, PMIs in focus
Overnight Headlines *US stocks ended mixed, S&P500 posted a record closing high *USD fell against most of its peers, but remains above 93.50 *US 10-year Treasury yield hits new cycle…
Read More »Events to Look Out for Next Week
The BoC, BoJ and ECB policy meetings and press conferences are the central bank highlights this week even though they are unlikely to offer up any changes of their policies,…
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How To Trade The 1 Hour Chart (as a beginner)
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Simple Reversal Trading Strategy: RSI Divergence Trading Explained!
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How to turn Losing Forex trades into winning Forex trades
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