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Precious-gold retreats from 1-1/2-month high even as traders bet on fed rate pause
Gold prices pulled back on Wednesday from a 1-1/2-month high scaled in the previous session even as investors bet that recent U.S. economic readings m...
Rfk jr. announces bold plan to back dollar with bitcoin, end bitcoin taxes
“My plan would be to start very, very small, perhaps 1% of issued T-bills would be backed by hard currency, by gold, silver platinum or bitcoin,” ...
New zealand cpi data higher than expected - kiwibank says rbnz will take comfort
The New Zealand Q2 inflation data was published earlier from Stats NZ:New Zealand Q2 CPI 1.1% q/q (vs. expected 1.0%)NZD/USD was marked up, but if you...
Usdjpy daily analysis – july 19, 2023
USDJPY has been moving sideways, confined within a trading range between 137.23 and 139.40. This consolidation phase has offered traders an opportunit...
: cathie wood’s ark funds shed more tesla and coinbase shares, continue twilio buying spree
Funds associated with ARK Investment have been offloading shares of Tesla and Coinbase lately, and they continued that pattern Tuesday. Read Full Stor...
New zealand cpi data higher than expected - asb sees rbnz staying on sidelines
The New Zealand Q2 inflation data was published earlier from Stats NZ:New Zealand Q2 CPI 1.1% q/q (vs. expected 1.0%)NZD/USD was marked up, but if you...
Sugarcoated profits: unveiling the secrets of success in the confectionery market – fmi predicts the market cap to surpass us$ 483,214.7 million by 2033
As per the analysis by Future Market Insights, the confectionery market is witnessing growth attributed to the increasing consumer demand for sugar-fr...
Mooners and shakers: bitcoin meanders below $30k as valkyrie’s brrr etf moves under gensler’s nose
Bitcoin and the crypto market as a whole lost a bit of ground overnight (AEST) with the leading digital asset slipping back under $30k again. Read Ful...
Usd/jpy struggles to gain any meaningful traction, holds steady near 139.00 mark
The USD/JPY pair edges higher during the Asian session on Wednesday, albeit lacks bullish conviction and currently trades around the 139.00 mark or th...
Audusd daily analysis – july 19, 2023
AUDUSD is currently at a crucial juncture as it faces the support of a rising price channel on the 4-hour chart. This critical level will be closely w...
Pboc sets usd/ cny reference rate for today at 7.1486 (vs. estimate at 7.1798)
People's Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead.USD/CNY is the onshore yuan. Its permitted to trade plu...
Usd/cad remains on the defensive near the 1.3170 mark amid the weakening usd
The USD/CAD pair remains under pressure and currently trades around 1.3160 regions in the early Asian session. The weakening US Dollar is backed by th...
Gbpusd daily analysis – july 19, 2023
GBPUSD is currently at a crucial point as it encounters the support of a rising trend line on the 4-hour chart. Traders are closely monitoring this le...
What is mark-to-market and how does it affect the forex market?
In the diverse landscape of financial markets and investment avenues, from mutual funds to homeowners insurance, one accounting method stands out due ...
What is a crack spread in futures trading?
In the intricate world of Forex and futures trading, one encounters a lexicon filled with intriguing and complex terms. These terms represent strategi...
Dragonfly doji: what you should know about this pattern
Trading in the world of Forex presents numerous opportunities and challenges. It is a realm characterized by volatility, complexity, and a profusion o...
What is an unrealized gain or loss in forex trading?
Unrealized gains and losses form the backbone of the financial world, significantly impacting the Forex trading landscape. In the complex tapestry of ...
Investing in uranium stocks: a comprehensive guide
Uranium, a significant resource used in the production of nuclear energy, presents a unique investment opportunity for individuals looking into the en...
What is trading account: an insight into its advantages and disadvantages
Are you wondering, “What is trading account?” In the world of trading and investment, having a trading account is essential for anyone seeking to ...
Iqiyi partners with pubmatic for programmatic technology solutions
SINGAPORE, July 19, 2023 (GLOBE NEWSWIRE) — PubMatic, (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply ch...
G20 ‘welcomes’ financial stability board’s call for tougher crypto rules
Intergovernmental forum, Group of Twenty (G20) welcomes the call made by the Financial Stability Board (FSB) for tougher rules to guide the global cry...
Gold edges lower in likely technical correction
0017 GMT — Gold slips in the early morning Asian session in a likely technical correction after prices settled at their highest level in six weeks o...
Eurusd daily analysis – july 19, 2023
EURUSD has been displaying interesting price dynamics, with the pair facing a crucial support level at 1.1203. Traders are closely monitoring this lev...
Australia data - eleventh consecutive negative print for the leading index growth rate
The headline: Westpac Leading Index for June +0.11% m/m (prior -0.26%). More attention is paid to the Leading Index growth rate, as below:Westpac's su...
Gbp/usd price analysis: cable sellers eye previous resistance around 1.3000 and uk inflation
GBP/USD stays defensive around intraday low after three-day losing streak. Clear downside break of short-term support line, bearish MACD signals favor...
Eur/usd stays defensive above 1.1200 after retreating from 17-month high on us dollar recovery
EUR/USD stays depressed near 1.1230 during the early hours of Wednesday’s Asian session, after retreating from the highest level in 17 months the pr...
Notice to disregard — dtiq
FRAMINGHAM, July 18, 2023 (GLOBE NEWSWIRE) — We are advised by DTiQ that journalists and other readers should disregard the news release, “DTiQ na...
Morgan stanley is moving 200 developers out of mainland china in response to new data law
Bloomberg (gated) with the news of Morgan Stanley moving staff out of China:Morgan Stanley is moving 200 developers out of mainland China, mostly to H...
Unleashing the light: optical modulators market sales set to surpass us$ 57.8 billion by 2033 with photonics technology advancements | future market insights, inc.
Photonics technology, with its focus on generating, manipulating, and detecting light, is playing a pivotal role in enhancing optical modulators. Thes...
87 of 109 analysts polled expect next week's fed rate hike to be its last
The latest Reuters poll of analysts finds that all 106 expect the Fed to hike by 25bps at next week's meeting, taking the Fed Funds benchmark overnigh...
Pboc is expected to set the usd/cny reference rate at 7.1798 – reuters estimate
People's Bank of China USD/CNY reference rate is due around 0115 GMT.The People's Bank of China (PBOC), China's central bank, is responsible for setti...
Td on the first federal reserve rate cut - penciled in q2 of 2024
I posted earlier on the Bank of America fund manager survey:Federal Reserve rate cut seen in Q2 of 2024TD has a similar timing for their first expecte...
Eco data 7/19/23
The post Eco Data 7/19/23 appeared first on Action Forex......
The role of social media influencers in shaping crypto trends and market sentiment
Social media has evolved into a potent tool for information diffusion and impact. Social media influencers have a crucial role in creating trends and ...
Aud/nzd price analysis: drops back to 100-sma, weekly support despite softer new zealand inflation
AUD/NZD drops 40 pips even as New Zealand Q2 CPI defends RBNZ status quo. New Zealand Q2 CPI eases to 1.1% QoQ, 6.0% YoY. Overbought RSI also favored ...
