Category: Aug
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Premium Forex Watch Recaps: Aug. 27 – 28, 2024
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Our currency strategists this week focused on inflation and GDP data, particularly from Australia and the US, for potential high-quality setups. Of the four scenario/price outlook discussions this week, It can be said that both discussions witnessed the raising of fundamental and technical arguments. To become a potential candidate for…
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Forexlive European FX news wrap 30 Aug – Eurozone CPI in line with expectations
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Forexlive European FX news wrap 29 Aug – Euro moves lower on soft German inflation figures
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Forexlive European FX news wrap 26 Aug – Libya halts oil production and exports
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Premium Forex Watch Recaps: Aug. 20 – 21, 2024
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Our currency strategists this week focused on inflation data and flash business surveys, particularly from Canada and the Eurozone for potential high-quality setups. Of the four scenario/price outlook discussions this week, It can be said that only one discussion saw both fundamentalist and technical arguments raised. To become a potential…
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Premium Forex Watch Recaps: Aug. 20 – 21, 2024
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Our currency strategists this week focused on inflation data and flash business surveys, particularly from Canada and the Eurozone for potential high-quality setups. Of the four scenario/price outlook discussions this week, It can be said that only one discussion saw both fundamentalist and technical arguments raised. To become a potential…
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On Aug. 28, This Figure From Nvidia Will Confirm an Artificial Intelligence (AI) Bubble That’s in the Early Stages of Bursting
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Since the start of 2023, no trend has been more responsible for pushing Wall Street’s major stock indexes to new highs than the rally in artificial intelligence. The appeal of AI lies in the long-term ability of software and systems to learn without human intervention. This gives AI-powered software and…
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Premium Forex Watch Recaps: Aug. 12 – 14, 2024
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Our currency strategists this week focused on another round of employment situation updates, this time from Australia and the UK, as potential drivers of short-term opportunities. Of the four scenario/price outlook discussions this week, It can be said that only one discussion saw both fundamentalist and technical arguments raised. To…
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Forexlive Americas FX news wrap 12 Aug: Geopolitics has the markets on edge.
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Monday saw the New Zealand dollar perform strongly among major currencies, while the Japanese yen was the weakest. The US dollar ends the day with mixed results, with gains against the Japanese yen and the Canadian dollar, and declines against the Australian and New Zealand dollars. The greenback was little…
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Premium Forex Watch Recaps: Aug. 5 – 6, 2024
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Our currency strategists have decided this week to focus on the Reserve Bank of Australia’s monetary policy statement and the latest jobs data from New Zealand to discuss the price outlook for this week. Of the four scenario/price outlook discussions this week, It can be said that both discussions witnessed…
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Kickstart the FX trading day for Aug. 9 w/a technical look at the EURUSD, USDJPY & GBPUSD
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In the opening video for August 9, I take a look at three major currency pairs, EURUSD, USDJPY, and GBPUSD from a technical perspective. For the EUR/USD pair, the pair is trading up and down during today’s trading, but has found resistance from sellers against its 100-hour moving average at…
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Forexlive Americas FX news wrap 9 Aug: A dull Friday ends a volatile week
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It seems like a lifetime ago, but on Monday, markets looked like they were on the brink of a catastrophe. Japan’s Nikkei 225 fell 12.4% on Monday, and analysts were trying to figure out where to place the circuit breakers. There was talk that the Federal Reserve would hold an…
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OP_NET Launches Testnet On 07th Aug, 24
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The world of decentralized finance (DeFi) has long been associated with Ethereum, but a recent development suggests that Bitcoin, the leading cryptocurrency, may soon invade. Bitcoin Defi World. A group of dedicated developers, led by Chad Master, are set to launch OP_NET A testnet will launch on August 7, 2024,…
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OP_NET Launches Testnet On 07th Aug, 24
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The world of decentralized finance (DeFi) has long been associated with Ethereum, but a recent development suggests that Bitcoin, the leading cryptocurrency, may soon invade. Bitcoin Defi World. A group of dedicated developers, led by Chad Master, are set to launch OP_NET A testnet will launch on August 7, 2024,…
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Forexlive Americas FX news wrap 2 Aug: Bond market cuts rate for Fed after weak jobs data
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After some amazing earnings/revenue numbers from Amazon after the shutdown (revenue declines and slower consumer concerns), and a day of bad news yesterday, markets got another dose of “weakness” today in the US jobs report. The US nonfarm payrolls report for July 2024 showed a gain of just 114,000 jobs,…