Category: Traders
-
NZD traders – Westpac forecasts the RBNZ to cut by 25bps in October and November 2024
•
Reserve Bank of New Zealand forecast from Westpac Bank in New Zealand. Westpac revises RBNZ rate cut forecast, now sees easing in October, November Westpac now expects the Reserve Bank of New Zealand to cut the official cash rate by 25 basis points to 5.25% in October. The official interest…
-
Dollar steady ahead of start of Fed meeting; traders remain wary By Investing.com
•
Investing.com – The U.S. dollar was largely steady on Tuesday, with traders cautious ahead of the Federal Reserve’s latest interest rate-setting meeting. At 05:10 ET (09:10 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was slightly higher at 104.342, trading within a narrow…
-
Traders on edge as KRA goes for unpaid old taxes
•
The Kenya Revenue Authority has sent letters to dozens of businesses notifying them of overdue VAT balances accumulated before the introduction of iTax in 2014, which could hit those unable to provide proof of payment with invoices running into millions of shillings. Most of the balances date back more than…
-
Unlocking Capital: How Life Insurance Can Be a Strategic Tool for Savvy Traders
•
Life insurance is often seen as a means of financial protection for loved ones. However, it also presents unique opportunities for traders looking to unlock additional capital. In the UK, using life insurance as a financial tool can provide traders with a flexible and secure way to boost their trading…
-
Traders pause for breath after Wall Street wipeout. What’s next?
•
nopparit/E+ via Getty Images Stocks keep going up, until they don’t. The Nasdaq (Compound: Indian) suffered its worst day of 2024 on Wednesday, with the technology-based index falling. Slippage more than 3% For the first time in over 400 trading days. That has wiped hundreds of billions of dollars in…
-
Yen rises as traders look to BOJ, while dollar holds steady By Reuters
•
By Harry Robertson and Ray Wee LONDON/SINGAPORE (Reuters) – The yen rose on Tuesday as investors reacted to comments from a senior Japanese politician that added to pressure on the Bank of Japan to keep raising interest rates to shore up the currency. Meanwhile, the dollar rose slightly as traders…
-
Pi Network price stalls as traders wait for the ‘real deal’
•
The Pi Network token price has been in a consolidation phase since March as investors await the promised mainnet launch. Pi Network Price Chart IOU token remained stuck at $40 in a low volume environment. Pi Network Mainnet Launch There are indications that Pi Network developers are preparing to launch…
-
Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital
•
Bitcoin has been on a steady rise over the past seven days, returning to the $61,000 and $67,000 areas where it spent most of the second quarter. This positive performance comes despite fear, uncertainty and doubt due to speculation about Mt. Gox repaying its customers. Interestingly, recent trading data has…
-
Traders eye return to business as usual after cyber outage, issues remain By Reuters
•
LONDON/NEW YORK (Reuters) – Trading returned to normal on Friday after a global technology outage that disrupted operations at financial firms from London to Singapore and New York, although some problems remained, including an outage at some JPMorgan Chase ATMs. A software update has wreaked havoc on computer systems worldwide,…
-
Traders In The Money, Miners Find Relief
•
After a turbulent six weeks that began in June, when Bitcoin’s value fell by more than 15%, the currency is making a comeback. As of this writing, prices continue to record highs, hovering above $62,000. Bitcoin gets rid of weakness According to one analyst, Signal According to metrics provided by…
-
Traders In The Money, Miners Find Relief
•
After a turbulent six weeks that began in June, when Bitcoin’s value fell by more than 15%, the currency is making a comeback. As of this writing, prices continue to record highs, hovering above $62,000. Bitcoin gets rid of weakness According to one analyst, Signal According to metrics provided by…
-
Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows
•
So far, Bitcoin has seen significant volatility in the recent trading session, indicating weak investor sentiment. Earlier today, the coin surged to $57,300. However, the coin now appears to have lost ground after reaching this level as it is trading at $55,966, down 1.6%. This increase in volatility suggests that…
-
Will Bitcoin Bounce Back? Traders Place Their Bets on a Rocky Q4, Data Shows
•
So far, Bitcoin has seen significant volatility in the recent trading session, indicating weak investor sentiment. Earlier today, the coin surged to $57,300. However, the coin now appears to have lost ground after reaching this level as it is trading at $55,966, down 1.6%. This increase in volatility suggests that…
-
European stock traders go home with mixed results
•
European traders are heading out of the markets with mixed results on major stock indices. The French CAC was the worst performer, down -0.63%, after the election results ended in a political deadlock. Neither the right nor the left are likely to form a coalition government. Investors are not very…
-
Key events and releases for traders in the upcoming trading week
•
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…
-
Kenya Agoa exports dip 42pc, deny traders dollar windfall
•
Kenya’s export earnings to the United States under the African Growth and Opportunity Act (AGOA) fell by 41.7 percent last year, new data shows, hurt by a general decline in garment shipments, denying traders gains during a period when the shilling weakened sharply against the dollar. Kenya exported Ksh65.77 billion…
-
Asia markets mostly rise as traders digest mixed Chinese PMI, other region’s economic data
•
primeimages/E+ via Getty Images Stock markets in the Asia-Pacific region started the second half of the year on a positive note as investors digested mixed Chinese PMI data, and the data showed that confidence among large Japanese manufacturers improved to a two-year high in the second quarter amid… Improving economic…
-
Amid election nerves French city traders rush to secure funding as they foresee the worst blow to bonds
•
Worst bond rout since sovereign debt crisis sees companies rush to Securing financing Ahead of a potential capital drought. A hit to stocks worth about $200 billion. French President Emmanuel Macron’s decision earlier this month to confront the gains of the far right across Europe Quick poll At home he…