The European Central Bank is still expected to increase interest rates next week, and will have to raise interest rates several more times to tame price pressures, according to ECB chief economist Philip Lane. In the corporate sector, Porsche AG (ETR:P911_p) stock rose 0.8% after exchange operator Deutsche Boerse said on Monday the sportscar manufacturer will...
Silver, which often follows the direction in gold, rallied sharply into December, with the benchmark futures contract on Comex hitting a seven-month high of $22.94 while spot silver hit a similar milestone with $22.74. Silver is up 5% month-to-date after rising almost 14% in November. -- Investing.com
Investors have shied away from buying stocks this year, mainly because of fears over sharp policy tightening by the US Federal Reserve and other central banks around the world amid an environment of high inflation and low growth. Given that the Fed is yet to tilt to a more dovish, low-yielding assets like tech stocks listed on the Nasdaq and gold are likely to...
'''''''This is NOT a financial advice"""""" In this pair, the price can still touch 0.98 area before continue its journey on formed channel since early september. Meanwhile European countries are preparing themself for coming winter and of course Russia will use this opportunity to put some pressure on EU to get off of some sanctions. that means Euro zone is now...
The dollar lost ground on Thursday as investors digested an as-expected 75 basis point interest rate rise by the Federal Reserve and eyed comments about potential future hikes. The dollar index - which measures the greenback against a basket of other major currencies - dropped by 0.31% to 106.12 as of 02:40 EST (0640 GMT), hovering just above its lowest mark since...
European stock markets traded largely lower Thursday ahead of a key policy-setting meeting by the European Central Bank, although strong earnings from oil major Shell helped the U.K. market outperform. By 04:05 ET (08:05 GMT), the DAX in Germany traded 0.4% lower, the CAC 40 in France dropped 0.6%, while U.K.'s FTSE 100 traded 0.3% higher. This week has seen a...
4H Chart formed a possible buy position. after +25.4% spike on 14 July I am more confident that we might have greater upcoming pump. Note: Please take action based on your personal analysis.
The U.S. dollar rose in early European trade Friday, posting strong gains against the Japanese yen after the Bank of Japan maintained its ultra-easy monetary policy in contrast to the aggressive tightening of its peers. At 3 AM ET (0700 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, traded 0.8% higher at 104.245, after...
The GBP/USD pair sunk to take another look at the 1.3850 uptrend after weak data on Friday. If the cable holds the uptrend, a retest of the last week high at 1.4018 seems likely, Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, briefs.
Clear double top in 1H, 4H and 1D chart and i consider this as a nice and clear short opportunity.
Nice and clean short opportunity on EURGBP Good luck
Possible harmonic short opportunity for GBPAUD
according to this Chanel that i see i would like to have a buy position at this market with TP of somewhere around 111 or 112.
Here is a clean nice short opportunity. BUT there is also scenario of craziness of the market. so keep money management and take low risk and enjoy the trade.