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S&P 500 rallies as markets digest soft US jobs data, Fed rate hike pause
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S&P 500 ended the week up by 0.9%, with the Nasdaq and Dow Jones also posting significant gains,…
Review of trades of the Owl Smart Levels strategy for the week from October 30 to November 3, 2023…
Today I present you an overview of trades made using the Owl strategy - smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from October 30 to November 3, 2023. For convenience and timely receipt of…
Forex and Cryptocurrencies Forecast for November 06 – 10, 2023 – Analytics &…
EUR/USD: A Bad Week for the Dollar ● Throughout the week, the Dollar Index DXY, along with EUR/USD, appeared to be riding the waves, moving up and down. At the beginning of the week, preliminary data for Europe was released. In…
XAG/USD shoots above $23 on subdued job data, Services PMI
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Silver price climbs sharply above $23.00 on soft labor, Services PMI data.
The US workforce…
Canadian Dollar extends gains following risk-on market surge on US NFP data miss
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The Canadian Dollar is bounding higher, extending weekly gains.
Canada Unemployment Rate missed…
EUR/USD soars above 1.0700, refreshes two-month highs post-US NFP weak data
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EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target.…
GBP/USD soaring into 1.24, set for its best trading day since March
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The GBP/USD is accelerating recent gains, set to end the week near 1.2400.
The Pound Sterling is on…
Dow, Nasdaq 100 and CAC40 Continue to Rally
Article by IG Chief Market Analyst Chris BeauchampDow Jones, Nasdaq 100, CAC 40 Analysis and ChartsDow stronger in wake of Fed decisionThe index’s rally was given fresh impetus by the Fed decision last night, which saw a more balanced…
NIO gains more than 5% on Friday, closing above the 21-day moving average
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NIO gains more than 5% on falling Treasury yields, soft NFP, cost savings plan.
Nio CEO William Li…
DXY Drops after FOMC and a Likely Peak in Rates
US Dollar (DXY) News and AnalysisFed holds interest rates but nods to ever tightening conditionsAre U.S. treasuries signaling a peak in interest rates?Markets turn to fundamental data to gauge the effect of restrictive policyThe analysis…