It was not a bad year for the ASX 200 with its 7.4% gain, this is less than half of its low-to-high range of over 15%. Price action on the monthly chart also shows a few twists and turns along the way, even if it managed to hold above its 20-month EMA and close firmly

 At the interbank foreign exchange, the rupee opened at 85.77, touched the day’s peak of 85.65 and hit an intraday low of 85.80 against the greenback | Photo Credit: Reuters The rupee fell 5 paise to settle at 85.73 (provisional) against the U.S. dollar on Tuesday (January 7, 2025), as higher crude oil prices and

Japan’s Finance Minister, Katsunobu Kato, warned traders against selling the yen. The USD/JPY pair is quickly approaching the pivotal 160.00 level. This week, the US will release its crucial nonfarm payrolls report. The USD/JPY price analysis shows some relief for the yen amid renewed warnings against excessive declines. Japan’s top officials are becoming increasingly concerned

The yen is trading quietly on Tuesday. Early in the North American session, USD/JPY is trading at 157.68, up 0.07% on the day. Earlier in the day, USD/JPY rose as high as 158.41, its highest level since July. The Bank of Japan has been moving slowly towards normalization of its monetary policy, which began last

These awards, which celebrate excellence in foreign exchange services, include winners in the global, regional, and country categories. Winners are chosen based on objective criteria such as transaction volume, market share, breadth of offerings, and global reach, supported by company reports and media coverage. Additionally, subjective factors like reputation, thought leadership, customer service, and technological

Created on January 07, 2025 In my daily analysis of US indices, the S&P 500 stands tall, as we are now well above the 6000 level as I write this. The S&P 500 will more likely than not be a major dissipate in any global rally when it comes to equities in 2025. That being

Created on January 07, 2025 At the beginning of this week, we noticed strong fluctuations in gold prices, with a rise towards the resistance level of $2650 per ounce. This was following reports to the financial markets that Trump would ease the pace of his tariffs, then the gold price index quickly retreated to the

Created on January 07, 2025 According to recent trades and after its sharp losses, the EUR/USD exchange rate is heading towards parity. Before that, investors will be watching closely for the reaction to the release of US jobs data next Friday. According to reliable trading platforms, the euro price has fallen to its lowest level

Created on January 07, 2025 Potential signal: I am a buyer of this pair if we can break above the high of the session on Monday, at the 58.35 PHP level. I would have a stop loss at the 58 PHP level, with a potential target near the 59 PHP level. The US dollar has

Created on January 07, 2025 My previous BTC/USD signal on 17th December may have produced a losing long trade triggered by the bullish rejection of the support level at $105,530. Today’s BTC/USD Signals Risk 0.50% per trade. Trades must be taken before 5pm Tokyo time Wednesday. Long Trade Ideas Go long after a bullish price

DAX rises after PMIs improve, inflation data is due German Services PMI rises to 51 German CPI is expected to rise to 2.4% from 2.2% DAX tests 20k resistance On the first proper day back since the Christmas and New Year break, the DAX and European stocks are heading higher, taking their cues from Friday’s

Created on January 06, 2025 Silver initially rallied to kick off the trading session on Friday, but we do have some concerns that we need to be very well aware of in the silver market, both from a technical and a fundamental standpoint. After all, the market does tend to be a bit noisier than

FNG Exclusive… FNG has learned via regulatory filings that FCA licensed CFDs broker London Capital Group (or as it is more commonly referred to, LCG) saw a decline in Revenues and a large loss in 2023, as the company’s new management team transitioned the company to an Introducer-Only model. FNG had also exclusively reported, back

View the latest commitment of traders reports   Market positioning from the COT report – Tuesday, 31st December 2024: Futures traders were net-long the USD by $28.5 billion at the end of 2024 Net-short exposure to NZD/USD futures reached a record high for a third consecutive week Large speculators increased their net-short exposure to AUD/USD

Created on January 06, 2025 The US dollar rallied slightly during the trading session on Friday gaining about 24 basis points as I record this. The market pulled back toward the 20.60 level and stabilized a bit. I think at this point we are trying to build up the necessary pressure to really take on

Created on January 06, 2025 Potential signal: I would be a buyer of the US dollar at 4.53 MYR. I would have a stop loss at 4.47 MYR, and would be aiming for 4.65 MYR. Looking at emerging markets, the US dollar continues to be a bit of a thorn in the side for a

Article Outline Key Events: German Prelim CPI, ISM Services PMI, and U.S. Non-Farm Payrolls EUR/USD Trend Scenarios: Bullish reversal bias vs. primary downtrend (3-day and monthly timeframes) Technical Analysis (TA) Tip: Forecasting with channels Key Events Eurozone Inflation The EUR/USD ended 2024 on a bearish note, driven by the strength of the U.S. dollar, ECB

Markets US and EMU yields initially maintained the post-Fed upward bias that still reigned during the first 2025 trading sessions last week. However especially US LT yields are closing in on key technical resistance levels. The US 10-y yield is testing the end December top (4.64%), with the 2024 top (4.73%) also nearby. The 30-y

With the year drawing to a close and the “Santa rally” not materialising, investors will now be looking for the next big moves as January gets underway. However, be aware that things may not fully get going until the week beginning January 6. Here’s what to watch this month: The USD: The Federal Reserve cut

Created on January 06, 2025 The strongest bearish trajectory for the EUR/USD price performance remains ahead of the announcement of the important US jobs figures this week, along with the announcement of the minutes of the last meeting of the US Federal Reserve. Last week’s losses for the EUR/USD pair reached a support level of