admin – Page 39

USDCAD falls below the 100 and 200 hour MAs. First break below 200 hour MA since October 2

November 4, 2024

The USDCAD broke higher at the end of last week and in the process extended above high from August at 1.39458. The high price reached …

Technical Analysis

Kickstart the FX trading day for Nov 4 w/a technical look at EURUSD, USDJPY and GBPUSD

November 4, 2024

The USD is lower to start the trading week (helped by the Pres. Polls over the weekend). The moves in the 3 major currency pairs …

Technical Analysis

US dollar is lower to start the new week after Harris jump in poll

November 4, 2024

The influential Selzer poll out of Iowa showed a Harris lead over the weekend. That is not supposed to happen, and led to the USD …

Technical Analysis

Crude Oil Technical Analysis – Positive gap on OPEC+ production hike delay

November 4, 2024

Fundamental Overview Crude oil opened the day with a positive gap today following the weekend news of OPEC+ delaying the December production hike. In the …

Technical Analysis

Gold Technical Analysis – Some de-risking going into the US Election

November 4, 2024

Fundamental Overview Last Thursday, gold got hit by some strong selling pressure following the US Jobless Claims and the US Core PCE report. The data …

Cryptocurrency

UBS Asset Management launches a tokenized USD Money Market Investment Fund

November 4, 2024

News from late last week that UBS Asset Management has debuted a USD Money Market Investment Fund Token &]:mt-2 list-disc space-y-2 pl-8″ depth=”0″> Fund built …

Central Banks

US election imminent – JP Morgan says Fed to pause rate cuts on a Trump win

November 4, 2024

You all set for the US election? In the interests of ‘what to expect’, this summary of an interview with an analyst at JP Mrgan …

Central Banks

European Central Bank speakers on Monday include Patsalides, Elderson, Buch, McCaul

November 4, 2024

None of these look very promising for comments pertinent to markets and trades. Times are in GMT / US Eastern time: 0830/0430 ECB Governing Council …

Central Banks

AUD traders heads up – Reserve Bank of Australia meeting underway – statement due Tuesday

November 4, 2024

The Reserve Bank of Australia is expected to leave its cash rate unchanged at 4.35%. The statement is due at 2.30 pm Sydney time on …

Central Banks

PBOC sets USD/ CNY reference rate for today at 7.1203 (vs. estimate at 7.1208)

November 4, 2024

The People’s Bank of China set the onshore yuan (CNY) reference rate for the trading session ahead. USD/CNY is the onshore yuan. Its permitted to …

Central Banks

Australian October Melbourne Institute Inflation Gauge +0.3% m/m (prior +0.1%)

November 4, 2024

The Melbourne Institute Inflation Gauge is a privately surveyed inflation indicator. it was the ‘go to’ for a guide to monthly inflation data for Australia …