I know we've had quite an amazing run these past few month, with over 78% accuracy in our trade ideas and sentiments, and thousands of pips in profits monthly...
Dollar keeps slightly softer as risk on returns
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
XAU/USD: Gold moves below 38.2% retracement level. It seems that silver minimized earlier losses and is ready to move higher.
EU Market View
Asian equity markets resumed the weak performance seen across global peers which culminated in Wall St’s worst day in over a month. US congressional committees have reportedly made some progress, but not enough to make a stimulus deal anywhere near imminent, according to sources. Looking ahead, highlights from the macroeconomic calendar include US Durable Goods, Consumer Confidence, BoE’s Haldane, ECB’s Centeno speech.
EU Key Point
- RBA's Bullock supports that the financial system is in a good position to support the economy
- China says will take necessary measures to uphold its security interests, following US arms sale to Taiwan
Futures for Canada's main stock index rose on Monday, following positive global markets and gains in crude oil prices. First Citizens BancShares Inc's announcement of purchasing the loans and deposits of failed Silicon Valley Bank also boosted investor confidence in the global financial system...
Investor confidence in the global financial system has been shaken by the collapse of Silicon Valley Bank and Credit Suisse. As a result, many are turning to bearer assets, such as gold and bitcoin, to store value outside of the system without...
Greetings, fellow forex traders! Exciting news for those with an eye on the Australian market - the upcoming interest rate decision could be good news for Aussies looking to refinance or take out new loans. The Mortgage and Finance Association Australia CEO, Anja Pannek, has...
Hold onto your hats, folks! The Japanese yen took a nosedive after the Bank of Japan (BOJ) left its ultra-loose policy settings unchanged, including its closely watched yield curve control (YCC) policy. But wait, there's more! The BOJ also removed its forward guidance, which had previously pledged to keep interest rates at current or lower levels. So, what's the scoop? Market expectations had been subdued going into the meeting, but some were still hoping for tweaks to the forward guidance to prepare for an eventual exit from the bank's massive stimulus