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Updated: 4 min 46 sec ago

Australian Dollar Declines Amid Weak GDP Data

Wed, 12/04/2024 - 05:45
The Australian dollar fell below $0.645 on Wednesday, hitting its lowest level in four months, as weak GDP data reinforced expectations of an imminent interest rate cut by the Reserve Bank of Australia.

2020 Analogue Predicts Bitcoin's Next Move Plus Ethereum Steals The Spotlight

Wed, 12/04/2024 - 05:30
Discover how Bitcoin's 2020 analogue predicts a potential breakout to $100K and beyond, while Ethereum's rally takes center stage in the crypto market.

Daily Market Outlook - Wednesday, Dec. 4

Wed, 12/04/2024 - 05:15
Asian markets declined following South Korea's political turmoil, triggered by a brief declaration of martial law that unsettled investors.

Elliott Wave Technical Analysis - Nifty 50

Wed, 12/04/2024 - 05:00
The analysis provides a clear perspective on the ongoing corrective phase, emphasizing critical levels and directional trends.

The Dollar And Oil Foresee A Santa Rally For Bonds

Wed, 12/04/2024 - 04:46
Bond yields are primarily driven by macroeconomic factors such as inflation and economic growth.

Two Trades To Watch: DAX, GBP/USD Forecast - Wednesday, Dec. 4

Wed, 12/04/2024 - 04:30
DAX rises to record highs despite weak PMI data. GBP/USD falls as UK services PMI falls to its lowest level in a year.

Forex Today: South Korea Coup Attempt Fails

Wed, 12/04/2024 - 04:20
An attempt by the President of South Korea to impose martial law failed yesterday after Parliament successfully ordered troops to stand down.

Aussie GDP, French Politics, And US Economic Data

Wed, 12/04/2024 - 04:10
Things have been mostly quiet in the FX market this week. It seems participants are perhaps waiting for additional cues that could come by way of today’s round of US economic data.

Sensex Today Trades Higher; Nifty Above 24,500

Wed, 12/04/2024 - 03:50
Indian share markets are trading on higher with the Sensex trading 269 points higher and Nifty is trading 83 points higher.

FX Daily: Geopolitics Just Another Reason To Hold Dollars

Wed, 12/04/2024 - 03:40
If US exceptionalism and the potential for a second Trump administration weren’t enough to hold dollars, geopolitics and events in South Korea yesterday only add to the argument.

BTC/USD Forex Signal: Bitcoin Path To $100k Is Intact

Wed, 12/04/2024 - 03:30
The BTC/USD exchange rate remained in a tight range as it struggled to move above the important resistance level at 100,000.

Oil Prices Rise As OPEC+ Extensions Boost Sentiment, But Gains May Be Capped

Wed, 12/04/2024 - 03:21
Oil prices extend gains on Wednesday as rising tensions in the Middle East raise supply concerns.

Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar - Wednesday, Dec. 4

Wed, 12/04/2024 - 03:10
Based on the analysis, wave 2 appears to have concluded, marking the beginning of wave 3.

Metal Markets Report For Tuesday, Dec 3

Wed, 12/04/2024 - 01:00
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.

Meta Becomes Latest Tech Giant To Embrace Nuclear Power With Open Arms

Wed, 12/04/2024 - 00:40
Like Microsoft, Amazon and other giants, Meta is making a bold move to embrace nuclear energy as a cornerstone of its sustainability strategy.

Australia: GDP Growth Firms Up In The Third Quarter

Wed, 12/04/2024 - 00:20
After growing at just 0.2% QoQ in the previous three quarters, Australia’s GDP growth in 3Q24 rose to 0.3%. However, this was lower than the market had been hoping for, and the breakdown of growth is also disappointing.

Current Report: MFA Financial

Wed, 12/04/2024 - 00:00
MFA Financial Inc (MFA) is a specialty finance company that invests in and finances residential mortgage assets. MFA’s share price fell 0.07% in the past year from $11.07 to $10.99 as of Monday’s market close.

Gold Trading Strategy, XAUUSD Analysis & Forecast - Wednesday, Dec 4

Tue, 12/03/2024 - 23:40
Today you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD?

Elliott Wave Technical Analysis: Vechain Crypto Price News For Wednesday, December 4

Tue, 12/03/2024 - 23:20
VeChain remains in an uptrend with an impulsive rally. We are currently in the fifth wave, which is incomplete, so the price is likely to continue rising. Watch for a rebound within the uptrend.

JOLTS Posts Bigger Numbers; CRM, OKTA Beat In Q3

Tue, 12/03/2024 - 22:59
It’s deja vu all over again, to quote the great Yogi Berra. The S&P 500 and the Nasdaq have once again notched new closing highs this afternoon, and for the third session in a row.

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