TAG: Forex
GBP/USD Forecast: Cable at Key 1.2525 Support after Cool UK CPI
GBP/USD Key Points GBP/USD is the weakest US dollar cross after this morning’s cooler-than-expected...
7 months ago
GBP/USD outlook boosted by UK wages data as focus turns to inflation
GBP/USD outlook supported as UK wages print 5.8% vs. 5.6% expected Focus shifts to inflation data f...
7 months ago
Central banks preview: Fed, ECB and BoE on the radar this week
It’s a busy week ahead for the central bank calendar, with 5 major central banks set to report on their monetary policy. The two-day showdown will be kicked off by the Federal Reserve (Fed) on Wednesday, followed by the European Central Bank (ECB), Bank o...
7 months ago
Technical cheat sheet: USD/JPY at the infamous 150 level
We delve into historical events to craft an overview rooted in past technical analyses and fundamental factors. Our discussion spans strategies for both conformists and contrarians across weekly and daily timeframes, highlighting essential levels to watch...
7 months ago
DAX and FTSE outperform amid US inflation concerns, European manufacturing rebounds
While US equity markets limped into the weekend on concerns over hotter-than-expected inflation data, the German and UK stock markets ended the week on a solid note. Despite a lack of AI names, the DAX has followed US equity markets to new highs in 2024,...
7 months ago
Trade of the week: long USD/JPY
(AI Video Summary) Previous S&P 500, VIX and EUR/JPY trading outcomes In this week's "Trade of the week" video, Axel Rudolph talks about his recent trading experiences and offers some advice for someone who doesn't have much experience in trading. He...
7 months ago
Bounce in EUR/USD continues while EUR/GBP slips and GBP/USD rises
EUR/USD still bounces off four-month low EUR/USD's recovery off last week's $1.0695 low is still targeting the December-to-February downtrend line at $1.0796 above which sits the 5 February high at $1.0805 which may cap again, though. While this is t...
7 months ago
Nasdaq 100: Coinbase’s share price and Q4 earnings results preview
What to expect and how to trade Coinbase’s upcoming Q4 results Coinbase Global is set to release its fourth quarter (Q4) and full-year 2023 results on 15 February 2024. The Q4 results are for the fiscal quarter ending December 2023. What is ‘The St...
7 months ago
'Bitcoin's ETF approval marks its maturity as an investment'
But, Hector McNeil, founder and CEO of HANetf, says if the pattern is repeated from the first EFT in gold two decades ago, then this is the beginning of the maturity of Bitcoin into an investment that will form part of many portfolios. He says the ‘wild w...
7 months ago
Beat the street: CPI data weighs on Fed rate-cut hopes; SEC gives Bitcoin ETFs green light; Google; Citi
The SEC has given Bitcoin ETFs the green light, so what does this mean for investors? Google cuts hundreds of jobs in Assistant, engineering, and hardware teams. Citigroup’s profit is set to take $3.8 billion hit. (AI Video Summary) CPI on deck In tod...
7 months ago
Beat the street: Netflix; J&J; GE; 3M; Halliburton
(Partial Video Transcript) Bitcoin tumbles below $40,000 level Hello, I'm Angeline Ong, and welcome to beat the street, the show that gives you all the tradeable news ahead of the Wall Street Open. Coming up, US stocks are cautioned, seen with Netflix, Ge...
7 months ago
Bitcoin ETFs given the green light
Most of these products are expected to start trading today, but the big question is what could it mean for Bitcoin? ETFs offer investors exposure to bitcoin without directly holding it. Earlier this week, analysts at Standard Chartered estimated ETFs coul...
7 months ago
Fake news drives Bitcoin close to $48k
A social media post announced the SEC had approved ETFs for Bitcoin. The message was sent to the SEC X account. Within minutes the SEC had deleted and disowned the information and said that 'as of Tuesday' it had not approved the BlackRock ETF application...
7 months ago
Coinbase shares rise on PT upgrades
(AI Video Summary) Coinbase's share price on the rise Coinbase, a leading platform for buying and selling cryptocurrencies, has recently seen a notable increase in its stock price. This means that the value of the company's shares has gone up, and it's go...
7 months ago