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Financial

GBP/JPY Trades Above 194.00 After Recovering Recent Losses, US CPI Eyed

December 11, 2024 - by - Leave a Comment

 Photo by  on     GBP/JPY recovers daily losses ahead of the US inflation report. The JPY depreciates due to uncertain expectations for BoJ’s further rate hikes. The Pound Sterling receives support …

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Financial

FX Daily: What Today’s BoC Decision May Mean For The Fed And The Dollar

December 11, 2024 - by - Leave a Comment

Image Source:   The dollar has come back bid this week. Any upside surprise to today’s US November core CPI number would trigger another leg higher in the dollar – as would …

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Financial

MicroStrategy And Its Convertible Debt Scheme

December 11, 2024 - by - Leave a Comment

MicroStrategy () stock is soaring alongside Bitcoin. In the wake of extreme confidence, we fear many MicroStrategy investors fail to grasp the inherent risks with its unique convertible bond funding …

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Financial

EUR/USD Slides On ECB Dovish Bets, Firm US Dollar Ahead Of US Inflation

December 11, 2024 - by - Leave a Comment

EUR/USD tests region below 1.0500 as the Euro (EUR) weakens, weighed by expectations of further ECB interest-rate cuts. The ECB is expected to cut its Deposit Facility rate by 25 …

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Financial

BTC/USD Forex Signal: Bitcoin Rally Hits A Barrier

December 11, 2024 - by - Leave a Comment

Bearish View Sell the BTC/USD pair and set a take-profit at 93,500. Add a stop-loss at 96,500. Timeline: 1-2 days. Bullish View Set a buy-stop at 96,000 and a take-profit …

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Financial

Sensex Today Trades Flat; PNC Infratech Rallies 10%

December 11, 2024 - by - Leave a Comment

Asian shares inched higher as traders await key US inflation data for clues on whether the Federal Reserve will cut or hold interest rates next week. The dollar snapped a …

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Financial

US CPI And Bank Of Canada Decision

December 11, 2024 - by - Leave a Comment

Image Source:   The ongoing political struggles in Germany and France, along with expectations for an ECB rate cut and more dovish leaning communication at tomorrow’s meeting have kept the Euro …

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Financial

Forex Today: Uptick In US Inflation Expected Today

December 11, 2024 - by - Leave a Comment

Image source:   Markets will be closely watching the release of US CPI (unemployment) data today. The USA will see the release of highly important inflation data today which will show …

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Financial

Elliott Wave Technical Analysis – Binance Crypto Price News

December 11, 2024 - by - Leave a Comment

Elliott Wave Analysis TradingLoungeBinance/ U.S. dollar(BNBUSD)BNBUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Flatposition: Wave ADirection Next higher Degrees: wave (2)Wave Cancel invalid level:Details: Retracement of wave A before Pull-back in wave B.Binance/ …

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Financial

Bean Mania: Arabica Coffee Hits New High, Cocoa Jumps To 7-Month High

December 11, 2024 - by - Leave a Comment

Photo by  on Cash-strapped US consumers should be deeply concerned about rising food inflation. It’s ‘stickier’ than ever as coffee and cocoa prices surge.Arabica coffee futures in New York hit a record …

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