US Dollar Edges Lower Ahead Of Jobless Claims, Trade Data
Image Source: The US Dollar takes a step back with markets in a holding pattern towards Friday’s key NFP release. Fed Chairman Jerome Powell issued a warning on the …
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Elliott Wave Technical Analysis – PayPal Holdings Inc.
PYPL Elliott Wave Analysis Trading LoungePayPal Holdings Inc., () Daily ChartPYPL Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {v} of C.DIRECTION: Upside into wave {v}.DETAILS: Looking for a potential ending diagonal in wave …
Read More FX Options Insights – Thursday, Dec. 5
Image Source: The upcoming NFP and ECB events have set EUR/USD FX options for volatility. Implied volatility reflects the actual risk of volatility, which is a crucial component of option …
Read More Momentum, Large-Cap Growth Set To Top Factors Returns In 2024
The winners keep on winning. That sums up the horse race for much of this year based on a set of ETFs targeting the main US equity factor risk premiums. …
Read More USD/CAD Slides Back Closer To Mid-1.4000s Amid Modest USD Weakness
The pair struggles to capitalize on its weekly gains registered over the past three days and attracts some sellers during the first half of the European session on Thursday. Spot prices …
Read More Fall Of French Government Does Not Roil The Markets
Image Source: Overview: The US dollar is mostly softer today. The only G10 currency that has not gained on it today is the Swedish krona, which is nursing minor losses. Still, …
Read More Gold Analysis: Will It Continue To Rise?
Gold prices have remained relatively unchanged following Federal Reserve Chairman Jerome Powell’s comments suggesting that the US economy remains resilient. As expected, the gold price index has been trading within …
Read More Dollar General Fails To Meet EPS Expectations With Q3 Results
Image Source: Dollar General Corporation (NYSE: ) has for the third quarter of fiscal 2024, showcasing a mixed performance amidst challenging conditions. The company reported a 5.0% increase in net sales, …
Read More Mortgage Rate Headwinds, Hurricanes Take Steam Out Of U.S. New Home Market
As , October 2024’s rebound in mortgage rates helped take steam out of the U.S. new home market.The 30-year conventional fixed rate mortgage rose from 6.08% at the end of September …
Read More Two Trades To Watch: EUR/USD, USD/JPY Forecast – Thursday, Dec. 5
Image Source: EUR/USD rises despite French government collapse PM Barnier loses a vote of no-confidence, as expected Eurozone retail sales fall -0.5% MoM EUR/USD trades caught between 1.0450 and 1.06 …
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