Blogs

<p>The USDJPY has seen up-and-down price action today, and in the process, traded above and below its 100-hour MA at 144.26. </p><p>The most recent run has been to the upside and with that move, the price has moved back above the 100-hour MA. So going into the new trading day, the buyers are holding a […]

<p>The price of crude oil futures are settling at $72.24. That is up $1.47 or 2.08%. The high price reached $72.93. The low price was down at $70.47. Yesterday, the price tumbled -4.12%. The gains today erased some of those declines. </p><p>Looking at the hourly chart above, the price traded above and below its 100 […]

<p>The FAA is out saying:</p><ul><li>Every Boeing 737 Max 9 with plug door will remain grounded until agency finds each can safely return to service</li><li>Boeing is revising initial version of instructions for 737 Max 9 inspections and maintenance.</li><li>FAA says after it receives a revised versio

<p>The trading week has been ablaze with action, with commodities taking the center stage. Among them, Natural Gas has been a shining star, posting a staggering +31.66% gain over the week. Here's a breakdown that combines both daily and weekly stats, making for an exciting and informative read:</p><p>

<p>TD Securities provides insights into positioning strategies in the G10 foreign exchange market, focusing on the early 2024 trend of market consolidation and highlighting potential tactical opportunities.</p><p>Key Insights:</p><ol><li><p>Theme of Early 2024 – Consolidation:</p><ul><l

<ul><li>High-yield</li><li>WI level at the time of the auction 4.116%</li><li>tail -1.1 basis points versus 6-month average of 0.4 basis points</li><li>Bid to cover 2.67X vs 6-month average of 2.70X </li><li>Dealers 17.9% versus 6-month average of 17.7% </li><li>Directs 16.8% v

<p>The U.S. Treasury will auction off a $52 billion of three-year notes at the top of the hour. The auction is the first of three coupon options this week. Tomorrow the treasury will auction off 10-year bonds and on Thursday they will auction off 30-year bonds:</p><p>The major component details from the last auction along with [&h

<ul><li>Barring any surprises, 2024 will be the year of our first rate cut.</li><li>Our decision will be based on data</li><li>ECB will not be stubborn, we won't be rushed.</li><li>We will cut rates this year when inflation expectations are solidly anchored at 2%</li></ul> This articl

<p>In this video, I take a look at the NZDUSD from a technical perspective. Unfortunately, the ups and downs in the currency pair this week are suggestive of the "market" unsure of the directional bias. There is just a lot of ups and downs.</p><p>What can be determined is that the low-price reached over the last [&hellip

<p>The Nasdaq index has now erased its -127 point decline and trades positive on the day. </p><p>The index is currently up 12.74 points or 0.09% at 14857. The rise puts the price closer to its 100-hour moving average at 14876.83. A break above the 100-hour moving average would be a positive tilt.</p><p> Recall from Tue