China’s forex market stable in November
China’s foreign exchange market remained stable in November, with foreign-related economic activity continuously active, according to the State Administration of Foreign Exchange (SAFE) on Monday. China’s commercial…
CAC 40 Forecast Today 16/12: Struggles Near 7,400 (Video)
Created on December 16, 2024 The Parisian index initially tried to rally a bit during the trading session on Friday, but then turned around to show signs…
Dax Forecast Today 16/12: Builds Pressure (Video)
Created on December 16, 2024 The German index initially did rally a bit during the course of the trading session on Friday, but the 20,500 euros level…
Markets brace for latest Fed rate call
The US Dollar eased slightly as investors pivot toward the Federal Reserve’s (Fed) latest rate call due in the middle of the week. Sentiment is riding on…
AUD/USD Signal Today – 16/12: AUD/USD Support (Chart)
Created on December 16, 2024 Bearish View Sell the AUD/USD pair and set a take-profit at 0.6285. Add a stop-loss at 0.6435. Timeline: 1 day. Bullish View…
Silver Forecast Today – 16/12: Silver Drops Hard (Chart)
Created on December 16, 2024 In my daily analysis of the silver market, the first thing I see is that we did in fact fall rather viciously…
GBP/USD Signal Today – 16/12: Bullish H&S Setup (Chart)
Created on December 16, 2024 My previous GBP/USD signal on 3rd December was not triggered, as none of the key levels which I had identified were reached…
Chinese banks report forex settlement surplus in November
China’s commercial banks saw a forex settlement surplus of 3.5 billion U.S. dollars in November, official data showed Monday. Forex purchases by banks reached 204.4 billion U.S….
Market Year Wrap 2024: Key Highlights and Outlook for 2025
The year 2024 has been a transformative period in the global financial markets, characterised by a mix of challenges and opportunities. Inflation battles, monetary policy shifts, economic…
IG US Bucks Trend in Sluggish Forex Trading Market
FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution…