Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
The Canadian dollar, the loonie, has lost luster in recent weeks as analysts have scaled back their near-term forecasts. The reasons for this are the ailing Chinese economy and rising interest rate differentials between the USA and Canada. China’s economic growth is slowing as policymakers try to address the property market downturn. Canada is a…
Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
German industrial orders fell surprisingly sharply in July, posting an 11.7% month-on-month decline, according to the Federal Statistical Office. Analysts had expected a decline of 4.0%. The decrease was mainly attributed to the previous month’s increase in the aerospace sector. New orders in June were up unexpectedly, indicating the volatile nature of the order situation.…
Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
Despite the positive US Nonfarm Payrolls, the US dollar has already been under pressure since Thursday. The higher-than-expected unemployment rate could be just one of the reasons. Against the Japanese yen, the U.S. dollar, which slipped more than 1.2% at times on Friday, was able to trade slightly higher again as of today’s Monday. However,…
Shanghai, August 23, 2023 – Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961), a leading global travel services provider, plans to release its second quarter 2023 financial results on September 4, 2023 after market close. Trip.com Group offers a full range of travel products and services, including hotel reservations, transportation ticket bookings, package tours and business…
Greetings! These are the forex levels I have in mind for a possible entry today. The levels are not intended as a trading recommendation, but rather as a guide for intraday/swing traders. The economic data listed can generate new momentum and should therefore be taken into account. I wish you a successful trading day! Rico…
The highly anticipated U.S. Nonfarm Payrolls were released at 2:30 p.m. today and surprised the markets positively. Instead of the expected 170,000 new jobs, 187,000 were reported. This is an important indicator of the strength of the U.S. economy because it captures the change in employment over the previous month, excluding agricultural jobs. The reaction…
