The yield on the benchmark 10-year U.S. government bond has dropped to its lowest level since mid-2023, as traders now price in a nearly 100% probability of a 50-basis point rate cut by the Federal Reserve in October. This overshadowed Tuesday's...
Hello traders, welcome to a new post on the Forex blog. In this article, we will look at the short-term Elliott wave analysis of AUDUSD. We believe that the forex pair is still in a bearish correction cycle since the end of September 2024. So the...
EURUSD TRADE UPDATE 17 10 24 \/ Trade Closed with a SOLID GAIN. Previous Post: Trade Close Summary. PARTNER WITH ME. SUBSCRIBE TO MY TRADING. JOIN ME CONTACT CHANNELS: SKYPE: cid.4420e75e7a4b7bc7 Or SKYPE USERNAME: Hump DD EMAIL:...
Federal Reserve Bank of San Francisco President Mary Daly has stressed the importance of a gradual approach to reducing borrowing costs, according to recent statements reported by the Financial Times. Similarly, Chicago Fed President Austan Goolsbee...
West Texas Intermediate (WTI) oil faces increasing pressure due to slowing demand from China, the world's largest oil consumer. China's economy continues to grow at a sluggish pace, and recent data showed that its manufacturing activity hit a...