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Category: Finance Tech


Finance Tech, Trading

3 Trading Exit Strategies – How to Exit a Profitable Trade

September 30, 2022

Via: DailyFX

FOREX EXIT STRATEGY #1: TRADITIONAL STOP/LIMIT (USING SUPPORT AND RESISTANCE) One of the best ways to keep emotions in check is to set targets (limits) and stops at the same time the trade is entered into. This is a much […]


Finance Tech, Liquidity

Pound stabilizes but turmoil continues for UK economy

September 27, 2022

Via: ABC News

The British pound stabilized in Asian trading on Tuesday after plunging to a record low a day earlier, as the Bank of England and the British government tried to soothe markets nervous about a volatile U.K. economy. The instability began […]


Finance Tech, Trading

World shares mostly gain after Dow tumbles into bear market

September 27, 2022

Via: ABC News

World shares were mostly higher on Tuesday as buying kicked in after heavy selling on Wall Street put the Dow Jones Industrial Average into what’s known as a bear market. U.S. futures and oil prices gained. In early European trading, […]


Finance Tech, Liquidity

Euro Price Forecast: EUR/USD Looks to Test 20-Year Lows, Central Bank Speakers in Focus

September 27, 2022

Via: DailyFX

EURO FUNDAMENTAL BACKDROP The euro found some support this Tuesday after a poor performance against the greenback yesterday. The euro remains vulnerable to downside risk as fundamental headwinds significantly outweigh any sort of positivity at the moment as the eurozone […]


Finance Tech, Trading

World shares mixed; British pound slides on tax cut concerns

September 26, 2022

Via: ABC News

Global shares were mixed Monday while the British pound declined to an all-time low against the U.S. dollar on concerns over planned tax cuts. France’s CAC 40 rose 0.2% in early trading to 5,795.88, while Germany’s DAX added 0.2% to […]


Finance Tech, Trading

Global stocks slide for 3rd day on economic growth fears

September 23, 2022

Via: ABC News

Global stocks fell for a third day Friday after more rate hikes by the Federal Reserve and other central banks to control persistent inflation spurred fears of a possible global recession. London and Frankfurt opened lower. Shanghai, Hong Kong and […]


Finance Tech, Liquidity

Gold Price Outlook – Struggling to Make Any Headway, Further Downside Beckons

September 23, 2022

Via: DailyFX

Gold has been stuck in a rut for the last week with any attempted break higher met with more forceful opposition. Gold is battling higher US Treasury yields, especially in the interest-rate sensitive short-end, that continue to dull the allure […]


Finance Tech, Liquidity

NZD/USD Trades at Critical Support as APAC Traders Prepare for Bank of Japan

September 22, 2022

Via: DailyFX

Thursday’s Asia-Pacific Outlook The US Dollar surged higher against its major peers during New York trading hours. The Federal Open Market Committee (FOMC) announced a 75-basis point rate hike and updated its growth and inflation forecasts. The FOMC’s Summary of […]


Finance Tech, Trading

Global shares decline ahead of Fed decision on rates

September 21, 2022

Via: ABC News

Global shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve to try to tamp down the highest inflation in decades. France’s CAC 40 fell nearly 0.1% in early trading […]


Finance Tech, Liquidity

Silver Price Forecast: Clinging to Downtrend Ahead of FOMC – Levels for XAG/USD

September 20, 2022

Via: DailyFX

WAITING ON POWELL Like most other assets this week, silver prices have seen subdued price action in the run-up to the September Fed meeting. Questions remain over whether or not Fed Chair Jerome Powell and the FOMC will deliver a […]


Finance Tech, Trading

Asia shares rise on US rally ahead of expected Fed rate hike

September 20, 2022

Via: ABC News

Asian shares mostly rose Tuesday, after Wall Street closed higher on a late buying spree following recent losses as investors await another interest rate increase by the U.S. Federal Reserve. Markets have been jittery over whether the Fed’s plan to […]


Finance Tech, Liquidity

Euro Price Forecast: Shocking German PPI Data Unable to Deter EUR Upside

September 20, 2022

Via: DailyFX

EURO FUNDAMENTAL BACKDROP The euro has managed to pull itself above parity once more against the greenback despite quite shocking German PPI data for August (see economic calendar below). EUR/USD ECONOMIC CALENDAR Looking at the PPI comparison with and excluding […]


Finance Tech, Trading

Asian shares slip lower following broad decline on Wall St

September 19, 2022

Via: ABC News

Asian shares fell Monday after another week of sizable losses on Wall Street, as investors braced for another interest rate hike by the U.S. Federal Reserve. Japan’s markets were closed for a holiday. Oil prices rose while U.S. futures declined. […]


Finance Tech, Liquidity

Gold Price Softens Ahead of a Busy Week with Fed, BoE, SNB and BoJ Meetings

September 19, 2022

Via: DailyFX

Gold slipped again today as the US Dollar found some traction with Treasury yields maintaining lofty levels going into a busy week for central banks. The non-yielding precious metal is below us$ 1,670 at the time of going to print. […]


Finance Tech, Liquidity

GBP Price Forecast: Sterling Slumps Ahead of BoE, Fed and SNB Meetings

September 16, 2022

Via: DailyFX

Can a ‘Neutral’ SNB Provide Sterling with a Reprieve? The latest comments from the Swiss National Bank (SNB) appear to be rather balanced ahead of Thursday’s rate setting meeting. SNB Governing Board member Andrea Maechler commented earlier this month that […]


Finance Tech, Trading

Global stocks, Wall St futures lower amid inflation pressure

September 16, 2022

Via: ABC News

Global stocks and Wall Street futures fell Friday after higher-than-expected U.S. inflation dashed hopes the Federal Reserve might back off plans for more interest rate hikes. London and Frankfurt opened lower. Shanghai, Tokyo and Hong Kong retreated. Oil prices declined. […]


Finance Tech, Trading

World shares mostly higher after wobbly gains on Wall St

September 15, 2022

Via: ABC News

World shares were mostly higher on Thursday after a wobbly day of trading yielded modest gains on Wall Street. Germany’s DAX added 0.4% to 13,075.05 while the CAC 40 in Paris edged 0.1% higher to 6.230.03. Britain’s FTSE 100 climbed […]


Finance Tech, Liquidity

Gold Price Forecast: XAU/USD Back Below $1700 on Fed Rate Hike Expectations

September 15, 2022

Via: DailyFX

XAU/USD FUNDAMENTAL BACKDROP Gold looks to test July swing lows today after yesterday’s U.S. inflation ‘hangover effect’ seems to have dissipated. The U.S. dollar is bid once more weighing negatively on bullion due to renewed market anticipation of a large […]


Finance Tech, Liquidity

Euro Price Forecast: Fed to Out-Hawk ECB Leaving EUR Exposed

September 14, 2022

Via: DailyFX

EURO FUNDAMENTAL BACKDROP Yesterday’s U.S. inflation beat so global markets reverse expectations around a less aggressive Federal Reserve bringing the EUR/USD currency pair all the way back below parity. The previous hawkish meeting by the European Central Bank (ECB) was […]


Finance Tech, Trading

Global stocks gain ahead of US inflation report

September 13, 2022

Via: ABC News

Global stocks and Wall Street futures were higher Tuesday ahead of data traders hope will show that surging U.S. inflation eased in August, reducing pressure for more interest rate hikes. London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong […]