Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so:
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Mortgage rates hit 1-year lows! Buyers eye leverage, but many wait for further drops. Refi opportunities abound.
Australia flash manufacturing PMI (October) drops to 49.7 (from 51.4 in September) Services contrast with a solid rise, to 53.1 in October (Prior 52.4)
US debt hits $38T, fastest $1T climb outside pandemic. Credit downgrade risks loom as Congress faces scrutiny.
UBS Sees EUR/CHF rising to 0.94 as the probability of SNB intervention gains UBS forecasts the euro will rally to 0.94 against the franc, driven by expected SNB intervention to weaken the 'safe-haven' currency.
BNB jumps 4.7% to $1115 on CZ pardon news; WLFI +15.2%, AND4 +32%. Traders eye crypto's risk-on rally.
Dow Transports (-1.9%) dump, but SOX (+2.5%) and Nasdaq (+0.8%) rally. Industrials (+0.3%) gain.
Gold plunges 5% on debasement fears fading; Bitcoin also dumps. Wall Street sees next boom.
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