1 FX option expiries for 29 October 10am New York cut By www.forexlive.com Published On :: Tue, 29 Oct 2024 04:33:47 GMT There is just one to take note of on the day, as highlighted in bold.It's the same one for EUR/USD as seen yesterday, at the 1.0800 level. The expiries today are relatively large and could provide a draw/magnet for price action in the session ahead. That could very well keep the price range more limited, alongside key near-term levels.The 200-hour moving average, seen at 1.0820 currently, is still providing a ceiling for any upside extensions. And price action is trading narrowly in between that and the 100-hour moving average, seen at 1.0803 currently. So, the expiries at 1.0800 adds to some pull in and around those levels.That until they roll off later in the day or we get a key catalyst of sorts, which isn't likely given the lack of items on the economic calendar until US trading.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 FX option expiries for 30 October 10am New York cut By www.forexlive.com Published On :: Wed, 30 Oct 2024 04:39:56 GMT There are just a couple to take note of on the day, as highlighted in bold.And they are both for EUR/USD at the 1.0775 and 1.0850 levels. The expiries are sandwiching the spot price at the moment with price action this week largely contained in between 1.0780 through to 1.0825. As such, the expiries will add to those defensive layers on either side.That being said, the euro side of the equation will come into focus with plenty of CPI and GDP data in the day(s) ahead. So, just be wary of that.In terms of technicals, the pair is consolidating somewhat after testing the August low of 1.0777. Buyers are holding on somewhat with the near-term chart also reflecting that, with price action now just above its 100 and 200-hour moving averages of 1.0809-15. But I would argue getting above the Friday high of 1.0839 will do more to convince of a potential turnaround for buyers. So, keep that in mind as well.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 FX option expiries for 31 October 10am New York cut By www.forexlive.com Published On :: Thu, 31 Oct 2024 05:07:54 GMT There are a couple to take note of, as highlighted in bold.The first one is for EUR/USD at the 1.0850 level and that is likely to limit price action until we get to the euro area inflation data later. The numbers there offers a risk to the single currency, but there is also still a ceiling from the 200-day moving average at 1.0868. That will be a key technical level to watch in the day ahead.Then, there is one for USD/CHF at the 0.8650 level. With price action holding below the 100-day moving average of 0.8677 in the past few days, the expiries here could keep things more locked in until traders feel comfortable to chase the next key technical push in the pair. Just be wary that there is another large set of expiries at the same level for tomorrow too.And lastly, there is one for EUR/GBP at the 0.8350 level. It isn't one that holds much technical significance but could offer a bit of a floor to price action after the rise yesterday, in which the pound was dragged down amid the UK budget while the euro perked up on CPI and GDP data.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 FX option expiries for 01 November 2024 at the 10am New York cut By www.forexlive.com Published On :: Fri, 01 Nov 2024 03:08:53 GMT Justin is away for today. This is my sad imitation of his awesome option expiry post ;-) Justin will be back on Monday. EUR/USD 1.0900 (EUR1.1bn), 1.0840 (EUR863m)USD/CAD 1.3940 (US$693m), 1.3885 (US$650m), 1.3900 (US$457m)GBP/USD 1.2900 (GBP638m), 1.2850 (GBP600.4m), 1.2800 (GBP490m)AUD/USD 0.6700 (AUD451m)NZD/USD 0.6100 (NZD720m)USD/CNY 7.1500 ($854m)EUR/GBP 0.8340 (EUR719m), 0.8400 (EUR328m), 0.8200 (EUR305m)For more information on how to use this data, you may refer to this post here. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article Forex Orders
1 FX option expiries for 4 November 10am New York cut By www.forexlive.com Published On :: Mon, 04 Nov 2024 05:43:25 GMT There are a couple to take note of on the day, as highlighted in bold.The first one is for EUR/USD at the 1.0900 level. The figure level isn't one that holds any technical significance but the expiries could well help to box in price action in the session ahead. That without much fresh headlines involving the US election in the meantime. However, with the dollar under pressure, there is still a chance of European traders following through on the earlier price action. So, that's something to be wary about.Then, there is one for AUD/USD at the 0.6600 level. The expiries are pretty huge and sits near the 200-hour moving average of 0.6599 currently. But the pair is largely driven by dollar dynamics to start the week, with the greenback opening with a gap down on US election sentiment. That is still the key driver to watch in the session(s) ahead but just note of the 200-day moving average at 0.6627 for the pair. That will be the bigger key level to watch on the charts for now.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 FX option expiries for 5 November 10am New York cut By www.forexlive.com Published On :: Tue, 05 Nov 2024 04:41:59 GMT There are just a couple to take note of, as highlighted in bold.And they are for EUR/USD at the 1.0850 and 1.0900 levels. Considering the focus on the US election, this will keep price action more boxed in going into European trading and before we get to the election rush later in the day.Besides that, market sentiment will be largely driven by election headlines over the next few sessions more so than anything else.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 FX option expiries for 6 November 10am New York cut By www.forexlive.com Published On :: Wed, 06 Nov 2024 06:32:23 GMT There is just one to take note of on the day, as highlighted in bold. But on a day like this, the influence of the expiries is far from the first thing in driving or impacting trading sentiment. It's all about the US election and the momentum flows riding from the results and emotions. As such, I wouldn't place much emphasis on the large one at 1.0725 currently for EUR/USD.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 FX option expiries for 7 November 10am New York cut By www.forexlive.com Published On :: Thu, 07 Nov 2024 05:52:15 GMT There are a couple to take note of, as highlighted in bold.They are both for EUR/USD at the 1.0725 and 1.0775 levels. To some degree, the expiries might just lock price action in between these levels but it's all about post-election sentiment now. And momentum flows will be the key driver of the moves, in particular the dollar. For now though, the greenback is seeing a slight pullback to yesterday's gains. So, the ones at 1.0775 could help to just keep a lid on things until we get to US trading at least.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 FX option expiries for 8 November 10am New York cut By www.forexlive.com Published On :: Fri, 08 Nov 2024 05:51:32 GMT There are just a couple to take note of on the day, as highlighted in bold.And again, they are all for EUR/USD layered in between 1.0750 through to 1.0800. Post-election sentiment is still the name of the game in driving FX flows now, so the expiries are just secondary drivers alongside everything else at the moment. That being said, they could play a role in keeping price action more boxed in until we get to US trading again later.There aren't any key risk events on the calendar to really impact EUR/USD sentiment. So, it's all about how the post-election flows will settle as we look towards the end of the week.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 FX option expiries for 11 November 10am New York cut By www.forexlive.com Published On :: Mon, 11 Nov 2024 05:27:00 GMT There is just one to take note of, as highlighted in bold.That being for EUR/USD at the 1.0700 level. The daily lows last week were held by the figure level, so the expiries will add another layer to that as we get the new week underway at least. With the bond market absent to start the week, there might not be too much appetite for traders to chase any outsized moves.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 FX option expiries for 12 November 10am New York cut By www.forexlive.com Published On :: Tue, 12 Nov 2024 04:55:36 GMT There are just a couple to take note of on the day, as highlighted in bold.And they are both for EUR/USD at the 1.0600 and 1.0625 levels. The pair is being pressured to the downside, touching its lowest levels since April now as the dollar continues to rampage forward. As such, that will put added emphasis on key support from the April low of 1.0601. The expiries above will just add a bit of a defensive layer as well, at least for the session ahead.There will also be another notable one at 1.0600 for tomorrow, so just keep that in your back pocket in case. But for now, the post-election dollar sentiment continues to be the number one driver.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 Crude oil is down $-2.20 or -3.12% at $68.20. Lowest level since October 30 By www.forexlive.com Published On :: Mon, 11 Nov 2024 15:35:08 GMT The price of crude oil is trading down $-2.20 or -3.12% at $68.20. That's the lowest level since October 30.The price reached a peak on Thursday at $72.84. That the price briefly above its 38.2% retracement of the move down from the July high at $72.59. However on Friday, the price fell below its 100-hour moving average near $71.50 and in trading today, fell and stayed below its 200-hour moving average at $70.52. It would take a move back above the 200-hour moving average to hurt the bearish bias.On the downside, the price is approaching a swing low going back to October 18 at $68.13. Move below that level and traders will start to look toward a rising trendline near $68.10. The low price from October 29 comes near $66.69.Meanwhile, gasoline prices in the US are down -11.36% on the year at $3.19 (average price for all grades of gasoline). Prior to Covid, the price was around $2.78. The low at the depth of Covid reached $1.87. The current level is near the lows from the end of 2023 and start of 2024 near $3.17.Retail Gasoline prices for all grades of gasoline Last week, the preliminary Michigan consumer sentiment index rose to 73.0. With gas prices continuing to move lower and the Trump victory, what will that do to sentiment? The high for the Biden administration reached 86.5 with the low at 50.2 in June 2022. That corresponded with the high in gasoline prices. This article was written by Greg Michalowski at www.forexlive.com. Full Article Technical Analysis
1 USDCAD moves lower after testing ceiling area between 1.3945 and 1.3958 By www.forexlive.com Published On :: Mon, 11 Nov 2024 17:56:47 GMT The USDCAD has backed backs off from ceiling area again. That area comes between 1.3945 and 1.3958. The subsequent move to the downside has the pair heading toward 200 and 100-hour MA support targets at 1.39054 and 1.3898 respectively (green and blue lines on the chart below). A move below that level would target the rising 100 bar moving average on the 4-hour chart at 1.38784. Last week the price fell below that moving average line on two separate occasions only to fail and bounce back to the upside.If the price were to get above the ceiling area, the 2022 high price comes in at 1.3977. Get above that and the price is trading at the highest level since 2020. USDCAD SummaryThe USDCAD is trending upward, approaching a key swing area between 1.3945-1.39581.Key Levels:Resistance1.3945 to 1.3958. Swing highs over the last 7 trading days (from swing highs from Oct 31, Nov 1, 6, and 7.1.3977 (2022 high)Support1.3905 - 200-hour MA)1.3898 Rising 100-hour MAOutlook:Break above 1.3977 targets highest level since 2020.Move below 1.3905 and rising 100-hour MA favors sellers.Otherwise, buyers maintain control, pushing for new highs. This article was written by Greg Michalowski at www.forexlive.com. Full Article Technical Analysis
1 What technical levels are in play to start the NA trading day for November 12 By www.forexlive.com Published On :: Tue, 12 Nov 2024 13:19:15 GMT As the North American session begins, the bond traders return after a day off in observance of Veterans Day. Yields are higher to start their trading week with the 2 year up 6.5 basis points at 4.319% and the 10 year up 6.3 basis points at 4.371%. The 2 year yield has moved to a new high going back to July 31 today (4.336%). For the 10 year, it traded as high as 4.773% last week, but fell into Friday with the low reaching 4.558% before bouncing modestly on Friday. That upside has reached 4.64% today - off the low but below the high from last week. Bitcoin moved to a high of $89,983 today - a new record - but has come off and trades at $86,430 currently. The low reached $85208 today in volatile trading. Oil is higher after falling over 3% lower yesterday. The price is up 43% or 0.64% at $68.52 currently. The high reached $68.76 and a low at $67.78. Gold is down another $11 or -.045% at $2607.28. The low reached $2589.80 before bouncing.In the US stock market, the major indices are marginally higher after record closes across the three major indices. The Russell 2000 which has not reached a high since July 2021 got within shouting distance of it record at 2437.08. The high yesterday reached 2441.72. The Dow futures are imploring a gain of 78 points. The S&P is up 1.65 points and the Nasdaq index is now up 7.91 points.There will be several Fed speakers today with Governor Waller, Minneapolis Fed Pres. Kashkari, Philadelphia Fed Pres. Parker, and Richmond Fed Pres. Barkin all scheduled to speakECB policymaker Olli Rehn emphasized that while the direction of the ECB’s monetary policy is clear, the pace of any changes will be data-dependent. The economic outlook, impacted by a struggling manufacturing sector, has deteriorated. Rehn suggested that if disinflation continues, it could support additional rate cuts, with the ECB potentially moving away from restrictive policy territory by spring 2025. He warned against protectionism, noting that tariffs would have a medium-to-long-term impact and are inherently inflationary. With growth in the euro area expected to remain sluggish and downside risks prevalent, Rehn awaits the December projections for a clearer assessment of the economic landscape.EURUSD: The selling in the EURUSD continue as a less friendly US with Pres. Elect Trump, spell slower growth with increased tariffs the concern. Technically, the price initially moved higher in the Asian session but found willing sellers near the low of the swing area between 1.0663 and 1.06703. That was swing lows in June 2024. Staying below kept the sellers in control, and they pushed lower. The price has since moved down to a low of 1.0606 which tests the lows from April when a series of swing lows bottomed the pair. Those levels are also the lows for the year (going back to October 2023).USDJPY: The USDJPY rose yesterday and then stalled in the US session between 153.59 to 153.88 (swing area). Recall, the 153.88 level was a swing high from July 31. The highs from October 28 and October 29 was at 153.88 too. Today, the price moved lower and below the swing area low, BUT found support at the 61.8% of the move down from the July high. That level comes in at 153.397. Going forward, that hold increases that technical levels importance as support. Move below would increase the bearish bias in the short term at least. On the topside, the price has now moved back above the 153.88 level (bullish). If the price can stay above that level now, that would be the most bullish technical scenario as buyers show their strength on the break. On the topside, the 154.54 up to 155.09 would be the next target area to stretch towards. Get above that area over time, and it adds to the bullish bias. Buyers making a play. Can they keep the momentum going?GBPUSD:The GBPUSD fell below the lows from the last 2 weeks (last week low was at 1.28329) and sellers jumped, pushing the price through the 200 day MA at 1.28178. The breaks are more bearish and the low price reached 1.27915 and has bounced. The price has traded above and below the 200-day MA at 1.28179, but has so far stayed below the low from last week at 1.28329. If the price moves back above that level and momentum back to the upside is able to get above 1.2844 and the 50% of the move up from the April low at 1.2866, the buyers are showing some strength and the sellers will start worrying about the failures more and more. Conversely, if the price can stay below the 1.2832 and 1.2844 that keeps the sellers confidence high, but gettng below the 200-day MA is still required again. The price is currently trading near the 200-day MA but remains below 1.28329. USDCHF: The USDCHF extended above the 200 day MA at 0.88176 and also a swing area from 0.88187 to 0.8825. That was a bullish move and the price moved to a high of 0.88303 but failed. The price is back below the 200 day MA and swing area. The price is trading near 0.8800 (0.8802 is the low). ON the downside the 50% is at 0.87986. If that is broken, then the swing area, the 200 day MA and the 50% failed. That should give buyers cause for pause as the buyers had their shot, and they missed. But the price still needs to get below 50%. This article was written by Greg Michalowski at www.forexlive.com. Full Article Technical Analysis
1 EURUSD pushes against the 2024 low at1 1.0601 By www.forexlive.com Published On :: Tue, 12 Nov 2024 15:53:38 GMT The EURUSD is pushing against its 2024 low at 1.0601. A break below that level would open the door for further downside momentum. A move to new laws would take the price to the lowest level since November 2, 2023.There is not a lot support technically until a swing area near 1.05158 and 1.05316. This article was written by Greg Michalowski at www.forexlive.com. Full Article Technical Analysis
1 GBPUSD stretches toward 61.8% retracement By www.forexlive.com Published On :: Tue, 12 Nov 2024 16:46:03 GMT The USD is moving higher. The EURUSD is against the 2024 low at 1.0600.The USDJPY is trading to new highs and has entered into a swing area between 154.54 in 155.09. The high price last week reached 154.704 and is the next upside target.For the GBPUSD it is trading to new lows and moving away from it's broken 200 day moving average at 1.28178 broken earlier today. A new low is being made as I type at 1.27347. That low is just above the 61.8% retracement of the move up from the April 2024 low at 1.27322. Break below that retracement level and traders will be looking toward a swing area between 1.2665 and 1.2685 as seller add to their run to the downside.If buyers lean against the retracement level and move higher, getting back above 1.2777 is needed for the buyers to have some comfort for more upside probing. Absent that and the sellers are more in control. Ultimately, a move back above the 200-day moving average at 1.28178 is needed to scare the sellers into buying.Sellers are pushing, but the 61.8% retracement is now in the way and being tested. Will profit takers enter here against the risk defining level or will the sellers make another push to the downside? This article was written by Greg Michalowski at www.forexlive.com. Full Article Technical Analysis
1 US 10 year yield looks to close at the highest level since July 1 By www.forexlive.com Published On :: Tue, 12 Nov 2024 18:21:18 GMT The high yield close for the 10-year note last week reached 4.433%. The current yield is currently at 4.4315%, up 12.3 basis points. A close above would be the highest close going back to July 1, 2024 when the close came in at 4.465%. This article was written by Greg Michalowski at www.forexlive.com. Full Article Technical Analysis
1 Trade ideas thread - Wednesday, 13 November, insightful charts, technical analysis, ideas By www.forexlive.com Published On :: Tue, 12 Nov 2024 20:59:39 GMT 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: This article was written by Eamonn Sheridan at www.forexlive.com. Full Article News
1 Economic calendar in Asia - Wednesday, November 13, 2024 - Fed speaker By www.forexlive.com Published On :: Tue, 12 Nov 2024 20:59:46 GMT There were numerous Fed speakers on Tuesday, US time:Fed's Kashkari: The fundamentals seems strong and I'm optimistic that will continueFed's Barkin: Fed in position to respond appropriately regardless of how economy evolvesFed's Waller: Makes no comments on economy or monetary policy outlookand we get one more today in Asia:2200 GMT / 1700 US Eastern time - Federal Reserve Bank of Philadelphia President Patrick Harker speaks on "Fintech, AI and the Changing Financial Landscape". Which doesn't sound too promising for remarks from him on the economy or monetary policy. But, perhaps we'll get a mortsel thrown to us in any Q&A. ***As for the data agenda, it's a bit of a yawn, none of it likely to move around major FX upon release. From Japan we'll get an update of wholesale inflation - the PPI for October. The Producer Price Index (PPI) in Japan is also known as the Corporate Goods Price Index (CGPI)its a measure of the average change over time in the selling prices received by domestic producers for their outputis calculated by the Bank of JapanUnlike the Consumer Price Index (CPI), which measures the price change that consumers see for a basket of goods and services, the CGPI focuses on the change in the prices of goods sold by companies.The PPI reflects some of cost pressures faced by producersits based on a basket of goods that represents the range of products produced within the Japanese economy, including items such as:raw materials like metals and chemicalssemi-finished goodsand finished productsdifferent weights are assigned to each category within the index based on its contribution to the overall economy.it does not account for the quality improvements in goods and services over time, which might lead to overestimation of inflationadditionally, it reflects only the prices of domestically produced goods, leaving out the impact of imported goodsThe PPI can be used as a guide to inflationary pressures in the economy:If producers are facing higher costs, they may pass these on to consumers, leading to higher consumer prices.***From Australia we'll get wages data for Q3. Wage growth is expected to keep slowing (y/y) in Q3 2024. With the labor market softening, upward pressure on wages has been easing over recent quarters. In Commonwealth Bank of Australia's preview they cite their internal data as indicating a quarterly wage growth of around 0.9%, a notable decrease from the 1.3% growth seen in the same quarter last year, which had been boosted by a significant 5.75% increase in award and minimum wages. As a result, the annual wage growth rate is projected to fall to 3.6%, bringing it closer to a level compatible with sustainable, in-target inflation.While the labour market softening, but from strong levels, the RBA is eyeing wage growth as a factor helping keep inflation sticky. A moderation in growth for wages will be welcomed by the bank if it translates into softening price pressure also. This snapshot from the ForexLive economic data calendar, access it here.The times in the left-most column are GMT.The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where there is a number, is the consensus median expected. I’ve noted data for New Zealand and Australia with text as the similarity of the little flags can sometimes be confusing. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article News
1 Forexlive Americas FX news wrap 12 Nov: Bitcoin hits $90K. Stocks fall. USD moves higher. By www.forexlive.com Published On :: Tue, 12 Nov 2024 22:06:22 GMT US indices close lower on the day. No new records today.Bitcoin trades above $90,000 for the first time. It broke the $80,000 level on MondayUS CPI to be released tomorrow at 8:30 AM. Expectations are for 0.2% MoMIt's not a pretty picture in ChinaFed's Kashkari: The fundamentals seems strong and I'm optimistic that will continueBofA: Life don't come easy for CHF: What's the trade?US 10 year yield looks to close at the highest level since July 1Major European indices are closing sharply lowerJohn Paulson drops out of the running for Treasury SecretaryNew York Fed: 1-year inflation expectations 2.9% versus 3.0% last monthFed's Barkin: Fed in position to respond appropriately regardless of how economy evolvesFed's Waller: Makes no comments on economy or monetary policy outlookAnd they are off. US stocks are marginally higher in the early tradingLiteFinance Becomes the Official Trading Partner of Leicester City Football ClubKickstart the FX day. A look at the EURUSD, USDJPY and GBPUSD from a technical perspectiveCanada Sept building permits +11.5% vs +1.7% expectedForexlive European FX news wrap: Not much action as we await the US CPI release tomorrowMarkets:Bitcoin trades to $90,000 for the first time, two days after passing $80,000. The high reached $90,243WTI crude trades down $0.07 at $67.972 year yield 4.338%, up 8.4 basis points. 10 year yield 4.421%, +11.4 basis points. Gold down -$20.78 or -0.79% at $2598.58. Lowest level since September 20S&P 500 -17.36 points or -0.29% at 5983.99. Nasdaq index down -17.36 points or -0.09% at 19,281.40. Both the Nasdaq and the S&P closed by the exact same point amount....Russell 2000 tumbled -43.13 points or -1.77% at 2391.84In the US the NY Fed Survey showed inflation expectations moving lower with the one year inflation at 2.9% vs 3.0% estimate. That is the lowest in 4 years. The 3 and five years measures also declined with the 3 year down to 2.5% from 2.7%, and the 5 year down to 2.8% from 2.9%. In Canada building permits soared by 11.5% after -6.3% decline last month. Overall permits were the second-highest level since the start of the new series in January 2017 but it's more of a one-off around government spending than anything related to the economy. Ontario's institutional component received big contributions from construction for long-term care facilities across the province and a hospital permit in Prince Edward County. Residential building is holding up on the multi-family side as the pipeline of condos continues to work its way through but single-family has flatlined.The US bond market was open after Monday's Veteran's Day holiday and selling was the order of the day as traders price in the inflationary and growth implications of a GOP sweep (and perhaps increased deficits too). The 10-year yield rose close to 12 basis points. The 2 year is up close to 9 basis points. The USD moved higher with the greenback moving the most vs the GBP (0.95%).. The GBPUSD moved to the lowest level since August 8 and traded below the 61.8% retracement of the move up from the April low. That level comes in at 1.27322. The current price is trading just above that level into the close for the day.The EURUSD is rallying modestly into the close but still saw the dollar higher by 0.26% versus the EUR. The pair moved below the 1.0601 level which took to price to a new low for 2024. The low could only get to 1.0594 before bouncing higher into the close. The sellers in the EURUSD had their shot. They missed. The USDJPY is closing higher by 0.61% and into a swing area between 154.54 and 155.21. The high price reached 154.92 extending above the high price from last week at 154.70. The price is trading at 154.62 into the close. Buyers are in control. Can they extend to the high target at 155.21. The USDCAD traded to the highest level going back to October 2022 when the price extended to 1.3977. The high price today reached 1.3966 just 11 pips short of that high. The price is trading at 1.3949 going into the end of the trading day.Gold continues its move to the downside after reaching record levels at the end of October at $2790.07. The price has since fallen -6.89% to $2597.88.Bitcoin's sprint to the topside continued today with the price reaching above $90,000 for the first time ever and just 2-days after breaking above the $80,000 level. The high price reached $90,243. The price has come off that lofty level and trades at $88,092. This article was written by Greg Michalowski at www.forexlive.com. Full Article News
1 Green shoots in China? Excavator sales grew 15% in October By www.forexlive.com Published On :: Tue, 12 Nov 2024 22:27:12 GMT China-based Construction Machinery and Equipment (CME) with the data from earlier this week. In October China's excavator sales are estimated to have reached 16,791 units:that's +15.1% y/yMore notably, excavator sales in the Chinese domestic market are estimated at 8,266 units+21.6% y/y Excavator sales to the export market +9.46% y/y For the January-October 2024 period this year, China's excavator sales are estimated to have increased by 0.47 percent year on yeardomestic market +9.8% y/yexport market -7.41% y/y Is this a sign of green shoots for the economy in China? There has been plenty of stimulus announcements, that the market has been disappointed with. But, are thye having an impact? This article was written by Eamonn Sheridan at www.forexlive.com. Full Article News
1 Rekt Raises $1.5M Seed Round Backed by Angels and Community By www.forexlive.com Published On :: Thu, 07 Nov 2024 22:49:35 GMT Rekt Brands Inc. (Rekt), the parent company behind the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property, is excited to announce the completion of a $1.5 million seed funding round. Funded exclusively by angel investors and the community—without institutional venture capital—this achievement highlights the support Rekt received from its loyal and growing network.This funding announcement follows the debut of Rekt Drinks, Rekt’s first consumer product: a lime-flavored sparkling water with zero caffeine and zero alcohol, featuring the Rekt branding. Rekt Drinks made its debut last week with 222,456 units available across 32 countries. The entire stock sold out in under 48 hours, with demand in the U.S. alone resulting in a complete sell-out within just 4 hours and 20 minutes. This launch represents one of the largest real-world product sales by a Web3 brand, reinforcing Rekt’s potential as a cultural force in both digital and traditional markets.Rekt was founded from the success of the Rektguy NFT collection, created by artist Ovie Faruq (OSF) in May 2022. Since then, the Rektguy project has expanded into Rekt Brands, which oversees the Rekt IP and pioneered a unique industry model by offering equity in the parent company directly to its NFT holders, utilizing a Reg CF exemption under SEC guidelines in the U.S. “Rekt has had a die-hard, cult-like community for the past 2 years, and our ambition is to fulfill its potential as one of the largest Web3 brands,” said OSF. “With the sell-out of our drinks last week, that’s 222,456 times someone is going to pick up a can with the Rekt logo and a Rektguy on it. It’s a magnitude higher for us in terms of brand awareness.”With this new funding, Rekt is poised to expand its product lineup, strengthen its brand awareness in and outside of Web3, while further bridging digital culture with physical consumer products. The Rekt community remains at the heart of the brand’s mission, with upcoming projects that will continue to empower, engage, and reward its dedicated supporters.About RektRekt Brands Inc. (https://x.com/rektbrands) is the parent company that owns the Rektguy NFT project, Rekt Drinks, and the Rekt brand intellectual property. Established from the success of the Rektguy NFT collection by artist Ovie Faruq (OSF), the brand has expanded into consumer goods and groundbreaking community equity models. Rekt aims to redefine brand ownership and engagement through its Web3 foundation, innovative products, and viral global community. This article was written by FL Contributors at www.forexlive.com. Full Article Education
1 Japan's Seven & i Holdings is considering a management buyout By www.forexlive.com Published On :: Wed, 13 Nov 2024 02:43:23 GMT Japan's Seven & i Holdings is considering a management buyout to take itself private with funding from banks, Itochu Corp. and the founding Ito family in a transaction that could be worth US$58 billion"People with knowledge of the matter" cited in the reports via Nikkei and Bloomberg. The Japanese owner of 7-Eleven is considering going private by buying back its own shares in a bid to avoid a takeover attempt by Canadian rival Alimentation Couche-Tard, the news report says. This article was written by Eamonn Sheridan at www.forexlive.com. Full Article News
1 FX option expiries for 13 November 10am New York cut By www.forexlive.com Published On :: Wed, 13 Nov 2024 05:15:59 GMT There are just a couple to take note of, as highlighted in bold.They are both for EUR/USD at the 1.0600 and 1.0650 levels. The former in particular will continue to be a notable one, adding another layer to key support at the figure level for the time being. As such, the expiries are likely to once again keep price action locked in until we get to US trading later at least.As an aside, just be wary of the larger option expiries at the same level of 1.0600 through the week. And on Friday, EUR/USD also has a very large one pinned at 1.0700. So, just be wary of that in case.For more information on how to use this data, you may refer to this post here. This article was written by Justin Low at www.forexlive.com. Full Article Forex Orders
1 NAB Joins Leading Organization Working on Unified Response to COVID-19 Pandemic By www.nab.org Published On :: 4 Jan 2021 00:00:00 EST WASHINGTON, D.C. – Given broadcasters' integral role in educating the public on COVID-19 and vaccine deployment, the National Association of Broadcasters (NAB) has joined the COVID Collaborative, a national assembly of experts and organizations working on unified action against the COVID-19 pandemic. NAB President and CEO Gordon Smith will serve on the Collaborative’s National Advisory Council. Full Article
1 NAB Leadership Foundation Calls for 2021 Celebration of Service to America Awards Entries By www.nab.org Published On :: 11 Jan 2021 00:00:00 EST Full Article
1 2021 NAB Crystal Radio Awards Entry Window Now Open By www.nab.org Published On :: 12 Jan 2021 00:00:00 EST Full Article
1 Toolkit Launched to Provide Media With Best Messaging Practices, Guidance on COVID-19 Vaccine Education By www.nab.org Published On :: 14 Jan 2021 00:00:00 EST Washington, D.C. – The National Association of Broadcasters (NAB), the Donald W. Reynolds Journalism Institute (RJI) and the National Association of Chain Drug Stores (NACDS) today announced the launch of an online toolkit to help local journalists craft COVID-19 vaccine education messages that best resonate with their audiences. The toolkit is designed to provide journalists with information and resources to create news reports, public service announcements and other messages related to vaccine safety, effectiveness and distribution. Full Article
1 Research Shows Mounting Enthusiasm Among NAB Show Attendees to Return in Late 2021 By www.nab.org Published On :: 2 Feb 2021 00:00:00 EST Full Article
1 Nominations Open for 2021 NAB Technology Awards By www.nab.org Published On :: 8 Feb 2021 00:00:00 EST Full Article
1 NAB Announces Dates for 2021 Key Broadcaster Events at NAB Show By www.nab.org Published On :: 18 Feb 2021 00:00:00 EST Full Article
1 NAB Amplify™ Launches Early Access, Presents New Global Hub for NAB Show® Community By www.nab.org Published On :: 2 Mar 2021 00:00:00 EST Full Article
1 NAB Announces 2021 Crystal Radio Award Finalists By www.nab.org Published On :: 11 Mar 2021 00:00:00 EST Full Article
1 NAB Statement on Increase in Violence Against Asian Americans and March 16 Shootings in Atlanta By www.nab.org Published On :: 18 Mar 2021 00:00:00 EST NAB Statement on Increase in Violence Against Asian Americans and March 16 Shootings in Atlanta Full Article
1 NAB Show Opens 2021 Call for Speakers By www.nab.org Published On :: 23 Mar 2021 00:00:00 EST Full Article
1 NAB Show Premiere Debuts on NAB Amplify, April 12—23 By www.nab.org Published On :: 29 Mar 2021 00:00:00 EST Full Article
1 Host Mario Lopez to Receive 2021 NAB Television Chairman’s Award By www.nab.org Published On :: 30 Mar 2021 00:00:00 EST Full Article
1 PILOT Awards 2021 Media Technology and Innovation Scholarships By www.nab.org Published On :: 30 Mar 2021 00:00:00 EST Full Article
1 NAB Show and SCTE·ISBE Cable-Tec Expo® Partner to Offer Concurrent Live Conference Event By www.nab.org Published On :: 1 Apr 2021 00:00:00 EST Full Article
1 2021 NAB Crystal Radio Award Winners Announced By www.nab.org Published On :: 13 Apr 2021 00:00:00 EST Full Article
1 NAB Leadership Foundation Announces 2021 Technology Ambassador Program Graduates By www.nab.org Published On :: 23 Apr 2021 00:00:00 EST Full Article
1 NAB Leadership Foundation Announces 2021 Celebration of Service to America Awards Finalists By www.nab.org Published On :: 29 Apr 2021 00:00:00 EST WASHINGTON, DC -- The National Association of Broadcasters Leadership Foundation announced today the finalists for the 2021 Celebration of Service to America Awards, recognizing outstanding community service by local broadcasters. One winner from each category will be announced during the Celebration of Service to America Awards program. Full Article
1 NAB Opens 2021 Marconi Radio Awards Nomination Window By www.nab.org Published On :: 3 May 2021 00:00:00 EST Washington, D.C. – The National Association of Broadcasters (NAB) is now accepting nominations for the 2021 NAB Marconi Radio Awards and will be accepting submissions until May 31. Established in 1989 and named for inventor and Nobel Prize winner Guglielmo Marconi, the prestigious awards recognize overall excellence and performance in radio. Full Article
1 Registration Opens for Highly Anticipated In-Person 2021 NAB Show and Co-located Events By www.nab.org Published On :: 19 May 2021 00:00:00 EST Full Article
1 Caroline Beasley Named 2021 National Radio Award Recipient By www.nab.org Published On :: 24 May 2021 00:00:00 EST Full Article
1 PILOT Opening Application Window for 2021 Innovation Challenge By www.nab.org Published On :: 7 Jun 2021 00:00:00 EST Washington, D.C. -- PILOT, NAB's technology innovation initiative, will be accepting submissions for the PILOT Innovation Challenge through 5 p.m. ET on July 9. The program will provide mentorship and promotion to winning proposals, along with an opportunity to demonstrate their products at NAB Show in Las Vegas, October 9-13, 2021. Full Article
1 NAB Announces Winners of 2021 Technology Awards By www.nab.org Published On :: 17 Jun 2021 00:00:00 EST Full Article
1 NAB Leadership Foundation Announces 2021 Service to America Award Winners By www.nab.org Published On :: 10 Jul 2021 00:00:00 EST Full Article
1 Television Network Affiliate Groups to Hold Meetings at 2021 NAB Show By www.nab.org Published On :: 15 Jul 2021 00:00:00 EST Full Article
1 2021 NAB Marconi Radio Award Finalists Announced By www.nab.org Published On :: 4 Aug 2021 00:00:00 EST Full Article