Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Monetization
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Make Money Online
Forex
Hotforex.com - Market Analysis and News.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="HFM, post: 268160, member: 46567"] [B]Date : 2nd September 2022. Market Update – September 2 – USD Holds at Highs, Stocks stem losses.[/B] [LIST] [*][B]USDIndex – [/B]spiked to 109.95 highs yesterday and holds the BID @109.50 now. A strong NFP could lift the USD even higher. A weak number could prick the USD bubble from 20-yr highs. Strong Weekly Claims and PMI’s added to USD demand. Fed Fund Futures now at 74%/26% for 75bp vs. 50 bp at next Fed meeting. [/LIST] [LIST] [*][B]EUR[/B] – [B]ECB[/B] action expected next week, but EUR remains under [B]Parity[/B] lows of 0.9910, trades at 0.9970 now. [*][B]JPY[/B] rallies again (new 24 yr highs) broke [B]140.00 [/B]& holds at 140.30 BOJ holding accommodative policy line, & yield differentials driving trend. [*][B]GBP [/B]new multi-year lows under [B]1.1500 [/B]yesterday, back to 1.1550 now. New PM next week. [*][B]Stocks[/B] US stocks halted 4-day slide ([B]S&P500 3966). Nvidia [/B]-7.67%, [B]AMD [/B]-3% weighed again. Futs. flat at 3968 now. [*][B]Oil[/B] down again on weak outlook, lows at $86.25 and trades at $88.20 now. [*][B]Gold[/B] – also down under [B]$1700[/B] to $1688 lows, back to $1702 now. [*][B]BTC – [/B]recovers [B]20k[/B] again today, from 19.5k lows yesterday. [/LIST] [B]Overnight – NZD [/B]Trade Balance missed (-2.4% vs 0.6%) [B]German[/B] Trade Balance better than expected (see below). [B]Today – US NFP[/B] & Factory Orders, EZ Producer Prices. [B]Biggest FX Mover[/B] @ (06:30 GMT) [B]EURNZD [/B](+[B]0.68%[/B]). Continued to recover from weekly lows at 1.6185 on Tuesday to 1.6450 today, next resistance 1.6485. MAs aligning higher, MACD histogram positive & signal line rising, RSI 63.62, H1 ATR 0.00238, Daily ATR 0.01615. [B]Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report.[/B] Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. [B] Stuart Cowell Head Market Analyst HFMarkets Disclaimer:[/B] This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Make Money Online
Forex
Hotforex.com - Market Analysis and News.
Top