US dollar looks to finish 2024 with a flourish

The strength of the US dollar was the story of the year in the forex market once again in 2024 and it’s finishing strong today. The dollar slumped late in 2023 as the market saw rate cuts but they didn’t start until late in 2024 and now some analysts think they’re already done, while the Fed funds futures market…

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Five scenarios to ponder for 2025

Clyde Russell at Reuters takes a look at a few scenarios for global markets in 2025 and how they will play out. It’s a good time to think through some different ideas, even if you disagree with some of the takes here. Not surprisingly, the list is dominated by the uncertainty of how Trump and Republicans will govern. &]:mt-2…

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South Africa Trade Balance (in Rands) climbed from previous 14.63B to 34.7B in November

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Top Trading Psychology Lessons in 2024

This year was a topsy-turvy one for the financial markets to say the least, as wild sentiment swings and a bunch of record highs were seen for some asset classes. What were the biggest trading psychology lessons we can take away from 2024? I’ve rounded up a quick list that sums things up: Never underestimate market sentiment Not everything…

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USD/JPY under 156.50 | Forexlive

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you…

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Is Tesla Stock a Buy or Sell?

Is Tesla Stock a Buy or Sell? Analyzing the Technical and Fundamental Signals Tesla Inc. (NASDAQ: TSLA) is at a pivotal point, with its stock showing significant technical bearish signals and soaring valuation ratios. Investors are keen to understand whether Tesla represents a prudent investment opportunity. Here’s an in-depth look at both the technical patterns and fundamental valuation metrics…

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Immediate resistance appears at nine-day EMA above 1.0400

EUR/USD may depreciate further as the short-term price momentum is weaker. The initial support appears at its two-year low of 1.0332, recorded on November 22. The nine-day EMA acts as immediate resistance at the 1.0417 level. EUR/USD recovers its recent losses from the previous session, trading around 1.0410 during the European hours on Tuesday. A review of the daily…

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The winners and the losers of the 2024 trading year

With only one day left to go, let’s take a look and what were the best and worst performers in each asset class during the year. Were there any standouts and/or surprises that might catch your eye? Here’s a look at the major currencies space with the dollar as a benchmark: GBP -1.4% CNY -2.8% EUR -5.7% CHF -7.3%…

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