🌐 Bitcoin Price Regains Traction
📈 Bitcoin price gained bullish momentum above the $16,500 resistance and could rise further if there is a close above the $17,000 resistance.
#Cryptocurrencies
📈 Bitcoin price gained bullish momentum above the $16,500 resistance and could rise further if there is a close above the $17,000 resistance.
#Cryptocurrencies
🇩🇪 Germany Jobless Rate Unchanged at 3.0%
📊 The harmonized unemployment rate in Germany stood at 3.0 percent in October 2022, unchanged from the prior month.
The number of unemployed was stable at 1.30 million.
#Economy #Statistics
📊 The harmonized unemployment rate in Germany stood at 3.0 percent in October 2022, unchanged from the prior month.
The number of unemployed was stable at 1.30 million.
#Economy #Statistics
🇪🇺 CPI (YoY) (Nov) - preliminary release
Actual: 10.0% vs Forecast: 10.4% (Previous: 10.6%)
#Economy #Statistics
Actual: 10.0% vs Forecast: 10.4% (Previous: 10.6%)
#Economy #Statistics
💥 Oil - still a downside risk
After the false break through the support of $75.50, there was opened the buy trade with the volume of 1 lot. The profit reached $3200.
Thus active purchases on the market are not expedient. There is a risk of price decrease.
Try, trade, and earn with FIBO Group!
After the false break through the support of $75.50, there was opened the buy trade with the volume of 1 lot. The profit reached $3200.
Thus active purchases on the market are not expedient. There is a risk of price decrease.
Try, trade, and earn with FIBO Group!
🇺🇸 ADP Nonfarm Employment Change (Nov)
Actual: 127K vs Forecast: 200K (Previous: 239K)
#Economy #Statistics
Actual: 127K vs Forecast: 200K (Previous: 239K)
#Economy #Statistics
🇺🇸 GDP (QoQ) (Q3) - preliminary release
Actual: 2.9% vs Forecast: 2.7% (Previous: 2.6%)
#Economy #Statistics
Actual: 2.9% vs Forecast: 2.7% (Previous: 2.6%)
#Economy #Statistics
FIBO Group Forex Daily Analysis 30/11/2022
🔥 We hope that recent events in China will continue to increase risk appetites. The large bourses of the Asia Pacific region rose, aided by Hong Kong's mainland shares and the trades there.
Stoxx 600 Europe is making a snap for a three-day downdrafting and is currently up 0.6% in late morning turnover. The bias is slightly stronger in the US futures.
The greenback trades heavily with the Norwegian Krone and Antipodeans. The Japanese yen is the exception, suffering a slight loss.
See the full today's release of Market Watch from FIBO Group here.
🔥 We hope that recent events in China will continue to increase risk appetites. The large bourses of the Asia Pacific region rose, aided by Hong Kong's mainland shares and the trades there.
Stoxx 600 Europe is making a snap for a three-day downdrafting and is currently up 0.6% in late morning turnover. The bias is slightly stronger in the US futures.
The greenback trades heavily with the Norwegian Krone and Antipodeans. The Japanese yen is the exception, suffering a slight loss.
See the full today's release of Market Watch from FIBO Group here.
📆 December 1, 2022 U.S. Initial Jobless Claims 📆
The number of people who applied for unemployment insurance the first time in the past week is called Initial Jobless Claims. This is the first U.S. economic data. However, the market impact varies from week-to-week.
A reading higher than expected should be considered negative/bearish for USD. Conversely, a reading lower than expected should be considered positive/bullish USD.
Trade, Try, Earn with FIBO Group!
The number of people who applied for unemployment insurance the first time in the past week is called Initial Jobless Claims. This is the first U.S. economic data. However, the market impact varies from week-to-week.
A reading higher than expected should be considered negative/bearish for USD. Conversely, a reading lower than expected should be considered positive/bullish USD.
Trade, Try, Earn with FIBO Group!
Fibogroup
Best Forex and CFD Broker since 1998 | Start Trading Online - Fibo Group
FIBO Group's proven forex trading platform enables you to trade more than 60 currency pairs with low spreads and up to 200x financial leverage.
🇯🇵 Japanese Yen Hits 3-Month High
📈 The Japanese yen appreciated past 137 per dollar, hitting its strongest levels in over three months after Federal Reserve Chair Jerome Powell hinted at a slower pace of US rate increases as soon as December.
❗️ Bank of Japan board member Asahi Noguchi also said the central bank could “pre-emptively” withdraw monetary stimulus if trend inflation exceeds the 2% for a prolonged period.
#Forex
📈 The Japanese yen appreciated past 137 per dollar, hitting its strongest levels in over three months after Federal Reserve Chair Jerome Powell hinted at a slower pace of US rate increases as soon as December.
❗️ Bank of Japan board member Asahi Noguchi also said the central bank could “pre-emptively” withdraw monetary stimulus if trend inflation exceeds the 2% for a prolonged period.
#Forex
🇩🇪 German Manufacturing PMI (Nov)
Actual: 46.2 vs Forecast: 46.7 (Previous: 45.1)
#Economy #Statistics
Actual: 46.2 vs Forecast: 46.7 (Previous: 45.1)
#Economy #Statistics
💥 Gold - a bullish trend
Another false break through the support of $1747 was a buy signal. The deal with the volume of 1 lot has brought $3000.
Buying under $1783 level is not advisable, but its breakthrough will indicate the buyers' advantage.
Try, trade, and earn with FIBO Group!
Another false break through the support of $1747 was a buy signal. The deal with the volume of 1 lot has brought $3000.
Buying under $1783 level is not advisable, but its breakthrough will indicate the buyers' advantage.
Try, trade, and earn with FIBO Group!
🇺🇸 Core PCE Price Index (MoM) (Oct)
Actual: 0.2% vs Forecast: 0.3% (Previous: 0.5%)
🇺🇸 Initial Jobless Claims
Actual: 225K vs Forecast: 235K (Previous: 241K)
#Economy #Statistics
Actual: 0.2% vs Forecast: 0.3% (Previous: 0.5%)
🇺🇸 Initial Jobless Claims
Actual: 225K vs Forecast: 235K (Previous: 241K)
#Economy #Statistics
FIBO Group Forex Daily Analysis 1/12/2022
🔥 The slight relaxation of Covid-19 lockdowns by China has helped to buoy global markets.
The Asia-Pacific markets traded higher as Wall Street optimism continued. Federal Reserve Chair Jerome Powell confirmed that smaller rate increases could begin in December.
European markets were also higher Thursday. To reach a six-month peak, the pan-European Stoxx 600 rose 0.8% in early trading. The major U.S. indexes closed the session higher overnight, with the S&P ending its three-day losing streak and Dow Jones jumping 700 points following Powell's comments.
See the full today's release of Market Watch from FIBO Group here.
🔥 The slight relaxation of Covid-19 lockdowns by China has helped to buoy global markets.
The Asia-Pacific markets traded higher as Wall Street optimism continued. Federal Reserve Chair Jerome Powell confirmed that smaller rate increases could begin in December.
European markets were also higher Thursday. To reach a six-month peak, the pan-European Stoxx 600 rose 0.8% in early trading. The major U.S. indexes closed the session higher overnight, with the S&P ending its three-day losing streak and Dow Jones jumping 700 points following Powell's comments.
See the full today's release of Market Watch from FIBO Group here.
💥 FIBO Group on CNBC 💥
Gunter Richard Beiler, an Executive Director at FIBO Group, reveals the secrets of the forex broker business on CNBC Africa's TV channel. There are simple rules to follow to recognize a fraudster easily. They hide in advertising noise, but the terms and conditions of real brokers are always transparent and clear.
The interview is available on CNBC Africa's website.
https://youtu.be/yotUbvWnG48
Gunter Richard Beiler, an Executive Director at FIBO Group, reveals the secrets of the forex broker business on CNBC Africa's TV channel. There are simple rules to follow to recognize a fraudster easily. They hide in advertising noise, but the terms and conditions of real brokers are always transparent and clear.
The interview is available on CNBC Africa's website.
https://youtu.be/yotUbvWnG48
Cnbcafrica
Focus On Forex Brokers with Fibo Group’s Guenter Beiler
Due to the deregulated nature of the Forex market dominated by Forex brokers, can create the perception that there is a lack of transparency. This Focus On places the spotlight on untrustworthy Forex brokers and how to avoid them....
FIBO Group Official EN pinned «💥 FIBO Group on CNBC 💥 Gunter Richard Beiler, an Executive Director at FIBO Group, reveals the secrets of the forex broker business on CNBC Africa's TV channel. There are simple rules to follow to recognize a fraudster easily. They hide in advertising noise…»
📈 Gold Set to End Week Sharply Higher
Gold held its recent advance to around $1,800 per ounce on Friday and is set to end the week sharply higher, benefiting mainly from a weak dollar on expectations that the US Federal Reserve would slow the pace of interest rate hikes.
#Gold
Gold held its recent advance to around $1,800 per ounce on Friday and is set to end the week sharply higher, benefiting mainly from a weak dollar on expectations that the US Federal Reserve would slow the pace of interest rate hikes.
#Gold
🇩🇪 Germany Import Prices Ease in October
📊 Import prices in Germany increased by 23.5% year-on-year in October of 2022, slowing from 29.8% in September and compared to market forecasts of 23.3%.
#Economy #Statistics
📊 Import prices in Germany increased by 23.5% year-on-year in October of 2022, slowing from 29.8% in September and compared to market forecasts of 23.3%.
#Economy #Statistics