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Wednesday, May 15, 2024

US MBA mortgage applications w.e. 10 May +0.5% vs +2.6% prior

US MBA mortgage applications w.e. 10 May +0.5% vs +2.6% prior

Prior +2.6% Market index 198.1 vs 197.1 prior Purchase index 141.7 vs 144.2 prior Refinance index 499.9 vs 477.5 prior 30-year mortgage rate 7.08% vs 7.18% prior Mortgage applications were at the marg... 

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Increase your chances of success by trading different asset classes

Different asset classes respond in different ways to various fundamental developments. For example, you can have short-term government bonds selling off because the central bank is tightening monetary... 

Bitcoin bulls protect this critical price level. Again. Do not short BTCUSD

BTCUSD Technical Analysis: Key Bullish Breakout Signals Bitcoin (BTCUSD) recently demonstrated a notable bullish breakout after defending the crtical price level of the anchored VWAP - purple line sho... 

Is food inflation about to spike again?

The last few years have been incredibly tough for consumers of all stripes. Since the onset of the Covid-19 pandemic, prices have risen significantly. At first, disruptions in the supply chain were fe... 

Gold Technical Analysis – All eyes on the US CPI report

Fundamental Overview Yesterday, we got a dovish reaction in the markets following the US PPI release where the data came in line with expectations. The reaction showed that even little signs of better... 

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Latest Forex Orders

FX option expiries for 15 May 10am New York cut

There are a couple to take note of, as highlighted in bold . The first being for EUR/USD at the 1.0825 level, which should just help to keep price action more sticky until we get to the slew of US dat... 

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