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Wednesday, June 12, 2024

European Markets Wrap-Up: US MBA mortgage applications w.e. 7 June +15.6% vs -5.2% prior

US MBA mortgage applications w.e. 7 June +15.6% vs -5.2% prior

Prior -5.2% Market index 208.5 vs 180.4 prior Purchase index 143.7 vs 132.3 prior Refinance index 554.7 vs 432.1 prior 30-year mortgage rate 7.02% vs 7.07% prior... 

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Russell 2000 trade idea before the FOMC today: 4.5 Risk vs Reward

Russell 2000 technical analysis and trade Idea for traders before the FOMC meetingπŸ“ˆπŸ’‘ 4.5 reward vs risk ratio Long trade idea. At your own risk. Based on the attached chart and the highlighted guida... 

NZDUSD Technical Analysis – All eyes are on the US CPI report

Fundamental Overview The USD has been stronger since last Friday following the US NFP report where the data surprised with solid jobs and wage growth. There were also negatives like the uptick in the... 

France's Macron: I do not want to hand the keys of power to the far-right in 2027

He also reaffirms that he will not resign if his faction does not come out as the victors in the upcoming snap election. As a reminder, the first round of voting is set for 30 June. Then, the second r... 

France's Macron calls for democratic parties to unite to form a governing pact

Citizens have expressed their concerns and difficulties through the latest votes We must bring a democratic response It is a historic moment for France There is a need for dialogue and how best to ser... 

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Latest Forex Orders

FX option expiries for 12 June 10am New York cut

There are a few to take note of on the day, as highlighted in bold . The ones for AUD/USD will matter more for the session ahead at least. They are layered between 0.6615 to 0.6630 and should keep pri... 

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