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Wednesday, August 14, 2024

European Markets Wrap-Up: US MBA mortgage applications w.e. 9 August +16.8% vs +6.9% prior

US MBA mortgage applications w.e. 9 August +16.8% vs +6.9% prior

Prior +6.9% Market index 251.3 vs 215.1 prior Purchase index 137.7 vs 133.9 prior Refinance index 889.3 vs 661.4 prior 30-year mortgage rate 6.54% vs 6.55% prior... 

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Essential Lessons from 50 Years of Teaching Traders at FMPS

Whether just starting a trading journey or being a veteran of twenty years, everybody has something to learn as an investor. Knowledge is always at a premium, and this is why its developed into such a... 

NZDUSD Technical Analysis – A more dovish RBNZ weighs on the Kiwi

Fundamental Overview Yesterday, the US PPI report missed expectations by a big margin triggering a selloff in the US Dollar as the market started to position into a potentially soft US CPI release tod... 

GBPUSD Technical Analysis – The positive risk sentiment weighs on the greenback

Fundamental Overview Yesterday, the US PPI report missed expectations by a big margin triggering a selloff in the US Dollar as the market started to position into a potentially soft US CPI release tod... 

Eurozone June industrial production -0.1% vs +0.5% m/m expected

Prior -0.6%; revised to -0.9% That's a miss alongside a negative revision to boot. But at least it doesn't take away from the Q2 GDP number released at the same time. Here is the breakdown for those i... 

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FX option expiries for 14 August 10am New York cut

There are a couple of expiries to take note of, as highlighted in bold . They are for EUR/USD at the 1.0925 and 1.1035 levels. They former lies near the 200-hour moving average, so there is some techn... 

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