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Wednesday, December 4, 2024

European Markets Wrap-Up: US MBA mortgage applications w.e. 29 November +2.8% vs +6.3% prior

US MBA mortgage applications w.e. 29 November +2.8% vs +6.3% prior

Prior +6.3% Market index 213.9 vs 208.0 prior Purchase index 161.5 vs 152.9 prior Refinance index 498.5 vs 501.7 prior 30-year mortgage rate 6.69% vs 6.86% prior... 

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Crude Oil Technical Analysis – The top of the range is in sight

Fundamental Overview The fundamentals in the crude oil market haven't changed much in the past month. In fact, crude oil remains confined in a range between the 72.00 resistance and the 67.00 support... 

USD/JPY continues run higher to touch 151.00 on the day

USD/JPY vs US Treasury 10-year yields (%) hourly chart From earlier: USD/JPY bounce starts to gain some traction The traction is certainly building up to a stronger momentum today with the pair now to... 

AUD/USD falls back to the lows for the day as the aussie stays heavy

AUD/USD daily chart From earlier: Australia GDP Q3 0.3% versus 0.4% estimate After the report was released, the aussie dropped and eventually took a run under the key short-term support region of 0.64... 

The Binary Holdings Secures $5 Million from ABO Digital

The Binary Holdings, a $16.9 billion technology leader, today announced a strategic investment of up to $5 million from ABO Digital, a digital asset investment firm providing alternative financing sol... 

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Latest Forex Orders

FX option expiries for 4 December 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.0525 level. That should help to keep price action locked in during the session ahead, especially... 

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