HUBFX Market Report: October 9, 2024 – Trade Ideas and Market Insights Good morning, afternoon, and evening to all our global traders! Today’s economic calendar is packed with Federal Reserve speeches, crude oil updates, and ongoing geopolitical tensions. Market participants are keeping a close eye on the USDJPY, EURGBP, and...
HUBFX Market Report – Asia Economic Calendar for 08 October 2024 The economic calendar for October 8, 2024, is packed with critical events that will drive market movements, particularly in currencies, commodities, and equities. Central banks will take the spotlight today, with speeches from Federal Reserve officials and the Reserve...
HUBFX’s Take on Today’s Financial News: #USGDP #AtlantaFed The economic world is buzzing today with a number of pivotal updates. One of the most significant developments comes from the United States, where the Atlanta Federal Reserve has adjusted its GDPNow forecast for Q3 2024. This downward revision, from 3.1% to...
USD/CAD Technical Analysis Current Support Levels The USDCAD is currently supported by its 100-hour moving average, which is positioned at 1.35756. This moving average acts as a crucial support level, providing a base for potential bullish momentum. Resistance Levels to Watch For the USDCAD to exhibit a sustained bullish outlook,...
HUBFX Market Report – September 10, 2024 A Recession Looms Over Europe Early Next Year As we approach the final quarter of 2024, all eyes are on Europe as an economic recession is expected to hit early next year. Geopolitical tensions, inflation, and sluggish growth have weighed heavily on the...
