Industriya

what you need to know about Friday 13 September

Forex Today: US Dollar slides as markets reassess odds of large Fed rate cut NEWS | 09/13/2024 06:56:52 GMT | By Eren Sengezer Here is what you need to know on Friday, September 13: Following the bullish action seen in the first half of the week, the US Dollar (USD) Index turned south on Thursday and erased all of its weekly gains. The index struggles to gain traction early Friday and edges lower toward 101.00. Eurostat will release Industrial Production data for July and the US economic docket will feature August Export Price Index and Import Price Index data, alongside the University of Michigan's Consumer Sentiment Survey for September. US Dollar PRICE This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.08% 0.02% -0.82% 0.12% -0.66% -0.06% 0.55% EUR -0.08% -0.12% -0.88% 0.04% -0.78% -0.12% 0.44% GBP -0.02% 0.12% -0.87% 0.16% -0.67% -0.03% 0.56% JPY 0.82% 0.88% 0.87% 0.96% 0.19% 0.77% 1.57% CAD -0.12% -0.04% -0.16% -0.96% -0.74% -0.19% 0.59% AUD 0.66% 0.78% 0.67% -0.19% 0.74% 0.64% 1.21% NZD 0.06% 0.12% 0.03% -0.77% 0.19% -0.64% 0.59% CHF -0.55% -0.44% -0.56% -1.57% -0.59% -1.21% -0.59% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). Soft producer inflation data from the US revived expectations for a large Federal Reserve (Fed) rate cut at the policy meeting next week, causing the USD to weaken against its major rivals. On a yearly basis, the Producer Price Index (PPI) rose 1.7% in August, down from 2.1% in July and below the market expectation of 1.8%. Additionally, the improving risk mood put additional weight on the USD's shoulders. Early Friday, US stock index futures trade flat and the 10-year US Treasury bond yield stays in negative territory at around 3.65%.

2024-09-13 15:39 Nigeria

Nagustuhan

Sagot

IndustriyaFBS SEEMS TO GIVING A OOT OF HEARTBREAK ON

There is no specific news about an "FBS coin" as of September 2024. However, there have been several notable developments in the broader cryptocurrency space, including the emergence of new tokens and technologies. For example, new cryptocurrencies like **Fractal Bitcoin (FB)**, which launched on September 9, 2024, aim to improve transaction speed and scalability by building on Bitcoin's core code with enhanced features like 30-second block confirmations. Meanwhile, other coins such as **Memebet Token** and **Pepe Unchained** are gaining attention in the market for offering unique platforms, such as no-KYC casinos and layer-2 scaling solutions, respectively. If you were referring to another specific project or token, feel free to provide more details, and I can help you further.

chewbacca

2024-09-15 20:12

IndustriyaNEWS ON KRAKEN

As of September 2024, Kraken, one of the prominent cryptocurrency exchanges, is actively navigating changes in the market. Despite the decline in overall crypto trading volumes, Kraken has managed to gain market share, particularly as other exchanges like Binance face challenges. This is largely due to Kraken's strategic focus on providing reliable services and low trading fees, along with its plans to broaden offerings beyond crypto into stock trading. It aims to integrate U.S.-listed stocks and ETFs, entering a competitive space with platforms like Robinhood. Additionally, Kraken is preparing for a $100 million funding round to further expand and potentially pursue an IPO by 2025. This move is designed to bolster its growth, despite ongoing regulatory challenges.

chewbacca

2024-09-15 19:58

IndustriyaTia coin

Today, Celestia's (TIA) coin is seeing a positive price movement. Over the past 24 hours, the TIA coin has increased by around 6%, after experiencing some consecutive days of decline. It is currently trading at approximately $4.24, and investors are closely watching to see if it can break through the $5 resistance level. This recent uptick follows concerns around an upcoming token unlock event scheduled for October 31, which could impact its price due to an increase in the circulating supply. The TIA coin has been trading within a bearish trend recently, with a 60% price drop over the last three months. Despite this, there are signs of bullish sentiment, as derivatives data shows increased interest in long positions. Celestiaโ€™s unique modular blockchain architecture continues to attract attention in the crypto space. Its ability to scale efficiently while decoupling consensus from transaction execution has made it a significant player among blockchains, and this is driving long-term interest.

chewbacca

2024-09-15 19:42

IndustriyaPEPE COIN NEWS

Pepe Coin (PEPE) is experiencing increased attention in mid-September 2024. A major whale purchase of 292.97 billion PEPE tokens, valued at $2.17 million, has sparked renewed optimism about a potential price surge. This significant transaction suggests that some investors are betting on a bullish trend, especially as PEPE is trading near a key support level of $0.0000071. If historical patterns hold, PEPE could experience a price increase of up to 20% in the coming days. Additionally, a new project called "Pepe Unchained" has emerged as a top token presale, raising over $13 million. This Ethereum Layer 2 solution aims to reduce transaction fees and improve accessibility, positioning itself as a strong competitor in the meme coin space. While PEPE's technical indicators are still mixed, with a bearish sentiment prevailing, predictions suggest that the token could see a significant rise by the end of September.

chewbacca

2024-09-15 19:38

IndustriyaREPORTS ON BTC

Bitcoin has been experiencing a notable upward trend in September 2024. As of today, Bitcoin's price is around $64,124, marking a strong recovery after a dip earlier in the year. The rise can be attributed to several key factors: 1. **Bitcoin Halving**: The recent halving event, which reduced the mining rewards from 6.25 to 3.125 BTC, has historically led to price increases by limiting the new supply of Bitcoin. This has created a bullish sentiment in the market. 2. **Bitcoin ETFs**: The approval of spot Bitcoin ETFs earlier this year has boosted demand by providing institutional investors easier access to the cryptocurrency. This has contributed significantly to Bitcoin's current price surge. 3. **Market Sentiment and Short Liquidations**: There's been an increase in accumulation by long-term holders, reducing sell pressure. Additionally, recent short liquidations have helped push Bitcoin's price higher, as short sellers are forced to buy back BTC at higher prices . Overall, Bitcoin's recent performance suggests continued growth, with some experts predicting that it could approach or exceed $90,000 by the end of 2024. However, as with any asset, fluctuations are expected, and long-term investors should be prepared for volatility.

chewbacca

2024-09-14 19:35

Industriya๐ƒ๐„๐๐Ž๐’๐ˆ๐“ ๐‚๐Ž๐๐…๐ˆ๐‘๐Œ๐„๐ƒโœ…โœ… ๐’๐”๐‚๐‚๐„๐’๐’๐…๐”๐‹๐‹๐˜ ๐€๐๐ƒ ๐˜๐Ž๐”๐‘ ๐“๐‘๐€๐ƒ๐ˆ๐๐† ๐’๐“๐€๐‘๐“ ๐ˆ๐Œ๐Œ๐„๐ƒ๐ˆ๐€๐“๐„๐‹๐˜! KINDLY CHECK YOUR DASHBOARD NOW

๐ƒ๐„๐๐Ž๐’๐ˆ๐“ ๐‚๐Ž๐๐…๐ˆ๐‘๐Œ๐„๐ƒโœ…โœ… ๐’๐”๐‚๐‚๐„๐’๐’๐…๐”๐‹๐‹๐˜ ๐€๐๐ƒ ๐˜๐Ž๐”๐‘ ๐“๐‘๐€๐ƒ๐ˆ๐๐† ๐’๐“๐€๐‘๐“ ๐ˆ๐Œ๐Œ๐„๐ƒ๐ˆ๐€๐“๐„๐‹๐˜! KINDLY CHECK YOUR DASHBOARD NOW FOR CONFIRMATION

ACCOUNT MANAGEMENT

2024-09-14 15:47

IndustriyaEUR/USD GAINS

The EUR/USD pair is rising due to speculation about an upcoming Federal Reserve interest rate cut, which is weakening the US Dollar ยน. The European Central Bank (ECB) recently cut interest rates and stated that future decisions will be data-dependent, but did not provide a specific path for future cuts ยน. As a result, the EUR/USD pair is strengthening, with the US Dollar Index (DXY) falling to near 101.00 ยน. Some Details about the Situation: 1-Probability of rate cut: The probability of a 50 basis point rate cut by the Federal Reserve in September has increased to 43% from 14% after the US PPI data release. 2-ECB decision: The ECB cut interest rates by 25 basis points to 3.5% and stated that future decisions will be data-dependent. 3-US Dollar weakness: The US Dollar is facing sharp selling pressure due to speculation about the Federal Reserve rate cut, with the US Dollar Index (DXY) falling to near 101.00. 41EUR/USD strength: The EUR/USD pair is strengthening, with some analysts predicting further gains if the pair clears the 1.1090-1.1100 resistance area.

ALKALI1010

2024-09-13 22:38

IndustriyaUSD/CAD MARKET TREND

USD/CAD stays sideways below 1.3600 with the Fed policy taking center stage. Traders remain divided over Fed potential rate cut size. Firm speculation for BoC aggressive policy-easing cycle weighs on the Canadian Dollar. The USD/CAD pair trades in a tight range below the round-level resistance of 1.3600 in Fridayโ€™s North American session. The Loonie asset struggles for direction with investors focusing on the Federal Reserveโ€™s (Fed) monetary policy meeting, which is scheduled for Wednesday. The Fed is almost certain to start reducing interestย ratesย in Wednesdayโ€™s meeting as officials are worried about deteriorating labor market conditions, with growing confidence that inflationary pressures will sustainably return to the bankโ€™s target of 2%.

FATEEMAH1

2024-09-13 22:25

IndustriyaBEARISH EUR/USD

The EUR/USD market trend is currently characterized as a strong downtrend, with a bearish momentum dominating the market. The price has been declining steadily, forming a series of lower highs and lower lows, indicating a weakening Euro (EUR) against the US Dollar (USD). The trend is driven by fundamental factors such as: 1. Interest rate differentials: The US Federal Reserve's(FED) hawkish stance and rate hikes contrast with the European Central Bank's dovish approach. 2. Economic growth: The US economy shows resilience, while the Eurozone faces growth concerns and inflationary pressures. 3. Geopolitical tensions: Ongoing conflicts and political uncertainty in Europe weigh on the Euro. Technical indicators confirm the downtrend: 1. Moving Averages: The 50-day and 100-day MAs are trending downwards, with the price below both. 2. Relative Strength Index (RSI): The RSI is in oversold territory, indicating potential for further downside. 3. Support and Resistance: Key support levels at 1.0800 and 1.0600 have been broken, with resistance at 1.1000 and 1.1200. Traders are short-selling, expecting further EUR weakness, with potential targets at 1.0500 and 1.0400. However, a reversal could occur if the price breaks above resistance levels or if fundamental drivers shift.

FATEEMAH1

2024-09-13 21:59

IndustriyaMARKET TREND OF GBP/USD

*Trade Details:* - *Pair:* GBP/USD (British Pound vs. US Dollar) - *Order Type:* SELL LIMIT ORDER - *Entry Price:* 1.31390 - *Stop Loss (SL):* 1.31611 (35 pips above entry price) - *Take Profit (TP):* 1.30316 (105 pips below entry price) This trade expects the GBP/USD price to fall. A sell limit order is set at 1.31390, attempting to short the market. If executed, the trade will profit from a price decline. The stop loss (SL) at 1.31611 limits potential losses if the price rises. The take profit (TP) target at 1.30316 aims to secure gains if the price drops. The market trend assumption is bearish, with a predicted price movement from 1.31390 down to 1.30316. If the price reaches 1.31390, the sell order is executed. If it falls to 1.30316, profits are taken. If it rises to 1.31611, the trade is stopped, limiting losses.

ALKALI1010

2024-09-13 16:15

Industriyawhat you need to know about Friday 13 September

Forex Today: US Dollar slides as markets reassess odds of large Fed rate cut NEWS | 09/13/2024 06:56:52 GMT | By Eren Sengezer Here is what you need to know on Friday, September 13: Following the bullish action seen in the first half of the week, the US Dollar (USD) Index turned south on Thursday and erased all of its weekly gains. The index struggles to gain traction early Friday and edges lower toward 101.00. Eurostat will release Industrial Production data for July and the US economic docket will feature August Export Price Index and Import Price Index data, alongside the University of Michigan's Consumer Sentiment Survey for September. US Dollar PRICE This week The table below shows the percentage change of US Dollar (USD) against listed major currencies this week. US Dollar was the weakest against the Japanese Yen. USD EUR GBP JPY CAD AUD NZD CHF USD 0.08% 0.02% -0.82% 0.12% -0.66% -0.06% 0.55% EUR -0.08% -0.12% -0.88% 0.04% -0.78% -0.12% 0.44% GBP -0.02% 0.12% -0.87% 0.16% -0.67% -0.03% 0.56% JPY 0.82% 0.88% 0.87% 0.96% 0.19% 0.77% 1.57% CAD -0.12% -0.04% -0.16% -0.96% -0.74% -0.19% 0.59% AUD 0.66% 0.78% 0.67% -0.19% 0.74% 0.64% 1.21% NZD 0.06% 0.12% 0.03% -0.77% 0.19% -0.64% 0.59% CHF -0.55% -0.44% -0.56% -1.57% -0.59% -1.21% -0.59% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). Soft producer inflation data from the US revived expectations for a large Federal Reserve (Fed) rate cut at the policy meeting next week, causing the USD to weaken against its major rivals. On a yearly basis, the Producer Price Index (PPI) rose 1.7% in August, down from 2.1% in July and below the market expectation of 1.8%. Additionally, the improving risk mood put additional weight on the USD's shoulders. Early Friday, US stock index futures trade flat and the 10-year US Treasury bond yield stays in negative territory at around 3.65%.

BABISCO FX

2024-09-13 15:39

IndustriyaGOLD MARKET TREND

The current gold market trend is bullish, with a strong upward momentum. Gold prices have been rising due to increasing demand for safe-haven assets amid global economic uncertainty, inflation concerns, and geopolitical tensions. The price has broken above key resistance levels, indicating a continuation of the uptrend. Investors are seeking refuge in gold, driving up demand and prices. The current trend is supported by technical indicators, such as moving averages and relative strength index (RSI), which suggest further upside potential. As long as the fundamental drivers persist, gold is likely to continue its upward trajectory, with potential targets at $1,800 and beyond. Central banks' gold reserves accumulation also supports the bullish trend.

FATEEMAH1

2024-09-13 13:57

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