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Sainsburys full year earnings and Unilever’s first quarter trading update both say the same thing, UK consumers are in for higher prices. The war in Ukraine, supply chain issues and the effects of ongoing Covid all to blame. -
US Dollar (DXY) Daily Price and Analysis US Q1 GDP may stall the greenback’s advance. A 20-year high nears for the US dollar. The multi-month US dollar rally continues with the greenback printing a fresh high today ahead of the first look at US Q1 GDP at 12.30 GMT. The US dollar basket (DXY) has been boosted by renewed weakness in the Euro and the Japanese Yen, as investors move from lower-yielding to higher-yielding currencies, while safe-haven flows continue to benefit the greenback. The US growth release later in the session is expected to show a sharp slowdown from the robust Q4 figure of 6.9%. The markets are currently pricing in growth of just 1% for the first three months of this year, with the slowdown mainly due to a reduction in inventory accrual over the quarter. This release is unlikely to move the greenback, unless there is a large miss or beat, as the Fed believe that 2022 US growth will be robust enough to let them tighten monetary policy sharply without damaging the economy. The latest US Core PCE data – the Fed’s preferred inflation reading – is released on Friday and this may have more effect on the US dollar than today’s GDP data. For all market moving economic data and events, see the DailyFX Calendar. The ongoing US dollar rally has been aided by weakness across a range of G7 currencies including the Euro, the Japanese Yen, and the British Pound. The Euro continues to battle with lowly growth expectations, exacerbated by energy concerns, the British Pound is mired by weak economic data, while the Japanese Yen is in freefall as the BoJ continues with its ultra-loose monetary policy. The US dollar continues to press higher and looks set to break above 103.96, the March 2020 high. Above here the US dollar would be back at levels last seen nearly two decades ago. The March resistance will likely hold in the short-term, especially with month-end portfolio rebalancing at the end of the week, but US dollar strength is set to continue in the months ahead. USDOLLAR (DXY) WEEKLY PRICE CHART – APRIL 28, 2022 {{THE_FUNDAMENTALS_OF_BREAKOUT_TRADING}} What is your view on the US Dollar – bullish or bearish? Apr 28, 2022 | DailyFX Nick Cawley, Strategist
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While Tesla has nothing directly to do with Elon Musk buying Twitter - TSLA stock closed down 12% on news that Musk may have to sell stock and use other holdings to stand against the loan to finalise the purchase of the social media giant.
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Question
EA-trader
I was banned, as a customer of IG with a trading account going over many years.I have never sold anything on forums, I never will.Advertising on I G forums is prohibited, to pass this rule, links are posted to sites, under the disguise of teaching/educating /I G customers.At the site linked on I G forum, paid education and courses is being offered to I G customers.Many I G customers are highly intelligent people, they are observing charlatan behaviour on the forum, it is important these links to other paid sites are not posted here.
Forums are marketing sites,where everyone gathers to market their waes,directly or indirectly, subliminally and intentionally to lead I G clients to their own forum sites, where rebates are offered to the poster of the links.
I am now going to post the posts where the forum is being misused, for indirectly advertising sites that sell education,trading courses and other merchandise.Like minded traders don't come to IG forum,to have their time wasted by links to other sites selling education etc.If a poster can not post any original stuff from their own charts, they should refrain from from copying and pasting .copyright material from other sites, under the pretence of educating IG customers.I G customers like myself do not to visit these links and only to find an educational course being offered, for a price..
I post my own original charts and do not post links to internet marketeers.I develop my own EAS, I post my own charts and their performance.
Casey has been posting links to many paid sites, where money is being asked for services, it constitutes advertising for rebates or direct benefits. We don't know who owns these sites, if it is Casey or his friends, we will never tell.I G do not want a situation, where a client is scammed on these sites, as a result of these links posted.I have many cases, where clients have had thousands of dollars lost on internet scammers and forums scamming.
All the forums have had their own scams.Ig customers should be careful of internet scammers.
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