In the
world of financial trading, automated solutions have become a game-changer.
Among these innovations, CarinaBot stands out in 2024 as a legitimate, safe,
and profitable option for automated trading.

What
Makes CarinaBot Legitimate?

Automated
trading can sometimes raise doubts, but CarinaBot proves its legitimacy through
these important features:

Proven
Success: CarinaBot doesn’t
just make empty claims. It has a consistent track record of achieving 4%
monthly profits, providing concrete evidence of its effectiveness.

Transparent Operations: CarinaBot operates with
transparency. Users can see how it works, the trades it makes, and the profits
it earns. This openness builds trust and assures users of CarinaBot’s
legitimacy.

Continuous
Learning and Reliability: CarinaBot sets itself apart by constantly
learning and adapting to changing market conditions. Using advanced machine
learning algorithms, it analyzes historical and real-time market data to
improve its trading strategies. This ensures that the bot remains effective and
relevant, even in fast-changing financial markets. This commitment to ongoing
improvement cements CarinaBot’s status as a trustworthy and forward-thinking
trading tool.

Advanced
Security Measures: High-Level Security: In an age where online
security is crucial, CarinaBot prioritizes user safety with top-tier security
measures. It trades on your behalf but never has access to withdraw or transfer
your funds.

Profitability:
Not Just a Promise, But a Reality

Profitability
is often the most sought-after aspect in trading, and CarinaBot excels
in this domain. Its AI-driven algorithms are designed to maximize profit-making
opportunities while minimizing risks. The consistent monthly profit margin of
4% is a testament to its effectiveness in the volatile trading market.

Is
CarinaBot Safe?

In
today’s world of technology, it’s really important for traders to keep their
money and personal information safe. CarinaBot aims to address these concerns
directly.

No Direct
Access to Funds: CarinaBot trades on your trading account, but
it can’t initiate withdrawals. Therefore, your trading funds are safe, and you
are the only person with full control over them.

Data
Protection: Employing advanced encryption and security protocols,
CarinaBot guarantees the confidentiality and integrity of user data, providing
peace of mind to its users.

Conclusion: CarinaBot – A Legitimate AI-Trading Robot

In
conclusion, CarinaBot stands as a shining example of what a legitimate,
profitable, and secure automated trading robot should be. It’s not just a tool;
it’s a partner in your trading designed to navigate the complexities of the
market with precision and reliability. For those seeking a trustworthy solution
in the world of automated trading, CarinaBot is
undoubtedly a top trading bot in 2024.

This article was written by FL Contributors at www.forexlive.com.

10-year Treasury yields are now trading closer to the 4% mark and the Reuters poll of 62 bond strategists sees that yields should keep around 4.10% in three months‘ time. Although the forecast is trimmed from the previous poll in December by about 15 bps, it does point to the thinking that the recent bounce in yields may hold for a while longer.

HSBC’s global head of fixed income research, Steven Major, argues that: „Our forecast is for yields to remain unchanged in the first three months; and while that may sound really boring, that’s how bonds work. I feel very strongly the next big move in yields is downwards and will come in the second half of the year because markets need to see actual moves from the central bank rather than working on pure expectations.“

The forecast from the rest of the pollsters show that 10-year yields are expected to be at around 3.93% by the end of June before falling further to 3.75% by year-end.

This article was written by Justin Low at www.forexlive.com.

It is much easier to take a straight comparison on how the odds have changed. Here’s a look at things back at the end of December i.e. just two weeks ago:

• Federal Reserve: -156 bps (first -25 bps in March)
• European Central Bank: -161 bps (first -25 bps in April)
• Bank of England: -141 bps (first -25 bps in May)
• Swiss National Bank: -66 bps (first -25 bps in June)
• Bank of Canada: -120 bps (first -25 bps in April)
• Reserve Bank of Australia: -53 bps (first -25 bps in June)
• Reserve Bank of New Zealand: -93 bps (first -25 bps in May)

And here is how that has changed as of now:

• Federal Reserve: -140 bps (first -25 bps in May)
• European Central Bank: -138 bps (first -25 bps in April)
• Bank of England: -116 bps (first -25 bps in June)
• Swiss National Bank: -54 bps (first -25 bps in June)
• Bank of Canada: -122 bps (first -25 bps in April)
• Reserve Bank of Australia: -46 bps (first -25 bps in September)
• Reserve Bank of New Zealand: -85 bps (first -25 bps in July)

Besides the Bank of Canada, every other central bank have seen rate cut odds slashed with most also seeing the timing of the first rate cut shift. That speaks to the consideration put into the market moves last week and it is now down to the US CPI data tomorrow to bring all of that together.

Will we get more of a pushback on the aggressive rate cut pricing similar to the week before? Or are we going to revert back to the euphoric run in markets in November and December?

This article was written by Justin Low at www.forexlive.com.

USD

• The Fed left interest rates unchanged as
  expected at the last meeting with a shift in the statement that indicated the
  end of the tightening cycle.
• The Summary of Economic Projections showed a
  downward revision to Growth and Core PCE in 2024 while the Unemployment Rate
  was left unchanged. Moreover, the Dot Plot was revised to show three rate cuts
  in 2024 compared to just two in the last projection.
• Fed Chair Powell didn’t
  push back against the strong dovish pricing and even said that they are focused
  on not making the mistake of holding rates high for too long.
• The latest US PCE missed
  expectations across the board with the Core 6-month annualised rate falling
  below the Fed’s target at 1.9%.
• The NFP report beat
  expectations although there was more weakness under the hood.
• The latest ISM Manufacturing
  PMI
  beat expectations, while the ISM Services PMI missed
  by a big margin.
• The hawkish Fed members have been leaning
  on a more neutral side lately.
• The market expects the Fed to start cutting rates
  in Q1 2024.

NZD

• The RBNZ kept its official cash rate
  unchanged at the
  last meeting stating that demand growth continues to ease and it’s expected to
  decline further with monetary conditions remaining restrictive.
• The New Zealand inflation data missed expectations supporting the
  RBNZ’s stance.
• The latest labour market report showed a notable increase in
  the unemployment rate and a slowdown in wage growth which is something that will
  keep the RBNZ on the sidelines.
• The Manufacturing PMI improved although it remains in
  contractionary territory. The Services PMI, on the other hand, jumped back
  into expansion.
• The market expects the RBNZ to start
  cutting rates in Q2 2024.

NZDUSD Technical Analysis –
Daily Timeframe

On the daily chart, we can see that NZDUSD is now
trading at a key support zone
around the 0.6215 level where we can also find the 50% Fibonacci retracement level
for confluence. This is
where the buyers are stepping in to target a rally into the 0.64 resistance.
The recent break below the trendline might be a bad omen for the buyers though.
In fact, if the price breaks below the support, we can expect the sellers to
pile in more aggressively and extend the drop into the 0.61 level next.

NZDUSD Technical Analysis –
4 hour Timeframe

On the 4 hour chart, we can see more clearly the recent
price action. We can notice that the latest leg lower diverged with the
MACD, which
is generally a sign of weakening momentum often followed by pullbacks or
reversals. In this case, the buyers piled in to defend the support zone and
position for the rally into the 0.64 resistance, but the pair got stuck in a
consolidation.

NZDUSD Technical Analysis –
1 hour Timeframe

On the 1 hour chart, we can see more
closely the price action between the 0.6215 support and the 0.6280 resistance.
This rangebound market gives us a clear setup:

• A break to the upside is likely to lead to
  a rally into the 0.64 resistance.
• A break to the downside should trigger a
  selloff into the 0.61 support.

Upcoming Events

Tomorrow we will get the latest US CPI report and the
US Jobless Claims figures, while on Friday we conclude the week with the US PPI
data.

This article was written by FL Contributors at www.forexlive.com.

USD

• The Fed left interest rates unchanged as expected at the last meeting with a shift in
  the statement that indicated the end of the tightening cycle.
• The Summary of Economic Projections showed a
  downward revision to Growth and Core PCE in 2024 while the Unemployment Rate
  was left unchanged. Moreover, the Dot Plot was revised to show three rate cuts
  in 2024 compared to just two in the last projection.
• Fed Chair Powell didn’t push back against the strong dovish pricing
  and even said that they are focused on not making the mistake of holding rates
  high for too long.
• The latest US PCE missed expectations across the board with
  the Core 6-month annualised rate falling below the Fed’s target at 1.9%.
• The NFP report beat
  expectations although there was more weakness under the hood.
• The latest ISM Manufacturing PMI beat expectations, while the ISM Services PMI missed by a big margin.
• The hawkish Fed members have been leaning
  on a more neutral side lately.
• The market expects the Fed to start cutting rates
  in Q1 2024.

CAD

• The BoC kept the interest rate steady at
  5.00% as expected at the last meeting with
  the usual caveat that it’s prepared to raise the policy rate further if needed.
• BoC Governor Macklem recently has been leaning on a more
  neutral side and even started to talk about rate cuts although he remains
  uncertain on the timing.
• The latest Canadian CPI beat expectations across the board with
  the underlying inflation measures remaining elevated, which should give the BoC
  a reason to wait for more data before considering rate cuts.
• On the labour market side, the latest report missed
  expectations although wage growth spiked to the highest level since 2021.
• The Canadian PMIs continue to fall
  further into contraction as the economy keeps on weakening amid restrictive
  monetary policy.
• The market expects the BoC to start
  cutting rates in Q2 2024.

USDCAD Technical Analysis –
Daily Timeframe

On the daily chart, we can see that USDCAD rallied
all the way back to the key trendline around
the 1.34 handle where we can also find the confluence with the
red 21 moving average and the
50% Fibonacci retracement level.
This is where the sellers are piling in with a defined risk above the trendline
to position for a drop into new lows. The buyers, on the other hand, will want
to see the price breaking higher to invalidate the bearish setup and position
for a rally into the 1.36 handle.

USDCAD Technical Analysis –
4 hour Timeframe

On the 4 hour chart, we can see that the latest leg
higher into the trendline diverged with the
MACD, which
is generally a sign of weakening momentum often followed by pullbacks or
reversals. In this case, it’s another layer of confluence for the sellers and
increases the chances of seeing another drop from these levels. If the price
breaks below the upward counter-trendline, we can expect the sellers to
increase their bearish bets into new lows.

USDCAD Technical Analysis –
1 hour Timeframe

On the 1 hour chart, we can see more
closely the current price action with the pair now compressed between the
downward and upward trendlines. This gives us a clear setup:

• A break above the 1.34 handle should lead
  to a rally into the 1.36 handle next.
• A break below the downward trendline is
  likely to trigger a selloff into new lows.

Upcoming Events

This week is basically empty on the data front with the
only two notable releases scheduled for Thursday when we will get the US CPI
report and the US Jobless Claims figures, and then we conclude the week with
the US PPI data on Friday.

This article was written by FL Contributors at www.forexlive.com.

This is the 24th straight month that the index remains below the 50-year moving average of 98. NFIB notes that small businesses remain very pessimistic about the outlook coming into this year, with 23% of firms reporting inflation to be their single-most important problem in business operations – up 1% from November. Adding that while 2023 is now „in the rearview mirror, it will weigh heavily on the
2024 economy“.

This article was written by Justin Low at www.forexlive.com.

There’s not much in terms of action so far in European morning trade, with the market moves so far looking rather tentative at best. 10-year Treasury yields are holding steady at around 4.04% after the drop yesterday and that is keeping traders on edge today:

The limiting factor so far looks to be the 200-day moving average (blue line) but also the 23.6 Fib retracement level from the swing lower since the end of October to December. That is the first key hurdle for bond sellers to break through in order to validate further the recent bounce in yields to start the new year.

As yields keep steadier today, the dollar is also finding itself in a similar position. USD/JPY is down slightly by 0.2% to 143.90 but it has been weaving in and around the 144.00 mark so far in European trading. Besides that, EUR/USD is flat at 1.0945 and GBP/USD down 0.1% to 1.2735.

Looking at the commodity currencies, AUD/USD is down 0.2% to 0.6700 despite a stronger Australian retail sales report here. However, the data comes with a big caveat amid a boost from the Black Friday sales.

In the equities space, stocks are also not really following through on the gains yesterday – at least not yet. S&P 500 futures are down 0.3% and European indices are also slightly lower so far on the day. That isn’t leaving much for risk trades to work with on the session as such.

This article was written by Justin Low at www.forexlive.com.

Good morning, pre-market investors and traders! 🌅 Ready to spice up your day with some hot stock insights? Let’s dive into today’s top 5 pre-market movers that are buzzing on Google Trends! 🚀

1. Bit Brother Limited (BETS) 🌠: BETS is soaring, up an impressive 24% in pre-market trading! This could be due to some exciting news or juicy rumors. Stay tuned! 📈
   • Google Search Volume: A massive 450.742M!

2. LumiraDx Limited (LMDX) 📉: LMDX is taking a tumble, down 21% in pre-market trading. It’s time to scrutinize those financials and recent news to find out why. 🔍

   • Google Search Volume: 59.645M.

3. Canoo Inc. (GOEV) 🚗: GOEV is charging up, gaining 17% in pre-market trading. This EV star is cruising on investor optimism. ⚡

   • Google Search Volume: 112.754M.

4. Vincerx Pharma, Inc. (VINC) 💊: VINC is skyrocketing, up a staggering 45% in pre-market trading! Something big might be happening in this pharma firm. 🌈

   • Google Search Volume: 10.528M.

5. Spectaire Holdings, Inc. (SSPEC) 🌟: SSPEC is absolutely blazing, up an incredible 61% in pre-market trading! This med-tech company is catching everyone’s eye. 🔥

   • Google Search Volume: 6.815M.

🔍 Investment Considerations:

• BETS: High interest on Google, but remember to dig deep before diving in!
• LMDX: Decline could be a warning, but check those fundamentals first.
• GOEV: Positive vibes, but look beyond the hype to the long-term view.
• VINC: Enthusiasm is high, but balance it with a solid understanding of the company.
• SSPEC: Sizzling growth, but caution is key – avoid getting burned!

📚 Remember, folks: past performance doesn’t guarantee future results. Always do your homework! 📝

🎉 Happy Investing! 🎉

🚨 Disclaimer: This isn’t investment advice. Always do your own research before making any investment decisions. Stay informed, stay smart with forexlive.com! 🧠💡

This article was written by Itai Levitan at www.forexlive.com.

• Prior 6.5%

The euro area jobless rate actually ticked lower in November and that continues to reaffirm that labour market conditions are very much holding up despite the economic slowdown in the region.

This article was written by Justin Low at www.forexlive.com.

In a sector
characterised by intense competition and evolving regulatory landscapes, UF
Agency has carved out a distinctive niche. Backed by a team of industry
veterans and innovative marketers, UF Agency excels in creating high-impact,
integrated marketing campaigns, particularly in the digital sphere. Their
expertise spans across various segments including fintech companies, online
trading platforms, and digital asset providers.

What sets UF
Agency apart is its commitment to crafting bespoke marketing strategies.
Recognising the unique challenges in fintech marketing, the agency ensures that
each campaign not only increases brand visibility but also establishes
long-term consumer trust and brand loyalty.

Navigating the Complexities of Fintech Marketing

As an
integral part of Ultimate Fintech Group and organisers of the renowned iFX EXPO
series, UF Agency possesses an insider’s understanding of the fintech sector.
This knowledge is pivotal in addressing two of the industry’s main challenges:
standing out in a saturated market and building customer trust.

UF Agency’s
approach focuses on creating top-of-mind brand awareness, while also addressing
the critical need for security and accessibility in customer communications.
Additionally, the agency is adept at navigating complex regulatory frameworks,
ensuring that marketing efforts comply with varying international standards, a
crucial aspect for global fintech players.

The Formula for Effective Fintech Marketing

UF Agency’s
success is rooted in its data-driven, multichannel marketing campaigns that
comply with industry regulations. Recognising the need for dynamic marketing
strategies, the agency continuously adapts and optimises its approaches,
leveraging key performance indicators to measure and ensure success.

PR Creation &
Distribution

The process
begins with a deep understanding of each client’s unique needs, shaping a
tailored PR strategy. The agency’s extensive network across global fintech
publications allows for precise, targeted messaging that resonates with the
desired audience.

PPC Management

Expertise in
Pay-Per-Click advertising helps clients maximise conversions and revenue
growth. UF Agency’s holistic approach encompasses every stage of the PPC
funnel, ensuring ongoing optimisation for sustained success.

Review Management

Understanding
the power of online reputation, UF Agency offers specialised campaigns for
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crucial as a significant percentage of consumers rely on online reviews as much
as personal recommendations.

Search Engine Optimisation

Bespoke SEO
solutions provided by UF Agency include a comprehensive range of services from
site assessments and keyword research to on-page optimisation and backlink
strategies. This ensures that clients maintain a competitive edge in search
engine rankings.

UF Agency
combines data-driven strategy with creative digital-first approaches to forge
strong brand presences and drive business growth. Reflecting its evolving
identity and commitment to accessibility, UF Agency has relaunched its website,
inviting visitors to explore its range of services and industry insights.

Meet UF Agency at iFX EXPO Dubai
2024

UF Agency
will participate at the upcoming iFX EXPO Dubai 2024 at the Dubai World Trade
Centre, Za’abeel Hall 6. This key event in the fintech calendar presents a
unique opportunity for potential clients to learn from UF Agency’s team of
marketing experts.

Visit their
booth 95 on the 17th and 18th January 2024 and discover how their expert
insights and solutions can drive your brand’s success in the fintech world.

This article was written by FL Contributors at www.forexlive.com.