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Month: January 2021
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Gold prices ease from the multi-day high as US dollar marks corrective pullback. Risks dwindle amid virus woes, mixed prints of December’s activity numbers in Asia. Sustained upside break of short-term triangle favor buyers. Gold prices trim early Asian gains while receding to $1,921.67, up 1.21% intraday, ahead of Monday’s European session. The yellow metal
It’ll take a few days for the data agenda to ramp up but to kick off the new year: 2200 GMT Australia – Markit Manufacturing PMI for December (final) 2300 GMT Australia CoreLogic House prices for December 0030 GMT Japan – Jibun Bank/Markit Manufacturing PMI (final) for December For bank trade ideas, check out eFX
A former top investigator is warning that “a high-stakes game of chicken” between the Internal Revenue Service (IRS) and cryptocurrency holders who fail to properly report their earnings will be entering a new phase in 2021 as the tax collection agency begins to focus on pursuing “civil and, potentially, criminal penalties.” In an article co-authored
Silver prices rose by Rs 92 to Rs 68,197 per kg in futures trade on Friday as participants widened their bets on firm spot demand. On the Multi Commodity Exchange, silver contracts for March delivery gained Rs 92, or 0.14 per cent, to Rs 68,197 per kg in 14,044 lots. Analysts said the rise in
Here is what you need to know on Monday, January 4: The dollar closed the year on a weak note and may remain under selling pressure. Wall Street kept advancing, adding pressure on the greenback. The DJIA and the S&P closed at record highs. The shared currency eased on profit-taking but held above 1.2200 against its
Looking to go out for the year at the highs The AUDUSD is trading at the highest level going back to April 2018, surpassing the June 2018 high today at 0.7676 in the process. The high price reached 0.76855. The price trades just off the high at 0.7680. For the year, the low to high
Kyodo News reports on the matter It will be the first time that the Japanese capital exceeds the 1,000 mark and it adds to more uncertainty in the country as the new year approaches. Despite the Japanese government throwing massive amounts of stimulus at the problem, the health crisis is still the main problem that
Crude oil prices rose by Rs 16 to Rs 3,540 per barrel on Friday as participants widened their positions on firm spot demand. On the Multi Commodity Exchange, crude oil for January delivery traded higher by Rs 16, or 0.45 per cent, at Rs 3,540 per barrel in 1,222 lots. Analysts said raising of bets
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Wall Street’s main indexes trade little changed on Thursday. US stock markets will close early on New Year’s eve. S&P 500 Energy Index is down nearly 1%. Major equity indexes in the US started the day near Wednesday’s closing level as trading volume remains thin on New Year’s Eve. As of writing, the Dow Jones
Up $0.40 or 0.83% The price of WTI crude oil futures are settling at $48.40. That’s up $0.40 or 0.83%. The high price reached $48.66. The low price extended to $47.61 Looking at the daily chart for the February contract, the high price for the year was on January 3 at $57.68. The low price was
The winners and losers among the major currencies space in 2020 It has been a long and weary year with plenty of twists and turns along the way but here we are, wrapping up the final day of a historic 2020. Everything that we knew about the year was completely eviscerated in the first three
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin price quickly climbs to $31,000, liquidating $100 million of