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Month: April 2021
Two trading apps have risen to the top of Apple’s App Store in recent days. Robinhood holds the number one position, with Coinbase in second, at time of publication on Friday. In third: popular social media platform TikTok. YouTube, Instagram and Snapchat hold the fourth, fifth and sixth positions respectively. One possible conclusion? Folks are now
EUR/USD touches 1.1995 The euro keeps on knocking but it can’t get into the 1.20 range. It hit 1.1995 but has quickly faded back to 1.1975 into the London fix. Stops and offers are building up on both sides of the figure. It might take until next week but a run is coming and it
I still don’t trust it, but buyers are making a play on the sharp run higher I have not been a big fan of the GBPUSD of late. It has had an overabundance of very volatile up and down price action (which is different than non-trending). It does not have a rhythm. Case in point, the price tumbled
NEW DELHI: Gold prices rose marginally by Rs 9 to Rs 46,431 per 10 gram in the national capital on Friday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,422 per 10 gram. Silver also gained Rs 53 to Rs 67,460 per kg from Rs 67,407 per kg
Dollar edges lower today but there is no follow through selling so far, in quiet markets. Still, the greenback is set to end the week as the worst performer, followed by Canadian and Swiss Franc. Sterling dipped notably earlier today but quickly recovered. Australian and New Zealand Dollar are soft, consolidation this week’s gains, as
In this article PEP Cases of Pepsi are shown for sale at a store in Carlsbad, California, April 22, 2017. Mike Blake | Reuters PepsiCo on Thursday reported quarterly earnings that topped analyst estimates as consumers maintained their pandemic snacking habits. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported
Gold has been extending its gains, benefiting from the persistent drop in US Treasury yields. Returns on ten-year US debt has remained below 1.60%, making the yieldless precious metal more attractive. Moreover, it seems that the XAU/USD bulls are lifting their heads, with fresh interest. How is gold positioned on the technical charts? The Technical Confluences Detector is
Forex news for Asia trading for Friday 16 April 2021 Morning trade in Asia has been characterised by a stronger USD across the major FX board. The move was not driven by news nor data (although we had a reasonable flow of both) but a combination of position trimming ahead of the big data release
Gold breaks the range to the upside Just when it looked like gold had formed a double top, it’s broken out to the upside. Falling Treasury yields and the ‘buy everything’ mode in the markets at the moment have given a big lift to gold today. It’s up $27 to $1763, which is the highest
Gold jumped to its highest in over a month on Thursday as the dollar and US Treasury yields retreated despite better-than-expected US economic data, pushing more investors to bullion as a refuge against possible inflation ahead. Spot gold rose 1.7% to $1,766.13 per ounce by 11:07 a.m. EDT (1507 GMT), having earlier risen to $1,767.60,
The forex markets turned mixed in Asian session. Dollar is taking a breather after yesterday’s selloff, but remains the worst performing one for the week. Australian Dollar retreats mildly after strong employment data. But the Aussie is still the second strongest for the week, just after New Zealand Dollar. Canadian Dollar attempted to follow upside
Construction worker make infrastructure repairs on the intersection of Church Avenue and Coney Island Avenue in the Flatbush neighborhood of Brooklyn borough on April 06, 2021 in New York City. Michael M. Santiago | Getty Images The setting for 2021 seems clear: A powerful growth trajectory fueled by an influx of government spending as the
Jane Fraser, chief executive officer for Latin American at Citigroup Inc., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup is scheduled to report first-quarter earnings before the opening bell Thursday.Here’s what Wall Street expects: Earnings: $2.60 a share,
NZD/USD pauses a two-day winning streak in the Asain session. Mixed Chinese data points to concerns on the pace of economic growth. A bounce in the US dollar drags the pair in the corrective mode. After posting solid gains in the last two sessions, the NZD/USD pair seems to halt its upside momentum. The pair
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Forex trading order blocks In this video you will learn the order blocks and how to use them in forex trading. (ICT CONCEPT) If you haven’t watched the previous videos, see playlists and watch them in arranged order. #twfforex #forextrading #movingaverages #forextrader https://www.instagram.com/twfforex/ Tweets by twfforex https://facebook.com/twffx
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