Oil still riding high USD/CAD is nearing 1.2400 after a 54-pip gain today that’s part of a broader selloff in the commodity currencies. There’s nothing in the broader market that would suggest two days of decent declines in the loonie. Equities were strong yesterday and today. Treasury yields have generally been lower, and are flat
Month: June 2021
The government on Tuesday reduced import duty on crude palm oil to 10 per cent, and other palm oils to 37.5 per cent till September 30, a move that will help lower edible oil prices in the domestic market. The Central Board of Indirect Taxes and Customs (CBIC) in a notification reduced the basic customs
Dollar rises sharply today and takes the Japanese Yen higher too. There is no clear stimulus for the moves as other markets are mixed. The technical development suggests that this week’s retreat has completed already. New Zealand and Australian Dollar are currently the worst performing. But Euro and Sterling are not too far behind. Technically,
A home for sale on Wednesday, June 9, 2021 in Susanville, CA. Gary Coronado | Los Angeles Times | Getty Images Home prices in April saw an annual gain of 14.6% in April, up from a 13.3% increase in March, according to the S&P CoreLogic Case-Shiller National Home Price Index. Among larger cities covered by
Following its meeting on Tuesday, the OPEC+ Joint Technical Committee (JTC) made no policy recommendation, Reuters reported, citing two OPEC+ sources. The JTC also reportedly left its 2021 global oil demand growth forecast unchanged at 6 million barrels per day. Meanwhile, OPEC+ has moved the Joint Ministerial Monitoring Committee (JMMC) meeting to July 1 from June
Digital asset exchange platform Crypto.com opened a new U.S. dollar fiat on-ramp thanks to a new partnership with global payment provider Circle, according to a June 28 announcement. The partnership between Crypto.com and Circle enables users in over 30 countries to deposit dollars from their bank account and receive USD Coin (USDC), a popular dollar-pegged
Reuters reports, citing sources with knowledge of the matter The incumbent official is Kenji Okamura, who will be stepping down next month after having served on the post for a year. He is reportedly set to be replaced by Japan MOF policy veteran, Masato Kanda, according to the report. Just take note that Kanda has
Dow lags as Boeing, Chevron, AMEX slumps The S&P and NASDAQ index closed at record high levels and near highs for the day. Facebook shares gave the NASDAQ index a boost in the last few hours of trading as the district court dismissed the FTC antitrust case against Facebook (up 4.18%). Intel (up 2.81%) PayPal (up
By Javier Blas Doug King set up his hedge fund in the early days of the commodity super-cycle in 2004. It was perfectly timed: voracious Chinese demand lifted the price of everything from oil to copper to record highs. Investors flooded the commodities sector. At the peak, King’s Merchant Commodity Fund was managing about $2
Japanese yen is the worst performing major currency against US dollar in 1H21. A more hawkish Fed and actual inflation (divergent monetary policy), widening yield differential and inflation expectations are the key drivers to yen’s depreciation. In the second half of the year, persistence of these drivers could further strengthen USDJPY, though to a lesser
Gold rebounds from intraday low, prints two-day downtrend. Firmer US dollar weighs on the commodities during quiet session. Covid, Sino-American headlines join mixed Fedspeak to back the bears. Chart of the Week: Gold meets critical landmark Gold (XAU/USD) regains $1,778 during the bounce off an intraday low as European traders prepare for Tuesday’s bell. Even
https://tradingnut.com/michael-storm – Click for the full interview. Get Cam’s FREE Trading Robot here: https://tradingnut.com/rtcFREE After a fascinating podcast with Michael Storm, where he walked through virtually his entire Fx swing trading setup and his approach to the markets (not to mention his journey from successful Stock trader to Forex professional), he walked me through the
Hey guys! In today’s video, I will be discussing what I WISHED I KNEW before Trading! I hope you enjoy watching and find this video helpful 🙂 ▶ SUBSCRIBE to my YouTube channel for more lifestyle videos like this: https://www.youtube.com/channel/UC8f4… For ONLY Business/Collaborations Inquiries, contact me: samarachienye@aol.com Get the CANDLESTICK BIBLE pdf: https://thecandlesticktradingbible.com/?hop=samara24 Robinhood Link:
This is a moving average forex trading strategy and one of the easiest moving average forex strategies you will find out there in forex trading. Moving average forex explained and demonstrated in this video. With this, you can get simple moving average forex signals which might be of great help when it comes to forex
Forex news for North American trading on June 28, 2021. US rates went lower today with the 10 year yield moving down about 4.6 basis points (the 30 year was down -5.1 bps). That took the yield a few basis points below the 1.5% level. The most recent high reached 1.77%. The most recent swing
Lower swing area between 153.455 to 153.53 The GBPJPY has extended to a new session low and in the process is testing a lower swing area between 153.45 and 153.53. There were a number of swing lows going back to the week of May 10 and May 17 (on the four hour chart below). A break below that
LONDON: Oil prices slipped on Monday after hitting more than 2-1/2 year highs earlier in the session, as a spike in COVID-19 cases in Asia put a brake on their rally before this week’s OPEC+ meeting. Brent was down 33 cents, or 0.4%, at $75.85 a barrel at 1326 GMT, after climbing to $76.60, its
Dollar is pick up some upside momentum as markets enter into US session. Overall trading is rather subdued though. Economic calendar is near empty today while central bankers’ comments are largely ignored. Sterling is currently a firmer one together with the greenback. Swiss Franc is the worst performing one, together with commodity currencies. Technically, as
- « Previous Page
- 1
- 2
- 3
- 4
- …
- 26
- Next Page »