Narrow trading ranges so far today The GBPUSD is breaking to a new day low as the 4 PM London fix approaches (11 AM ET). The price is trading at 1.38464. That as extended the trading range for the day to about 50 pips which is still well short of the 91 PIP average over the last 22 trading
Month: August 2021
New Delhi: Gold in the national capital on Monday dipped Rs 317 to Rs 45,391 per 10 grams, in line with a fall in international precious metal prices, according to HDFC Securities. In the previous trade, gold closed at Rs 45,708 per 10 grams. Silver also tumbled Rs 1,128 to Rs 62,572 per kg, from
Richard Clarida Scott Mlyn | CNBC Federal Reserve Vice Chairman Richard Clarida said Wednesday the central bank is likely to hit its economic targets by the end of next year and start raising interest rates again in 2023. While he said the jobs market still has to recover, Clarida noted that inflation is tracking to
Signage outside the Novavax Inc. headquarters in Gaithersburg, Maryland, on Friday, March 12, 2021. Al Drago | Bloomberg | Getty Images Novavax announced that it will delay the submission of its Covid-19 vaccine to the Food and Drug Administration for emergency use authorization until its fourth quarter. Shares of the biotechnology company slipped 10% after
GBP/USD Analysis: Bears looking to seize control below descending triangle support The GBP/USD pair struggled to capitalize on its post-BoE positive move and witnessed heavy selling on Friday amid a broad-based US dollar strength. Stronger-than-expected US monthly jobs report fueled speculations that the Fed could start tapering its asset purchases later this year, which, in
Watch this video to learn about things I didn’t know when I started forex trading, tips for beginner forex traders, and to learn more about my forex trading journey! In this video, I explain why I got started with forex and where I am now in my journey. I also list all the things I
► Important Risk Notice: https://transparentfxtrading.com/terms-conditions/#risk-disclaimer In this video, I will be sharing my EURUSD Swing Trading Analysis and trading strategy so you can watch the video to improve your forex trading skillset. ► Mentorship Program: https://transparentfxtrading.com/ ► TradingView: https://www.tradingview.com/u/transparent-fx/ ► Instagram: https://www.instagram.com/transparent_forex/?hl=it ► Facebook: https://www.facebook.com/transparentfxtrading ► Telegram: https://t.me/transparentfx ► Suggested Broker: https://transparentfxtrading.com/trusted-broker/
While the currency markets are rather quite, big surprise is found in gold price, which smashed to as low as 1684, hitting the lowest level since March. Silver also tumbled to as an eight-month low of 22.5. The move was, for certain, exaggerated by the ultra thin Asian morning. Yet, the near term bearishness is
The National Australia Bank Business Survey for July Business Confidence expected 15, prior 11 the drop in June was 9 points from May, its biggest in 11 months Business Conditions expected 10, prior 24 the drop in June (largest fall in 14 months) was from a record might in May (at 36) As noted above,
German DAX pressures that the all-time high but backs off The German Dax move to a intraday high today of 15808.24. That was just short of the July 44 high of 15810.68. The inability to make a new high led to some rotation back to the downside. Nevertheless, the German DAX index is closing marginally higher
Initial claims for unemployment insurance edged lower last week, meeting Wall Street expectations, while longer-term unemployment signs showed improvement, the Labor Department reported Thursday. First-time filings for benefits dipped to 385,000 for the week ended July 31, a decline of 14,000 from the previous week as the jobs market remains essentially in a holding pattern
In this article BYND Packs of Beyond Meat plant-based burger patties are displayed for sale. Paul Yeung | Bloomberg via Getty Images Beyond Meat on Thursday reported a wider-than-expected loss as higher costs and investments in its business weighed on margins. The company also expressed caution for the second half of the year, citing the
“Resurging cases of the COVID-19 virus and the austere measures imposed by regional authorities may hurt consumption and service sectors of China’s economy in the near term,” reduce employment and slow logistics, Chinese online media outlet, Yicai.com reported, citing economists. Read: China’s GDP forecast revised down sharply to 2.3% QoQ in Q3 – Goldman Sachs
Cryptocurrency is a new technology that has entered the common discourse, setting the stage for a complete upheaval of our long-established financial systems. Of course, some skepticism is unavoidable. Crypto’s association with criminality adds to this shared sense of skepticism. There is no denying that cryptocurrency has and continues to be used for illicit activities
Dollar soared towards the end of the week as the stellar job report should give Fed much confidence to start tapering later in the year. Reactions from stock markets and yields were also positive, with DOW and S&P closing at new records while 10-year yield rebounded. Together with the steep fall in gold, overall development
A Saturday vote in the US Senate, 67-27 vote in favour of a move to limit debate on the legislation 18 of the 50 Senate Republicans voted in favour this is a procedural agreement, not approval of the actual bill Negotiations continue on amendments and there are some pundits suggesting work on the legislation could be
Trades between 100/200 hour MAs The NZDUSD has followed the trend higher in the US dollar today (NZDUSD lower) after the stronger than expected US jobs report. The pair moved lower, and in the process cracked below its 100 hour moving average (currently at 0.70328), and continued through an old swing ceiling at 0.7018 to 0.70203 on it’s
Hiring rose in July at its fastest pace in nearly a year despite fears over Covid-19’s delta variant and as companies struggled with a tight labor supply, the Labor Department reported Friday. Nonfarm payrolls increased by 943,000 for the month while the unemployment rate dropped to 5.4%, according to the department’s Bureau of Labor Statistics.
- « Previous Page
- 1
- …
- 17
- 18
- 19
- 20
- 21
- …
- 26
- Next Page »