UK Brexit Minister Lord David Frost said on Twitter on Friday that the UK and EU had made further limited progress on medicines but we have not reached agreement. 1. @MarosSefcovic and I met by video today to wrap up this week’s talks process about the Northern Ireland Protocol. We have made further limited progress on
Month: December 2021
The year-long mantra that the crypto market would see a blow-off top in December has proven to be a dud thus far and for the last week, most cryptocurrencies have been under sell pressure and Bitcoin (BTC) is encountering difficulty in trading above $47,000. That said, it’s not all bad news for cryptocurrency holders on Friday
The multi-decade high in US CPI reading appears to be failing trigger any move in Dollar. The greenback is staying in very tight range in general. Commodity currencies are indeed trying to regain upside momentum. Yen is set to end as the worst performing, followed by Swiss Franc and then Euro. In Europe, at the
Thank you for that wonderful introduction Adam and its certainly great to be back. For a table of current major support and resistance levels for the EUR/USD, GBP/USD, USD/JPY, EUR/GBP, EUR/JPY and USD/CAD please click on the link below. Support Resistance Summary April 23. ADVERTISEMENT – CONTINUE READING BELOW
New Delhi: Gold prices in the national capital on Friday gained Rs 61 to Rs 47,013 per 10 gram amid rupee depreciation, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 46,952 per 10 gram. Silver, however, declined by Rs 615 to Rs 59,273 per kilogram from Rs 59,888
The EUR/USD pair stalled at 1.1350 first and now marginally below 1.1300 again. In the view of economists at ING, we would need to see a clear hawkish twist by the European Central bank (ECB) to turn the tide for the slightly overvalued and not clearly oversold euro. Hard to turn the tide “EUR/USD may
French gaming giant Ubisoft Entertainment SA’s new nonfungbile token (NFT) project Quartz is facing strong pushback from the gaming community. Ubisoft unveiled the Beta launch of Quartz via a brief YouTube video on Dec. 8 that has 214,721 views at the time of writing. The project aims to combine NFTs and blockchain technology with existing
Market sentiment is generally positive in Asian session today. Australian and New Zealand Dollar are extending near term rebound. Other currencies are mixed, though. Canadian Dollar is paring some gains, after the non-eventful BoC rate decision. Sterling is trying to recover from yesterday’s selloff. Dollar and Yen are mixed. Technically, we’ll pay attention to both
Nasdaq and S&P moves toward unchanged The Nasdaq index has moved back to unchanged on the day after being up as much as 50 points (to 4862. Currently at 4815. Low reached 4810.97) The S&P index was up to 1988.63 but moved back down to a low of 1970.61. The close yesterday was at 1969.40
New Delhi: Gold prices slipped marginally by Rs 6 to Rs 47,156 per 10 gram in the national capital on Thursday on mixed global cues, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,162 per 10 grams. Silver also declined by Rs 158 to Rs 60,230 per kg
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Bank of Canada Deputy Governor Toni Gravelle said on Thursday that concerns about upside inflation risks are heightened much more than usual. We are likely to react a little bit more readily to the upside risk given it’s already above our inflation-control range, Gravelle added. For reference, the bank’s inflation-control range is 1.0%-3.0%. Market Reaction
Late Wednesday, Joseph Delong, chief technology officer of SushiSwap, the 13th largest decentralized exchange, or DEX, by trading volume, tendered his immediate resignation from the role. Explaining his decision, Delong gave the following statement: “I wish Sushi the best and am saddened that Sushi is so imperiled within and without. The chaos that is occurring
Dollar rebounds mildly entering into US session, as supported by surprisingly good jobless claims report. Risk-on rallies in the stock markets also losing some momentum, helps lift Yen mildly. As for the week so far, Aussie remains the best performer, followed by other commodity currencies. Swiss Franc and Yen are the worst ones. There’s still
Up $0.20 on the day or 0.39% The price of crude oil futures are settling the day at $50.95. That is up $0.20 on the day or 0.39%. The high price reached $52.20 The low price fell to $50.24. Looking at the hourly chart above, the price high did stall against its 200 hour moving
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not
NEW DELHI: Gold prices were marginally down on Thursday ahead of key inflation data and amid a firm US dollar. Inflation numbers could provide clues on the Federal Reserve’s next policy move. Bond yields moved higher, while the dollar also flexed its muscles, raising bullion’s cost to buyers holding other currencies. Gold futures on MCX
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