New Delhi: Gold in the national capital on Wednesday tumbled Rs 302 to Rs 46,848 per 10 gram reflecting an overnight decline in international precious metal prices along with rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 47,150 per 10 gram. Silver also dipped Rs 81
Month: December 2021
A customer carries her purchases during Black Friday shopping at Fashion Outlets of Chicago in Rosemont of Greater Chicago Area, Illinois, the United States, on Nov. 26, 2021. Joel Lerner | Xinhua News Agency | Getty Images Strong consumer demand sparked a wave of CEO optimism about the economy over the next six months, the
In this article SNOW Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO. He is known as a demanding leader, and straight shooter. “I’ve often been in board meetings at other companies and the CEO will put up a list of 10 priorities … well, that’s the same as having no priorities,”
Using a stop-loss correctly can MASSIVELY improve your trading success, as you can imagine….. I break down the 3 core areas of how retail traders should use a stop loss correctly! 🚨🚨Improve Your Trading Performance 🚨🚨 Take the 2-week Fundamental Trading Bootcamp https://www.toptrader.io/university (Our bootcamp is 1v1 Mentorship, so Serious Inquiries Only) Best Forex Broker
The USD recovers some of Tuesday’s losses, as the shared currency finished in the green, amid Fed’s Powell hawkish comments. EUR/USD found dynamic support at the 50-hour simple moving average (SMA). Fed’s Powell favors a faster taper and expects inflation to moderate by 2022. During the New York session, the EUR/USD moderately falls, down some
While Bitcoin remains in a cool-off period after thrusting to its all-time high in early November and the decentralized finance (DeFi) sector in an apparent dry spell, gaming tokens seem to have taken the spotlight as massive gains are seen across the industry. The Sandbox’ SAND captured headlines as it spearheaded the enthusiasm for gaming
Dollar attempted for a rally overnight after hawkish comments from Fed Chair Jerome Powell, but momentum quickly faded. Instead, the greenback was dragged down by extended weakness in benchmark treasury yields. Overall market sentiment is stable in Asian session, helping commodity currencies rebound. Aussie is additionally lifted by better than expected GDP data. But then,
USD/JPY up close over 40 pips on the day to 113.55 currently The rebound today comes after buyers staved off a daily close below the 9 November low @ 112.73 as the greenback recovered some poise late on yesterday amid Fed chair Powell’s hawkish surprise. We are seeing buyers build on that in a push
Latest data from the Mortgage Bankers Association for the week ending 26 November 2021 Market index 604.2 vs 651.3 prior Purchase index 310.7 vs 295.7 prior Refinancing index 2,304.5 vs 2,706.2 prior 30-year mortgage rate 3.31% vs 3.24% prior A couple of things to note in the report, the first being that the steep fall
MELBOURNE: Oil prices clawed back some losses on Wednesday after steep falls in the previous session, as major producers prepared to discuss how to respond to the threat of a hit to fuel demand from the Omicron variant. U.S. West Texas Intermediate (WTI) crude futures rose 78 cents, or 1.2 per cent, to $66.96 a
Recruiters speak with potential applicants during a job fair in Leesburg, Virginia, on Oct. 21, 2021. ANDREW CABALLERO-REYNOLDS | AFP | Getty Images Claims for unemployment benefits dipped to their lowest point in more than 50 years the week before Thanksgiving — a remarkable rebound from the nosebleed levels earlier in the Covid-19 pandemic. The
In this article BIRD A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds said Tuesday that its third-quarter revenue rose 33% from last year, while its losses widened as the cost of opening stores and listing its
USD/CAD witnessed some selling on Wednesday and retreated further from an over three-month high. Rebounding oil prices underpinned the loonie and exerted pressure amid a subdued USD demand. Investors now eye the OPEC meeting, US macro releases and Powell’s testimony for a fresh impetus. The USD/CAD pair edged lower through the early European session and
When Tony Richards, the Head of Payments Policy at the Reserve Bank of Australia (RBA), read the recent survey results from Finder’s Crypto Report saying that almost one in five Australians owned crypto, he didn’t believe it for a second. However, the results had already been widely published around the country, gracing headlines for weeks.
Despite concerns over the new coronavirus variant Omicron, Fed Chair Jay Powell’s testimony before the Senate was hawkish. He suggested that the Fed could accelerate the tapering of asset purchases in order to curb strong inflation. US dollar extended rally against major currencies, with the exception of Japanese yen and Swiss franc. The testimony is
Fed Chair shifts his bias The Fed Chair shifted his bias toward the hawkish side getting rid of the “inflation is transitory” statement and plugging for a faster taper as well. The major indices all fell sharply with the small-cap Russell 2000 and S&P index leading the way (although the Dow and NASDAQ were also hit hard). The final numbers are showing: Dow
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 of your initial investment; do