Despite another rally attempt overnight, Dollar failed to break through near term range against others except versus Yen. The Japanese currency was licking wounds in Asian session but remains the worst performer for the week, following extended rebound in US and European benchmark yields. Canadian is the next weakest followed by Sterling. On the other
Month: February 2023
Share: WTI picks up bids to snap four-day downtrend, stays within one-week-old symmetrical triangle. 50-SMA, bearish MACD signals probe buyers, steady RSI line suggests further grinding of Oil price. Weekly high near $80.75 appers the last defense of Oil sellers. WTI crude oil licks its wounds around $78.30 during early Friday morning in Europe. In
GBPUSD bounces off the low from last week The GBPUSD moved down to test the swing low from last week at 1.19601. The low price they reach 1.1964 and stalled. The subsequent bounce has taken the price back above the swing area between 1.1991 and 1.2010 (or 1.2000 if you spilt the difference). That area
WTI crude oil closed at $78.49. That’s down $0.10 or -0.13%. The low price reached $78.18. The high prices at $79.76. Looking at the hourly chart, the low stall near the 200 hour moving average. Today’s low stalled ahead of the rising 200 hour moving average which is currently at $77.88. Crude oil remains above
A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters Consumer debt hit a fresh record at the end of 2022 while delinquency rates rose for several types of loans, the New York Federal Reserve reported Thursday. Debt across all categories totaled $16.9 trillion, up
In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT 07 December 2022, Berlin: Pam Kaufman, President & CEO Paramount, joins us for the Paramount+ launch event. The Paramount+ streaming service is now available in Germany. Jörg Carstensen | Picture Alliance | Getty Images Paramount Global said it saw its streaming business grow during the
Oil prices edged lower on Thursday after a large build in U.S. crude inventories but continued to trade in a narrow range as hopes for a Chinese demand recovery remained in focus. Brent crude futures fell 36 cents, or 0.42%, to $85.02 a barrel by 1042 GMT. U.S. West Texas Intermediate (WTI) crude futures were
Dollar is apparently trying for a breakout in early US session after strong PPI inflation data. US futures also tumble while 10-year yield jumps. Still, The greenback is staying in range so far except versus Yen. As for the week, Yen is still the worst performer followed by Kiwi and then Canadian Euro is the
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What if you traded forex using a strategy that has already made another forex trader a millionaire? Would you also become profitable? Probably! But of course, you and I both didn’t have such a strategy, until now. In this video, I will showcase a forex strategy that one trader used to grow his account from
Bitcoin moves up toward key swing area The price of bitcoin is now up 7.14% on the day and is moving toward the high from February. Above that is other swing areas going back May 2022. The swing levels come between $24258 up to $25401. Above that, the 38.2% of the move down from April
German DAX futures +0.3% UK FTSE futures +0.3% European equities put on a solid showing yesterday and are looking to continue their good form since the turn of the year, with another positive open being sighted. US futures are looking a bit more mixed after some early optimism, with the S&P 500 futures and Dow
Prices are displayed in a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Just as Federal Reserve officials have grown optimistic that inflation is cooling, news could come countering that narrative. All market eyes Tuesday will be on the release of the Labor Department’s consumer
In this article CSCO Follow your favorite stocksCREATE FREE ACCOUNT Cisco reported better-than-expected fiscal second-quarter results on Wednesday and lifted its forecast for the full year. Shares of the computer networking company initially jumped in extended trading before paring most of their gains. Here’s how the company did: Earnings: 88 cents per share, adjusted, vs.
Galaxy Digital Holdings CEO, Mike Novogratz, believes there’s a chance Bitcoin (BTC) could return to $30,000 or above before the end of March. According to a Feb. 15 Bloomberg report Novogratz spoke at a Bank of America conference the same day and said he would’ve been the “happiest guy” if 2022 ended with BTC at
Oil prices angled upward in early Asian trade on Thursday as the market shrugged off a giant U.S. crude inventory build and the International Energy Agency boosted its demand outlook. Brent crude futures rose 26 cents to $85.64 per barrel by 0131 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 34 cents to
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