Back above the 200 hour MA for the first time since January 12 The EURJPY is making a break(s) higher in trading today. The first break was to get back above the 200 hour MA. That break took the price up to a topside trend line where sellers initially leaned. After a retest of the
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Closing changes for the main markets: S&P 500 down 12 points to 3841 (-0.3%) DJIA -0.6% Nasdaq +0.1% Russell 2000 +1.2% That’s a strange dynamic. It was neither tech nor large caps leading but small caps managed to clock a big gain. On the week: S&P 500 +1.2% DJIA 0.0% Nasdaq +3.3% Russell 2000 +2.1%
The United States, which accounts for just 4 per cent of the global population, had 20 percent of all corona deaths was at the core focus as the country was hit by a second wave of the virus, resulting in much more deaths than the first wave. This was followed by the elections in the
Euro recovers mildly in early US session, after ECB said downside risks to the economic outlook are less pronounced. Though, it remains one of the worst performing for the week, together with Dollar, Yen and Swiss Franc. The greenback is clearly still under pressure for now, after worst than expected jobless claims data. Canadian Dollar
A shopper wearing a protective mask walks past a sale sign at an American Eagle Outfitters Inc. clothing store at Westfield San Francisco Centre in San Francisco, California, U.S., on Thursday, June 18, 2020. Michael Short | Bloomberg | Getty Images American Eagle ahead of a virtual meeting with investors Thursday said it expects fourth-quarter
Major US equity bourses closed the final trading day of the week in the red. A number of factors were cited as being behind the more defensive equity market tone. Stocks were given a mild boost following much stronger than anticipated preliminary January US Markit PMI numbers. Major US equity bourses closed the final trading
Steady as she goes Cable is 45 pips above the session low and set for the highest weekly close since May 2018. It had a setback today after touching a two-and-a-half year intraday high today but the market is taking the soft PMI and retail sales numbers in stride. It’s another example of the market’s
Forex news for New York trade on Markets: Gold down $15 to $1854 US 10-year yields down 2 bps to 1.85% S&P 500 down 12 points to 3841 WTI crude down $1 to $52.14 Euro leads, CAD lags The extremely strong manufacturing and services PMIs from Markit were a reminder that the US economy continues
After weeks of anticipation and a closely-watched series of preparatory steps, BadgerDAO’s synthetic rebasing Bitcoin, DIGG, is now live and claimable for qualified addresses on Ethereum mainnet. The release will be eagerly welcomed by a perhaps-overzealous community, one which has been lighting up Twitter with “wen DIGG” for weeks. For all the memes and excitement,
Gold prices fell as much as 1.8% on Friday as a broader market sell-off weighed on the metal along with a firm dollar, while hopes for further stimulus from the U.S. kept bullion on track for its first weekly gain in three. Spot gold fell 1% to $1,851.50 per ounce by 10:10 a.m. EST (1510
Dollar rebounds broadly today following receding risk appetite. Investors are apparently paring their gains in stocks. Swiss Franc and Euro are the next strongest, followed by Yen. On the other hand, Australian Dollar and Sterling are the worst performing. In particular, the Pound was weighed down by sharp deterioration in manufacturing data. Over the week,
An ‘Open House’ sign is displayed as potential home buyers arrive at a property for sale in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images Record-low mortgage rates may now be a headline of the past. Now, several weeks of rising rates are dousing what was incredibly high demand for refinancing. That pulled total
Intel CEO Robert “Bob” Swan announces the chip group’s new microprocessors called “Tiger Lake” at the technology fair CES in Las Vegas on Jan. 7, 2020. Christoph Dernbach | picture alliance | Getty Images On Thursday, financial wires published details of Intel’s fourth-quarter earnings results minutes ahead of the markets closing at 4 p.m., when
EUR/GBP is back above the 0.8900 level as EUR outperforms and sterling struggles. Sterling is being weighed by lockdown concerns and bad data, while the euro has been immune to bad news. Amid a divergence in euro and sterling strength on the final trading day of the week that has seen the former as one
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Russell 2000 index also lower The US stocks are closing mixed with the Dow down, the S&P near unchanged and the Nasdaq higher. The small cap Russel 2000 also closed lower on the day. All indices closed at records yesterday. The close higher in the S&P and NASDAQ are therefore new record closes today. The final numbers are showing: S&P