Dollar trade with a generally soft tone today, with strong risk-on markets in the background. But overall, most major pairs and crosses are bounded inside last week’s range. The economic calendar is extremely busy for the rest for the week. But there are still a couple of things to resolve, or the data would only
admin
In this Friday, Sept. 21, 2012, photo,a home is for sale in Oklahoma City. Average U.S. rates on fixed mortgages fell again to new record lows. The decline suggests the Federal Reserve’s stimulus efforts may be having an impact on mortgage rates. Mortgage buyer Freddie Mac said Thursday, Sept. 27, 2012, the rate on the
While economists at Credit Suisse remain structurally constructive on the Norwegian krone, there is potential for the Norges Bank decision on 17 December to disappoint relative to the market’s already quite optimistic expectations. Therefore, spikes in EUR/NOK towards 10.79 would rapidly find sellers. Meanwhile, the medium-term target of 10.41 in EUR/NOK is still in place.
Up $0.63 or 1.34% The price of WTI crude oil futures are settling at $47.62. That’s up $0.63 or 1.34% The high price today reached $47.73. The low price extended to $46.54. Technically the low price today based ahead of its 100 hour moving average. That level currently comes in at $46.63 a moving higher.
Japan trade balance for November misses the central estimate, comes in at a surplus of yen 366.8bn Trade balance adjusted 570.2bn beats Exports miss big time, -4.2% y/y Imports also a decent sized miss -11.1% The export result is not a good one Japanese industry, and the import result is not a good one for an
MELBOURNE: Oil prices dipped in early trade on Tuesday, with demand worries due to tighter lockdowns in Europe outweighing relief from vaccination rollouts and concerns about a flare-up of tension in the Middle East. U.S. West Texas Intermediate (WTI) crude futures fell 16 cents, or 0.3%, to $46.83 a barrel at 0158 GMT, while Brent
The forex markets are relatively mixed today. Sterling is generally higher but it’s capped by conflicting messages regarding Brexit trade negotiations. Canadian Dollar is currently second strongest, with help from mild strength in oil price. On the other hand, New Zealand Dollar is the worst performing, followed by Euro and Swiss France. Dollar is mixed,
Warren Buffett Gerry Miller | CNBC Warren Buffett, the legendary investor and chairman of Berkshire Hathaway, urged Congress to extend aid to small businesses as they continue to struggle through the coronavirus pandemic. “It’s an economic war,” Buffett told CNBC’s Becky Quick on “Squawk Box,” speaking alongside Goldman Sachs CEO David Solomon about helping small
Canada’s recovery from the pandemic is at a very difficult stage and a second wave of COVID-19 infections “could even deepen the economic hole”, Bank of Canada Governor Tiff Macklem said on Tuesday. Reuters reports Macklem told the Greater Vancouver Board of Trade that Canada had to boost both exports and productivity to ensure the
Sniper forex entries on AUDCAD with FOREX Trading SYSTEM – Forex Trading Strategies. My settings in video below – note that you can actually trade without all the other indicators – just the zone indicator if you tweak it right. i love using H4 chart… MY SETTINGS VIDEO: HOW TO USE THE SYSTEM: Forex trading
PLEASE SUBSCRIBE FOR INVITATIONS TO OUR LIVE STREAMS I’ve been trading forex live since 2004. Watch me go through the technicals and fundamentals of currency trading live. Do you have a question? JUST ASK! Download my chart templates below… EUR, USD, BTC, XAU, WTI Instrumental Metal Music | Metal Compilation Vol.1 | Royalty-Free Forex Video
Live from the DTTW trading floor! TRADERS with 50+ years of combined trading experience trade real money for real profits, and sometimes loss. Our multi-million dollar TV studio broadcasts the first and only professional Trading Show on YouTube Live. Join us on YouTube Live every weekday from 8:30am to 11:30am EST to trade the NYSE,
Completes an up and down lap The NZDUSD has had an up and down day. The initial move today was to the upside. As NY traders entered, the price started it’s reversal (along with the run higher in the USD). That took the price back down to the low for the day, and even through
Getting technical Almost all traders have taken part on the quest to find the holy grail of trading systems. The thinking goes, ‘If I could just find the right system I will have cracked it’. Hours are then spent back testing through the charts and then, often switching between systems on the perpetual hunt for
Turkey’s crypto and blockchain ecosystem welcomed 2020 with big ambitions and a strong track record from 2019, which was its best year ever in terms of adoption. Following the release of Statista’s “Global Consumer Survey 2019,” which lists Turkey as a global leader by a wide margin in terms of crypto use, one major crypto
NEW DELHI: Gold and silver futures prices in the domestic market gained on Tuesday as the US lawmakers indicated towards an economic stimulus that may come as soon as this week, making bullion attractive. Leaders of both parties in the United States appeared more upbeat over a pandemic relief aid bill likely to be attached
The latest set of economic data indicates economic recovery in China continued. Growth in industrial production improved slightly, while manufacturing investment accelerated, thanks to strong exports growth. Retail sales growth accelerated, suggesting internal circulation has taken effect. Industrial production expanded +7% y/y in November, inline with expectations and up +0.1 ppt from a month ago.
EUR/USD sidelined near 1.2150 as upbeat China data fails to inspire dollar selling. Coronavirus concerns overshadow vaccine optimism and China data and keep risk under pressure. The options market sees low odds of a continued rally while heading into the year-end. China data released early Tuesday showed the economic recovery broadened in November. So far,