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AUD/USD remains pressured inside a choppy range between 0.7275 and 0.7280 as Tuesday’s Asian session begins. The absence of US traders, major data/events restrict market activity at the week’s start. Geopolitical tension between China and India joins the Sino-US tussle to weigh on the risk-tone. Aussie NAB Business Confidence, US NIFB Business Optimism Index, Consumer
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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
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A better start after the Friday turnaround Eurostoxx +0.3% Germany DAX +0.6% France CAC 40 +0.3% UK FTSE +0.6% Spain IBEX +0.5% This follows the larger softer mood in Asia, but European equities are taking heart in a weakening currency from last week as they kick start the day a little higher. But the overall
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Gold price slashed more than 1.8% last week. Reasons for the selloff include better-than-expected US employment report, recovery in US dollar and rebound in Treasury yields. Gold’s correction from the peak has lasted for a month with over 6% of loss. More optimistic news about economic recovery and the coronavirus pandemic (e.g. vaccine) could raise
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Crypto YouTuber Sunny Decree recently saw his livestream cut short by YouTube, with the platform stating the video had violated its ‘harmful and dangerous policy.’ According to a Sept. 5 tweet from Sunny Decree, the video-sharing platform halted his most recent livestream on his English language channel — based in Switzerland, the content creator also
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