Live Forex Trading Session and Chart Analysis 17th Nov 2022 | London Session | 10am GMT. Streaming 10am GMT every Tues, Wed & Thur. Ask Questions in the live chat section. I look at and analyse a whole range of pairs including minor and major forex pairs, commodities and crypto pairs and analyse charts for
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AUDUSD is consolidating around technical levels now In an earlier post, the price of the AUDUSD was on a downward move, but as outlined in the post, the range for the day had reached the 22-day average and the potential for a slowing of momentum was a possibility. That is what happened, and the bounce
USD/JPY has dribbled lower on the day. In the Tokyo morning we had the October inflation data released. It is continuing to gain. Bank of Japan Governor Kuroda appeared in the Diet afterwards and repeated yet again that he sees the current high (for Japan) levels of inflation as only transitory and expects the cost-push
In this article GPS Follow your favorite stocksCREATE FREE ACCOUNT Holiday shoppers take part in early Black Friday shopping deals at the Gap store in Times Square in New York. Brendan McDermid | Reuters Gap on Thursday beat Wall Street’s quarterly revenue expectations, but gave a cautious outlook for the holiday season. The apparel retailer
United States Senators Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX — Sam Bankman-Fried and John Jay Ray III, respectively — on Nov. 16 to ask for more information on the collapse of the cryptocurrency exchange. They made 13 requests for documents, lists and answers. “The public is owed
Gold prices rose, nearing three month high in Wednesday’s trade as cooling US inflation signalled bets for smaller rate hikes. Rekindled geopolitical tensions due to missile blast in Poland also pushed gold prices higher. Gold futures on were trading up by 0.48% or Rs 254 at Rs 52,999 per 10 grams. Similarly, silver futures jumped
Dollar’s recovery is starting pick up momentum in early US session, as risk off sentiment deepens. The development is reflected in broad based selloff in Australian and New Zealand Dollar. Sterling is also weak as mild reaction to UK’s new budget statement. Canadian Dollar and Euro are the firmer ones next to Dollar, while Yen
What you need to take care of on Friday, November 18: The market mood remained sour, which help the US Dollar to recover some of the ground lost earlier in the week. Nevertheless, the greenback posted uneven and modest advances across the FX board, as speculation the US Federal Reserve will soon pivot weighed more.
USDCHF snaps back higher The USDCHF has seen a sharp fall in the month of November after initially moving higher over the first 2 trading days of the month, only to find sellers leaning against the October high at the 1.01471 level. The next 8 days saw the price retrace the entire move up from
Production -10 vs -22 prior Composite -6 vs -7 prior Prices paid +22 Prices received +19 Selected comments: “Competition for new workers continues. While increasing wages and benefits, team members feel that it is not enough. We need relief from inflation, especially housing costs if we are to satisfy the expectations of our workers.” “Our
In this article GRAB Follow your favorite stocksCREATE FREE ACCOUNT Singapore technology ride-sharing and food delivery service company Grab logo is displayed on a smartphone screen. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images Singapore-based ride-hailing and food delivery giant Grab narrowed losses and broke even in its deliveries segment for the first
Wholesale prices increased less than expected in October, adding to hopes that inflation is on the wane, the Bureau of Labor Statistics reported Tuesday. The produce price index, a measure of the prices that companies get for finished goods in the marketplace, rose 0.2% for the month, against the Dow Jones estimates for a 0.4%
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NEW DELHI: Gold prices were trading lower on Thursday, slipping on the back of a firm US dollar after better-than-expected US retail sales data clouded hopes of a smaller rate hike. On the other hand, Poland’s president on Wednesday said a missile that hit his country was probably a stray Ukrainian defence projectile, dispelling fears
The forex markets are still engaging in corrective trading in Asian session today. Despite stronger than expected job data, Aussie trades lower following mild risk-off sentiment. Kiwi, Loonie and Sterling are are softer. On the other hand, Dollar, Yen and Swiss Franc are the firmer ones, while Euro is mixed. For now, the selling in
USDCAD gains traction for the second straight day and is supported by a combination of factors. Weaker Oil prices undermine the Loonie and act as a tailwind amid a pickup in the USD demand. Traders now look forward to the US macroeconomic releases and Fedspeak for a fresh impetus. The USDCAD pair builds on the