AUDUSD has moved back below its 100 hour moving average The AUDUSD broke below the 100 hour MA for the first time since March 16, and the break sent the pair from 0.7491 to the session low at 0.7466. That will was just above the swing lows from Thursday’s trade at 0.74656. There are now
admin
> Kremlin says would use nuclear weapons if there was a threat to the existence of the state ukraine Putin would use nuclear weapons only when there is a ‘threat to the existence of the state’ more to come ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular You might also
The crude oil market heads into another week of uncertainty, buffeted on one side by the ongoing war between Russia and Ukraine and the expansion of COVID-related lockdowns in China, the world’s largest crude importer. Brent crude and U.S. West Texas Intermediate (WTI) crude surged last week. The two benchmarks gained 11.5% and 8.8%, respectively,
Yen remains the weakest one today, but there is some short covering as global benchmark treasury yields also retreat. Selling focus is turning Sterling instead. For now, Aussie and Dollar are the strongest one for the day, followed by Canadian. Euro is mixed, helped by recovery against Swiss Franc. Gold recovers quickly after initial dip
The gold price is down on the day, losing around 1.9% at the time of writing as the US stock market rises later in the day for a positive close in hopes of a breakthrough in peace talks surrounding the Ukraine crisis. Ukraine Peace talks hopes The FT released an article that states that Russia
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 4:00pm EST to trade the NYSE,
It took Ethereum’s native token Ether (ETH) only two months to recover from a brutal selloff at the beginning of 2022. ETH price breaks out but risks remain ETH price reached near $3,350 on March 28 after rallying by over 30% in just two weeks, and by more than 50% when measured from its year-to-date
The USDJPY continues to run to the upside. The pair is now approaching the 122.00 level. The high prices reach 121.965 so far. Moving above the 122.00 level and staying above would push the price toward the higher extremes on the weekly chart (see earlier post HERE). There may be some sellers against that 122.00
Welp, that was quick. But it is fitting with the sort of moves we have seen this year with 10-year Treasury yields hitting well above 2% and oil already having hit $125 so early on in Q1. Breathtaking stuff. USD/JPY jumped above 123.00 in Asia trading and has now briefly clipped 125.00 before some profit-taking.
NEW DELHI: Gold prices dropped on Monday as hopes of peace talks between Russia and Ukraine strengthened, denting the demand for the safe-haven asset. A strong rally in the US dollar also weighed on the sentiments. The dollar index hit a more than one-week high, making gold more expensive for other currency holders. Gold futures
Yen’s selloff resumes as another week starts on rising treasury yields while Asian stocks are mixed. European majors are also under some selling pressure, with Euro, Sterling and Swiss Franc steady among themselves. Meanwhile, Australian Dollar is performing well together with Dollar, trailed by Canadian and New Zealander. Gold dips notably on Dollar strength and
Huawei reported its first yearly revenue decline on record in 2021 as U.S. sanctions continued to hurt the company. But the Chinese technology giant’s income surged last year as it focused on boosting profitability. “Despite a revenue decline in 2021, our ability to make a profit and generate cash flows is increasing, and we are
“Fertilizer prices were already high before the war. They have now reached record levels amid a precipitous drop in Russian supply… The result is that fertilizer is about three to four times costlier now than in 2020” – Jon Emont and Silvina Frydlewsky, Wall Street Journal writers Sanctions against Russia following its invasion on Ukraine have
The USDJPY has moved up 13 the last 14 trading days and in the process has seen a move higher of 740 pips. Yield differentials between the US and the Japan rate has been a big contributor to the move higher (see post here). Euro 10 year yield – Japan 10 year yield spread widens
Info comes via a Reuters report, main points: Scholz says the decision to become more energy independent means that we have to accept higher energy costs it would not help to keep Germany’s nuclear power plants running Germany’s coal exit is dependent on how quickly we make progress in expanding renewable energy Also, regime change
Oil futures extended gains on Thursday morning, after sharply rising in the first portion of the week, as traders weighed additional supply disruptions following reports of storm damage at a major export terminal system on the Black Sea. Brent futures were up about $1.06, or 0.9%, to $122.66 a barrel and U.S. West Texas Intermediate
A home with a sign indicating that it is under contract to be sold is seen in a neighborhood of downtown Washington. Jim Bourg | Reuters In a grim sign for the housing market’s busiest season, pending home sales, which measure signed contracts on existing homes, fell 4.1% in February compared with January, according to the