Dollar is currently the strongest one for the week so far, as helped by strong rally in treasury yields as well as pull back in stocks. Yen also stays week but the selling in crosses is cushioned by uncertain risk sentiment. Sterling is also soft with eyes on the energy troubles. But overall development is
admin
GBP/USD falls to a low of 1.3505, its lowest since 13 January Invest in yourself. See our forex education hub. The break to the downside below the July low in trading yesterday is a big win for sellers from a technical perspective and there are little signs of an immediate bounce back for the time
Latest data released by Eurostat – 29 September 2021 Economic confidence 117.8 vs 116.9 expected Prior 117.5 Industrial confidence 14.1 vs 12.5 expected Prior 13.7 Services confidence 15.1 vs 16.5 expected Prior 16.8 Eurozone economic sentiment edges up in September, beating estimates of a drop – aided by an improvement to industrial sector sentiment as
NEW DELHI: Bucking global trends, gold and silver futures rose on Wednesday. Gains were, however, limited by a rise in the dollar and US Treasury yields on growing expectations of an earlier-than-anticipated interest rate liftoff. The dollar index hovered near a more than 10-month high touched on Tuesday. The benchmark US 10-year Treasury yields held
Federal Reserve Chairman Jerome Powell, in remarks to be delivered Tuesday, cautioned Washington legislators that the causes of the recent rise in inflation may last longer than anticipated. In a speech that he will deliver to the Senate Banking Committee, the central bank chair said economic growth has “continued to strengthen” but has been met
It has just been confirmed that Fumio Kishida has won the LDP leadership election effectively confirming him as Japan’s next PM. He is considered a moderate and has experience in various positions. The yen is set to shrug off the new Japanese leadership and continue to weaken due to rising US bond yields Kishida confirmed
Sterling tumbles broadly today on increasing talks of energy shortages due to a post-Brexit shortage of truck drivers, as well as a halt to license testing during pandemic lockdowns. Mild risk aversion, which start in European markets, is also weighing down some commodity currencies. Nevertheless, there is little lift to Yen overall, which stays weak
The United States Commodity Futures Trading Commission, or CFTC, is ordering crypto exchange Kraken to pay more than a million dollars in civil monetary penalties related to allegations the exchange is violating the Commodity Exchange Act. In a Sept. 28 statement, the CFTC said U.S.-based crypto exchange Kraken — operating under the name Payward Ventures —
Major indices all closed sharply lower The NASDAQ index got hammered today with a decline of -2.83%. It was the worst day since March 18. The NASDAQ index has closed lower for the third consecutive day The S&P index fell 2% on the day and it was its worst day since May 12. The energy
Japanese PM Suga is stepping down. His party chooses a new leader today. Lead contenders are: former party policy chief Fumio Kishida head of Japan’s vaccination drive Taro Kono Also in the running: former Internal Affairs and Communications Minister Sanae Takaichi the LDP’s executive acting secretary-general Seiko Noda The LDP vote is today, Wednesday 29 September
Mumbai: National Commodity and Derivatives Exchange (NCDEX) on Tuesday said it has migrated its live trade data centre to Yotta Infrastructure Solutions. The partnership with Yotta has made NCDEX the country’s first and only exchange to operate from an Uptime-certified Tier-IV data centre, the commodity exchange said in a statement. “We are excited to partner
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell speak Tuesday to the Senate Committee on Banking, Housing and Urban Affairs on efforts their respective institutions have taken to
GBP/USD bears taking control below critical weekly support. GBP/USD could break into new bearish longer-term ranges. GBP/USD tumbled around 1.27% on Tuesday and below the July-Sep lows amid risk aversion as a steep rise in US Treasury bond yields and fears for the economic impact of a shortage of gas in Britain overshadowed rate rise expectations
Best Forex Trading System – Part 4.4 – Critical Study of SR Fractals and FX Flows
Gold Forex analysis Forecast | Gold Forex trading strategies | Forex tutorial | #XAUUAD Move Today Please click on : ↪►►Subscribe Now : https://www.youtube.com/channel/UCz2fuo6kitwzG-ILVNyByAw Connect With Twitter ↪►► https://twitter.com/raufkhanryk Like Us on Facebook ↪►► https://www.facebook.com/abdulrauftips/ Website Visit ↪►► http://abdulrauftips.blogspot.com/ —————————————————————- DISCLAIMER: This Channel DOES NOT Promote or encourage Any illegal activities , all contents provided
Want To Trade The Best OVEREXTENSION Trading Strategy? Check This Out! GET SMARTCHARTS/GET THE TRADING PLATFORM I USE: ► https://smartcharts2.com/youtube Get Your FREE Ultimate Traders Cheat Sheet Here – https://bit.ly/3gAl24j Today is a really special day because I am teaching you one of the most potent overextension trading strategies in the forex market. I have
Strong rally in treasury yields is currently the main theme driving the markets. On the back on hawkish Fed rhetorics, 2-year yield rose to 18-month high, above 0.3%. Benchmark 10-year yield also breaks above 1.5% handle. Yen is currently the worst performing one, with persistent selling pressure. Euro and Swiss Franc are also weak. On
EUR/USD nears the August lows at 1.1664-66 Invest in yourself. See our forex education hub. The retreat since the start of the month is continuing for EUR/USD, with the dollar underpinned by the surge higher in Treasury yields since the technical break last week. The latest shove lower brings the pair down to 1.1673 and