Wall Street Journal report on apparent breaking of the impasse on Fed powers. Senate Democrats and Republicans have reached an agreement over constraints to the Federal Reserve’s emergency lending powers, clearing a last remaining hurdle for a $900 billion pandemic aid package. The Journal says that thus a vote on the stimulus package is expected
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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
When you start trading from a retail perspective it is a bit like entering a profession as an amateur. So, for example, imagine starting life out as a practising lawyer, but before taking a law degree. Or how about starting as doctor, but before you attended medical school. Now, if you follow that analogy, starting
Forex news for North American trading on December 18, 2020 The day (and week for that matter) started with hopes for deals. One was for a Brexit deal out of the EU/UK. The second was a deal out of US lawmakers for a Covid stimulus deal. Both did not happen with negotiations continuing into the weekend.
Guar gum prices on Friday fell Rs 151 to Rs 6,144 per five quintal in futures market as traders offloaded their holdings in line with weak trend at spot market. On the National Commodity and Derivatives Exchange, guar gum for December delivery fell by Rs 151, or 2.4 per cent, to Rs 6,144 per five
Trading in the financial markets are rather subdued today, pretty much in pre-holiday mood. Dollar is still in recovery mode but upside momentum has been very weak. The greenback is set to end as the worst performing one, followed by Canadian and then Swiss Franc. On the other hand, Sterling is also paring some gains,
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
Gold prices rose marginally by Rs 21 to Rs 49,644 per 10 gram in the national capital on Friday, reflecting overnight gains in the international market, according to HDFC Securities. The precious metal had closed at Rs 49,623 per 10 gram in the previous trade. Silver prices, on the other hand, declined Rs 259 to
Dollar recovers broadly today as markets turn into consolidative mode. The greenback pars back some of f the previous selloffs. but remains the worst performing one for the week. Canadian Dollar and Swiss Franc follow as the next weakest. On the other hand, Sterling and Aussie turn a bit softer, but remain the best weekly
President Trump is reported to have told associates he wants ”at least” $1,200 per person and possibly as much as $2,000 per person Washington Post with the report that White House aides intervened Thursday to prevent the President from issuing a statement calling for stimulus payments in the next relief package up to $2K Trump
Copper prices neared their highest in almost eight years on Thursday as stockpiles around the world fell, the U.S. Federal Reserve promised to pump more money into markets and hopes for a U.S. stimulus package this week grew. Investors bought riskier assets across the board, sending global equities to new peaks, oil prices to a
Dollar’s selloff intensifies further today, after worse than expected job data. Also, markets are generally on risk-on mode, as traders are optimistic that stimulus deal could be reached in the Congress soon. Swiss France is currently the next weakest, having little reactions to SNB rate decision. Australian and New Zealand Dollars are taking turns to
The usual stuff that we’ve been hearing for months on end In this final stretch of talks, transparency & unity are important as ever: Debriefed @Europarl_EN Conference of Presidents this morning on EU-UK negotiations. Good progress, but last stumbling blocks remain. We will only sign a deal protecting EU interests & principles. For bank trade
Gold prices rose Rs 194 to Rs 49,455 per 10 gram in the national capital on Thursday, tracking firm overseas trend, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 49,261 per 10 gram. Silver prices also gained Rs 1,184 to Rs 66,969 per kilogram from Rs 65,785 per
Dollar’s decline continues in Asian session today, with mild risk-on markets in the background. FOMC rate decision overnight triggered little reactions in the markets, and the greenback holds on to the near term trajectory. Sterling is currently the strongest one, awaiting BoE rate decision, and more news regarding Brexit trade talks. New Zealand Dollar is
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