Canadian dollar was the top performer this week USD/CAD broke down to a fresh three-year low today, edging through the February floor. It’s the culmination of a great week for the currency that was capped off with a very strong jobs report. At the bottom of the ledger is the yen, which isn’t a surprise
Bitcoin hits $61,000 While the financial market casino closes on Fridays, it stays open in crypto and that flow of interest tends to be bullish. Looking at the past 13 weekends, there are 8 gains and 4 declines with one weekend virtually unchanged. The gains also far outpace the declines. The lines on this chart
NEW DELHI: Silver futures on Friday dropped Rs 776 to Rs 66,769 per kg as participants reduced their bets on low demand. On the Multi Commodity Exchange, silver contracts for May delivery tumbled by Rs 776, or 1.15 per cent, to Rs 66,769 per kg in a business turnover of 12,444 lots. Silver traded lower
What you need to know on Monday, March 15: The American dollar eased heading into the weekly close against most major rivals, although retained its dominant strength. US Treasury yields provided support to the greenback, reaching fresh one-year highs. The bond market volatility is expected to continue leading the way this week. Wall Street closed
Crude oil settles down $0.41 or -0.62% The the price of WTI crude oil futures are settling at $65.61. That is down $-0.41 or -0.62%. The high for the day reached $66.24. The low extended to $65.41. For the week, the high price (and high for the recent cycle) reached $67.98 on Monday. The low price was on Wednesday at $63.13.
Impressive milestone History has shown many times that when the American war machine gets going it’s unstoppable. Biden moved up the goal to full availability at May 1 this weekend. It looks like they could do it even faster. The good news is that the entire world is likely on a quicker curve as well.
NEW DELHI: Zinc prices on Friday fell 0.55 per cent to Rs 216.60 per kg in futures trade as speculators reduced their exposure taking negative cues from spot market. On the Multi Commodity Exchange, zinc contracts for March delivery traded lower by Rs 1.20, or 0.55 per cent, to Rs 216.60 per kg in 2,110
Australian Dollar leads other commodity currencies higher today on improved market sentiments. Asian stocks are trading generally higher, following the record close in DOW overnight. Investors found some comfort from the soft yet acceptable 10-year auctions. Dollar, Yen and Swiss Franc turn softer as a result. Now, focus will turn to ECB rate decision, economic
The S&P 500 and Dow both hit record closing highs for a second session, having recovered from a pre-market sell-off. The Nasdaq 100 was unable to recover into the green as rising long-term interest rates weighed. Strong US data, reopening/pandemic optimism and fiscal stimulus optimism all helped support risk appetite. In the end it was
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Beeple NFT auction closes at record-setting $69.3 million There’s plenty
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Dow industrial average continues to lead the way and the Nasdaq lags far behind The S&P index is traded to a new session high 3937.66. That took the price nearly to unchanged on the day. The current price is at 3937.31, down -2.03 points or -0.05%. The Dow industrial average continues to lead the charge with a gain
CFTC Commitments of Traders: EUR longs trimmed by 24K to the lowest level since June Coming Up! Title text for next article LON SDNY+11 NY -5 TYO +9 GMT Weekly 4X futures positioning data for the CFTC for the week ending Tuesday, March 9, 2021 EUR long 102K vs 126K long last week. Longs trimmed by
NEW DELHI: Coriander prices on Friday rose Rs 82 to Rs 6,987 per quintal in futures trade as speculators widened their holdings tracking firm trend at the spot market. On the National Commodity and Derivatives Exchange, coriander for April delivery went up Rs 82, or 1.19 per cent, to Rs 6,987 per quintal with an
Global equities struck a strong note in ending last week, with help from fresh US stimulus and ECB’s pledge to accelerate asset purchases. Yen, Dollar and Swiss Franc ended as the worst performing ones. Canadian Dollar was the strongest on the back of risk-on sentiment, while additional supported up expectation of BoC tapering and strong