Euro weakens notably today as recovery momentum diminished quickly. Dollar is not gaining much, though, as commodity currencies trade broadly higher with new wave of buying. Australian Dollar is once again leading others. Canadian Dollar shrugs off weaker than expected inflation reading, and await BoC rate decision and the next move in oil price. In
James Gorman, chairman and chief executive officer of Morgan Stanley, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galici | Getty Images Morgan Stanley is set to report fourth-quarter earnings before the opening bell on Wednesday. Here’s what Wall Street expects: Earnings: $1.27 a
USD/TRY adds to Tuesday’s losses in the proximity of 7.40. The CBRT decides on the interest rate on Thursday. Markets’ attention remains on the US Inauguration Day. The Turkish lira extends the upside momentum so far this week and now drags USD/TRY to the proximity of 7.40. USD/TRY cautious ahead of the CBRT USD/TRY trades
Watch this lesson to discover an effective scalping trading strategy that could help you become more successful when trading the Forex market. In this video you’ll discover: • How to use the Forex sessions in order to scalp and day trade the markets (how to buy and sell during London session) • How to interpret
FREE: ABFP Training – https://www.thetradingchannel.net/optinpage CHECK OUT: EAP Training Program – https://goo.gl/7RrMM5 JOIN: “Advanced Pattern Mastery Course” Waiting List- https://advancedpatternmasterycourse.com/overview ————————————- CLICK HERE TO SUBSCRIBE TO STEVEN’S YOUTUBE CHANNEL NOW: https://www.youtube.com/channel/UCGL9ubdGcvZh_dvSV2z1hoQ ————————————- Enjoyed this video? Check out some of our best education content about Forex trading: The #1 Trend Trading Technique Of All Time: The
This easy and simple forex trading strategy tutorial will help you win consistently in the market and become a more profitable forex trader. Subscribe now if you want more profitable forex trading strategies that are easy to do. https://t.me/tradekingsnews —————————————————————–
The price of Bitcoin (BTC) dropped sharply from $37,800 to $35,000 overnight, liquidating $572 million worth of cryptocurrency futures positions. There are three major reasons why the price of Bitcoin declined steeply in the past 12 hours. The reasons are an overheated derivatives market, growing doubt in the market, and the lack of upside volatility.
Gold trades up by 0.8% on the day For bank trade ideas, check out eFX Plus Price is trading closer to $1,855 currently as gold buyers are starting to try and push things in their favour a little in trading today. Of note, we are seeing price move back above the 200-day moving average (blue
A slight advance to kick start the session Eurostoxx +0.4% Germany DAX +0.2% France CAC 40 +0.3% UK FTSE +0.1% Spain IBEX +0.4% For bank trade ideas, check out eFX Plus This reflects the more positive mood in US futures as well, with S&P 500 futures up 0.2% and Nasdaq futures up 0.6% currently. Equities
NEW DELHI: Gold and silver futures prices in the domestic market gained in the morning trade for on Wednesday following the trend in the international market, as hopes of a massive stimulus bolstered the prospects for precious metals. The dollar index eased further from a four-week high hit earlier in the week, while most US
Canadian Dollar is a main focus today with BoC rate decision featured. Recent strong risk-on markets haven’t given the Loonie much lift. It’s upside is somewhat capped as oil price turned into consolidation after last week’s spike. Also, traders turned cautious before BoC’s indication on the chance of a micro rate cut. Elsewhere, Dollar and
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs reported fourth-quarter earnings before the opening bell on Tuesday. Here are the numbers: Earnings: $12.08 a share, vs. $7.47 per share expected, according to Refinitiv.Revenue: $11.74 billion, vs. $9.9 billion estimate. Expectations
China’s Foreign Ministry said in a statement on Wednesday, they strongly oppose the US accusations over the human rights issues in the north-western region of Xinjiang. The Ministry said they oppose the US’ interference in China’s internal affairs. These comments come after US Secretary of State Mike Pompeo officially declared that China is committing genocide and
Topside trend line stalled the rally today The EURGBP remains confined in a range with 0.8865 as the low and 0.8934 as the high. The price has been mostly in that range since January 13 (5 days). The current price is between those 2 levels at 0.8897. That is also right around the 100 hour moving average at
Some comments on Iran, China. US along way from strengthening Iran deal Iran’s breakout time has gone from over a year to 3 to 4 months based on public reporting no doubt China poses the most significant challenge to the United states of any nation Trump was right to take tougher approach to China, although says he disagreed
This is the third article in a three-part series based on Gary Gensler’s extensive prior public statements on crypto. Here are parts 1 and 2. Cointelegraph has been busily digging through a treasure trove of likely future Chairman of the Securities and Exchange Commission Gary Gensler’s thoughts on crypto, especially from a series of lectures
Gold edged up on Tuesday as the dollar weakened ahead of U.S. Treasury Secretary nominee Janet Yellen’s speech later in the day, with prospects for more fiscal stimulus buoying bullion‘s appeal as an inflation hedge. Spot gold was up 0.2% to $1,840.56 per ounce at 9:25 a.m. EST (1425 GMT), recovering from its lowest since
Yen and Dollar remain the worst performing ones for today with markets generally in risk-on mode. Investors are awaiting US Treasury nominee Janet Yellen’s Senate hearing for more information on the her stance on fiscal stimulus and Dollar exchange rate. Though, buying focuses turned from commodity currencies to Euro and Swiss Franc. Australian Dollar is