NEW YORK: Oil prices edged lower on Monday despite a weaker US dollar, as rising coronavirus cases and tensions between the United States and China clouded the outlook for oil demand’s recovery. Brent crude fell 25 cents to $43.09 a barrel by 12:53 p.m. EDT (1653 GMT), while US West Texas Intermediate (WTI) crude fell
The powerful rallies in Euro and Gold remain the dominate theme for today as traders seems to be focusing on the worsening US-China relations as well as second wave of coronavirus infections in the US and Asia. Swiss franc tumbles sharply, as mainly pressured by the selloff against Euro while Yen is firm and resilient.
Household appliances are offered for sale at Home Depot in Chicago, Illinois. Getty Images New orders for key U.S.-made capital goods increased by the most in nearly two years in June and shipments accelerated, but the gains were likely insufficient to avert the deepest plunge in business investment and economic activity since the Great Depression
This photo of a production version of Tesla’s Model Y was included in the company’s Q4 2019 earnings report. Tesla Tesla plans to report second-quarter results Wednesday after the bell, and all eyes are on the bottom line at Elon Musk’s electric car and renewable energy business. If Tesla achieves positive net income for the
Bitcoin’s (BTC) recent breakout was accompanied by a massive spike in on-chain exchange volume activity, according to data from Glassnode. On-Chain exchange activity. Source: Glassnode. Unlike regular trading volume that is often artificially inflated by the exchanges, on-chain activity may be more indicative of the true patterns. Interestingly, the only metric that experienced a downward
In this video for Best Forex Trading Software in 2018, learn how the Agimat FX Trading System can help even Beginners master Forex Trading. You can purchase this tool by clicking the link below Pick up my latest auto trader from UOP FX http://www.tradewithkima.com Let’s win together, Ontarian 877-785-8736 http://www.prodigymarketingonline.com #forextradingforbeginners #forextradingsoftware #bestforextradingstrategy #passiveincomeguru #ontarianhawkins
Eto na yung unang linggo na dokumentaryo ko ng pag trade ng forex. Nagaaral pa din tayo ng mga strategy, ginagamay ang mga bagay bagay dito sa merkadong ito. Ibabahagi ko yang lahat sa inyo Growers! ▶️ If you want to learn more from me, register on my Online Course : https://moneygrowers.ph/ ▶️ If you
The best FX trading strategies out there aren’t some magic indicator, some weird hack, or quick little tip. Stop looking for those, you’re going to lose. Instead, learn the one major thing top traders know that the other 99% do not. Your Forex trading plan must include this one concept. You’re entire account depends on
USD/JPY remained under some heavy selling pressure for the third straight day on Monday. Concerns about rising COVID-19 cases, sliding US bond yields continued undermining the USD. Mixed US Durable Goods Orders data did little to ease the heavily offered tone around the USD. The USD/JPY pair maintained its heavily offered tone through the mid-European
The USD is lower again (Gold at a record) as the new week begins The JPY is the strongest and continues it’s trend higher (USDJPY lower) and the CHF is the weakest (rebounding from its downward trend) as NA traders enter for the day (and start the week). The USD is lower once again with
Forex news from the European trading session – 27 July 2020 Headlines: Markets: JPY leads, CHF lags on the day European equities mixed; E-minis up 0.4% US 10-year yields down 1 bps to 0.579% Gold up 2.1% to $1,941.40 WTI up 0.3% to $41.43 Bitcoin up 6.3% to $10,235 The dollar fallout remains the key
SINGAPORE/LONDON: Oil prices edged lower on Monday as rising coronavirus cases and tensions between the United States and China pushed investors towards safe-haven assets. Brent crude dipped 20 cents, or 0.5%, to $43.14 a barrel by 1000 GMT, while U.S. West Texas Intermediate (WTI) crude dropped to $41.15 a barrel, down 14 cents, or 0.4%.
The upcoming FOMC meeting aims at preparing the market for changes in the monetary policy in September. At the meeting this week, the Fed will keep its policy measures unchanged at this week’s meeting, i.e., the Fed funds rate will stay at 0-0.25%, while asset purchases (QE) will be kept at a monthly pace of
Daniel Acker | Bloomberg | Getty Images As temperatures soar this summer, homebuyer demand is heating up with it. Add that to an already strong refinance market, and total mortgage application volume rose 4.1% last week from the previous week, according to the Mortgage Bankers Association. Helping to fan demand were mortgage rates hovering near
The board game Monopoly by toymaker Hasbro at a toy store in New York City. Getty Images Store closures, product shortages and lower retail inventory hampered Hasbro in the second quarter, as the company dealt with the fallout of the global coronavirus pandemic. Despite strong demand for toys in the quarter, Hasbro’s revenue fell 29%
Bitcoin (BTC) begins a new week above $10,000 and teasing investors with more gains — will it last or is a correction already guaranteed? Cointelegraph takes a look at the coming week and what it might have in store for the Bitcoin price — five factors that could take BTC/USD to the moon or back
Australia Victoria state expected to report 532 new cases of coronavirus, according to the Herald Sun. Australia Victoria to take longer than current lockdown period to slow virus, Reuters reported. Key notes May take longer than six weeks to flatten curve as virus now ‘embedded’ within community. Deputy chief medical officer Coatsworth warns. AUD/USD update AUD/USD
USDJPY cracks below the 105.98 May low The USDJPY has cracked below the May/June lows at 105.98 and 106.06 respectively. The pair has run to the lowest level since March 16, 2020. The low price has reached 105.755. With the break below the floor. That level now becomes the ceiling and risk level for shorts. Stay