USD/JPY rebounds from 105.40 support but maintains a downward bias. Resistance at last week’s high 106.20 blocks passage above with 106.50 behind. Dollar weakness and the state of the US economy orders trading, as FXStreet’s analyst Joseph Trevisani notes. Key quotes “As has been true for most of the post-pandemic period and especially for the
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
NEW DELHI: Gold and silver saw profit booking in early trade on Monday as investors waited for further triggers and a speech by US Fed chair Jeremy Powell that may give a clue on monetary policy going ahead. Meanwhile, coronavirus treatment hopes also lifted risk sentiments. The U.S. Food & Drug Administration on Sunday said
The FOMC minutes for the July meeting revealed that the members remained concerned about the outlook of economic recovery. They had discussed a number of tools for further easing, including forward guidance, asset purchases, and yield curve targets. Meanwhile, the members again stressed that fiscal support is particularly important in supporting businesses and families amidst
Radix is taking a massive step into decentralized finance (DeFi) with the release of its first layer-one protocol made up of four different technologies. In a white paper, Radix said it had released four technologies it believes can bring DeFi for mass adoption. These are Cerberus, a high-speed network consensus mechanism, Radix Engine, for building
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Down $0.48 or 1.12% The price of WTI crude oil futures settle that $42.34. The last 7 weeks have settle between $42.02 and $40.27. Week ending Fri 3 July: $40.65 Week ending Fri 10 July: $40.55 Week ending Fri 17 July: $40.59 Week ending Fri 24 July: $41.29 Week ending Fri 31 July: $40.27 Week
Here is what you need to know on Monday, August 24: The greenback advanced ahead of the weekend, partially backed by encouraging local data, yet also due to profit-taking amid the extreme oversold conditions of the American currency. Coronavirus: Spain, France and Germany are seeing sharp increases in the number of new daily cases, reaching
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
New Delhi: Domestic cotton prices have increased about 5% in the past one week and may remain firm as buying by spinning mills and overseas firms has picked up, traders said. “The domestic demand of cotton has seen an increase with most of the spinning mills now running at 80% capacity. We anticipate the domestic
As suggested in the CFTC Commitments of Traders report in the week ended August 18, NET SHORT for USD Index futures slipped -667 to 7 515 contracts. Speculative long positions added +337 contracts and short positions were down -330 contracts. It is possible for further decline in NET SHORT amidst rebound in the greenback. The
VANCOUVER, British Columbia, Oct. 24, 2019 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (CSE:VST)(FWB: 6F6)(OTC:VSQTF) is pleased to announce V2 Games Inc. (“V2 Games”), a wholly-owned subsidiary of the Company, is raising $3,000,000 CAD in a private placement offering (the “Private Placement”) of unsecured convertible debentures (each, a “Debenture”) for gross proceeds of $3,000,000. Each Debenture
The price is above the all-time high close the S&P index is making new session highs at 3396.86. That has pushed the price above the highest all-time closing level of 3389.78. The all-time high price reached 3399.54. The Dow is also trading at new session highs. It moved up to a high price of 27931.26 and
The total number of confirmed COVID-19 infections in Germany rose by 2,034 to 232,082, the report published by the Robert Koch Institute (RKI) showed on Saturday. On Thursday and Friday, Germany reported 1,510 and 1,707 new cases, respectively. Further details of the publication revealed that coronavirus-related fatalities increased by 7 to 9,267, as reported by
Coronavirus weekend news – Chinese media, Global Times, reports via Twitter that an official at the country’s National Health Commission official says China has officially launched emergency use of a vaccine the vaccine has been in clinical trial since July 22 GT also report on a more than 20,000 person phase III clinical trial in
Gold and silver prices recovered on Friday morning as international gold prices recovered from an over 3% slide in the previous session. The market reacted to rising US jobless numbers and Federal Reserve‘s concern economic recovery. Analysts said that market participants today will keep an eye on the preliminary manufacturing and service PMI (purchasing managers