The low today could not fall below the 38.2% retracement The GBPUSD bottomed in the NY session just above the 38.2% at 1.2509. In an earlier post, I outlined how the pair needed to get back below that MA level and stay below. It could not. The sellers turned back to buyers. The price has
The latest data from Florida Yesterday’s report Cases for the day 10,292 vs. 11,446 yesterday Cases up 3.2% vs. 7 day average of 4.3% Total cases 337,569 vs. 327,241 yesterday Resident hospitalizations 20,632 vs. 20,191 yesterday Hospitalizations +441 vs +366 prior Median age of cases 41 vs. 41 yesterday Total deaths 90 vs. 128 yesterday positivity 12.17%
SINGAPORE: London copper fell on Friday, hit by worsening U.S.-China relations and rising coronavirus infections that could dampen global economic recovery and demand for metals. The Trump administration is considering a ban on travel to the United States for all members of the Chinese Communist Party and their families, a person familiar with the matter
Euro ended last week as the strongest one, as pushed up by hope of an agreement over EU’s post-pandemic recovery fund. The strength was particularly apparent against Swiss Franc and Sterling. Yet, up till the time of writing, there seems to be no consensus reached at the EU summit yet. Dutch Prime Minister Mark Rutte
Customers get information from a reception desk at a UnitedHealthcare store in Queens, New York. Michael Nagle | Bloomberg | Getty Images UnitedHealth said on Wednesday its second-quarter profit more than doubled, helped by lower medical costs due to a fall in healthcare utilization following coronavirus-fueled lockdowns and social distancing. Net earnings attributable to shareholders jumped
Two alleged criminals, one suspected of stealing thousands of Bitcoin and the other a money launderer with connections to Hezbollah, were extradited from Cyprus, according to the Department of Justice or DOJ. One of the suspects is wanted in Georgia and Arizona for cyber intrusion and extortion and the other is wanted in Florida for
European Council President Charles Michel made a new proposal to break the deadlock at the EU summit, Reuters reported on Saturday, citing an internal document and EU diplomats. “To assuage concerns by the northern camp of thrifty EU countries led by Dutch Prime Minister Mark Rutte, the share of free grants in the proposed 750
Down -$0.16 or -0.39% The price of WTI crude oil futures are settling at $40.59. That is down -$0.16 or -0.39%. The high for the day reached $40.90. The low extended to $.40.02. The September contract settled at $40.75, down -$0.18 on the day. For the week, the contract settled at $40.55. With the settle
What moved in the market last week It’s unusual to see this pair on the opposite end of the spectrum. The divergence in AUD and NZD is also odd given the virus outbreak in Victoria. Make sure to save your spot for the July 28 live event. [embedded content] For bank trade ideas, check out
New Delhi: Gold prices in the national capital fell by Rs 271 to Rs 49,729 per 10 grams on Friday amid a strengthening rupee, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 50,000 per 10 grams. Silver also declined by Rs 512 to Rs 53,382 per kg from
As suggested in the CFTC Commitments of Traders report in the week ended July 14, NET SHORT for USD Index futures added +100 to 5 039 contracts. Speculative long positions slipped -13 contracts and short positions gained +87 contracts. Concerning European currencies, NET LENGTH in EUR futures soared +7 315 contracts to 110 912. NET
An employee moves a pizza to an oven at a Domino’s Pizza Inc. restaurant in Chantilly, Virginia. Andrew Harrer | Bloomberg | Getty Images Domino’s Pizza on Thursday reported that its quarterly U.S. same-store sales soared 16.1% as more consumers ordered pizza delivery and takeout during the coronavirus pandemic. Shares were down 1.5% in morning
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Cloudflare, a major company responsible for running an array of functions for websites across the internet, suffered downtime on July 17, affecting a large number of websites’ functionality. The downtime ultimately caused a drop in Bitcoin (BTC) transactions. “The Cloudflare DNS [Domain Name System] outage can be seen reflected in the rate of Bitcoin transactions
XAU/USD extended its rally and closed sixth straight week higher. Strong support for gold seems to have formed near $1,800. Pair could stage a technical correction before pushing higher. The troy ounce of the precious metal gained $11 last week and registered its highest weekly close since September 2011 at $1,810. Moreover, the XAU/USD pair
CFTC Commitments of Traders: EUR shorts increased. Coming Up! Title text for next article LON +1 SDNY+10 NY -4 TYO +9 GMT Technical Analysis Weekly FX speculative positioning data from the CFTC EUR long 111K vs 104K long last week. Longs increased by 7K GBP short 14K vs 16K short last week. Shorts trimmed by