Dollar rises in early US session after stronger than expected non-farm payroll data. It’s also supported by extended rebound in 10-year yield, which reclaims 3%. Euro also follows German yield higher. On the other hand, Canadian Dollar turns softer after poor employment data. Yen is mixed after the tragic death of former Prime Minister Shinzo
A sign is posted in front of the Levi Strauss & Co. headquarters on April 09, 2021 in San Francisco, California. Justin Sullivan | Getty Images News | Getty Images Levi Strauss on Thursday reported quarterly revenue and earnings that came in above Wall Street expectations, as the clothing company known for its denim said
During the week, the Swiss franc is still under heavy pressure, losing more than 2%. Broad US dollar strength across the board underpins the USD/CHF. USD/CHF Price Analysis: The pave towards parity is clear, but 0.9800 and 0.9975 are still on the way for USD/CHF buyers; otherwise, a re-test of 0.9700 is on the cards.
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► Important Risk Notice: https://transparentfxtrading.com/terms-conditions/#risk-disclaimer In this video, we show you the best moving average trading strategy that can help you take your trading to next level. The moving average used for this moving average trading strategy is the 50 EMA meaning the exponential moving average with a length of 50, Using moving averages in
NZDUSD test its 100 hour moving average The NZDUSD has moved higher today, helped by hopes for more Chinese stimulus going forward. The earlier move higher did see the pair extend above the 100 hour MA (blue line), but found sellers near a swing area between 0.61909 to 0.61966. The inability to extend higher has
Interesting remarks from the Chinese Govt on the potential for disastrous flooding in the country As the “critical period” starting in mid-July approaches, officials at all levels needed to “grasp the potential risks”, Zhou Xuewen, vice minister at China’s Ministry of Emergency Management, told a briefing. Across China this year, as many as 487 rivers
India Gold August futures were trading higher on Friday tracking the positive trend seen in the international spot prices as the dollar came slightly off two-decade highs. Despite the pullback, bullion is set to post its biggest weekly drop in more than a month as the elevated greenback hit demand, said a Reuters report. Gold
Overall markets are relatively quiet in Asian session today. There is little reaction to the tragic news that former Japanese Prime Minister Shinzo Abe was shot and gravely injured. Dollar and Yen remain the strongest ones for the week while Euro is the runaway loser, followed by Sterling by a distant. Focuses will now turn
Steel prices have taken a hit on monsoon arrival and the return of lockdown worries in China. Back-to-back resurgence in Covid-19 in China has dented the steel prices. Next week’s US CPI figures will be crucial for steel and base metals. Steel prices are declining firmly as more downside catalysts are adding to the surrendered
Some Voyager Digital account holders were surprised when they discovered that their deposits did not have the protection they thought they did after the crypto brokerage and lender filed for bankruptcy Tuesday. This could mean additional consequences for Voyager Digital. Voyager Digital filed for bankruptcy under Chapter 11, citing debts of up to $10 billion
NASDAQ index back above its 200 hour moving average The NASDAQ index is trading to a new session high. The price just reached 11591.13. The current price is just below that at 11584.67 up 222.84 points or 1.96%. Technically, the price has also moved back above its 200 hour moving average (green line in the
Time flies when you’re back at work. It went so fast that I missed the European equity close. Sharply higher after The European major indices closed sharply higher led by Italy’s FTSE MIB which rose over 3%. The UK FTSE 100 gain of 1.14% after Prime Minister Boris Johnson’s resignation The final numbers are showing:
Gold in the national capital on Thursday slipped by Rs 436 to Rs 50,551 per 10 grams, according to Securities. In the previous trade, the yellow metal had finished at Rs 50,987 per 10 grams. Silver, however, gained Rs 233 to Rs 56,750 per kg from Rs 56,517 in the previous trade. In the international
Sterling recovers today, in particular against Euro and Swiss Franc, after Boris Johnson resigns as UK Prime Minister. But Aussie is so far still the strongest for the day. Euro remains generally weak but Dollar and Yen are also paring some recent gains. For the week, Aussie is the best performer for now, followed by
In this article SSNNF 2330-TW 2303-TW .FKRX300 Samsung shares rose on Thursday, dragging Asian chipmakers higher after the South Korean technology giant posted “better than feared” earnings guidance for the second quarter. The numbers assuaged investors’ concerns about rising inflation, deteriorating consumer demand and higher material costs for semiconductor firms, though analysts cautioned that demand
The yellow metal got bolstered by an upbeat sentiment and a soft US dollar. Gold’s recovery might be short-lived as US Treasury yields rise, a headwind for XAUUSD’s prices. Gold Price Forecast (XAUUSD): Could uptick towards $1760 before continuing to the downside. Gold (XAUUSD) spot bounces off the multi-month lows at around $1730s and grinds