Month: September 2020

Price moved above its 200 hour moving average/38.2% retracement The EURUSD has been able to slice through its 200 hour moving average and 38.2% retracement near the 1.1722 area. That level is now close support and risk for buyers/longs (down to 1.17132).   The next key target comes in at the 1.17557 level. That is home to the 50%
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New Delhi: Silver prices on Tuesday rose by Rs 330 to Rs 60,726 per kg in futures trade as participants widened their bets on firm spot demand. On the Multi Commodity Exchange, silver contracts for December gained Rs 330, or 0.55 per cent, to Rs 60,726 per kg in 16,371 lots. Analysts said the rise
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Asian markets trade with a mixed tone today despite strong rebound in the US overnight. Positive sentiments couldn’t carry through to the session again. Nevertheless, Yen is trading slightly weaker in general, followed by Canadian and Dollar. Aussie and Kiwi are the firmer ones together with Sterling. In particular, the Pound is maintaining yesterday’s gain
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Nasdaq leads the way The major indices closed higher across the board with the NASDAQ ending up leading the way.  The S&P and NASDAQ have now posted 3 days of higher closes.  All 11 sectors of the S&P closed higher.  The energy and financials led the rally today.   The Dow post the best day cents September 9 The final numbers are showing:
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In its latest analysis, conveyed by Bloomberg, JPMorgan Chase & Co. highlight risks to the traditional safe-havens, like gold and Japanese Yen, due to the easy-money policies of most central banks. John Normand from the bank said, “Defensive assets are delivering their weakest performance and therefore worst hedge protection of any equity sell-off in at
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New Delhi: Gold in the national capital went down by Rs 194 to Rs 50,449 per 10 grams on Monday amid weak global prices of the precious metal, according to HDFC Securities. In the previous trade, gold had closed at Rs 50,643 per 10 gram. Silver also declined Rs 933 to Rs 59,274 per kilogram
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After securing millions of dollars via an initial coin offering in 2017, decentralized data housing platform Filecoin now aims to launch its main net. Filecoin will move over to its own blockchain in stages, rather than all at once, according to a Sept. 27 blog post. “Launching a blockchain is an involved and lengthy process,”
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New Delhi: Cottonseed oil cake prices on Monday traded flat at Rs 1,808 per quintal in futures trade. On the National Commodity and Derivatives Exchange, cottonseed oil cake for December delivery traded at Rs 1,808 per quintal with an open interest of 19,850 lots. However, cottonseed oil cake for January delivery fell by Rs 10,
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