Rotation lower after spike higher stalls ahead of the week’s high The USDJPY spiked higher in the early NY session on the dollar buying trend, but after the pair could not extend above the high from Thursday and USD selling returned, the price of the pair followed the leaders (or others) and moved back lower
Month: September 2020
The UK Times has the report, saying the European Union is demanding the potential veto. The Times cites senior government officials in the article saying the EU’s chief negotiator, Michel Barnier, is said to be insisting that London must agree not to implement any change to UK legislation that could distort trade with the bloc without
By Anthony Di Paola and Salma El Wardany Saudi Arabia cut pricing for oil sales to Asia and the U.S. for October shipments, a sign that the world’s biggest exporter may see fuel demand wavering amid flare-ups in the coronavirus. State oil producer Saudi Aramco is cutting its benchmark Arab Light crude more than expected
According to the CFTC Commitments of Traders report for the week ended September 1, NET LENGTH for crude oil futures declined further, by -9 784 contracts to, 490 915 for the week. Speculative long position fell -6 429 contracts, but shorts rose +3 355 contracts. NET Length is expected to shrink further with selloff of
U.S. productivity rose at a 10.1% rate in the second quarter as the number of hours worked declined by the largest amount since the government started compiling the data more than 70 years ago. The Labor Department said Thursday that hours worked fell by 42.9%, contributing to a 37.1% decline in output as the coronavirus
A blockchain-based app aimed to make travel during the pandemic easier has been launched. The app, called ICC AOKpass, allows users to verify their COVID-19 status instantly. Dorjee Sun, CEO of blockchain firm Perlin, told CIR Magazine that ICC AOKpass “uses a common global standard that can be deployed and used anywhere in the world
High winning forex trading system 2020 is the Burning Man trading robot. Here we look at this high frequency trading robot in detail. It is a forex grid trading system and we show exactly how this works and if it could work for you. The broker we recommended for best executions is – https://bit.ly/37KOalQ (use
http://www.exforexbroker.com/ & http://www.tallinex.com/?i=127767 I am a full time trader and a former commodities / stock broker / Forex Broker from the US. I have traded stocks, bonds, options, fx, currencies, futures, commodities, etc. I have worked side by side with multimillionaire traders. I have seen rags to riches but mostly riches to rags to rags
BEST and EASIEST Forex Price Action Trading Strategy that will change your trading career. GAAAAAAAAAAAAANG GUYS. This is a price action strategy I developed over the last few years of my trading career. It’s actually VERY SIMPLE…which is what trading should be all about. A lot of people make trading complex with indicators and scanners
Down -$1.60 or -3.87% The price of crude oil futures are settling at $39.77. That is down -$1.60 or -3.87%. The high for the day reached $41.87 and the low extended to $39.35. A week ago the price for the October contract closed at $42.97. Today’s close was the lowest since June 30. The price
Commenting on the August US jobs report, “payrolls were +1.37 million in August, close to the +1.35 million consensus,” noted TD Securities analysts. Key quotes “Private payrolls rose a lesser 1.027 million but the household survey employment measure rose 3.756 million and unemployment fell to 8.4% from 10.2%. The household survey series is much more volatile than the
Options fever in the equity market The FT report that SoftBank had been buying massive volumes of equity options grabbed all the attention in markets on Friday. Now there are more details of the trade, which is still largely mysterious. From the WSJ: Regulatory filings show SoftBank bought nearly $4 billion of shares in tech
By Prathamesh MallyaIn the past three months (June to August), crude oil prices consolidated with the brent trading in the price range of $37 and $46 range. WTI traded in the range of $34-$44, while the MCX crude oil prices traded in the range Rs 2,800-3,250/bbl in the same time frame. This conundrum has been
Dollar stays firm as recovery continues while Yen is following as the second strongest. While US stocks continued their record run overnight, Asian markets are generally in red outside of Japan. As for today, Euro is currently the worst performing, followed by Sterling, and then Australian Dollar. Focuses will turn to ISM non-manufacturing from US
New filings for jobless claims totaled 881,000 last week, better than estimates as the employment market continued its gradual progress during the coronavirus pandemic recovery. Economists surveyed by Dow Jones had been looking for a total of 950,000. The number reflects an improving labor market as well as a change in methodology from the Labor
Apple shares are now higher on the day The US stocks are continuing to clawback the sharp declines. The Dow industrial average is ticked positive for a moment. The S&P index and NASDAQ index continue to remain in the red but well off their low levels. A snapshot with less than an hour left in trading
EUR/USD is trading just above flat after struggling after the NFP data. There is also a support trendline that is working very well at the moment. EUR/USD 4-hour chart EUR/USD has had a tough week as the greenback made a small comeback. The lack of progress in fiscal talks in the US and an ECB
COVID-19 – The US Food and Drug Administration is getting political heat to approve vaccines prior to the US election. Bloomberg report firms are planning to band together to issue a pledge to not send any Covid-19 vaccine to the FDA for review without extensive safety and efficacy data Bloomberg citing unnamed people familiar with the
- « Previous Page
- 1
- …
- 20
- 21
- 22
- 23
- 24
- …
- 26
- Next Page »