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Month: December 2020
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🏦 U.S. Dollar / Canadian Dollar Hello Traders, Here is The Full Analysis for This Pair.. Let me Know in The Comment Section Below if You Have any Questions.. The Entry Will be Taken Only if All Tules of The Strategies Will be Satisfied. I Suggest You Keep This Pair on Your Watchlist and See
GBP/USD trade to its highest levels since May 2018 but just be mindful that thin liquidity conditions are still prevailing this week For bank trade ideas, check out eFX Plus The push higher in the past few sessions owes more to do with the dollar slipping up rather than the pound surging, with cable now
2020 was a wild year in European equity trading European bourses closed out the year with a whimper, falling across the board: UK FTSE 100 -1.45% German DAX -0.3% French CAC 40 -0.9% Italy MIB -0.1% Spain IBEX -1.0% On the year, there was some wide divergence in performance,, with UK stocks posting the worst
Oral care, pharmaceutical and confectionary companies including Colgate Palmolive , Procter and Gamble and Mars Wrigleys are likely to increase the purchase of mentha oil in the coming quarter which will take exports close to pre-Covid levels, companies and trade bodies said. India is the largest producer and exporter of mentha oil and its derivatives.
After gaining almost +10% this year, we expect EURUSD to strengthen further in 2021. While Eurozone continues to struggle with slow recovery and subdued inflation, the broad-based weakness in US dollar is anticipated to support the pair. As we mentioned in the previous report, we are bearish over US dollar due to dissipation of yield
Wall Street’s main indexes trade little changed on Thursday. US stock markets will close early on New Year’s eve. S&P 500 Energy Index is down nearly 1%. Major equity indexes in the US started the day near Wednesday’s closing level as trading volume remains thin on New Year’s Eve. As of writing, the Dow Jones
Looking to go out for the year at the highs The AUDUSD is trading at the highest level going back to April 2018, surpassing the June 2018 high today at 0.7676 in the process. The high price reached 0.76855. The price trades just off the high at 0.7680. For the year, the low to high
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
The XRP token’s market capitalization has fallen almost $130 billion since its all-time high in 2018, making the cryptocurrency project’s decline comparable to the collapse of major financial institutions. According to Josh Frank of crypto-focused research company The TIE, the project is experiencing a collapse similar to some of the biggest corporate scandals and catastrophes
Silver prices on Wednesday rose by Rs 243 to Rs 68,340 per kg in futures trade as participants widened their bets on a firm spot demand. On the Multi Commodity Exchange, silver contracts for March delivery gained Rs 243, or 0.36 per cent, to Rs 68,340 per kg in 13,967 lots. Analysts said the rise
Dollar remains the worst performing one for today, after earlier downside breakout. Though, selling focus has shifted away from Euro. Currently, Australian Dollar an Sterling are the strongest one, followed by New Zealand Dollar. But Yen buying is accelerating in early US session. It’s unsure who will end up as the best performer for the
AUD/USD rises to the fresh high since April 2018 following China’s NBS PMI data. The headline Manufacturing PMI eased to 51.9 but Non-Manufacturing PMI jumped to a three-month high of 55.7. Risk-tone remains positive tracking Wall Street gains and Brexit deal passage amid a light calendar. US stimulus, virus updates are the key before the
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GBP/USD moves back above 1.3600 in thin trading For bank trade ideas, check out eFX Plus The dollar is keeping weaker across the board as its struggles going into the year-end continues, with EUR/USD having neared 1.2300 earlier and GBP/USD now climbing back above the 1.3600 handle in European trading. The pair looks towards the
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