Gold prices in the national capital fell Rs 141 to Rs 48,509 per 10 grams on Monday, continuing the previous day’s weakness, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 48,650 per 10 gram. Silver, however, gained marginally by Rs 43 to Rs 66,019 per kg, from Rs
Month: January 2021
It’s the same old story as Asian markets open in risk-on mode. Commodity currencies strengthen broadly, but led by New Zealand Dollar this time. On the other hand, Swiss Franc, Yen and Dollar are the weaker ones, while Euro and Sterling are mixed. Trading could be subdued today with a thin economic calendar. ECB President
NZD/USD started the new week on a firm footing. US Dollar Index fluctuates in a tight range above 90.00. Wall Street’s main indexes look to open in the positive territory. The NZD/USD pair gained traction during the Asian trading hours on Monday and advanced to a daily top of 0.7218 before going into a consolidation
38 pip trading range today for the EURUSD. Up and Down. The EURUSD moved above its 200 hour MA yesterday and stayed above that MA level. On Wednesday this week, the price tried to make a break but failed, and the price fell back but found support against the underside of a broken trend line.
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
During the second half of 2020, we saw a growing interest in cryptocurrencies from institutional investors and big capital. However, all the attention of the whales, as well as all the attention of the public, was fixed on Bitcoin (BTC). Today, we will look at why Ether (ETH) is a more attractive asset and why
The FOMC meeting in the coming week will not bring any change in the monetary policy. Economic activities have moderated since the December meeting, while resurgence in the coronavirus cases could hurt economic activities more seriously than previously expected. Yet, roll-out of more fiscal stimulus and positive vaccination progress suggest that policymakers might keep the
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs reported fourth-quarter earnings before the opening bell on Tuesday. Here are the numbers: Earnings: $12.08 a share, vs. $7.47 per share expected, according to Refinitiv.Revenue: $11.74 billion, vs. $9.9 billion estimate. Expectations
Iraq, the OPEC’s second-biggest producer will pump around 3.6 million barrels daily in January and February, Bloomberg reported, citing Ali Nizar, the deputy head of State Organization for Marketing of Oil (SOMO). According to data compiled by Bloomberg, Iraq produced around 3.85 million per day in December. The planned oil output cut in January and
The BuySell Magic Pro Forex trading system in full effect. Inspired by the no nonsense Forex trading style. This trading system employs a 4-Step filter of non-repainting indicators that gives you the best high probability entry setups on their confluence. When this trading system is executed with great money management rules, your success in Forex
How do you tell the best forex trading strategy from a terrible one? Andrew Lockwood (from Forex Signals) is here to explain how to evaluate and find the best trading strategy using these simple trading metrics. Just backtesting a forex strategy and looking at its past performance is not enough, you need to measure how
Major indices down around -0.3% to -0.6% in early trading the US stocks opened lower but are seeing some early buying. A snapshot of the market currently shows: S&P index -16.7 points or -0.43% of 3836.20. The low reached 3833.24 NASDAQ index -42 points or -0.31% 13489.30. The low reached 13463.66 Dow industrial average -175 points or -0.56% the
Global macro outshines domestic macro The top two items on the Canadian dollar agenda this week were the retail sales report and the Bank of Canada. The retail sales numbers today were up 1.3%, crushing the flat estimate. Ex-autos were +2.1% versus the +0.3% consensus. December advance numbers took the shine off but that’s a
Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries that new pandemic restrictions in China will curb fuel demand in the world’s biggest oil importer. Brent crude futures fell 73 cents, or 1.3%, to $55.37 a barrel by 1501 GMT, after a 2 cent gain on Thursday.
Euro recovers mildly in early US session, after ECB said downside risks to the economic outlook are less pronounced. Though, it remains one of the worst performing for the week, together with Dollar, Yen and Swiss Franc. The greenback is clearly still under pressure for now, after worst than expected jobless claims data. Canadian Dollar
Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected to announce its fiscal second-quarter earnings before the bell Wednesday. Here’s what Wall Street analysts surveyed by Refinitiv are expecting: Earnings
XAU/USD’s downside appears more compelling. Technical set up on the daily chart favors the bears. Focus remains on Biden’s stimulus passage and Fed decision. Gold (XAU/USD) witnessed a steep drop on Friday after facing rejection at the 21-daily moving average (DMA) of $1876 once again. The sell-off drove the metal below the 50-DMA and 200-DMA
- « Previous Page
- 1
- …
- 5
- 6
- 7
- 8
- 9
- …
- 25
- Next Page »