Major indices down for the second straight day It’s not a good start to the week as the major indices closed for the second straight day. S&P index fell -28.3 to points or my 0.68% at 4134.93 NASDAQ index fell -128.49 points or -0.92% at 13786.27 Dow -256.27 points or -0.75% at 33821.36 After the close
Month: April 2021
Forex news for Asia trading for Wednesday 21 April 2021 USD/JPY dropped under 108 again here today (it did so briefly yesterday also) before rebounding (a smaller rebound this time as I post) and subsequently dropped under 108 again (and is still under as I update). Chatter of a battle of flows, bidders said to
Gold prices rose on Wednesday, hovering near a seven-week high hit earlier this week, as a soggy dollar and a retreat in U.S. Treasury yields lifted demand for the safe-haven metal. Spot gold was up 0.2% at $1,779.85 per ounce by 0205 GMT, after hitting its highest since Feb. 25 at $1,789.77 on Monday. U.S.
Yen rebounds notably overnight, following the pull back in stocks. Market sentiment was weighed down by renewed concerns over coronavirus infections, which also dragged down oil prices. Dollar also followed and recovered. On the other hand, commodity currencies reversed their earlier gains. Overall, Yen is currently the strongest for the week so far, followed by
In this article NFLX (L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France. Stephane Cardinale | Corbis | Getty Images Netflix is set to report earnings for the first quarter of 2021 after the bell on Tuesday.
FX Strategists at UOB Group commented that further downside is still expected around USD/JPY in the next weeks. Key Quotes 24-hour view: “Our expectation for ‘the drop in USD to test 107.90 first before stabilizing’ did not materialize as it traded between 107.95 and 108.54 before closing little changed at 108.05 (-0.06%). The outlook for
The move back below the 100 hour MA hurts the bulls Earlier in the day, the AUDUSD held the 50% retracement of the last move higher from the low yesterday at 0.77604. That kept the buyers in play. The subsequent move below the level, however, saw the buyers turn to sellers, and on the break of the 100 hour MA (at 0.77475),
It’s been one year since oil was negative WTI is down 88-cents today to $62.53in a disappointing reversal after hitting a one-month high of $64.38 earlier today. We’re into the roll today so I’m looking at the June contract. The important recent move was on April 14 when crude jumped 5% and broke out of
Maize refined oil appears to be finding its place among mustard, soybean, cottonseed and groundnut oils. In the past 4-5 years, India’s maize oil production has almost doubled. Maize oil is consumed more in states of Gujarat and Maharashtra compared with other parts of the country. Northern states are also opening their doors to the
Some renewed concerns over global spread of coronavirus appears to be putting risk-on rally to a halt. In Japan, Tokyo Governor is seeking the government o declare a state of emergence to curb the infections ahead of the Olympics that just three months away. Situation in some countries like India remains severe. European Commissions said
In this article JNJ A Johnson & Johnson building is shown in Irvine, California. Mike Blake | Reuters Johnson & Johnson on Tuesday reported $100 million in first-quarter sales of its Covid-19 vaccine that’s on hold in the U.S. while U.S. health regulators investigate a rare blood-clotting issue. In releasinging its first-quarter financial results, the
EUR/USD lost its traction after climbing to fresh multi-week highs. US Dollar Index posts modest daily gains near 91.20. Wall Street’s main indexes suffer heavy losses on Tuesday. The EUR/USD pair climbed to its highest level since early March at 1.2080 on Tuesday but reversed its direction during the American trading hours. As of writing,
Daily Recap of the Cowabunga System for Thursday, 04/10/08. View the full post and add your comments here: http://www.babypips.com/blogs/pip-my-system/cowabunga_system_daily_update_237.html.
I put a lot of time in this In this video, where we cover 10 main subjects to teach you how to trade forex, what to study and how to develop. Time Stamps 0:00 Intro 2:17 1. First how to get started What do you need, what is forex trading and how do you start?
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The stakes have been upped for Cardano and Polkadot, with the two networks continuing to dominate the staked capitalization rankings. According to data from StakingRewards, Cardano is currently the top blockchain in terms of staked value, with roughly $26.4 billion worth of ADA allocated to securing the network. With Cardano’s entire capitalization tagging $36.6 billion,
The dollar has been the weakest performer in April It hasn’t been a good month so far for the greenback as it is sold once again going into European morning trade today. The dollar is weaker across the board with more technical levels being breached at the moment before Europe enters the fray. Of note,
Forex news for Asia trading for Tuesday 20 April 2021 The Australian, Canadian and New Zealand dollars all traded higher against the US dollar during the session, easily outperforming. More murmurings of commodity price gains did the rounds assisting these currencies higher. USD/JPY had an early move down, it took out a few stop loss
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