Month: June 2021

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
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Dollar rises sharply today and takes the Japanese Yen higher too. There is no clear stimulus for the moves as other markets are mixed. The technical development suggests that this week’s retreat has completed already. New Zealand and Australian Dollar are currently the worst performing. But Euro and Sterling are not too far behind. Technically,
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USD/JPY lost its traction during the American trading hours. US Dollar Index stays in the positive territory above 92.00. 10-year US Treasury bond yield erased majority of daily gains. Following Monday’s decline, the USD/JPY pair staged a technical correction and rose above 100.70 during the European trading hours. Nevertheless, the pair lost its traction in
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NEW YORK: Oil prices fell nearly 2% on Monday after hitting their highest since 2018 earlier in the session, as a spike in COVID-19 cases in Asia and Europe put a brake on the rally before this week’s OPEC+ meeting. Brent futures fell $1.33, or 1.8%, to $74.85 a barrel by 12:44 p.m. EDT (1644
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NEW DELHI: Gold in the national capital on Monday gained Rs 116 to Rs 46,337 per 10 gram reflecting strong global trends, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,221 per 10 gram. Silver also jumped Rs 161 to Rs 67,015 per kilogram from Rs 66,854 per
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Dollar is pick up some upside momentum as markets enter into US session. Overall trading is rather subdued though. Economic calendar is near empty today while central bankers’ comments are largely ignored. Sterling is currently a firmer one together with the greenback. Swiss Franc is the worst performing one, together with commodity currencies. Technically, as
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