EUR/GBP bulls pause after three-day uptrend, ahead of the key data. Sour sentiment, Brexit and a light calendar offered sluggish start to the week. EU GDP, jobs report seems less worrisome than the UK data. EUR/GBP eases inside an immediate 10-pip trading range surrounding 0.8500 during Tuesday’s Asian session. The cross-currency pair rose for three
Month: August 2021
Forex news for North American trading on August 16, 2021. The North American session began with stocks lower, yields down and the dollar higher but mixed with a “risk off” slant. The weekend brought the awkward evacuation from Afghanistan of US diplomats as Taliban forces overpowered the Afghanistan security forces, and the US started the
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
LONDON: Oil fell by over 3 per cent on Monday to a one-week low, dropping for a third session after official data showed refining throughput and economic activity slowed in China, an indication that COVID-19 outbreaks are crimping the world’s second-largest economy. Brent crude was down $2.21, or 3.1 per cent, at $68.38 a barrel
Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before a Senate Banking, Housing and Urban Affairs Committee hearing on “The Semiannual Monetary Policy Report to the Congress” on Capitol Hill in Washington, July 15, 2021. Kevin Lamarque | Reuters Shifting policy views amid unexpected economic data have opened the door
Traders on the floor of the New York Stock Exchange. Source: NYSE Retail earnings have never been better, but the delta variant remains the wildcard. In theory, this is a golden moment for retailers, which begin reporting earnings this week. Consider the following: The consumer is flush. The American consumer has never had more disposable cash
#forex #stocks #trading A1 Trading forex discord community – Trade alerts, webinars, chatrooms: Use code YTVIP for $5 off: https://a1trading.com/vip/ Gold membership – Unlimited discord community + trade alerts, trading software tools, strategy library, and more! Use code YTVIP for a 25% OFF discount: https://a1trading.com/gold-membership/ A1 Trading Forex Telegram: https://t.me/A1TradingFXAnalysis Looking for a broker? Use
The market has priced in a 25 bps hike, bringing the OCR to 0.5%, at this week’s RBNZ meeting. Much stronger-than-expected economic recovery since the last meeting, the rapidly rising inflation and inflation expectations, and a better job market are the key reasons for the rate increase. Signs of overheating have heightened, making a rate
The XAU/USD pair staged an impressive rebound in the second half of the previous week and managed to close in the positive territory. The risk-averse market environment on Monday, however, made it difficult for the pair to preserve its bullish momentum. As of writing, gold was down 0.45% on a daily basis at $1,771. The
NIO stock is lower again in premarket trading. NIO breaks $40 in Monday’s premarket session. NIO has been falling since the results last week. NIO shares are down again in Monday’s premarket as some sad news hits the stock in relation to a driver fatality. The Securities Times which is a Chinese publication is reported as
USD/JPY remained under bearish pressure for the fourth successive session on Monday. COVID-19 jitters benefitted the safe-haven JPY and continued exerting pressure on the pair. A modest pickup in the USD demand might help limit any meaningful slide, at least for now. The USD/JPY pair maintained its offered tone through the mid-European session and was
Daily thread to exchange ideas and to share your thoughts The bond market is having a bit of a rethink, keeping with the turn in the mood since Friday and that is the key spot to watch in FX to start the new week. The drag on yields sank the dollar at the end of last week
Risk tones remain more defensive but not quite as much as earlier in the day A snapshot of the risk barometers in the market reveals that the softer risk sentiment is still prevailing but things are slightly calmer in European trading so far: 10-year Treasury yields down 2.2 bps to 1.275%; low hit 1.248% WTI
Risk tones continue to stay on the defensive US futures looked to have calmed down a little mid-way through European morning trade but are now pulling back lower again as we’re about 30 mins from London midday. S&P 500 futures are down to the lows for the day with Nasdaq futures and Dow futures also
Being a crypto-friendly country has paid off in terms of adoption, as a new study about Singapore revealed. “The State of Crypto in Singapore Report 2021,” conducted by crypto exchange Gemini in partnership with CoinMarketCap and Seedly, found that more than two-thirds of Singaporeans who have financial investments currently hold crypto. The report, which sampled 4,348
A key consumer sentiment reading saw a dramatic drop in early August as the delta variant of Covid-19 increased fears about the path of the economy, the University of Michigan said Friday. The consumer sentiment index tumbled to 70.2 in its preliminary August reading. That is down more than 13% from July’s result of 81.2
USD/JPY down 0.2% to 109.30 levels currently Invest in yourself. See our forex education hub. The sharp move lower on Friday came as Treasury yields and the dollar sank and with yields keeping lower once again today, the downside momentum in the pair is staying the course as European traders enter the fray. USD/JPY is
Ups and downs The AUDUSD had a final squeeze higher today in what was an up, down and back up again trading week. The pair closed last Friday at 0.7353, chopped up and down on Monday, closing lower on the day. On Tuesday, the initial move was lower but support buyers came against the July 28 low
- « Previous Page
- 1
- …
- 11
- 12
- 13
- 14
- 15
- …
- 26
- Next Page »