The pair finally broke outside the 97 pip range that kept the pair contained for 10 days but failed The AUDUSD has returned back to its 100 and 200 hour moving averages between 0.7372 and 0.7378. The move back to the downside came after the pair finally broke out of the 97 pip trading range that contained
Month: August 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
New Delhi: Gold in the national capital on Wednesday rose by Rs 123 to Rs 46,992 per 10 gram amid gains in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,869 per 10 grams. Silver also zoomed Rs 766 to Rs 66,926 per kilogram
A ‘We’re Hiring!’ sign is displayed at a Starbucks on Hollywood Boulevard on June 23, 2021 in Los Angeles, California. Mario Tama | Getty Images Job creation at private companies tumbled in July as fears mounted over the spreading coronavirus delta variant, payroll processing firm ADP reported Wednesday. Employers added 330,000 positions for the month,
In this article RCL Royal Caribbean International’s Anthem of the Seas cruise ship calls at Greenock port on July 22, 2021 in Greenock, Scotland. Jeff J Mitchell | Getty Images Royal Caribbean International reported a second-quarter loss on Wednesday that was wider than analysts were anticipating, as the spread of the delta coronavirus variant slowed
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Following strong closes in US stocks, Asian markets ex-Japan are trading generally higher. The development helps lift commodity currencies generally higher. In particular, New Zealand Dollar is additionally lifted by much stronger than expected job data. Yen is paring some gains but weak treasury yields is keeping it afloat. On the other hand, Dollar continues
Despite talk of a “growth scare,” the US economy and markets may be poised for steadier gains ahead. Lisa Shalett, Chief Investment Officer, Wealth Management at Morgan Stanley explains why investors should not worry about slowing growth. Economic growth is slowing but remains solid “Recently, preliminary estimates for second-quarter gross domestic product (GDP) growth came
Record close for the S&P 500 The major US stock indices are closing higher and near session highs: S&P closed at a record level NASDAQ posts a two day win streak Energy (+1.83%), industrials (+1.38%), healthcare (+1.42%), financials (+1.13%) led the charge communication services fell -0.19% Dow and S&P snap a two day losing streak The final numbers are showing:
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
SINGAPORE: Oil prices fell for a third day on Wednesday on mounting concerns that the increasing spread of the Delta variant of the coronavirus in top consuming countries will cut fuel demand. Brent crude oil futures slid 22 cents, or 0.3%, to $72.19 a barrel, as of 0129 GMT. U.S. West Texas Intermediate (WTI) crude
The Federal Reserve could begin slowing down its bond purchases as early as October under a scenario central bank Governor Christopher Waller set out to CNBC in a Monday interview. Should the August and September jobs report show growth in the 800,000 range, that would get the U.S. economy near its pre-pandemic level and, Waller
In this article LYFT Signage for Lyft is seen displayed at the NASDAQ MarketSite in Times Square in celebration of its initial public offering (IPO) on the NASDAQ Stock Market in New York, U.S., March 29, 2019. Shannon Stapleton | Reuters Lyft reported second quarter financial results after-the-bell Tuesday, easily beating on both the top
Dollar is under some pressure as falling treasury yield is weighing down the greenback. Canadian Dollar is even weaker as WTI oil price breaches 70 handle again. New Zealand and Australian Dollars are the stronger ones but gains are limited. The post RBA lift on Aussie is so far short-lived. Swiss Franc is actually taking
GBP/USD bulls are seeking a test of the 1.4000s in a daily extension. Bears are seeking a break of the current daily support for a run to the 1.3780s. The focus is on the Bank of England and US Nonfarm Payrolls. GBP/USD is currently trading at 1.3910 and 0.20% higher on the day so far, supported
By the end of June 2021, 2.91 million unique Ethereum addresses had interacted with at least one DeFi protocol, representing 65% growth from the previous quarter. “As community driven education, simple user interfaces, appealing yields, and general awareness around DeFi best practices increased throughout the quarter, so too did the number of new addresses,” the