Kolkata: SohanLal Commodity Management (SLCM), a leading holistic service provider in the global post-harvest space for agricultural commodities has signed an agreement with the Tamil Nadu Foodgrains Marketing Yard (TFMY) to provide finance against commodities stored in the TFMY warehouse facility. Tamil Nadu Foodgrains Marketing Yard (TFMY) is a project that aims to provide necessary
Month: December 2021
Mexico’s third-richest person sent out a heart-warming new year message to Bitcoin (BTC) enthusiasts on Christmas eve. Ricardo Salinas Pliego recommended moving away from fiat money and buying bitcoin in a two-minute festive video. He gives three pieces of advice to his 957,200 followers on Twitter as part of his Christmas and New Year message
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GBP/USD prints mild intraday losses inside bullish chart pattern. Successful trading above key HMAs, weekly support line keeps buyers hopeful. Confirmation of bulls flag exposes buyers towards November’s high. GBP/USD retreats to 1.3405, down 0.07% intraday, during early Monday morning in Europe. Even so, the cable pair stays inside a bull flag while keeping the
NEW DELHI: Gold prices traded flat with negative bias on Monday as slightly weaker US Treasury yields countered an uptick in the dollar. Gold futures on MCX eased by 0.07 per cent or Rs 32 to Rs 48,120 per 10 grams. Silver was unchanged, down 0.01 per cent or Rs 8 at Rs 62,303 per
GBP/USD Outlook: Seems poised to reclaim 1.3500, dips could be seen as buying opportunity The GBP/USD pair prolonged this week’s solid bounce from the vicinity of the YTD low and gained strong follow-through traction for the third successive day on Thursday. Investors turned optimistic amid reports that the current vaccines may be more effective in
MELBOURNE: prices rose again on Wednesday as the dollar slipped, with risk appetite returning as some governments resist imposing lockdowns to curb the spread of the Omicron COVID-19 variant and as China said it would be able to sustain economic growth. U.S. West Texas Intermediate (WTI) crude futures rose 50 cents, or 0.7%, to $71.62
The year 2021 has undoubtedly been a bull market with Bitcoin (BTC) raising the all-time high price bar several times this year. But not all crypto assets have performed equally. There have been a number of losers in addition to the majority of winners in terms of price gains. Since the beginning of 2021, total
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Discover 3 day trading strategies for beginners, to apply on Forex, crypto and stock market. In this video you will discover: • How to make money trading stocks and Forex market using daily open level and simple price action • how to use and how to read daily open level and how to improve your
The EURGBP’s tail is wagging the dog (the EURUSD and the GBPUSD) in trading today as it falls sharply. EURGBP on the hourly chart has been tumbling lower The selling started in the Asian session after a run to the upside stalled, and the price started to crack below swing levels going back to last
The Mexican peso is rising across the board on Friday. USD/MXN heads for lowest daily close in a month. The USD/MXN is falling on Friday for the third consecutive day and it trades at 20.56, the lowest level in a month. The Mexican peso remains supported by an improvement in global risk sentiment. Also, a
Gold prices held steady in holiday-thinned trade on Thursday, as a weaker offset renewed risk appetite fuelled by an encouraging Omicron study and increased optimism around the global economic outlook. FUNDAMENTALS * Spot gold was little changed at $1,806.85 per ounce by 0218 GMT. U.S. gold futures were up 0.3% at $1,808.20. * The metal
NZDUSD trades between swing areas on the hourly chart The NZDUSD has been trading in an up and down trading range today after the sharp rise higher yesterday. The price action has been mostly center between the lower swing area between 0.6798 and 0.6806 and a higher swing area between 0.6833 and 0.6838. There have
The shared currency losses against the greenback but remains above the 1.1300 figure. EUR/USD Price Forecast: A descending triangle in a downtrend opens the door for a challenge of the YTD low at 1.1186. The EUR/USD is barely down late in the European session, trading at 1.1318 at the time of writing. As US markets
Physical gold demand was mixed in top Asian hubs this week, with overall activity subdued going into Christmas and the new year, although the upcoming holidays prompted some consumers in Singapore to pick up bullion for gifting. While the market has quietened, there’s been quite a bit of a retail buying this week into year-end,
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