GBP/USD to finish the week under 1.3100 on a firm US dollar The British pound remains defensive, trading below the 1.3100 mark, on the back of a buoyant US dollar amidst a dull trading session as financial markets are closed In the observance of Easter Friday. The GBP/USD is trading at 1.3061 at the time
Month: April 2022
USDCAD moved up to test the 200 day moving average The USDCAD has reversed some of the declines seen yesterday and into today. Recall from yesterday, the Bank of Canada raised rates by 50 basis points and that coupled with hopes that the US inflation was peaking, sent the USD lower and the CAD higher.
For all the talk in wanting to fight against inflation, the ECB certainly isn’t hinting at much conviction. The key word yesterday was flexibility as the ECB wants to be able to be afforded policy options and not be cornered into hiking rates as soon as possible. Lagarde’s press conference made that clear when she
This week’s US inflation report brought back memories of the 1980s, with gold and silver reacting positively to the news despite a stronger US dollar and higher real US bond yields. Higher energy prices are the dominant driver of inflation, which will remain elevated in the short term but should decline again in the medium
In this article RENT Jennifer Hyman, CEO and co-founder, Rent the Runway Scott Mlyn | CNBC Rent the Runway sees the more than 2 million weddings planned for this year, and all the parties that come with them, as being a massive boon to its business. Plus, according to co-founder and Chief Executive Jennifer Hyman,
The GBP/USD is gaining up some 0.18% in the week amidst a thin liquidity trading session. A buoyant US dollar and risk-aversion weighed on the British pound in the week. GBP/USD Price Forecast: To remain downward biased but a double bottom looms. The British pound remains defensive, trading below the 1.3100 mark, on the back
The strongest weakest of the major currencies US and European markets (for the most part) are closed, but the forex market still trades. The GBP is the strongest and the JPY is the weakest. The major currencies are all clustered really close together with the JPY being the biggest outlier as it continued its move
Empire manufacturing index rebounds strongly The New York Fed Empire State manufacturing index came in at 24.6 versus -11.8 in March. The estimate was for a rise to 0.50. Much better-than-expected report as new orders, prices paid (a new record), shipments lead the way higher. New orders 25.1 versus -11.2 in last month prices paid
Blockchain-based play-to-earn (P2E) games stole the show in 2021, exploding from a fringe hobby into a major part of the decentralized space. They even helped people in developing economies put food on the table, as these games’ economic models do not shun things like farming in-game currency and items to re-sell to other players, which many
NEW DELHI: Bucking global trends, gold prices were trading higher in the domestic market amid rising inflationary worries and recession fears across the globe. However, the rising US treasury yields and firm dollar kept a check on the gains of the yellow metal. Markets are keenly awaiting US inflation data, which would help investors get
In this article GSBD David M. Solomon, Chairman and CEO of Goldman Sachs, speaks during the Milken Institute’s 22nd annual Global Conference in Beverly Hills, April 29, 2019 Mike Blake | Reuters Goldman Sachs posted first-quarter results that blew past expectations as its traders navigated a surge in market volatility sparked by the war in
🔴 FREE DOWNLOAD TRADING SYSTEM: Highly Profitable HEIKEN ASHI + STOCHASTIC + RSI “Hidden Divergence” Trading Strategy (Forex, Stocks, Crypto) Forex MA Ribbon Trend Analysis and Trading System MA COBRA Forex & Stocks Trading Strategy (Extremely Low Risk High Reward Trading Strategy) (COBRA SYSTEM) Forex “Multi Trend Magic” MT4 Trading Indicator and Strategy ================================= Highly
NASDAQ:GGPI fell by 0.59% during Thursday’s trading session. The Polestar 2 receives a solid review from Tom’s Guide. Tesla tumbles after Musk makes a bid to buy Twitter. NASDAQ:GGPI traded lower in the last abbreviated session before the markets closed for the Easter long weekend. On Thursday, shares of GGPI dipped by 0.59% and closed
USDJPY trades to the highest level since 2002 The USDJPY is trading higher once again today and in the process has blown back through the June 2015 high at 125.86 and the high from Wednesday t 126.31. That move puts the price at the highest level since May 2002 nearly 20 years ago (see weekly
Capacity utilization continues its recovery higher US industrial production +0.9% versus 0.4% estimate prior month revised to 0.9% from 0.5% US capacity utilization 78.3% versus 77.8% estimate last month revised to 77.7% from 77.6% manufacturing output for March increased 0.9% versus 0.6% estimate. Last month saw an increase of 1.2% industrial production year on year
New Delhi: Commodity Participants Association of India (CPAI) on Tuesday said uniform trading time for all markets including stocks, bonds, currency and commodities may not be tenable for the commodity derivative segment. The remarks come in the wake of media reports suggesting that the Reserve Bank of India (RBI) and the Securities and Exchange Board
In this article C Jane Fraser, CEO of Citigroup Citigroup Citigroup topped expectations for first-quarter profit and revenue on better-than-expected trading results as Wall Street benefited from surging volatility tied to the Ukraine war. Shares rose 2.6% in early trading. Here’s what the company reported compared with what Wall Street was expecting, based on a
NZD/USD eyes more weakness on rising odds of an interest rate hike by the Fed. The RBNZ has hiked its OCR by 50 bps to reduce the risks of inflation. FOMC member John Williams advocated a 50 bps interest rate elevation by the Fed. The NZD/USD pair is hovering around Thursday’s low at 0.6767 and
- « Previous Page
- 1
- …
- 10
- 11
- 12
- 13
- 14
- …
- 24
- Next Page »