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Month: July 2022
EURGBP falls back below the 200 hour MA EURGBP has seen a shift in the bias back to the downside after a move back below the 200 hour MA currently at 0.84955. The pair broke in the late London morning session and has been able to stay below in the US session so far. On
Headlines: Markets: USD leads, EUR lags on the day European equities lower; S&P 500 futures down 0.3% US 10-year yields down 6 bps to 2.76% Gold down 0.1% to $1,717.41 WTI crude up 1.6% to $98.27 Bitcoin down 4.8% to $21,106 There weren’t much key headlines on the session as the dollar stood its ground
New Delhi: Gold in the national capital on Tuesday fell by Rs 28 to Rs 51,192 per 10 grams, according to Securities. In the previous trade, the yellow metal finished at Rs 51,220 per 10 grams. Silver also declined by Rs 203 to Rs 55,297 per kg from Rs 55,500 per kg in the previous
Markets continue to be very quiet in Asian session today. Investors are clearly holding their bets ahead of tomorrow’s FOMC rate hike. Dollar is a softer one together with Yen and Swiss Franc. On the other hand, Canadian Dollar is firmer together with Aussie. Euro and Sterling are mixed. Generally speaking, most major pairs and
In this article MMM 3M announced Tuesday that it will spin off its health care business into a separate publicly traded company. The new business will focus on wound and oral care, healthcare IT and biopharma filtration, the material science company said in a release. That includes products like its bandages, skin adhesives, oral aligners,
Forex Trade Analysis from the Price Action Traders Institute USDJPY: TRADE ANALYSIS SEP 11,2017 For more forex trading videos using simple and proven price action trading techniques please visit https://priceactiontradersinstitute.com or Join us today at the Price Action Traders Institute and get 10% off your 1st Month Use coupon code: FOREXVIDEO https://priceactiontradersinstitute.com/register/pati-full-membership/ forex, MT4, forex
GBP/USD takes the bids to refresh intraday high, print four-day uptrend. Fears of US economic slowdown, softer data join downbeat yields to weigh on US dollar. BOE hawks struggle amid UK PM race, inflation concerns in Britain. Talks surrounding UK politics, US Consumer Confidence for July will be important ahead of Wednesday’s FOMC. GBP/USD grinds
USDCAD takes back the gains made on Friday The USDCAD is looking to take back all the gains seen from the sharp rise on Friday and continuation run higher in the Asian session today. Recall from Friday, the pair found support buyers against the swing low from June 28th near 1.28185. The low price reached
Q2 GDP from the US is due on Thursday. Reuters polling shows that despite the consensus being for q/q growth 28% of the respondents are predicting a contraction. Ben Harris, Treasury assistant secretary for economic policy and Neil Mehrotra: said while second quarter GDI data will not be available until the end of August, some
Oil prices rose on Monday, bolstered by a slightly weaker U.S. dollar and stronger equity markets in a session that seesawed between supply fears and expectations that rise in U.S. interest rates would weaken fuel demand. Brent crude futures for September settlement rose 68 cents, or 0.66%, to $103.88 a barrel by 1402 GMT, while
Overall sentiment appears to be positive in very quiet trading today. Major European indexes are trading higher while US and Germany benchmark yields are recovering mildly. Aussie is leading commodity currencies higher, as well as Sterling. Yen is currently the weaker one, followed by Swiss Franc and Dollar. Euro is mixed despite poor Germany business
Foreman Angel Gonzalez and Anthony Harris, with E-Z Bel Construction, work on pipes along Fredericksburg Road during an excessive heat warning in San Antonio, Texas, July 19, 2022. Lisa Krantz | Reuters The White House is sure the economy is not in a recession nor headed for one. Wall Street is pretty sure there is
In this article WEBR A Weber banner on the New York Stock Exchange, August 5, 2021. Source: NYSE Weber shares tumbled 20% in morning trading Monday after the grill maker abruptly said CEO Chris Scherzinger is departing amid waning demand for its products in stores and online. The Palatine, Illinois-based company also suspended its quarterly
USD/TRY starts the week on a positive note and approaches 18.00. Lack of investors’ confidence and rampant inflation weigh on the lira. Türkiye Capacity Utilization improved to 78.2% in July. The selling pressure continues to hurt the Turkish lira and lifts USD/TRY to fresh 2022 highs around 17/85, an area last visited in December 2021.
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STOCK MARKET UPDATES FOR TODAY: Wall Street’s negative lead from Friday has spread to Asia on Monday, 25th of July, 2022. Slow growth and tighter policies impact on markets. In bumpy trading this morning, the Australian stock market is marginally down, extending the previous session’s losses. The S&P/ASX 200 is below 6,800 after Wall Street’s
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