In this article ZM Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., speaks during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, U.S., on Thursday, Oct. 3, 2019. Michael Short | Bloomberg Zoom Video Communications shares fell as much as 9% in extended trading on Monday after
Month: August 2022
Trading order blocks in Forex should be relatively simple. Although I am self-taught, I also used the term ‘order block’ when looking at the last candle before a strong up or down movement within the market, often breaking a key area of supply and demand. What I’ve found, however, is that the concept of Order
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USD/CAD reaches a fresh six-week high at 1.3048 on falling crude oil prices and broad US dollar strength. Last week’s Fed hawkish commentary weighed on market mood, with traders preparing for Fed Chair Jerome Powell’s speech. Money market futures odds of a 75 bps rate hike by the Fed lie at 82.8%. The USD/CAD broke
The strongest to weakest of the major currencies The AUD is the strongest and the EUR is the weakest as the NA session begins. Both those currencies were at the bottom when ranking the strongest to weakest for the trading week last week. Today, they area enjoying a rebound of their fortunes. For the AUDUSD
The major US indices are opening up lower on the day. There is a lot of red on the S&P 500 heat map with only a handful in the green (or up). S&P is in the red A snapshot of the markets are showing: Dow is down -403 points or -1.20% at 33294.89 S&P is
Gold price fell by Rs 315 to Rs 51,679 per 10 gram in the national capital on Monday amid a decline in international precious metal rates, according to Securities. The yellow metal had closed at Rs 51,994 per 10 gram in the previous trade. Silver also declined by Rs 635 to Rs 55,416 per kg.
Risk off sentiment appears to be intensifying today. Selloff in particularly serious in German DAX, while FTSE and CAC are also down. US futures are also pointing to a lower open while 10-year yield is pressing 3% handle. In the currency markets, Euro and Sterling are main losers for the day so far, but Yen
While it’s been a good summer for equities in general after a torrid first half of the year, tech titan Apple (NASDAQ: AAPL) is having a particularly sunny couple of months. Since the start of June their shares have rallied more than 30%, effectively reversing the 30% drop they’d been experiencing since March. What had
The hackers behind the $625 million Ronin bridge attack in March have since transferred most of their funds from ETH into BTC using renBTC and Bitcoin privacy tools Blender and ChipMixer. The hacker’s activity has been tracked by on-chain investigator ‘₿liteZero’, who works for SlowMist and contributed to the company’s 2022 Mid-Year Blockchain Security report.
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 your initial investment; do not
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 your initial investment; do not
India’s tea exports to the traditional markets of Europe and Japan have declined following an increase in tea prices and appreciation of the Indian currency. The impending fear of recession amid increasing inflationary pressure is also making buyers in Europe cautious about buying tea at higher prices. But even as good quality Indian tea prices
EUR/GBP is set to finish the week with gains of 0.49%. Euro buyers stepped in around weekly lows below 0.8400, under the 20, 50, and 200-DMAs. A daily close above 0.8500 might open the door for a re-test of 0.8600. The EUR/GBP extended its rally to three consecutive days, breaking on its way north the
GBPUSD falls to the lowest level since July 14 The GBPUSD moved to a new session low as London/European traders look to exit. The price extended to a low of 1.17911, below the natural support at 1.1800 and a swing area going back to mid July between 1.1802 and 1.1807. The price has rebounded back
The major US stock indices are sliding at the open. The S&P and NASDAQ are in negative territory for the week. The Dow industrial average is clinging to a small gain. A snapshot of the market currently shows: Dow industrial average down -209.64 points or -0.62% at 33789.41 S&P index -28.83 points or -0.67% at
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