Price actions in forex markets are indecisive today. Dollar is trying to rise after better than expected durable goods orders. It’s also support by recovery in treasury yields. But there is no follow through buying. Canadian Dollar is still the relatively firmer one while Euro is also up slightly. Yen and Aussie are the weakest
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The AUD/USD reports minimal gains of 0.03% on Monday. Higher global bond yields shifted Wall Street sentiment mixed, a headwind for the AUD. AUD/USD Price Forecast: Range-bound but skewed to the downside. The AUD/USD seesaws from daily highs around 0.6958 printed during the Asian session towards daily lows near 0.6910, in a narrow trading range
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Gold prices firmed on Monday, as some Western nations’ plans to ban imports of the metal from Russia for its invasion of Ukraine, signalled potentially tighter supplies of bullion. FUNDAMENTALS * Spot gold was up 0.2% at $1,828.99 per ounce by 0102 GMT. U.S. gold futures were flat at $1,830.90. * Four of the Group
China’s economy is expected to grow 4.7% this year, Wang Yiming, an adviser to the monetary policy committee of the People’s Bank of China (PBOC) said in a statement on Monday. Wang said, China’s economy could see a strong rebound in the second half, “but difficulties remain for the 5.5% target”. On Saturday, the central
Alameda Research is a cryptocurrency trading firm and liquidity provider founded by crypto billionaire Sam Bankman-Fried (SBF). Before founding his firm in 2017, SBF spent three years as a trader at the quantitative proprietary trading giant Jane Street Capital, which specializes in equity and bonds. In 2019, SBF founded the crypto derivatives and exchange FTX,
The USDCAD has dipped modestly on the higher CPI inflation and in the process took a peek below the 100 hour MA at 1.29683. The low price reached 1.2963, but has already moved back toward the pre-release level of 1.2978. Earlier today in the early Asian session, the price dipped to a low of 1.2910
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NEW DELHI: Gold futures fell on Thursday morning, as the dollar stayed stable after the comments made by the US Fed Chair Jerome Powell in his testimony to the US Senate Banking Committee. Silver futures fell over half a per cent in early trade. Powell said the Fed is not trying to engineer a recession
The shared currency finished the week with decent gains of 0.21%. Sentiment remains optimistic, despite recession fears threatening. EUR/GBP Price Analysis: Remains upwards but struggling at 0.8600 might open the door for selling pressure. The EUR/GBP accelerates for the fourth day out of five in the week, set to finish with decent gains of 0.21%.
Join me in today’s video to cover the #USDJPY and predictions of #gbpusd #Forex #forextradingforbeginners 27th June – 1st July 2022 ——————- This channel is to share with you all Trading related updates with technical analysis on #Nifty, #BankNifty, #Dow Jones, #Nasdaq, #Nikkei, #Dax, #Hangseng, #Gold, #Silver and #Oil. Do like, Share, Subscribe and Stay
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The EURUSD is mired in another rangy trading day. The price action yesterday was up and back down. Today it was down and now back up. On Monday, the price action was up and down. So the pattern is showing apprehension toward a directional move. Technically, that manifested itself with a move back below the
Beijing will reopen primary and secondary schools for in-person classes. Senior and middle high schools were allowed to return to classrooms from June 2, now all are reopening. Beijing shut its schools in early May and moved to online learning. It’s a mixed bag still in Shanghai. The city’s Communist Party chief spoke on Saturday,