The USDCAD remains stuck in the mud and the tires are going deeper and deeper. The low to high trading range is only 45 pips that is well below the 81 pip trading range over the last 22 trading days. The low today tested the low from yesterday at 1.2673 (the low reached 1.26726).
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The financial markets are generally quiet today. Stocks are slightly down by losses are limited. Retail sales data from Canada and UK are largely ignored. Commodity currencies are the strongest ones for now. Yen, Dollar and Euro are the weaker ones. There news of shelling in Ukraine east by Russian-backed separatists and there is still
I reckon the correction in oil here could run for quite a bit after having overseen eight straight weeks of gains. At the high this week, oil peaked at $95.79 on the back of Russia-Ukraine tensions but as the headlines in the past few sessions show promising signs of hope, we are seeing oil prices
NEW DELHI: Gold prices were trading ona volatile note, near their highest level since June 2021. Mounting tensions between Russia and the West over Ukraine lifted bullion’s safe-haven appeal, buttressed by lower US bond yields. However, deplomatic solution and various statements may continue to keep prices volatile. Gold futures on MCX were down by 0.36
A couple look at houses for sale in the window of William H. Brown estate agents. Getty Images Homebuyers are facing one of the priciest housing markets in history, and that means they need larger mortgages than ever before. While mortgage demand is falling, due to rising interest rates, the size of the average purchase
In this article ROKU Anthony Wood David Orrell | CNBC Roku shares fell as much as 12% in extended trading on Thursday after the video-streaming company issued fourth-quarter revenue and first-quarter revenue guidance that came in below consensus. Here’s how the company did: Earnings: 17 cents per share, adjusted, vs. 9 cents per share as
AUD/USD regained some positive traction on Friday and climbed to the fresh weekly high. Easing Russia-Ukraine tensions lifted risk sentiment and undermined the safe-haven greenback. RBA rate hike bets further inspired the aussie bulls and remained supportive of the move up. The AUD/USD pair retreated a few pips from the weekly high touched earlier this
US stock losses have accelerate to the downside into to the day close. Some of the negative highlights for the day. The Nasdaq is down near 2.8% S&P tech sector down near 3% The major indices are down for the week Dow has it’s worst day in 2022 Nvidia falls -7.5% AMD -4.47% Paypal -4.8%
Australian Dollar rises mildly in Asian session, together with New Zealand Dollar. But both were hammed down after a Russian media reported that Ukraine forces opened fire on four settlements of the LPR. Overall market sentiment remains rather fragile and ultra-sentiment. Dollar and Yen are both picking up some buying while European majors are mixed.
Data shows that Millennials in the United States are flocking to alternative financing methods such as crypto assets to boost their financial well-being. A report titled The State of Consumer Banking & Payments by Morning Consult in January found that Millennials are adopting new technologies to help them make financial decisions at a higher rate
Markets Gold up $28 to 8-month high at $1897 US 10-year yields down 7 bps to 1.97% WTI crude oil down $1.87 to $91.79 S&P 500 down 93 points to 4381 Nasdaq down 2.9% JPY leads, CAD lags Someone wake up the FX market. It was a rough day in the equity market and Treasury
Gold prices in the national capital on Thursday rallied Rs 513 to Rs 49,738 per 10 grams, reflecting overnight gains in international precious metal prices, according to HDFC Securities. In the previous trade, the yellow metal settled at Rs 49,225 per 10 grams. Silver zoomed by Rs 190 to Rs 63,222 per kg, from Rs
Consumer spending bounced back sharply in January as rising inflation and a post-holiday surge kept cash registers ringing, the Commerce Department reported Wednesday. Retail sales for the month rose 3.8%, much better than the 2.1% Dow Jones estimate. The numbers are not adjusted for inflation, so the 7.5% rise in the consumer price index for
In this article PLTR Palantir Technologies CEO Alex Karp arrives at the “Tech for Good” Summit in Paris, France May 15, 2019. Charles Platiau | Reuters Shares of Palantir fell more than 13% on Thursday morning after the company reported mixed earnings results for the fourth quarter. Here are the key numbers: Earnings per share
Gold holds near the fresh cycle highs of $1,900, driven higher by the Russian and Ukraine crisis. US dollar pinned to the floor as markets reassess Fed’s tightening path. The price of gold rallied on Thursday and was coming to a close near the highs of the day of $1,901 at $1,898, ending up over 1.54%. The uncertainty surrounding the
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