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
As the bullion displayed volatility over the last few days, the August futures of the yellow metal opened 0.55% or Rs 396 higher at Rs 72,914 per 10 grams, while silver July futures opened at Rs 91,550/kg, 1.22% or Rs 1,106 higher. Gold and silver recovered from their lows amid interest rate cuts by the
Canadian Dollar remains the weakest performer for the week at this point. Yet, losses is so far contained, with the recovery after the brief selloff following BoC’s rate cut overnight. While further cuts are anticipated within the year, the likelihood of another immediate adjustment in July is currently seen as unlikely , with market odds
A view of the street near the Dubai Mall in Dubai, United Arab Emirates on November 29, 2023. Jakub Porzycki | Nurphoto | Getty Images DUBAI, United Arab Emirates — The Dubai Mall, one of the largest malls in the world, is set to get even bigger with a planned expansion that will cost an
In this article LULU Follow your favorite stocksCREATE FREE ACCOUNT A staff member holds a thermometer to measure the temperature of a customer at an entrance to a Lululemon store, following the coronavirus disease (COVID-19) outbreak in Shanghai, China June 21, 2022. Picture taken June 21, 2022. Aly Song | Reuters Lululemon‘s growth in the
GBP/USD holds positive ground around 1.2790 amid the firmer USD on Thursday. The ISM said on Wednesday that its US Services PMI rebounded to 53.8% in May from 49.4% in April. The UK S&P Global Services PMI reached a six-month low of 52.9 from 55.0 in April. The GBP/USD pair resumes upside near 1.2790 despite
The EURUSD has moved lower after the stronger-than-expected ISM nonmanufacturing data. After holding support against its 100-hour moving average at 1.08627, sellers have now pushed the price below that moving average. The 200-hour moving average is now the next target at 1.08535. The 50% of the move-up from the end of May low is also
The NASDAQ index is now up 300.40 or 1.80%. The high price reached 17157.38. The gain today is the largest since 1.99% on May 3. The price also moved up 2.02% on April 26. For the trading year, the NASDAQ index is up 14.31%. Remember in 2023, the NASDAQ index rose 43.42%. That came after
Oil prices eased in early trade on Tuesday, extending their losses from the previous session when prices fell to their lowest in four months, as investors worried about supply ticking up later in the year. Brent crude futures fell 20 cents or 0.3 % $78.16 a barrel. Brent closed below $80 for the first time
Trading in the forex markets is subdued US session gets underway, with weaker-than-expected U.S. ADP private job data failing to stir significant movement in the Dollar. Despite the slowdown in job gains and pay growth, the job market remains robust. US futures are pointing to a flat open, and the 10-year yield is down slightly.
Private job creation slowed more than expected in May, according to a report Wednesday from ADP that signals further sluggishness in the labor market. The payroll processing firm said that companies added 152,000 jobs on the month, fewer than the downwardly revised 188,000 in April and below the Dow Jones consensus estimate for 175,000. This
In this article DLTR Follow your favorite stocksCREATE FREE ACCOUNT An exterior view of a Dollar Tree store in Bloomsburg Pennsylvania. Paul Weaver | Sopa Images | Lightrocket | Getty Images Dollar Tree announced Wednesday it is considering a sale of its more grocery-focused Family Dollar brand. The company had recently shared plans to close
Natural Gas price starts to consolidate after a sharp rally in May. Egypte is importing more Gas ahead of the summer session to meet energy demand. The US Dollar Index jumps higher on Tuesday and is on track to recover initial weekly losses. Natural Gas price (XNG/USD) trades roughly flat at around $2.70 during the
The major US stock indices are now all in the black (Posiitve on the day( and also recently reached new session highs. Dow Industrial Average average moved to a high of 38783.78 up 212.74 points S&P index traded to a high of 5297.04, up 13.63 points NASDAQ index traded to a high of 16881.42, up
Prior 56.2 Once again, Spain continues to be the bright spot in the euro area. This marks the steepest rise in activity for over a year. HCOB notes that: “In May, Spain’s services sector continued to expand. Activity and new business both saw substantial growth, with the Services PMI Business Activity Index rising to 56.9.
Oil prices extended losses slightly from the previous session in early Asian trading on Wednesday after an industry report showed builds in U.S. crude and fuel stockpiles, adding to concerns around demand growth. Brent crude futures fell 14 cents, or 0.2%, to $77.38 a barrel by 0005 GMT. U.S. West Texas Intermediate crude futures fell
Forex trading in Asian session today was relatively muted, with market participants holding off on major moves in anticipation of impending key events. The spotlight is on BoC, with traders eagerly awaiting its rate decision. There is considerable speculation on whether the central bank will opt for an interest rate cut at this meeting or
Gold drops 0.90% as commodities face widespread pressure. US Treasury yields fall seven basis points, but the Greenback gains marginally, with the DXY up 0.04% to 104.08. US JOLTS data hit three-year low, showing economic slowdown alongside below-estimate Durable Goods Orders. Gold prices retreat some 0.90% in the mid-North American session on Tuesday, amid a