The USDJPY has seen the pair move sharply higher after the much stronger than expected US jobs report followed by a stronger-than-expected nonmanufacturing ISM report. US yields are higher with the two year now up 17.2 basis points at 4.261%. The 10 year is up 14 basis points at 3.535%. Looking at the hourly chart,
Retail sales from Australia, Q4 2022 comes in at -0.2% q/q expected -0.6%, prior +0.2% the y/y is +1.8% Australian Bureau of Statistics comments on the data: Retail sales volumes fell for the first time since the September quarter 2021, with volumes falling across all non-food industries as consumers tightened discretionary spending in response to
Oil prices made modest gains in early trade on Friday but were heading for a second straight week of losses, as the market looked for more signs of a strong recovery in fuel demand in China to offset looming slumps in other major economies. Brent crude futures rose 16 cents, or 0.2%, to $82.33 a
In this article PENN Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, the Penn Entertainment logo is displayed on a smartphone mobile screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Penn Entertainment on Thursday became the first U.S. gambling company to post a profit in its sports betting business during
GBP/JPY extends Friday’s recovery moves to attack short-term key resistances. One-week-old descending trend line precedes key SMAs to challenge bulls. Upbeat MACD signals, U-turn from monthly support line keeps buyers hopeful. GBP/JPY remains firmer around 159.20 as it stretches the previous day’s rebound from a three-week low during early Monday. In doing so, the cross-currency
Payment company Visa is seeking to build a “muscle memory” to settlements, aiming to allow customers to convert digital assets to fiat currencies on its platform, according to the company’s head of crypto division Cuy Sheffield at the StarkWare Sessions 2023. “We’ve been testing how to actually accept settlement payments from issuers in USDC starting
The AUDUSD moved lower with the USD move up after the stronger than expected US jobs data and the stronger ISM data. The US jobs report took the price away from its 100 and 200 hour moving averages up at 0.7069 and 0.7081. In the Asian session, the price moved below that level – and
The major European indices are ending the day with mixed results: German DAX, -0.21% France’s CAC, +0.94% UK’s FTSE 100, +1.04% Spain’s Ibex, -0.04% Italy’s FTSE MIB -0.56% For the UK FTSE 100, the price moved above the old all-time high from 2018 at 7903.50. The intraday high price reached 7906.58 before rotating back to
Gold plays an important role in the Indian economy. It is considered a safe form of savings and investment among individuals, and it is an integral part of traditional ceremonies. This metal is considered the best collateral for loans and the precious metals industry is a significant source of employment in the country. The demand
In this article QCOM Follow your favorite stocksCREATE FREE ACCOUNT Cristiano Amon, CEO of Qualcomm. Steve Marcus | Reuters Qualcomm shares fell 2% in extended trading on Thursday after the chipmaker reported lower fiscal first-quarter revenue than analysts had predicted and issued weak quarterly guidance. Here’s how the company did: Earnings: $2.37 per share, adjusted,
USD/CAD resumed its uptrend once it reclaimed the February 1 daily high at 1.3379. USD/CAD Price Analysis: A daily close above 1.3400 will exacerbate a rally to 1.3500. otherwise, further downside is expected. USD/CAD climbs in the North American session after hitting a daily low of 1.3311 before Wall Street opened. Nevertheless, a strong US
?Check out ForexTester 5 and use code “THE10GEEK” for a 10% discount: https://bit.ly/3WDMZws – This is hands down the best backtesting software simulator I’ve found so far! In this video, I show you the best way to backtest any Forex trading strategy using Forex Tester 5. Forex Tester 5 allows you to go back 20
Private VIP community Members Room – https://bit.ly/3QUtU6H Solo Network Trading Courses: https://app.joinsolonetwork.com/ #1 Recommended Forex Broker W NO SPREADS: https://login.hankotrade.com/register?franchiseLead=NzMy SIGN UP WITH CHARTPRIME. http://www.chartprime.com/soloe Social Media Links: YT: https://www.youtube.com/c/chartprime Discord: https://discord.gg/chartprime SOCIAL MEDIA PLATFORMS Personal Instagram — http://www.instagram.com/therealsoloe Trading Instagram: http://www.instagarm.com/solonetwrk Solo E Website — http://soloe.me Risk Position calculator I use: https://bit.ly/3v4fqZq ————————————— In
Learn the powerful 5-3-1 Trading Strategy in this video! This proven method is designed to help you maximize your profits and minimize your risk in the market. The strategy involves dividing your investments into five different parts, using a simple formula to determine when to buy and sell. Watch now to see how you can
The NZDUSD is one the weakest (and biggest movers) of the major currency pairs today (The USDJPY is the biggest mover with a move of 1.92%). The NZDUSD pair is currently down -1.85% on the day (higher USD). The run higher in US yields is the chief catalyst. It isn’t necessarily a stock play as
WTI crude oil futures settled at $73.39 today. That was down -$2.49 or -3.28%. The high price reached $78.00 today. The low reached $73.13. The price traded to the lowest level going back to January 23. The low for the year reached $72.46 back on January 5th. The cycle low from December reached $70.08. For
Gold prices ticked up on Friday as markets digested recent comments from Federal Reserve Chair Jerome Powell, but the precious metal was headed for its biggest weekly fall since November after a 2% drop in the previous session. FUNDAMENTALS * Spot gold rose 0.2% to $1,916.34 per ounce by 0042 GMT, after shedding 2% in
The employment picture started off 2023 on a stunningly strong note, with nonfarm payrolls posting their biggest gain since July 2022. Nonfarm payrolls increased by 517,000 for January, above the Dow Jones estimate of 187,000 and December’s gain of 260,000, according to a Labor Department report Friday. related investing news Boom in January jobs shows