Oil prices dipped in early trade on Friday, extending the week’s losses as concern over tight supply was outweighed by escalating fear of sharp interest rate hikes slamming global growth and hitting fuel demand. Brent crude futures fell 22 cents, or 0.2%, to $90.62 a barrel as at 0052 GMT after sliding 3.5% to a
Silver price is erasing Thursday’s losses up by almost 2% on Friday. September’s US economic data justifies the Fed’s 75 bps rate hike. The US Consumer Sentiment improved, showing US citizens resilience despite a worsening economic outlook. The silver price climbed as the Wall Street close looms, gaining 1.85% during the day, caused by a
As directed by the President of the United States, Joe Biden, the Office of Science and Technology Policy (OSTP) submitted a report analyzing the design choices for 18 central bank digital currency (CBDC) systems for possible implementation in the US. The technical analysis of the 18 CBDC design choices was made across six broad categories
Trade with World Top Broker And Enjoy Exclusive Benefits… 1) https://www.icmarkets.com/?camp=43804 Tradingview – https://in.tradingview.com/gopro/?share_your_love=poweroftrading7 #swingtrading #swingtrade #parabolicsar #ema #supertrend #macd #shorts #rsi #ema #movingaverage #daytrading #scalpingtrading #swingtrading #supertrend #macd #hensikhasi #arrowindicator #POWEROFTRADING #mt4indicator #supertrendindicator #usa Indicator Download Link:- on my telegram channel ( https://t.me/POWEROFTRADINGrv ) How to Install Indicator In MT4 ( Step by Step
This video shows what I would do if I had to start day trading from scratch. Becoming a new trader can be tough, so this information will help your trading out tremendously. ……………………………………………………………………………………………………… Training program: https://tradewinprofit.podia.com/academy ……………………………………………………………………………………………………… Telegram group (free): https://t.me/realdaytradingaddict ……………………………………………………………………………………………………….. INSTAGRAM: https://www.instagram.com/daytradingaddict/ EMAIL: bigben1187@gmail.com ……………………………………………………………………………………………………….. Disclaimer: The information contained in this presentation is
Gold Live Signals – XAUUSD TIME FRAME 5 Minute M5 | Best Forex Strategy Almost No Risk ? SUBSCRIBE MY YOUTUBE CHANNEL NOW ? https://www.youtube.com/channel/UC53vvfdlTgtACVRbusR1u7Q ————————————————————————————————————————————- Get Forex Signals- https://bit.ly/3iq1AuZ ————————————————————————————————————————————- Best Low Spread Forex Brokers:- 1. https://bit.ly/3w99ops (Exness Best For Gold Xausd 1 Pip Spread No Extra Commission, Instant Withdrawal, Swap-Free) 2. https://bit.ly/3lz7IRm (Best
The USDCHF has chopped higher in trading today. The pair started the day near a swing area at 0.9591 to 0.9606 after breaking back above the 100 hour MA yesterday and closing above. The low in the Asian session stalled the fall in the 0.9591 to 0.9606, moved higher to 0.9652 before rotating back to
Bloomberg reports that UK businesses will get their energy bills cut in half in a government bailout package. The market has been assuming that some kind of business bailout was coming and I’m not sure this is good enough. Consumer bills will be capped at £2500 and that same largess was never going to come
Gold prices hovered near a two-year low on Friday and were set for a weekly fall as an elevated dollar and prospects of aggressive U.S. rate hikes dented bullion’s appeal. FUNDAMENTALS * Spot gold was unchanged at $1,664.48 per ounce, as of 0030 GMT, and was down 3% for the week so far. Prices hit
Selloff in Pound catches most currency related headlines today, as it slumped to a 37-year low against Dollar. The decline came after data showed retail sales contracted in both volume and value term in August, indicating that inflation was already biting into spending. In the background, the UK economic is already in recession. Still for
Huntstock | Disabilityimages | Getty Images Turbulent times may be ahead for Hispanic workers, a new report from Wells Fargo found. The firm expects Hispanic workers to take an outsized hit if a mild recession happens in 2023, like it is projecting. “The Hispanic unemployment rate tends to rise disproportionately higher than the national average
Analysts at Rabobank continue to expect US dollar strength will persist into next year. They see the GBP/USD pair moving to 1.08 on a six-month perspective. Key Quotes: “Soft UK retail sales data provide evidence of demand erosion. Additionally, investors are wary about the outlook for public finances. The sensitivity of GBP to UK poor
The EURUSD is mired in at 62 pip trading range for the day. The high extended to 1.0017. The low reached 0.99551. On the topside, the high stalled ahead of the low of a swing area (see red numbered circles) betweeen 1.00226 and 1.00328. On the downside, the pair stalled ahead of the 0.99515 level.
A note from ANZ in New Zealand on what they expect for the NZD. This in summary: The Kiwi has now made a convincing break below the key psychological and technical 0.60 level While much of the poor performance of the NZD/USD has been a function of USD strength, the Kiwi is also losing ground
NEW DELHI: Gold prices continued to bleed on Friday tracking the trend in global markets. Prospects of aggressive rate hikes by the US Federal Reserve lifted bond yields and took the shine off bullion. Markets are pricing in a 75-basis-point rate hike by the US central bank. Gold futures on were trading lower by 0.18
Overall, Dollar remains the strongest one for the week, followed by Swiss Franc and then Yen. Risk aversion support these currencies, on the expectation of another jumbo rate hike by Fed next week. Commodity currencies are the worst performers with Kiwi having an underhand. Euro and Sterling are mixed for now, with Euro having a
The U.S. economy is teetering on the brink of a serious downturn if the Federal Reserve doesn’t pump the brakes on its rate hikes, billionaire CEO Barry Sternlicht said. The central bank has already raised interest rates four times this year and is widely expected to hike them by 75 basis points next week in
In this article FDX FedEx on Thursday withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments. “Global volumes declined as macroeconomic trends significantly worsened later in the quarter, both internationally and in the U.S.,” CEO Raj Subramaniam said in the release. “While this performance is