What you need to take care of on Friday, May 20: Despite persistent risk-aversion, the American currency changed course on Thursday and fell across the FX board. Fears gyrated around inflationary pressures and slowing economic growth. Stocks markets remained under pressure, with most Asian and European indexes closing in the red, although off their intraday
Block, the pro-Bitcoin (BTC) umbrella company that hosts Cash App, Square and Afterpay, continues its growth in 2022. According to its Shareholder letter, in the first quarter of 2022, gross profits are “up 34% year over year.” In total, the group netted $1.29 billion in gross profits. However, operating costs were also up “$1.52 billion
Wacth The Video To Understanding Trading Forex Like A Pro Its video For U guys ,supply Demand , Market most patern Profitability, support Resistant Mode, and How To Set Stoploss and how to Find Take Profit Area??? and how To BE-breakeven Strategy! dont forget To like Subcribe my video, Share ,and Like My Video if
mid-week video surprise! just wanted to share some nuggets on this… Check out my go-to resources ?? ? Trading Platform (My Analysis Software) – http://hannahforex.com/trading-view ? FTMO – http://hannahforex.com/FTMO-platform ? Preferred Broker – http://hannahforex.com/my-broker ? Soft4Fx (Backtesting software)- http://hannahforex.com/soft4fx ? VPN To Browse Safely – http://hannahforex.com/VPN-software SOCIAL: ? Instagram – https://www.instagram.com/hannahforex/ ABOUT ME: I’m Hannah,
The AUDUSD is moving down as some risk off flow are kicking in as stocks continue the move lower today. Looking at the weekly chart, the move lower has taken the pair back within the swing area going back to July 2020 between 0.6966 and 0.7005. That area was home to swing lows (and a
The franc is starting to gather some solid momentum in the past few sessions, helped by the more dour risk sentiment in trading yesterday – which seems to be continuing to today – and also from a subtle nudge by the SNB in viewing the inflation situation in Switzerland. On the latter, SNB chief Thomas
NEW DELHI: Gold prices were trading flat with a negative bias on Thursday as steady US dollar and elevated Treasury yields weighed on greenback-priced bullion. Gold’s performance and outlook have also been under the cloud amid aggressive Fed monetary policy stance on rate hikes as the bank pushes to rein in soaring inflation. Gold futures
Markets are back in risk-off mode as down dropped more than -1100 pts overnight. Dollar and Yen tried to rebound but there was no follow through buying. Indeed, both remain the worst performing ones for the week. Instead, safe-haven flow seems to be benefiting Swiss Franc more this time. Franc is also helped by buying
A woman rides an electric bike past a gas station as current gasoline prices continues to climb close to record setting territory in Encinitas, California, May 9, 2022. Mike Blake | Reuters U.S. households are now spending the equivalent of $5,000 a year on gasoline, up from $2,800 a year ago, according to Yardeni Research.
In this article BBWI Sale signs inside the Bath and Body Works store in Edmonton. On Thursday, January 6, 2022, in Edmonton, Alberta, Canada. Artur Widak | Nurphoto | Getty Images Bath & Body Works shares fell in after-hours trading Wednesday after the retailer cut its profit outlook for the year, in part due to
The last 12 months have seen the Royal Mail share price halve from the June 2021 peaks of 614p, with the losses accelerating after the company cut its operating profit forecast in January, due to a £70m restructuring charge, when it announced its Q3 numbers. Now trading near one year lows today’s full year numbers
The USD is making new session highs vs the EUR, GBP, CAD, AUD and NZD. The JPY and the CHF meanwhile are attracting the most forex flows. USD: The EURUSD is back below its 200 hour MA and is also ticking below the low price going back to April 28 at 1.04709. The 100 hour
WTI crude oil futures for June delivery settled at $109.59. That’s down $-2.81 or -2.5%. The high for the day reached $115.42. The low extended to $108.46. The June contract last day of trading is May 20 (Friday). Most of the trading is now in the July contract. It is trading at a discount of
Gold prices edged higher on Wednesday, as a weakening dollar countered pressure from stronger Treasury yields and an aggressive stance on inflation by the U.S. Federal Reserve chief. A weaker dollar makes gold more attractive for buyers holding other currencies. FUNDAMENTALS * Spot gold was up 0.1% at $1,816.56 per ounce, by 0106 GMT. U.S.
Dollar and Yen are recovering mildly today but overall major pairs and crosses are stuck in very tight range. European majors are the weaker ones, with Sterling having a lower handle. Commodity currencies are mixed. Trading is also quiet in other markets with Gold continuing to hover slightly above 1800 handle. WTI crude oil is
Corporate executives are taking a dim view of their prospects, with a majority now expecting a recession ahead, according to a closely watched business survey released Wednesday. The Conference Board measure of CEO sentiment showed that 57% of respondents expect inflation to come down “over the next few years” but the economy to sustain a
In this article CSCO Chuck Robbins, chief executive officer of Cisco Technologies Inc., gestures as he speaks during a panel session on day two of the World Economic Forum (WEF) in Davos, Switzerland, on Jan. 22, 2020. Jason Alden | Bloomberg | Getty Images Cisco shares plunged 15% in extended trading on Wednesday after the
What you need to take care of on Thursday, May 19: The greenback edged higher against its high-yielding rivals but eased against safe-haven currencies, reflecting the dismal market mood. Inflation was the primary catalyst of the latest bout of risk aversion. The EU Consumer Price Index was confirmed at 7.4% YoY in April, while the