The year 2021 for the USDJPY can be characterized as a trend like move higher. The USDJPY pair had it’s low for the year on January 6th (the first week of the trading year) at 102.586. The high for the year (with a few days left to go) peaked at 115.513 on November 24. The
The major European indices are closing higher on the day. The one laggard is the UK FTSE 100 which is closing near unchanged. A look at the major indices shows: German Dax, +0.5% France’s CAC, +0.75% UK FTSE 100, unchanged Spain’s Ibex, +0.7% Italy’s FTSE MIB, +080% A snapshot of the US stock market is
It doesn’t matter how experienced you are at trading because nothing can be done to protect a person against the might of cryptocurrencies’ price swings. Currently, Bitcoin’s (BTC) volatility, the standard measure for daily fluctuations, stands at 64% annualized. As a comparison, the same metric for the S&P 500 stands at 17%, while the volatility
Gold prices rose by Rs 18 to Rs 47,175 per 10 gram on Monday following firm global cues, according to HDFC Securities. In the previous trade, gold prices had settled at Rs 47,157 per 10 gram. Silver prices tanked by Rs 342 to Rs 60,710 per kg from Rs 61,052 per kg in the previous
Gold (XAU/USD) remains firmer around $1,812 during Tuesday’s Asian session, after refreshing the weekly peak the previous day. The yellow metal cheers the market’s risk-on mood, as well as downbeat US dollar prices, to keep buyers hopeful during the final days of 2021. Easing fears of the South African covid variant and stimulus hopes could
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Kolkata: SohanLal Commodity Management (SLCM), a leading holistic service provider in the global post-harvest space for agricultural commodities has signed an agreement with the Tamil Nadu Foodgrains Marketing Yard (TFMY) to provide finance against commodities stored in the TFMY warehouse facility. Tamil Nadu Foodgrains Marketing Yard (TFMY) is a project that aims to provide necessary
NASDAQ:RIVN has basically traded flat now in the six weeks since its IPO. One of Amazon’s Rivian delivery truck prototypes is spotted on the roads. Tesla could be challenged by a Chinese EV maker, but it isn’t the one you think. NASDAQ:RIVN has had an interesting first six weeks as a publicly traded company, as
For NFL fans, 2021 was a great year. Stadiums returned to capacity crowds after the 2020 season was shortened with limited attendance. Stadium parking lots were again filled with the enthusiastic anticipation of tailgaters and their barbequed camaraderie. It was also a great year for Bitcoin (BTC) investors as the largest cryptocurrency by market capitalization
MELBOURNE: prices rose again on Wednesday as the dollar slipped, with risk appetite returning as some governments resist imposing lockdowns to curb the spread of the Omicron COVID-19 variant and as China said it would be able to sustain economic growth. U.S. West Texas Intermediate (WTI) crude futures rose 50 cents, or 0.7%, to $71.62
Amid a slew of negative news concerning the COVID-19 variant linked to South Africa, Reuters shared a positive update from the global payment network Mastercard. “US retail sales rose 8.5% during this year’s holiday shopping season from Nov. 1 to Dec. 24, powered by soaring e-commerce sales,” said the news. Mastercard’s SpendingPulse also mentioned, “US
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The EURGBP’s tail is wagging the dog (the EURUSD and the GBPUSD) in trading today as it falls sharply. The selling started in the Asian session after a run to the upside stalled, and the price started to crack below swing levels going back to last week’s trading at 0.8485, and 0.84765. The price also
Gold prices held steady in holiday-thinned trade on Thursday, as a weaker offset renewed risk appetite fuelled by an encouraging Omicron study and increased optimism around the global economic outlook. FUNDAMENTALS * Spot gold was little changed at $1,806.85 per ounce by 0218 GMT. U.S. gold futures were up 0.3% at $1,808.20. * The metal
The Mexican peso is rising across the board on Friday. USD/MXN heads for lowest daily close in a month. The USD/MXN is falling on Friday for the third consecutive day and it trades at 20.56, the lowest level in a month. The Mexican peso remains supported by an improvement in global risk sentiment. Also, a