Buyers come in against the 100 hour moving average in the North American session The USDCHF support/resistance levels have now been defined in what has been an up and down trading session today. The pair is higher on the day, but there has been a number of up and down swings. The last moves first saw the price move to
New Delhi: Gold imports, which have a bearing on the country’s current account deficit, jumped multi-fold to $7.9 billion (Rs 58,572.99 crore) during the April-June 2021 quarter due to low base effect in the wake of the COVID-19 pandemic, according to data from the Commerce Ministry. Imports of the yellow metal had plunged to $688
Weekly jobless claims unexpected moved higher last week despite hopes that the U.S. labor market is poised for a strong recovery heading into the fall. Initial filings for unemployment insurance totaled 419,000 for the week ended July 17, well above the 350,000 Dow Jones estimate and more than the upwardly revised 368,000 from the previous
In this article CROX Dina Rudick | Boston Globe | Getty Images Crocs reported second-quarter earnings that beat on the top and bottom line Thursday, raising its full-year revenue guidance amid strong global demand. The shoemaker’s stock jumped nearly 3% in premarket trading. Here’s how the company did compared with what analysts surveyed by Refinitiv
Since the crash of March 2020, all stocks have tried to recover what they lost and JNJ was no exception. Johnson & Johnson did not only recover the lost, but It also reached historic highs. Now, we are going to try to build a wedge from the March 2020 lows with a target above $176.
The quest to understand the opportunities and challenges of a central bank digital currency, or CBDC, is underway in 81 countries, with five nations fully implementing a digital version of their currency, according to a new tracker from the Atlantic Council. The Caribbean region is home to all five CBDCs that are currently in use,
Ups and downs continue in the pair. Well, I could continue to use the same title in the afternoon update for the pair. In the North American session, the price moved higher but continue to stall ahead of its 100 hour moving average at 1.17821 currently (blue line in the chart above). The move back to the downside reached just
NEW DELHI: Coriander prices on Friday rose Rs 64 to Rs 6,932 per quintal in futures trade as speculators widened their holdings tracking a firm trend at the spot market. On the National Commodity and Derivatives Exchange, coriander for August delivery went up by Rs 64, or 0.93 per cent, to Rs 6,932 per quintal
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U.S. Treasury Secretary Janet Yellen answers questions during the Senate Appropriations Subcommittee hearing to examine the FY22 budget request for the Treasury Department on Capitol Hill in Washington, DC, June 23, 2021. Greg Nash | Pool | Reuters Treasury Secretary Janet Yellen on Friday warned Congress that her department will need to embark on “extraordinary
In this article BIIB Aduhelm by Biogen Source: Biogen Biogen‘s Alzheimer’s drug, Adhulem, generated $2 million in revenue in the first few weeks of its approval, the company said Thursday in releasing its second-quarter earnings along with an open letter about the controversial drug. Biogen upped its revenue guidance for the year, saying it now
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Dow is above its all-time high close but below its all time intraday high The NASDAQ and S&P are on track for record closes today. The Dow is also above its all time high close and also just above the 35000 level. The NASDAQ is currently up 156 points or 1.06% at 14884. The high price reached 14845.40. Its
Weekend covid news The market brushed aside a momentary covid panic last week but the episode put the pandemic back on the radar. The New York Times reports today that Biden officials now expect vulnerable people to need booster shots due to waning efficacy over time. So far they believe it will be limited to
Gold fell and was heading for a weekly dip on Friday as a stronger dollar, firmer yields and equity markets chipped away at its appeal. Spot gold fell 0.3% to $1,800.72 per ounce by 1:43 pm EDT (1743 GMT). U.S. gold futures settled 0.2% lower at $1,801.80. Bullion has shed 0.7% this week after briefly