EUR/USD is finding buyers amid sluggish market conditions. Investors turn cautious amid US-Sino tensions, ahead of Fed minutes. The European energy crisis deepens as Germany’s Rhine river dry up. EUR/USD is trading better bid above 1.0250, as buyers seemingly find support from a dismal market mood and sluggish US Treasury yields. The US rates pause their
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EURUSD falls below upper swing area and 100 hour MA now. The EURUSD is trading to a new session low at 1.02515. That takes the price further away from the broken 100 hour moving average 1.02622. The price is also falling below a swing area between 1.0254 and 1.0257. Earlier today, the price fell back
What key economic releases and events are on the schedule for the week starting on August 15. Monday, August 15 Empire State manufacturing index, 8;30 AM ET, Est 5.1 vs 11.1 last month Tuesday, August 16 Reserve Bank of Australia monetary policy meeting minutes, 9:30 PM ET Monday Canada CPI, 8:30 AM ET. Wednesday, August
Gold witnessed mixed trade and hovered in a range near $1800/oz level but still managed to end higher for the week. Gold gained 1.5% last week marking its fourth consecutive gain. Gold’s four weekly rally shows bullish sentiment however it has come on the back of five weeks of consecutive losses. The sharp and mixed
In this article NCLH The Norwegian Pearl uses the turning basin as it docks at PortMiami on January 05, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of Norwegian Cruise Line fell Tuesday after the company reported second-quarter results that lagged pre-pandemic levels and warned of persistent volatility ahead. The company reported revenue
USD/CAD is set to finish the week with losses of 1.22%. The University of Michigan Consumer Sentiment for August surprises the upside and boosts the greenback. US Fed officials are still committed to tackle inflation and reiterated their job is not done. USD/CAD advances on Friday, erasing Thursday’s losses, after a positive US consumer sentiment
BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real). While no details about the hack were made available, the company allegedly laid off most of its employees. BlueBenx joins the growing list of crypto
Today’s daily candle, while closing only in apx 4 hours, is now showing a sign that bulls are failing to break the presented channel to the upside, following this 4th attempt to do so, on the daily timeframe. Even if we had a coin flip (50% chance to win, 50% chance to lose) for this
The major US indices are closing higher for the 4th consecutive week today, the gains were led by the NASDAQ index which rose over 2%. All 11 sectors of the S&P index rose. A look at the final numbers shows: Dow industrial average rose 424.3 points or 1.27% to 33761.04 S&P rose 72.86 points or
Oil prices dipped in early trade on Friday amid uncertainty on the demand outlook based on contrasting views from OPEC and the International Energy Agency (IEA), but benchmark contracts were headed for weekly gains as recession fears eased. Brent crude futures fell 34 cents, or 0.3%, to $99.26 a barrel at 0112 GMT, while U.S.
In this article RBLX The New York Stock Exchange welcomes executives and guests of Roblox (NYSE: RBLX), today, Wednesday, March 10, 2021, in celebration of its Direct Listing. NYSE Roblox reported results on Tuesday that missed analyst estimates on the top and bottom lines. Here’s how the company did: Loss per share: 30 cents vs.
Based on a softer US inflation report, USD/JPY climbs during the week by 1.14%, after a volatile last three days. USD/JPY is neutral biased, but a doji emerging in the daily chart could pave the way for further upside. In the near term, the major is sideways, though oscillators point upwards, so it is slightly
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