Discussion about EUR/USD at 1.20 now open – ING

Discussion about EUR/USD at 1.20 now open – ING
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Discussion about EUR/USD at 1.20 now open – ING
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U.S. stock markets and federal offices in the United States will be closed today for Martin Luthur King Jr’s birthday. The holiday coincides with the inaugural ceremony of Donald J. Trump, who plans a radical shift in policy on numerous fronts literally starting on his first day back in office. The presidential transition takes effect…
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At its core, the Volume-Weighted Average Price (VWAP) is a technical indicator that takes both price and volume into account when calculating an average price over a specific timeframe. Unlike traditional moving averages that simply average closing prices, VWAP assigns greater weight to price levels with higher trading volume. This makes VWAP a more dynamic…
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On Friday, trading on the US stock market ended with gains. By the end of Friday, the Dow Jones Index (US30) jumped by 0.47% (+0.38% for the week). The S&P 500 Index (US500) rose by 0.69% (+1.10% for the week). The technology-heavy Nasdaq Index (US100) closed higher by 0.87% (+1.42% for the week). The positive…
May’s Australian employment data surprised to the downside, with a -2.5k decline compared to expectations of a 19.9k gain. Yet beneath the weak headline, the composition was stronger than it appears: full-time jobs surged 38.7k while part-time jobs plunged by -41.1k. Unemployment rate was unchanged at 4.1%, and the participation rate edged down from 67.1%to…