While bitcoin {{BTC}} and Ethereum’s ether { The post This Is Why Altcoin Investors Struggle Despite Bitcoin, Ether Sitting Near Yearly Highs appeared first on ForexTV. Source link
Gold reverses gains after hitting daily high of $2,368, down more than 1.70%. Strong US S&P Global PMI data boosts the US Dollar, with the DXY rising 0.14% to 105.80. Mixed US economic data keeps Fed rate cut speculation alive. Gold prices reversed course on Friday, moving down more than 1.70%. Economic data from the…
Australian Dollar has suffered extended declines in recent sessions as RBA gains slowly fade. PMI figures from Australia reveal weaker-than-expected data. Fragility in the Australian economy seems to be driving demand off the Aussie. In Friday’s session, the Australian Dollar (AUD) intensified its losses against its peers. The AUD/USD duo has been testing its notable…
Kiwi tallies a three-day losing streak, end the week on a negative note with the pair stabilizing at 0.6115. NZD/USD outlook continues to skew bearish as bulls fail to maintain upward traction. Bucking the bearish trend, a break above 0.6150, the position of the 20-day SMA, is vital. On Friday, the NZD/USD extended its losing streak…
The Aussie and Loonie dominated FX price action while the Japanese yen saw downtrends despite rate hike talks from the BOJ. What’s up with that?! Source link
The week is coming to a close with the USD being the strongest of the major currencies. The JPY is the weakest.The gains in the greenback today were helped by stronger-than-expected flash PMI data that saw services index rise to 55.1 vs 53.7 expected, and the manufacturing rise to 51.7 above estimate of 51.0. For…
Major broad market catalysts were few and far in between this week, prompting individual headlines to have a bit more pull on individual assets, and driving a less uniform performance mix this week. Which markets out performed during this unusual week of trading? We have the deets! This Article Is For Premium Members Only…
By Laura Matthews NEW YORK (Reuters) -The dollar edged higher against other major currencies on Friday, hitting a fresh eight-week high against the yen as data showed a strong U.S. economy and as the Federal Reserve’s patient approach to interest-rate cuts stood in contrast to more dovish peers. U.S. business activity hit a 26-month high…
It was quad witching in the equity market and that played a big role in today’s trading. S&P 500 down 0.2% Nasdaq Comp down 0.2% Russell 2000 up 0.2% DJIA flat Toronto TSX Comp down 0.1% On the week: S&P 500 +0.6% Nasdaq flat DJIA +1.4% The candle on the Nasdaq could be nothing or…
Gold Keeps H&S Pattern الذهب يحافظ على نموذجه Source link