China NBS Manufacturing PMI came in at 49.3, below expectations (50) in January | FXStreet
China NBS Manufacturing PMI came in at 49.3, below expectations (50) in January
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China NBS Manufacturing PMI came in at 49.3, below expectations (50) in January
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Fundamentals or technicals? A third view Introduction There have been long debates in the last 20 years about which approach is better as a forecasting means of the foreign exchange market. The two main schools of thought are traditionally the fundamental analysis and the technical analysis. As a matter of fact, this has…
(Reuters) – The and the Nasdaq opened higher on Tuesday after a holiday-extended weekend, with investors awaiting key inflation data later in the week that could influence expectations for the Federal Reserve’s policy trajectory. The fell 40.6 points, or 0.10%, at the open to 39,028.99. The S&P 500 rose 11.2 points, or 0.21%, at the…
Gold price rallied further and traded to a new all-time high. Crude oil is showing bearish signs and might decline below $70.00. Important Takeaways for Gold and WTI Crude Oil Prices Analysis Today · Gold price started a steady increase above the $2,880 zone against the US Dollar. · A major bullish trend line is…
Gold prices rose in United Arab Emirates on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 398.93 United Arab Emirates Dirhams (AED) per gram, up compared with the AED 397.45 it cost on Monday. The price for Gold increased to AED 4,653.04 per tola from AED 4,635.80 per tola a…
Yesterday, BTC/USD rose above the $75k level, thereby setting a new high for March. The last time Bitcoin traded at such levels was in early February. Why is Bitcoin Rising? Bitcoin’s appeal appears to be increasing due to a combination of factors, including:→ ongoing military conflict in the Middle East;→ expectations of rising inflation and…
The euro can’t find its footing and has tumbled 2.7% in October. EUR/USD has stabilized on Friday and is trading at 1.0835 in the European session, up 0.05%. On Thursday, the euro dropped as low as 1.0810, its lowest level since August 2. ECB cuts key rate to 3.25% The European Central Bank didn’t surprise…