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Month: August 2021
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The low last week was at 0.90384. The USDCHF traded to a low today of 0.90369. That took out the Friday low of 0.90384 but only by a pip and 1/2. That is not what traders expect on a new low. The price has rebounded modestly over the last three hours and currently trades at 0.9052 (14-15 pips
The eviction moratorium is over The eviction moratorium is now over. That moratorium prevented landlords from evicting residents who did not pay their rent. Now with moratorium over, landlords could evict residents who owe back rent or don’t pay the current rent. Directing advisors to assemble all agencies to re-examine authorities that could stop evictions is calling on states, localities to
New Delhi: Gold in the national capital on Monday dipped Rs 124 to Rs 46,917 per 10 gram amid a decline in international precious metal prices and rupee appreciation, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 47,041 per 10 grams. Silver went marginally lower by Rs 18
Sterling is notably lower today in otherwise mixed markets. Euro is also firm, with help from recovery against the Pound. Aussie is the stronger one, mainly because it’s paring last week’s losses. Upside is so far limited ahead of tomorrow’s RBA monetary policy decision. On the other hand, Swiss Franc softens mildly, paring some of
In this article HSBA-GB Pedestrians wearing protective masks walk past a logo displayed at a HSBC bank branch in the central district of Hong Kong. Roy Liu| Bloomberg | Getty Images HSBC is scheduled to release its financial report card for the first half of 2021 at 12 noon Hong Kong/Singapore time on Monday. Analysts
Gold prices were supported on a soft greenback and risk-on sentiment at the start of the week. Record low real rates are offering support to the precious metals in the immediate term. At the time of writing, just ahead of the closing bell on Wall Street, XAU/USD is trading at $1,816.00 and higher by 0.1% after travelling
Jack Dorsey’s cryptocurrency-friendly digital payments firm Square is expanding competition with global payment giants like PayPal by acquiring a major Australian lending company. Square announced Sunday that the firm has entered into a scheme implementation deed to acquire all of the issued shares in fintech company Afterpay in a $29 billion deal. The transaction is
100 day MA at 0.90733 The USDJPY has move back up toward its high for the day and in the process is testing its 100 day moving average at 0.90733. The fall below the 200 day moving average yesterday was the first fall below the level since June 16 when the price closed back above the moving average
Latest data released by Markit – 2 August 2021 Prior 60.4 A slight drop in the headline compared to June but overall levels remain elevated with production and new orders seen up sharply once again. That said, supply chain disruptions are still an issue and that is constraining growth. Markit notes that: “July’s data again
NEW DELHI: Gold prices edged lower in domestic markets on Monday, following global market cues. The dollar held steady, pushing the yellow metal trade in red. Gold futures on MCX were down merely 0.10 per cent, or Rs 47, at Rs 47,954 per 10 gram. Silver futures traded marginally up 0.03 per cent, or Rs
The market opened the month with mildly positive sentiment, with major Asian indexes trading higher. But there is little reaction in the currency markets. Commodity currencies are generally soft for now, with slight losses in particular in Kiwi and Loonie. On the other hand, Dollar, Yen and Euro are trading mildly higher. Overall, however, there
A Shell logo seen at a petrol station in London. A court in The Hague has ordered oil giant Shell to reduce its carbon emissions by 45% compared to 2019 levels by 2030, in what is widely seen as a landmark case. SOPA Images | LightRocket | Getty Images LONDON — Oil giant Royal Dutch
AUD/USD off lows around 0.7350, but not out of the woods yet. Bears are testing the bullish commitments at critical daily support. Escalating covid concerns remain a drop, with all eyes on the RBA decision. AUD/USD has bounced back above 0.7350, tracking the rally in the S&P 500 futures amid a recovery in the risk appetite. Expectations
Learn how to trade the Hammer Candlestick formation in forex trading. This is a powerful tool that should be added to any forex trading system.
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