50% retracement above and swing area/200 hour MA below The AUDUSD is not going very far today with a 28 pip trading range. The pair has found sellers ahead of the 50% retracement above at 0.72659, and buyers below near the 200 hour moving average at 0.7240 and a swing area between 0.72368 and 0.72452. THe current price trade at
Month: August 2021
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do
NEW DELHI: Following global trends, gold prices moved lower on Wednesday as the US dollar ticked up and investors awaited for possible guidance on tapering of the pandemic-era stimulus. Gold futures on MCX were down 0.56 per cent, or Rs 265, at Rs 47,347 per 10 gram. Silver futures declined 0.65 per cent, or Rs
Dollar continues to pare back some of this week’s losses in early US session, after slightly better than expected durable goods orders. But strength of recovery is so far relatively weak. Markets are also generally in mixed mode. Euro has litter reaction to worst than expected Germany business climate data, too. Overall, traders are turning
A Dick’s Sporting Goods store Craig Warga | Bloomberg | Getty Images Dick’s Sporting Goods shares rose on Wednesday after the retailer reported sales growth of 21% in the fiscal second quarter and raised its outlook for the year. Shares were up about 11% in premarket trading. The big-box retailer’s sales have soared during the
Wall Street’s main indexes opened near Tuesday’s closing levels. Energy stocks underperform as oil loses bullish momentum. Technology shares edge higher after the opening bell. As signalled by the inactivity in futures trading, major equity indexes in the US opened near Tuesday’s closing levels on Wednesday. As of writing, the S&P 500 was flat at
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Russell 2000 leads the way with a gain of 1% The S&P and NASDAQ are both closing at record high levels. S&P and NASDAQ up for the fourth consecutive day Russell 2000 leads Way with a 1% gain Dow rises for the second consecutive day NASDAQ index closed above the 15,000 level for the first
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Tim Stokely, the founder and CEO of OnlyFans has explained how banks had forced it to drop adult content from the subscription-based content platform. OnlyFans is a popular platform connecting online sex workers to subscribers, but the firm recently changed its policy to prohibit “sexually explicit conduct,” starting Oct. 1 — which has caused backlash
Capacity utilisation at domestic refineries rose to 91% in July compared to 83% a year earlier as fuel demand returned after lockdown restrictions were eased. The average utilisation at , the nation’s largest refiner, increased to 96% from 91% in July last year, as per the official data. , the owner of the world’s largest
Commodity currencies suffered last week but Canadian dollar was the worst performer. Loonie declined -2.93% in the past week, making it the weakest amongst major currency pairs. Other than the broad-based strength in US dollar amidst speculations of early taper by the Fed, the sharp selloff in crude oil price was the ultimate reason driving
In this article JWN A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom shares fell Tuesday after the department store chain reported fiscal second-quarter sales remained below pre-pandemic levels. Compared with a year earlier, sales more than doubled, as shoppers used Nordstrom’s anniversary sale as
Gold holds on above the psychological $1800 level in the count down to Fed’s Powell on Friday. The US dollar is consolidating ahead of the event, licking would at critical support in DXY near 92.80. Update: Gold (XAU/USD) extend the previous day’s weakness to refresh intraday low around $1,795, down 0.45% on a day during
NASDAQ and S&P up for the fourth consecutive day The US stocks opened and after a few minutes of trading, the major indices are trading higher. The gains are led by the NASDAQ index which has extended to a new record high. A snapshot of the market currently shows: Dow industrial average up 80 points
Richmond Fed manufacturing index (August) 9 vs 25 estimate Coming Up! Title text for next article LON +1 SDNY+11 NY -4 TYO +9 GMT Written Fed manufacturing index for August 2021 Prior report was 27 (expected 20). Unrevised at 27 Shipments 6 versus 21 last month. New orders five versus 25. Number of employees 18 versus
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