Major indices close near highs for the dayIt was another wild day in the equity complex.The major indices are all closing higher and near their session highs after earlier falls were erased.Dow posted the best weekly performance in four w ...
European shares end with mixed results
German Dax falls short of a record close despite a new intraday all-time highThe German DAX is closing the day up 0.2%. However that is short of the all-time high close of 14109.48. The index did however reach a new all-time intraday high price of ...
The biggest bubble in history is starting to come undone
If you bought a Canadian government 5 year bond last Monday, your entire return is now wiped out. The good news is that you can clip 0.5% coupons until 2025 and break even (before adjusting for inflation).Rising US Treasury yields are getting all ...
EUR/USD trades at one-month highs as the dollar keeps more vulnerable
The pair dealt with a nearby above every day obstruction of 1.2150 yesterday and is currently exchanging at its most significant levels in a month, around 1.2170-75 on the session.There is some swing locale opposition just as the 61.8 retracement l ...
The NZD is the strongest and CHF is the weakest as NA traders enter for the day
The NZD is the most grounded and the CHF is the most fragile as the exchanging week gets in progress. The USD is sitting in the most grounded to most vulnerable reach with blended outcomes. The greenback is more grounded versus the JPY, CHF and CAD a ...
WTI crude oil settles at $58.68, up 0.6%
WTI crude oil futures for March delivery settle up $0.32 or 0.55%The price of WTI crude oil futures are settling the day up $0.32 or 0.55% and $58.68. The high price for the day reached $58.91. The low price extended to $58.08.The Department of E ...
GBPUSD continues its run higher. Up close to 300 pips from the low last Thursday.
The GBPUSD on the weekly chart above, is moving away from a topside trend line connecting highs from 2019. That trend line cuts across at 1.3729. It was broken on Mondays trade. Yesterday, the pair continue to run higher and that is rolling over in ...
GBPUSD trades the highest level since late April 2018
GBPUSD cracks above the ceiling area (and is staying above the area too) The GBPUSD has moved above the key ceiling area on the hourly chart between 1.3745 and 1.37582. That area had a number of swing highs going back to January 21 (including one yes ...
EURUSD stalls at the high near 50% and key swing area. Rotates lower toward support
100 hour moving average being approached on the downside in the EURUSDThe EURUSD on Friday moved sharply higher after the weaker than expected US employment report and overall dollar selling. On the way higher, the pair moved back above the 1.2027 ...
PBOC sets yuan mid-point at 6.4678 vs last close at 6.4664
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, expe ...