Selling of Swiss Franc is somewhat the biggest theme in a very quiet day so far, with UK on holiday. On the other hand, some buying is picking up in Canadian Dollar. But overall, markets are mixed without a clear direction yet. Main focus will firstly be on whether US stocks could extend last week’s […]
Swiss Franc Dips in Mixed, Quiet Markets, Awaiting Dollar’s Next Move Read More »
A pending sale sign in front of a home in Miami. Getty Images Signed contracts to purchase previously owned homes fell 1.8% in July from June, according to the National Association of Realtors. Sky-high home prices have caused affordability to drop dramatically in the last several months. The median price of an existing home was
Homebuyers sign fewer contracts in July, as high prices chill the summer market Read More »
USD/MXN drops for the second day in a row, approaches short-term support. Technical indicators favor the Mexican peso, but cross remains above key level. Market optimism continues to keep the upside limited in USD/MXN. The pair peaked at 20.45 two weeks ago and then it moved in a range between 20.17 and 20.42. On Monday
USD/MXN Price Analysis: Mexican peso recovers, still looks bearish Read More »
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Major indices trading higher ahead of the Fed Powell speech at the top of the hour Read More »
Daily thread to exchange ideas and to share your thoughts Europe looks set for a calmer start to the new week, with risk trades continuing to breathe easier following Fed chair Powell’s speech at the end of last week. Powell offered no fresh leads on tapering and that sent the dollar lower while Treasury yields declined as
Trade ideas thread – European session 30 August 2021 Read More »
Binance Australia has announced the appointment of Leigh Travers, the former chief executive of local blockchain technology and payments firm DigitalX, as the company’s new CEO. Travers has worked at DigitalX for seven years, and previously served on the board of leading local blockchain industry body, Blockchain Australia. In June 2014, DigitalX became the world’s
Binance Australia onboards former DigitalX exec as new CEO Read More »