Late Thursday, The Telegraph came out with the news suggesting that the UK PM is on the way to announce next week a tax hike to pay for an overhaul in social care. Johnson will reveal a rise in national insurance that will see around 25 million people pay extra tax, the report said. FX […]
NZD/USD is up 0.2% on the day, contesting its 100-day moving average Invest in yourself. See our forex education hub. From a technical perspective, the pair is running into a bit of a critical juncture at this stage as price tests the 100-day moving average (red line) @ 0.7081 and is closing in on the
NZD/USD runs into key resistance as buyers keep the recent momentum going Read More »
Equities slightly higher on the day currently European indices are up around 0.2% to 0.3% across the board while US futures are also sitting higher by around 0.2% on the session now. That is seeing risk sentiment keep in a better spot as we navigate through the day, with mild gains observed in risk/commodity currencies
Risk keeps in a more comfortable spot so far in European morning trade Read More »
Bitcoin (BTC) swiftly reclaimed $50,000 on Sep. 2 as bears felt maximum pain and lost hundreds of millions of dollars. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin sparks a fresh bear bloodbath Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly breaking through the $50,000 mark to hit its highest since Aug. 23.
BTC price returns to $50K as Bitcoin bears lose $450M in daily liquidations Read More »
NEW DELHI: Gold prices in India were almost flat on Thursday, following global trends. Investors were largely on the sidelines awaiting US non-farm payrolls print that is crucial for the Federal Reserve’s tapering timeline. Gold futures on MCX were marginally down 0.02 per cent, or Rs 10, at Rs 47,058 per 10 gram. Silver futures,
Gold rate today: Yellow metal flat; silver marginally lower Read More »
While NASDAQ surged to new record high overnight, overall closes were mixed with DOW slightly down. Asia markets also lack a clear direction. Investors appear to remain cautious ahead of US non-farm payroll report tomorrow. So far, New Zealand and Australian Dollars are the strongest ones for the week. Canadian Dollar is lagging far behind
Yen Crosses Trading Up But Markets Stay Generally Cautious Read More »