Can the price remain below the MA line now? The price of the NZDUSD has been on a volatile ride today. In the Asian session, the price wanted to the downside but found support buying near the 100 day MA. The moved to the upside in the European session took the price above its 100 and 200 hour moving averages
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Markit US manufacturing and services surveys for May 2021 Record highs in services, manufacturing and composite (series began in 2009) Prior was 64.7 Manufacturing 61.5 vs 60.2 Prior manufacturing was 60.5 Composite 68.1 vs 63.5 prior (pictured above) Services new orders hit a record Services input prices hit a record Manufacturing new orders hit a
Domestic gold and silver prices declined on Friday amid a sharp bounceback on Dalal Street, though weakness in the dollar overseas limited the downside. MCX gold futures for June 4 delivery traded lower throughout the morning session, and were last seen quoting down by Rs 95 or 0.20 per cent at Rs 48,449 per 10
Canadian Dollar rises in early US session after stronger than expected retail sales data. Sterling is also firm after strong PMIs. But Euro had little reaction to the solid PMI data. Instead, the common currency seems to be reacting to ECB President Christine Lagarde’s comment that accommodative policies remain necessary for months to come. Euro
Daniel Acker | Bloomberg | Getty Images Sales of existing homes dropped 2.7% in April from March to a seasonally adjusted, annualized rate of 5.85 million units, according to the National Association of Realtors. It was the third straight month of declines, the group said. Sales were 33.9% higher than April of 2020, but that
In this article WOOF Shoppers wait in a line outside a Petco pet store in Hollywood, California, on April 23, 2020 during the novel coronavirus pandemic. Robyn Beck | AFP | Getty Images Petco Health and Wellness Company reported Thursday first-quarter earnings that outpaced Wall Street’s estimates as a surge in pet adoptions continues to
US Manufacturing PMI rose to a new series high in May. US Dollar Index rose above 90.00 after the data. The business activity in the US manufacturing sector continued to expand at a robust pace in May with the IHS Markit’s Manufacturing PMI rising to a new series high of 61.5 from 60.5 in April.
The average directional Index or ADX, is an indicator that is use to determine the strength of a prevailing trend. The ADX is measured on a scale from zero 100 with a series of lines…
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Nasdaq and S&P still remains lower on the month The major US indices are closing higher with the NASDAQ leading the charge. All three major indices snapped three days losing streaks The Dow and S&P are on track for a weekly loss NASDAQ is higher for the week and looking to close higher for the first time in
Don’t worry about the negative Japan CPI print its just from a huge drop in cellphone fees in the month is the new Don’t worry about the huge jump in the US CPI in April its just used cars. —- OK, for Japan: cellphone costs dropped 26.5% y/y In April this is almost all of
Gold hovered close to a more-than-four-month peak it scaled in the previous session, fuelled by a dip in the and U.S. yields as investors shrugged off the Federal Reserve‘s hints on possible tapering of economic support measures. Spot gold rose 0.4% to $1,876.80 per ounce by 10:36 a.m. EDT (1436 GMT). U.S. gold futures fell
The forex markets are very quiet today, with most major pairs and crosses staying inside yesterday’s range. Dollar is paring some post FOMC minutes gains, while Sterling is also soft. On the other hand, Australian and New Zealand Dollar are both recovering mildly. As for the week, Euro is currently the strongest one,m followed by
A woman wearing a face mask rides a scooter past the U.S. Federal Reserve in Washington, D.C., the United States, on Jan. 27, 2021. Lie Jie | Xinhua News Agency | Getty Images The Federal Reserve is moving forward in its efforts to develop its own digital currency, announcing Thursday that it will release a
In this article KSS Vehicles sit parked in front of a Kohl’s department store in Ashland, Ky. Luke Sharrett | Bloomberg | Getty Images Kohl’s on Thursday reported first-quarter earnings and sales that topped analysts’ estimates, and raised its outlook for the full year. Its stock jumped more than 1% in early trading. Here’s how
NZD/USD refreshes intraday low amid a quiet Asian session. US dollar consolidates the previous day’s losses amid pick-up in 3-year Treasury yields. Israel-Palestine peace accord helps extend Wall Street gains, pre-PMI mood probe bulls. NZD/USD takes offers around 0.7180, down 0.24% intraday, as sellers retake control during early Friday. Amid a lack of major catalysts
The USD is higher but off highs for the day As European/London traders look to exit for the day, the JPY remains the strongest and the NZD is the weakest of the major currencies. That was the ranking when the US stocks opened for trading a few hours ago.. The USD was the strongest at the start of