The EURUSD held above the 200 hour MA during 2 tests yesterday and again today. Then the level was broken and failed in each of the prior two hourly bars. EURUSD below 200 hour MA, but….. Now on yet another attempt, the MA is being broken with the pair moving to a new day low. […]
EURUSD sellers are trying…. Read More »
The major indices are closing higher for the second consecutive day. The Dow, S&P and NASDAQ indices will close up about 1.5%. The final numbers showing: Dow Industrial Average rose 526.74 points or 1.6% at 33376.49 S&P index rose 56.78 points or 1.49% at 3878.39 NASDAQ index rose 162.27 points or 1.54% at 10709.38 Russell
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The yellow metal kicked off 2022 with all glam and glitter — for once the geopolitical crisis between Russia and Ukraine can be credited for this. It actually pushed the demand for the yellow metal higher. After a corrective phase, following successive rate hikes by central banks, the year-end once again saw the prices of
Amid the recession buzz, will gold continue to glitter in 2023? Read More »
The markets appear to be back in risk-on mode as seen in major European indexes and US futures. Aussie is recovering notably, followed by Swiss Franc. But New Zealand Dollar is the weakest for the day, followed by Sterling and then Yen. Dollar and Euro are mixed. As for the week, Kiwi is the worst
Markets Turning Back to Risk-on Mode, Dollar Softens Read More »
President of the European Central Bank Christine Lagarde attends a hearing of the Committee on Economic and Monetary Affairs in the European Parliament on November 28, 2022 in Brussels, Belgium. Thierry Monasse | Getty Images News | Getty Images The European Central Bank opted for a smaller rate hike at its Thursday meeting, taking its
In this article NKE Follow your favorite stocksCREATE FREE ACCOUNT Nike on Tuesday reported quarterly results that easily topped Wall Street’s expectations while raising its outlook, as the company touted its success in clearing through its hefty inventory pile. Shares of Nike rose more than 10% Wednesday. Here’s how Nike did in its second fiscal
Nike surges after results top expectations and retailer shows inventory progress Read More »