Cryptocurrencies
US durable goods orders jump 9.9% mom in Aug
US durable goods orders surged 9.9% mom to USD 289.6B, well above expectation of 4.0% mom. Ex-transport orders fell -0.2% mom to USD 187.4B, below expectation of 0.0% mom. Ex-defense orders jumped 10.4% mom to Read more…
Cryptocurrencies
Yen Soars as Powell Signals Rate Cuts on the Way
The Japanese yen has started the week with slight gains. In the European session, USD/JPY is trading at 144.15, down 0.16% on the day at the time of writing. On Friday, the yen shot up Read more…
Cryptocurrencies
Stock Market Today: Stocks seen mixed after Fed rate-cut signal; Mideast a worry
US stocks were indicated mixed in Monday trading, following Friday’s surge stemming from the central bank’s clear indication that it would cut interest rates. Investors cheered the central bank’s signaling on interest rates but are Read more…
Cryptocurrencies
Germany’s Weakening Business Climate Cooled But Unlikely to Turn Euro Around
Germany’s business climate Germany’s business climate deteriorated in August but was better than expected. The Ifo business climate indicator fell from 87.0 to 86.6, the fourth consecutive month of decline, but better than the forecast Read more…
Cryptocurrencies
News of the Week (August 26— August 30): EURUSD Analysis!
EURUSD presents enticing opportunities for all traders—keep watching! The EURUSD pair, often referred to by traders as the “Fiber,” is the most traded currency pair in the Forex market. It reflects the Euro’s relative strength Read more…
Cryptocurrencies
Gold Creates New Bullish Wave Near Record High
Gold rises above short-term SMAs Stochastics turn down MACD and RSI still have positive momentum Gold prices are rallying higher, with the prospect of reaching the record high of 2,531 again. More advances may find Read more…