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Finland Producer Prices Fall At Slower Pace In August

Finland's producer prices declined at a slower pace in August, data from Statistics Finland showed Thursday. Producer prices decreased 4.1 percent on a yearly basis, following a 5 percent drop in July. Prices have been falling since June 2019. Month-on-month, producer prices were up 0.8 percent. The

Initial Jobless Claims Come in at Higher Than Expected 870,000 -- The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.Economists had forecast

US STOCKS-Wall Street set to open lower as labor market recovery cools

* Weekly jobless claims unexpectedly rise to 870,000* Tesla set to tumble for third straight day* Goldman Sachs, Wells Fargo, JPMorgan edge higher* Futures off: Dow 0.61%, S&P 0.76%, Nasdaq 1.28% (Adds comments; updates prices)By Sagarika Jaisinghani and Devik JainSept 24 (Reuters) - Wall Street

Israeli Security Firm Curv Signs UAE Crypto Exchange HAYVN

Photo: Bloomberg Israeli startup Curv, which provides security infrastructure for digital assets, has partnered with UAE-based cryptocurrency platform and custodian HAYVN. It is the first commercial agreement between crypto-related firms in the two countries since they agreed to normalise diplomat

MarketAxess Holdings Appoints Riad Chowdhury as Head of Asia Pacific

Photo: Bloomberg MarketAxess Holdings Inc. recently announced that it has secured a new Head of Asia Pacific, with Riad Chowdhury taking on the role, effective from today, the 23rd of September 2020. The operator of an electronic trading platform for fixed-income securities, MarketAxess, said in a

22.09 - GBP/USD snaps two-day losing streak

GBP/USD bounces off 1.2798 to currently around 1.2820 while heading into the London open on Tuesday. Unlike other major currency pairs that mostly portrayed US dollar gains, the Cable marked the coronavirus (COVID-19) woes at home to please the sellers the previous day. With the virus-led deaths rea

USDCAD might see more upside if it breaks below 1.3317

#USD/CAD# USDCAD went up to test our upside confirmation at 1.3317 where the 161.8% fib retracement is. Price could bounce further from current level towards 1st resistance where the 200% fib retracement is. EMA also indicates that further upside could come.

EUR/JPY Daily Outlook

Daily Pivots: (S1) 123.55; (P) 123.85; (R1) 124.37; Intraday bias in EUR/JPY remains neutral for the moment and some consolidations could be seen. But upside of recovery should be limited by 125.01 minor resistance to bring another decline. On the downside, break of 123.31 will target 38.2% retracem
  • Symbol EUR/USD
  • Trading Account #5 80012502
  • Broker AvaTrade
  • Open/Close price 1.18619/1.182
  • Volume Sell 0.6 Flots
  • Profit 251.40 USD

South Korea Bourse May Test Support At 2,400 Points

The South Korea stock market on Friday halted the two-day slide in which it had stumbled almost 40 points or 1.8 percent. The KOSPI now rests just above the 2,410-point plateau although it's likely to face renewed selling pressure on Monday. The global forecast for the Asian markets is soft with con
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18 Sept

How to Be a Part Time Trader: Tips on Workflow and Strategy

Many people think that trading foreign exchange (FX) requires a lot of time to research the market and to identify trading opportunities. However, the 24-hour nature of FX makes it easier for part time day traders to take advantage of trends in currencies because they are not bound by when an exchan
18 Sept

Plus500 Spends Close to £500K on Most Recent Share Buyback

Photo: FM As Plus500’s (LON:PLUS) share price starts off this Friday in the green, the London listed broker has provided an update for its latest share buyback program in which the company plans on repurchasing more than $60 million of its own ordinary shares. Today, Plus500 revealed in a regulato
18 Sept

17.09 - USD/CAD seesaws around intraday high

USD/CAD prints 0.40% intraday gain while trading near 1.3230 during the pre-European session on Thursday. The quote becomes no exception to the market’s major affection towards the US dollar after the previous day’s Federal Reserve (Fed) monetary policy meeting. Also please the pair buyers could be
17 Sept

Dow futures sink over 300 points as investors process Fed policy and lackluster economic reports

Nasdaq-100 futures head 2.3 % lower in early Thursday tradeU.S. stock-index futures pointed to sharp losses early Thursday as investors processed the Federal Reserve’s economic outlook and its decision to hold benchmark interest rates at superlow levels for at least the next three years.A round of l

Pull-up Update