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GOLD: The Road to $10,000 - When and How? #XAU/USD##CrazyGold#

GBP/USD Forecast: Imposition of third lockdown in UK could cap the upside

A combination of factors prompted aggressive selling around GBP/USD on Monday. The imposition of stricter lockdowns in the UK weighed heavily on the British pound. A pullback in US equities benefitted the safe-haven USD and contributed to the slide. The GBP/USD pair witnessed a dramatic turnaround o

GBP/USD: Monthly base looking Correction downside towards support 1.3340$ and 1.3000$

Government has announced National Lockdown. Scotland will have parliamentary elections May 6 and continues to seek a second referendum. Daily base new cases exceeded 57,000 The GBP/USD pair attempted to hit 3 years high Resistance 1.3700, however, The quote failed to consolidate above 1.3700 and ins

S&P 500 Memulai 2021 Di Tertinggi Baru Sepanjang Masa Dekat 3.770

Indeks utama Wall Street memulai minggu baru dengan pijakan yang kokoh.Indeks Energi S&P 500 membukukan kenaikan kuat setelah bel pembukaan. Indeks ekuitas utama di AS dibuka di wilayah positif pada hari perdagangan pertama 2021 tetapi tampaknya kesulitan untuk mengumpulkan momentum bullish lebi

S&P 500, Dow slide from record peaks on Georgia elections, virus surge

NEW YORK (Reuters) -Shares on Wall Street fell sharply from all-time peaks on the first trading day of the year on Monday, as risk appetite ebbed amid upcoming runoff elections in Georgia and the persistent surge in coronavirus cases. The Dow, which touched a record high earlier in the session along

U.S. final manufacturing PMI ends 2020 at six-year high: IHS Markit

(Reuters) - U.S. manufacturing activity picked up at its briskest pace in more than six years in December, extending a recovery in the factory sector that has spurred the strongest pricing environment for goods producers since 2011 as the coronavirus pandemic upends supply chain networks. Still, IHS

Canadian manufacturing activity increases at a record pace in December

TORONTO, Jan 4 (Reuters) - Canadian factory activity expanded at its fastest pace on record in December as new orders and production climbed, while manufacturers grew more optimistic that output would continue to rise in 2021, data showed on Monday. The IHS Markit Canada Manufacturing Purchasing Man

Asian Shares Rise On Recovery Hopes

Asian stocks rose broadly on Monday after regional business surveys showed Asian factory activity expanded moderately in December, thanks to robust demand in regional giant China. Chinese shares rose as the latest survey from Caixin revealed the manufacturing sector in China continued to expand in D

Yen Appreciates As Japanese Govt. Considers Emergency Declaration For Tokyo

The Japanese yen strengthened against its major counterparts during the Asian session on Monday, as Japanese Prime Minister Yoshihide Suga said that the government is examining whether to declare a state of emergency for Tokyo area in the wake of a recent surge in new coronavirus cases. On Saturday,

Analysis: Forex Traders from UAE Keep Investing Large Sums

Photo: Reuters As we approach the end of the year, we take a look at the most recent data related to forex trading. Finance Magnates Intelligence examines the latest November data from cPattern, highlighting key changes in customer trading patterns. Contrary to our October analysis, this time all th

Expecting the georgia senate runoffs to affect USD and the US Indices [Video]

The focus this week will be on the US Senate Run-off in the state of Georgia tomorrow. If the Democrats take both seats, that will give them control over the White House, the House of Representatives and the Senate. This will mean complete control over Coronavirus Stimulus Packages which will be goo

Thailand Manufacturing Sector Picks Up Steam - Markit

The manufacturing sector in Thailand continued to expand in December, and at a faster rate, the latest survey from market Economics revealed on Monday with a manufacturing PMI score of 50.8. That's up from 50.4 in November, and it moves further above the boom-or-bust line of 50 that separates expans

Xapo to Discontinue Service to US Customers in March

Photo: Coindesk Xapo, one of the earliest bitcoin custodians, is ending its service to U.S. customers as of Mar 1, according to a customer email dated Dec 30 obtained by CoinDesk. “Due to a change in our global business strategy, Xapo, Inc. is leaving the U.S. market and will be closing all U.S. cus

European Equities: China Private Sector PMIs and Capitol Hill to Influence

The Majors It was a bearish day for the European majors on Wednesday, with the EuroStoxx600 falling by 0.34% to lead the way down. The CAC40 and DAX30 weren’t far behind, with losses of 0.22% and 0.31% respectively. With the year coming to an end for the DAX30, investors locked in profits going into

Asian shares set to finish 2020 at record high after quiet trading day

HONG KONG (Reuters) -Asian shares edged up on Thursday and were set to end a tumultuous 2020 at record highs, after growing investor hopes for a global economic recovery caused the dollar to fall further against most major currencies. MSCI’s gauge of Asia-Pacific shares excluding Japan rose 0.17% he

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