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steflove
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Move-in date 02 Jan 2018 Joined
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birthday 27 Jan Birth

USD/CAD steady as Mfg. PMI rises

The Canadian dollar is slightly higher on the first trading day of the year. Currently, USD/CAD is trading at 1.2748, up 0.11% on the day. Canada Manufacturing PMI climbs The week has started off on a positive note, as Manufacturing PMI rose to 57.9 in December, up from 55.8 beforehand. This marked

GBP/USD: Buyers attack 1.3600 as US dollar weakness battles UK’s virus-led lockdown

GBP/USD trims the previous day’s losses with eyes on April 2018 peak. US dollar drops amid cautious optimism backed by virus vaccine, Georgian runoff hopes. UK announced third lockdown, fears of South African variant of covid also loom. US ISM Manufacturing PMI, UK virus updates and American politic

What Lies Ahead for Crypto and Blockchain in 2021? Experts Answer

Photo: Coin Telegraph (Coin Telegraph) - It would be fair to admit that after 2020 and all it has put us through, making any predictions for the upcoming year is most likely to be a game of blindfold. Meanwhile, I am certain that humanity has much to learn from its past transgressions, and will move

Brazil posts 2020 trade surplus of $51 billion -Economy Ministry

BRASILIA, Jan 4 (Reuters) - Brazil posted a trade deficit of $42 million in December, official data showed on Monday, compared with the consensus forecast in a Reuters poll of economists of a $200 million surplus, bringing the 2020 annual surplus to $51 billion. Exports in December totaled $18.365 b

Eurozone Manufacturing Growth Accelerates In December

Eurozone manufacturing conditions improved to its highest level since May 2018 driven by stronger rises in output and new orders, final data from IHS Markit showed Monday. The manufacturing Purchasing Managers' Index rose to 55.2 in December from 53.8 in November. The reading was below the flash est

Dollar kicks of 2021 on the backfoot, gold shines

The Greenback remains an unloved currency on the first trading day of 2021. Low interest rates and an improving economic outlook following vaccines rollout has led to further short selling in the US Dollar, particularly against the Euro and Chinese Yuan. China's Renminbi strengthened 1% in early Mon

Micron Nears Resistance Ahead of Earnings

Micron Technology Inc. (MU) ended 2020 at a 20-year high above 75, booking an impressive 40% annual return. It’s the first chip manufacturer to report earnings in January, with Q1 2021 results set for release after Thursday’s closing bell. Wall Street analysts now expect the memory giant to book a p

Cotton weekly forecast

This/Next Week Forecast (January 4 – 8, 2021) Uptrend scenario The uptrend may be expected to continue in case the market rises above resistance level 78.50, which will be followed by reaching resistance level 81.00. Downtrend scenario An downtrend will start as soon, as the market drops below suppo

Asia Gold-Demand slows in top hubs as holiday mood dulls activity

* India switches to premium of $2.5/oz vs last week’s $2 discount * China discounts unchanged at $15-$20/oz * Dealers concerned about new coronavirus variant * Spot gold prices set for 1% gain this week BENGALURU/MUMBAI, Dec 31 (Reuters) - Physical gold demand remained largely muted across top Asian

USD/CHF slips below 0.8800 mark for the first time since January 2015

USD/CHF drifts into negative territory for the fourth consecutive session on Thursday. A softer tone around the USD was seen as a key factor exerting pressure on the pair. Better-than-expected US jobless claims data failed to provide any respite to the USD. The USD/CHF pair refreshed multi-year lows

EMERGING MARKETS-No Asia emerging market report on Jan. 1

Dec 31 (Reuters) - There will be no Asia emerging market stocks and currencies report on Friday, Jan. 1, as most markets in the region will be closed for the New Year holiday. Reuters will resume coverage of the report on Monday, Jan. 4. Our Standards: The Thomson Reuters Trust Principles.

NZD/USD consolidates gains to 32-month tops, comfortable above 0.7200 mark

NZD/USD continued scaling higher for the third consecutive session on Thursday. The prevalent risk-on mood undermined the safe-haven USD and benefitted kiwi. Hopes for a global economic recovery, more US fiscal aid boosted risk sentiment. The NZD/USD pair now seems to have entered a consolidation ph

Australia, NZ dlrs storm ahead as markets bet on brighter 2021

SYDNEY, Dec 31 (Reuters) - The Australian and New Zealand dollars rose to fresh highs on Thursday as markets bet a vaccine-fuelled recovery in the global economy next year would boost riskier assets and commodity prices. The Aussie dollar cleared the 77 cent barrier for the first time since April 20
(BLOOMBERG) Vaccine Rollout - Silver Lining for Oil Price. - Dec 31, 2020.#CoronavirusVaccine##OPEC##CrudeOil##oilprice#...
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USD/JPY Forecast: Near December’s low on dollar’s sell-off

USD/JPY Current price: 103.25 Delayed US stimulus talks and coronavirus concerns backed the yen. US Treasury yields consolidated as Wall Street advanced. USD/JPY is at risk of extending its decline on the last day of the year. The USD/JPY pair fell to 102.95, nearing this month’s low at 102.86, as t

Pull-up Update