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Wall Street reverses plan to kick out Chinese telecom companies
Hong Kong (CNN Business)The New York Stock Exchange has reversed its decision to kick out three of China's largest state-owned telecom companies. The exchange said late Monday that it no longer intends to delist the firms after "further consultation with relevant regulatory authorities," and that th
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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,
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EUR/USD: Uptrend to hit a bump in the road amid three concerns
EUR/USD has kicked off 2021 by resuming its gains amid dollar weakness but concerns about covid variants, slow vaccine distribution and Georgia's special elections may bring the pair down, FXStreet’s Analyst Yohay Elam reports. Key quotes “While additional immunization schemes received regulatory ap
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USD/CNH: Outlook remains negative – UOB
FX Strategists at UOB Group noted the outlook for USD/CNH still looks negative in the near-term. Key Quotes 24-hour view: “USD closed little changed at 4.5019 last Thursday (6.5019, -0.07%) but weakened after opening this morning. Downward momentum has improved and the risk is for USD to weaken furt
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China's tweaks to CFETS index basket could drive yuan higher - analysts
SHANGHAI, Jan 4 (Reuters) - China’s decision to cut the weighting of the U.S. dollar in a key currency index basket could push the yuan’s value higher against its peers this year, some analysts said. The China Foreign Exchange Trade System (CFETS), which is managed by the People’s Bank of China (PBO
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GBP/USD fills week-start gap-down towards regaining 1.3700 amid mixed clues
GBP/USD picks up bids following the downside gap to 1.3666. British expats stopped from boarding flights to Spain on post-Brexit documentation issues. UK’s two million covid jabs a week seems less achievable amid supply concerns. UK Manufacturing PMI, Brexit headlines eyed for fresh impulse. GBP/USD
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Gold Price Analysis: XAU/USD jumps to highest since Nov. 9
Gold teases a bullish breakout with a move to near two-month highs. Major resistance is now located above $1,960, according to the daily chart. Gold is trading at $1,915 per ounce at press time. That's the highest level in nearly two months. The daily chart shows the metal is breaking out of a five-
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Bitcoin targets $30,000 in final day of the year
Global markets were subdued on the final trading day of the year. In the United Kingdom, the FTSE 100 index declined by 1.68% while in France, the CAC 40 index fell by more than 0.35%. Similarly, in the United States, futures tied to the Dow Jones, S&P 500, and Nasdaq 100 indices fell by more th
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WTI technical analysis: Futures hover below ceiling; upside risks intact
WTI oil futures appear to be positively skewed but are now consolidating ever so slightly below the 49.00 mark, after recently peaking within a heavy resistance section of 48.80-49.61. The Ichimoku lines are conveying a positive tone, despite a minor easing in the incline of the red Tenkan-sen line.
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TRADER MINGGU INI | @Dudu Captain
Hai teman! Jika Anda ingin meningkatkan strategi perdagangan Anda atau hanya mencari sinyal perdagangan salinan yang tepat, disinilah Anda harus memperhatikan setiap minggu, mulai hari ini! Di sini, kami menyoroti SATU pedagang fantastis setiap minggu berdasarkan kinerja dan peringkat perdagangan me
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Gold Higher on Weaker Dollar, Bitcoin Remains Hot
Is gold’s correction over? Gold’s bearish correction could be over now that prices are poised to have their first monthly gain since July. Gold has made modest gains as the dollar takes another dive, but vaccine progress globally has stymied demand for safe-havens. Despite the recent breakthroughs w
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Midday update for Gold 22-12-2020
Gold price settles below 1875.00 level, which makes us continue with our neutrality suggested in our last technical update, waiting for clearer signal for the next trend, noting that trading above the mentioned level again will reactivate the bullish trend scenario that its next targets located at 1
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USD/JPY stays depressed around mid-103.00s amid uncertainty over US stimulus
USD/JPY extends the previous day’s pullback from 103.84. US Senate Majority Leader Mitch McConnell obstructs $2,000 paycheck, Senate votes on the key stimulus item. Colorado registers the first covid variant case found in the UK, without travel history. Light calendar ahead of the North American ses
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Gold Technical Analysis: The Return of Profit-Taking Sales
The price of an ounce of gold pushed to the $1900 resistance at the beginning of this week's trading, but quickly retreated to the $1869 support before stabilizing around the $1879 level as of this writing. Stock markets got some support in response to the news regarding the massive stimulus in the
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Pull-up Update
