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(DAILY NOTION): Can XLM/USD Continue Marching Onwards? Next Mover: U.S. Georgia Senate Runoff Elections

Source: Yahoo Finance XLM/USD is experiencing a beautiful ascent in the early days of 2021. Over the past 24 hours alone, it has gained 40% after a big breakout above $0.16. At the time of writing, the price is at $0.2163. Current Relative Strength Index (RSI) is in overbought territory at 80. The w

S&P 500 top movers: FLIR Systems Inc stock rises nearly 20% on Teledyne acquisition

S&P 500 dropped below 3,700 after opening at new all-time high. FLIR Systems Inc (FLIR: NASDAQ) shares are up nearly 20% on Monday. Teledyne Technologies Inc (TDY: NYSE) is posting large losses. The S&P 500 Index (SPX) touched a new record high of 3,770 after the opening bell on Monday but r

GBP/USD to fall from the high skies as sterling faces an early reality check

GBP/USD has flirted with 1.37 as investors continue pushing the pound higher after the EU and the UK reached a Brexit deal on Christmas Eve. That may change as optimism about vaccines could be outweighed by the fast spread of coronavirus, Yohay Elam, an Analyst at FXStreet, reports. Key quotes “Mark

Growth/risk asset rally dichotomy to continue

Happy New Year! 2020 ended with record highs for US stock markets, capping off a solid year for risk assets amid massive and ongoing central bank liquidity injections. In contrast the dollar index (DXY) ended the year languishing around its lowest levels since April 2018. The dichotomy between the s

GBP/USD Daily Forecast – Resistance At 1.3710 In Sight

GBP/USD Video 04.01.21. British Pound Moves Higher Against U.S. Dollar At The Start Of The Week GBP/USD managed to get above the resistance at 1.3665 and made an attempt to settle above 1.3700 while the U.S. dollar remained under pressure against a broad basket of currencies. Know where GBP/USD is h

Malaysia Manufacturing PMI Improves To 49.1 In December - Markit

The manufacturing sector in Malaysia continued to contract in December, albeit at a slower rate, the latest survey from market Economics revealed on Monday with a manufacturing PMI score of 49.1. That's up from 48.4 in November, although it remains beneath the boom-or-bust line of 50 that separates

Bitcoin touches record above $29,000, extending 2020 rally

NEW YORK (Reuters) - The price of Bitcoin topped $29,000 on Thursday for the first time, with the digital currency almost quadrupling in value this year amid heightened interest from investors big and small alike. The world’s most popular cryptocurrency touched $29,300 before pulling back, most rece

Highest Daily COVID Death Toll, New Coronavirus Strain Reported In US

The volume of various COVID metrics in the United States rebounded on Wednesday, reporting the highest number of daily deaths and total hospitalizations ever recorded in the country. On the same day, the first known case of the new Covid-19 variant in the United States has been confirmed. The news t

Gold Technical Analysis: Hitting the $1900 Level

The price of gold received support from the USD's decline and tried to break through the level of psychological resistance at $1900 an ounce, which it reached at the beginning of this week’s trading. The price then retreated to $1871, and before the close of transactions for the year, the price of g

Another 787,000 Americans filed first-time claims for jobless benefits last week

New York (CNN Business)Another 787,000 Americans filed first-time claims for jobless benefits during the Christmas week, factoring in seasonal adjustments, the Labor Department reported Thursday. It marked a decrease from the prior week and was slightly better than economists had predicted. Even so,

Menggunakan Oil Rent Untuk Biayai Transisi Energi Adalah Strategi Efektif – Natixis

Saat ini, pemberi pinjaman (investor, bank) semakin enggan membiayai investasi dalam bahan bakar fosil. Tetapi mereka akan dapat terus membiayai perusahaan-perusahaan minyak yang strateginya adalah menginvestasikan sebagian besar pendapatan minyak mereka dalam transisi energi (dalam energi terbaruka

Exclusive: Mexican finance minister picks holes in central bank cash bill

MEXICO CITY (Reuters) - Mexican Finance Minister Arturo Herrera on Wednesday criticized a controversial bill proposed by the country’s ruling party that would force the central bank to buy foreign cash commercial banks are unable to return to the financial system. Proponents of the legislation, whic

GBP/USD to advance nicely towards the 1.3700 zone

The GBP/USD pair is slowly by steadily advancing towards this year’s high at 1.3624, as speculative interest keeps selling the greenback. The cable is neutral-to-bullish in the near-term and could extend its advance to the 1.3700 area, FXStreet’s Chief Analyst Valeria Bednarik reports. Key quotes “N

Crude oil price rises after a sudden decline of US inventories

The price of crude oil rose in overnight trading as the market reflecting on the latest inventories data from the American Petroleum Institute (API). Crude stocks declined by more than 4.7 million barrels last week. That was a bigger decrease than the median estimate of 2.1 million barrels. In the p

New York Post to Donald Trump: Stop the insanity

New York (CNN Business)President Donald Trump's favorite newspaper has turned against him. The New York Post, in an editorial that got the front-page, giant-font treatment on Monday, told Trump he needs to give up his baseless fight to overturn the presidential election result."Mr. President ... STO

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