Europe's passenger car sales logged a double-digit decline in August, data from the European Automobile Manufacturers Association, or ACEA, showed Thursday.
Car registrations decreased 18.9 percent year-on-year, following a 5.7 percent drop in July.
Among 27 member states, only Cyprus reported an an
Expecting price to go higher high then breaking resistance zone 1.19335 then making it a support zone . Then a higher low to retest the support line one time for a new higher high to the next resistance zone 1.20679. H4 Timeframe
AUD/JPY struggles to keep the bounces off 76.59 after stepping back from the monthly high near 76.75.
Market sentiment turns sour as Sino-US tension, coronavirus woes gain momentum ahead of the key Jackson Hole Symposium.
Speech from BOJ’s Suzuki, Aussie Private Capital Expenditure can offer interme
Intra-Day Market Moving News and Views
Update Time: 20 Aug 2020 05:30GMT
USD/JPY - 106.12... The greenback swung wildly in hectic trading yesterday as despite rebounding strongly from Asian low at 105.11 to 105.60 ahead of European open, price retreated to 105.18 ahead of New York open. However, the
NZD/USD eases from one-week high to attack the intraday low.
50-day SMA, area comprising multiple levels since late-June on the sellers’ radar.
The monthly resistance line adds to the upside barriers.
Following its failures to rise past-0.6616, NZD/USD seesaws around 0.6600 during the early Wednesd
S&P 500 Futures consolidate the previous day’s pullback from the highest since February 20.
Receding virus cases from Australia and the US, coupled with vaccine hopes, could be traced for the latest shift in market sentiment.
Traders remain cautious amid uncertainty over the US stimulus, Sino-Am
AUD/USD seesaws between 0.7186 and 0.7200 following its highest levels since February 2019.
Downbeat ADP, employment component of ISM Non-Manufacturing PMI weighed on the US dollar, gold surged to fresh record high of $2,055.69.
Market sentiment cheers hope of further stimulus, virus woes, vaccine n
Overview:- Bulls have become too aggressive after providing the breakout of $1820 level, today in the morning session gold has made a high of $1945 level like a cake walk which is a life time high with a breakout of year 2011, well now sky is the limit.
In our previous report also we mentioned to bu
Something not always looked at in the FX markets is the impact on bonds and yields and how it may influence the overall economy of the nation behind the offered yields. With all of the talk on the European Unions coronavirus recovery plans and the European Central banks Offerings for stimulus, I tho
US initial jobless claims rose by 1.3mn, in line with expectations, while continuing claims declined to 18m from 18.8mn. However, the pace at which jobless claims are falling has slowed and this soured sentiment. The Dow shed 1.4%. Tech stocks however continue to outperform. The Nasdaq hit a new hig
Stocks recover as Boeing test flights lift airl
Pound drops as UK GDP collapses by most in 40 years
Dollar gains ground before Powell & Mnuchin testimony
Last day of the best quarter for stocks in over a decade.
CHART: Alibaba shares rejects record high
Better US economic data and a rebo
Prices slumped a bit to rest at $1758.00 - $1765.00 support region. A strong rebound above this new support line will confirm the bullish continuation. A break on downside will take price to $1735 psychological level.