August month employment statistics from the Australian Bureau of Statistics, up for publishing at 01:30 GMT on Thursday, will be the immediate catalyst for the AUD/USD pair traders. The figures become all the more important as traders will be keen to observe how much employment damages Victoria’s lo
Analysts at Nomura offered their response to the US Non-farm payrolls report and its implications on the US dollar.
“The better than forecast NFP result is not a reason to turn to a long US dollar position.
The EUR sell-off result in response to the release was due to a crowded long posit
Web browser Brave is expanding its cryptocurrency features with an integration with cryptocurrency exchange Gemini. Brave users will be able to buy, trade and receive crypto assets directly through Gemini Trading Widget.
The company behind the privacy-oriented browser said users can acce
The narrow trade-weighted USD index edged out a 10-day low at 92.89. EUR-USD correspondingly whittled out a 10-day peak at 1.1869, while Cable traded firmer from Friday's closing level, but remained comfortably shy of Friday's high at 1.3144. USD-JPY ebbed to a six-day low at 106.22. AUD-USD lifted
The narrow trade-weighted USDIndex edged out a 10-day low at 92.92, following its eighth consecutive weekly fall on Friday, before recovering the 93.00 handle. EURUSD correspondingly whittled out a 10-day peak at 1.1869, before moving back to 1.1840. Cable traded firmer from Friday’s closing level b
Both ISM and Markit measure the state of the service economy. Once again there are wide differences between the measures.
ISM and Markit do monthly business surveys that measure the strength of the economy. Both are diffusion indexes where readings above 50 show expansion and below 50 show contract
Open interest and volume in Gold futures markets shrunk by around 11.7K contracts and by nearly 114.5K contracts, respectively, on Thursday, according to preliminary readings from CME Group.
Gold remains focused on the $2,000 level
Thursday’s negative price action in the precious metal was accompani
Photo: Bloomberg, The coat of arms of the Belarus National Bank
Since his disappearance last month, former Wirecard COO Jan Marsalek has arguably been one of the most wanted people in the world. However, on July 18th, 2020, investigative journalism outlet Bellingcat reported that the search may be
The British Columbia Securities Commission has levied a $6.3-million fine against two men and their associated companies for running what it determined was a Ponzi scheme.
The panel’s order has named Richmond resident Todd Norman John Bezzasso as the mastermind behind the scam, having ra
AUDUSD Sideways between 0.6810 to 0.7065 from last Three weeks.
Ahead of RBA is the next key risk event for AUD Pairs.
The trend of AUD/USD pair currently narrow sideways channel Soon expecting to Break out.
The trend of AUD/USD pair movement was controversial as it took place in a narrow sideways
Traders should brace for a volatile week ahead as the world starts its road to recovery. The 17th day of protests continues for the killing of George Floyd, with the United States seeing spikes in Coronavirus cases. In comparison, New Zealand has no Coronavirus cases as is fully removes Coronavirus
Malaysia's industrial production declined sharply in April due to the measures taken to prevent the spread of coronavirus, or Covid-19, pandemic, data from the Department of Statistics showed on Thursday.
Industrial production fell 32.0 percent year-on-year in April, following a 4.9 percent decrease
Australia's S&P/ASX 200 index was down 0.33% in the open.
Wall Street stocks slide and investors think twice ahead of US NFP.
Bulls have not quite made it to the 61.8% Fibo retracement, do they have the legs?
The benchmark S&P/ASX200 fell 0.33 per cent at the open after Wall Street ended it