The U.S dollar closed high on Monday, hitting a six-week high, as currency traders and global investors rushed into the safe-haven currency. This is coming on growing COVID-19 fears and worries over the U.S. Congress’ stimulus impasse drove a heavy sell-off in almost all other assets that include gold, Bitcoin,[…]
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all[…]
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TipRanks Goldman Sachs: These 3 Stocks Are Poised to Surge by at Least 50% Is it time for the bears to break out the champagne glasses? Not so fast, says Goldman Sachs. Volatility has ruled the Street for the last few weeks, leading some to conclude that those with a[…]
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Forex Market is an electrifying place. Once you venture into the Forex world, the adrenaline rush pushes you hard to trade greedily to earn myriad earning opportunities. Talking about trading Spot Gold in Forex markets, Gold trading is not for beginners. We should not ignore that more than approximately 90%[…]
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Forex news for NY trading on September 22, 2020. A summary of other markets shows: Spot gold continued its moved to the downside as the dollar rose. The price is trading down around $10 or -0.53% at $1902.46. The high price reached $1920.05. The low price extended to $1894.72. Spot[…]
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Here is what you need to know on Wednesday, September 23: The dollar was the strongest, appreciating against most major rivals. The shared currency was undermined by fears that the economic recovery could take longer than anticipated, as a second wave of coronavirus hits Australia. EUR/USD fell towards the current[…]
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USD/CHF Challenging Weekly Downtrend – Forex News by FX Leaders Posted Tuesday, September 22, 2020 by Shain Vernier • 2 min read Topside Resistance Near 0.9200 Is Under Fire For The Swissy. The markets are in a state of flux today as the big story continues to be a rally[…]
Read More »Risk-off sentiment strengthened yesterday and that has hurt Bitcoin and boosted the Dollar. BTC/USD: $10k area may still be supportive Yesterday’s signals were not triggered as there was no bullish price action when the support levels identified at $10,620 and $10,414 were first reached. Today’s BTC/USD Signals Risk 0.50% per[…]
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Positive Chinese Retail Data Reported Global Markets Boosted on Positive News GBP Stalls Again on Unemployment Numbers The forex market, and others around the world have been given a strong boost today with the release of positive retail spending numbers from China. The numbers reported show the first increase of[…]
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