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Forex
nears 204.00 as uptrend stalls amid intervention threats
The GBP/JPY prolongs its gains on Thursday up a modest 0.22%, distancing from the 20-day Simple Moving Average (SMA) at 202.48, seen as the first support area for the cross-pair.…
EUR/USD hits two-week high above 1.1650, stalls below key resistance
EUR/USD advances past the 1.1600 figure on Thursday, hitting a two-week high of 1.1656, yet is unable to decisively crack the 50-day Simple Moving Average (SMA) key resistance at…
Need to proceed with caution now
Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem spoke about the US economy and monetary policy at the Economic Impact & Policy Forum hosted by the University…
Dow Jones tumbles 560 points as equity backslide gathers steam
The Dow Jones Industrial Average (DJIA) took a sharp step back on Thursday, declining around 600 points at its lowest and falling away from record highs posted during the midweek…
Softbank group (SFTBY) breaks uptrend, gap fill levels now in focus
Softbank Group Corp (SFTBY), the Japanese multinational conglomerate known for its massive tech investment portfolio through the Vision Fund, has officially broken its multi-month…
Stalls below 50-day SMA as buyers struggle to extend gains
The Australian Dollar (AUD) eases slightly against the US Dollar (USD) on Thursday, reversing most of the early advance after briefly climbing to a two-week high on the back of…
Silver retreats as US shutdown resolution dampens safe-haven appeal
Silver (XAG/USD) declines on Thursday, ending a four-day winning streak. The grey metal trades around $53.00 at the time of writing, down 0.35% on the day, after marking an…
JPY is flat against USD – Scotiabank
The Japanese Yen (JPY) is trading flat against the US Dollar (USD) and underperforming all of the G10 currencies in an environment of sentiment-driven USD weakness, Scotiabank's…
EUR/USD maintains its bid tone intact despite downbeat Eurozone data
EUR/USD retreated from two-week highs right above 1.1630 but remains positive on daily charts, trading at 1.1615 at the time of writing. A positive risk mood, following the…
Bitcoin, Quant & Crypto – European Wrap 13 November
Bitcoin (BTC) price is trading sideways around $102,800 at the time of writing on Thursday, reflecting persistent market indecision after encountering resistance earlier this week.…