China Evergrande reports progress on resuming home delivery
China Evergrande reports progress on resuming home delivery China Evergrande Group on Sunday said it was making progress on resuming construction early, with its chairman pledging to deliver 39,000 apartments by December, down from less than 10,000 units in the previous three months. Evergrande is the most indebted property developer in the world, with more […]
Stock and oil prices fall as Omicron threatens growth
Stock and oil prices fall as Omicron threatens growth Asian stocks fell to a one-year low on Monday and oil prices fell nearly 3% as an increase in Omicron COVID19 cases caused tighter restrictions in Europe and threatened to flood the economy. Beijing eased the mood somewhat by cutting its one-year lending rate during […]
WTI integrated Fed and EIA stocked over US $ 71.00 recovery in mixed sentiment
WTI integrated Fed and EIA stocked over US $ 71.00 recovery in mixed sentiment WTI flattened its biggest daily rise of the week at the beginning of Thursday, dropping 0.07% to $ 71.30 that day. The recent fall in black gold may be related to cautious market sentiment and various concerns prior to major central […]
AUD/USD struggles despite firmer sentiment and bullish iron ore prices
AUD/USD struggles despite firmer sentiment and bullish iron ore prices AUD/USD eased on Friday and recovered to 0.7170 ahead of the European session on Monday. The Australian pair initially welcomed market optimism and news of stimulus from Australia and China to reduce daily losses. Nonetheless, market fears over major events to be announced this […]
European stocks move higher ahead of central bank meetings
European stocks move higher ahead of central bank meetings European stocks are expected to open higher on Monday as investors brace for stimulus cuts and rate hikes. About 20 central banks are expected to hold monetary policy meetings this week, including the Fed, the European Central Bank and the Bank of England. The Federal Reserve’s […]
Uncertainty Affects Financial Markets
Uncertainty Affects Financial Markets The dollar found some strength during London trading hours, but ended the day lower against most major rivals. The greenback fell despite most European and US indexes closing in the red, and while government bond yields rose to fresh weekly highs. Some profit-taking and the idea that the Fed could ramp […]
Apple wins delay in Monopoly case, allowing App Store rules to remain in place for now
Apple wins delay in Monopoly case, allowing App Store rules to remain in place for now As part of an antitrust dispute between a technology company and Epic Games Inc, Apple Inc. won a grace from the US Court of Appeals on Wednesday by making changes to the App Store ordered by a federal judge. […]
Post-sell stock futures rally triggered by Omicron for the first time in the US
Post-sell stock futures rally triggered by Omicron for the first time in the US U.S. stock index futures moved slightly higher in trading Wednesday night after the CDC confirmed the first known case of an Omicron variant in the United States, lowering the stock price. 4,444 contracts, which are tied with the Dow Jones Industrial […]
USD/JPY is recovering from a nearly two-month low and is climbing above the 113.00s mid-point
USD/JPY is recovering from a nearly two-month low and is climbing above the 113.00s mid-point USD/JPY maintained its footing in pre-European trading and last traded near its daily high at 113.60. After overnight volatile price movements, the USD/JPY pair gained some positive dynamics on Wednesday and found support from several factors. Global risk sentiment has […]
Haven currency falls on omicron concerns
Haven currency falls on omicron concerns As Asian traders eased concerns about the Omicron variant, risky currencies against the dollar on Wednesday rebounded from recent lows, and safe havens like the yen fell against the dollar. The Chinese yuan, an indicator of turbulent daily resilience, reached a six-month high of $ 6.3596 in the afterglow […]
How to Cope with Your First Failure on the Market?
How to Cope with Your First Failure on the Market? If you’ve endured your first misfortune exchanging, you might want to surrender. However, recollect, this is a defining moment for yourself as well as your exchanging venture. Stop now, and you won’t ever feel the surge of triumph! So here are a few hints on […]
Stop-loss: the lifeline of every trader
Stop-loss: the lifeline of every trader Stop-loss (SL) is one of the main ideas in the Forex market. Each broker has the chance to profit from this exchanging apparatus. It’s viewed as the last boondocks that can shield a broker from misfortunes. Stop-misfortune is a forthcoming request set by the merchant. It’s a merchant’s guidance […]
Xtreamforex Fundamental Market Update 8 September 2021
Xtreamforex Fundamental Market Update EUR/USD The EUR/USD pair edged lower for a second back-to-back day, finishing Tuesday in the 1.1840 value zone. The dollar built up speed as the day passed by, among financial backers moving away from high-yielding resources. Values were down in Europe and the US, albeit the NASDAQ Composite figured out how […]
Xtreamforex Fundamental Analysis
Xtreamforex Fundamental Analysis EUR/USD EUR/USD bounce back to 1.1871 during a sluggish Asian meeting on Tuesday. The significant money pair solidifies the earlier day’s losses inside a bullish development, specifically a climbing pattern channel since August 20. Bulls can focus on early June’s low on the fruitful break of twofold tops. It was a peaceful […]
TECHNICAL OVERVIEW
TECHNICAL OVERVIEW EUR/USD EUR/USD recently broke the level of 1.22. trending upwards. The currency pair is moving towards the support zone of 1.21500 and the next resistance zone is at 1.23200. Look for buying opportunities for the pair if it bounces up the support zone of 1.21500. the previous day, mainly on US Dollar, rebound […]
Quick Perspective for the Day
Quick Perspective for the Day The main highlight will be the Central Bank watch Global yields have dropped along with commodity prices, restraining the trio of Australian, Canadian, and New Zealand Dollars At most a hawkish tone concerning the housing market, the May RBNZ meeting is unlikely to produce any meaningful changes. There is […]
Market update for today
Market update for today EUR/USD The market opening gave a slow start for EURUSD to open below 1.2200, speaking the trend for today. further rise is expected with the 1.2050 support intact. watching the sluggish upside movement, a break of 1.2244 will resume the rise from 1.1703 to retest 1.2348 high. In corresponding scenario, […]
Market analysis for 25th May 2021
Market analysis for 25th May 2021 EUR/USD A bullish trend for the EURUSD pair is expected with an optimal forecast of 1.2279 and with daily volatility of 0.47%. The successive gains in the pair are credited to the downbeat performance of the US dollar. The higher point for the pair was $1.2215 yesterday, giving […]