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 […]
Former US Treasury Secretary – Tariff cuts from the US and China will lower US inflation
Former US Treasury Secretary – Tariff cuts from the US and China will lower US inflation Former Treasury Secretary Jacob Liu told reputed news firm on Tuesday that lifting tariffs on goods during the worst trade war would help reduce US inflation. However, he now tells that “there is no political space for him.” “I […]
Nikkei 225 dip 3% & Asia-Pacific markets slip down on rising fear of new COVID-19 strains
Nikkei 225 dip 3% & Asia-Pacific markets slip down on rising fear of new COVID-19 strains GBP/JPY licks the cut at the 152.70 area after hitting a week-long high before hitting a two-week low of 152.47 ahead of the London opening on Friday. The Cross saw a double attack as it served food to bears […]
Global Market Asian tech stocks rises with dollar gain
Global Market Asian tech stocks rise with dollar gain Asian tech stocks moved higher on Thursday, following US stocks. Although the larger gains were limited by the strength of the US dollar, as investors gambled on a faster rate hike in the US than other major economies. European stocks were expected to rise in early […]
Japanese Prime Minister Kishida worked with the U.S to confirm the release of some oil reserves
Japanese Prime Minister Kishida worked with the U.S to confirm the release of some oil reserves Japanese Prime Minister Kishida Fumio said on Wednesday that the government would release some of its oil reserves at a request from the US in order not to violate Japanese law. “We are working with the United States to […]
Asian Countries Workers Allowed to Work in Singapore Due to Heavy Labor Loss in the State
Asian Countries Workers Allowed to Work in Singapore Due to Heavy Labor Loss in the State Singapore companies have supported the news of the Singaporean government to welcome the reopening of the borders in India and other south Asian countries for workers. These measures will safeguard the construction sector of Singapore that got badly hit […]
Joe Biden’s US Billionaire Tax was Criticized in US
Joe Biden’s US Billionaire Tax was Criticized in the US The new billionaire tax scheme that will help the social services and climate change plan of President Joe Biden was not welcomed by billionaires. People and some democrats gave importance to the original plan of US tax rates that is running currently in the country […]
Taliban’s Economy on Stake, People Dependent on Former Economic Experts
Taliban’s Economy on Stake, People Dependent on Former Economic Experts In the good old days, the country of Taliban used to have 250 members in their parliament that used to make economic decisions for the community and used to have a relation with 40 countries in the world but now it’s only 50 representatives left. […]
EUR/USD is trading close to 1.1600, gathering strength for the next push higher
EUR/USD is trading close to 1.1600, gathering strength for the next push higher The EUR/USD pair traded as high as 1.1593, presently fostering a couple of pips beneath the level. The day-by-day outline shows that the current recuperation could well be viewed as restorative, as the pair stays under a solidly negative 20 SMA, presently […]
EUR/USD is trading above 1.1550, extending the bounce from yearly lows of 1.1524
EUR/USD is trading above 1.1550, extending the bounce from yearly lows of 1.1524 Generally speaking, EUR/USD is moving downwards. The EUR/USD pair exchanges a small bunch of pips over the referenced 2021 low, down for a second successive day. Specialized readings in the day-by-day outline favor another leg lower as the pair grows well underneath […]
EUR/USD remains muted in the early Asian session on Tuesday.
EUR/USD remains muted in the early Asian session on Tuesday The EUR/USD pair right now trades the 1.1560 value zone, holding its characteristically negative position, as it combines close to its 2021 low at 1.1528. The 4-hour chart shows that the cost is drifting around a somewhat negative 20 SMA, while the more drawn-out moving […]
EUR/USD is trading on the front foot above 1.1550 amid a risk-on market
EUR/USD is trading on the front foot above 1.1550 amid a risk-on market According to a specialized perspective, the everyday chart shows that the EUR/USD pair is currently in danger of falling. In the referenced period, the pair exchanges far beneath its moving midpoints as a whole, which keep up with immovably negative inclines. Simultaneously, […]
EUR/USD struggles for a clear direction within a bearish chart pattern.
EUR/USD struggles for a clear direction within a bearish chart pattern In general, EUR/USD is moving downwards. As of late, EUR/USD bounced off the resistance zone of 1.16300. The danger is slanted to the disadvantage, as per the day-by-day chart, as specialized pointers have continued their decays after revising outrageous oversold readings. Simultaneously, the pair […]
EUR/USD is closing in on 1.1600, unable to hold on at higher levels
EUR/USD is closing in on 1.1600, unable to hold on at higher levels The EUR/USD pair is up for a second continuous day, yet the development appears to be a simple adjustment. The pair has slowed down its recuperation of a small bunch of pips underneath the 23.6% retracement of its most recent everyday droop […]
EUR/USD seems to be consolidating the recent downside below 1.1600
EUR/USD seems to be consolidating the recent downside below 1.1600 The EUR/USD pair completed the day with sharp losses, dying to a fifth continuous day. The everyday chart shows that specialized markers keep up with their sharp negative slant, notwithstanding they are at present creating inside oversold levels. The 20 SMA has sped up its […]
EUR/USD is flirting with 1.1600, attempting a warm bounce from the yearly low
EUR/USD is flirting with 1.1600, attempting a warm bounce from the yearly low The EUR/USD pair is down for a fourth continuous day, without any indications of surrendering. In the close to term, and as per the 4-hour outline, the negative potential is as yet solid, as specialized pointers head immovably lower inside regrettable levels, […]
EUR/USD bears have been in control on Tuesday and taking on critical support structures
EUR/USD bears have been in control on Tuesday and taking on critical support structures The EUR/USD pair trades around 1.1700, down for a second back-to-back day. The day-by-day chart shows that the danger stays slanted to the disadvantage, as the pair continues to create far under a negative 20 SMA, which meets with the half […]
EUR/USD is hovering above 1.1700, better bid amid the dollar weakness
EUR/USD is hovering above 1.1700, better bid amid the dollar weakness In general, EUR/USD is moving downwards. As of late, EUR/USD ricocheted up from the vital degree of 1.17. The German IFO Business Climate information delivered last Friday slipped amid continuous production network issues. The European Central Bank President Lagarde will affirm before the Committee […]