Author: FX

Calvin B. Taylor Bankshares goes ex-dividend tomorrow Source link

USD/CAD try push higher but crude oil prices are limiting USD upside. Source link

3/3 © Reuters. A view shows the Soyuz MS-23 spacecraft (L) carrying Roscosmos cosmonauts Sergey Prokopyev, Dmitry Petelin and NASA astronaut Frank Rubio, who get prepared to leave the International Space Station and head for a parachute-assisted landing on the steppe of 2/3 ALMATY (Reuters) -U.S. astronaut Frank Rubio, who broke the record for the longest continuous space flight by an American, and two Russian cosmonauts landed in the steppe of Kazakhstan on Wednesday after more than a year on the International Space Station (ISS). Their Soyuz MS-23 capsule undocked from the ISS a minute earlier than scheduled, and took…

Have you ever seen price move against you as soon as you enter a trade? How about price hitting your stop loss levels before bouncing back up or down to your original profit targets? If you have, then congratulations! You’re just like every other trader out there. But what if these things keep happening to you? If you’ve done your homework and followed your trading plan and you STILL lose your trades, can you then say that the market is against you? Can the market really trade against you? Remember that price action is the sum of the decisions of thousands of…

Headlines:Markets:USD leads, AUD lags on the dayEuropean equities mixed; S&P 500 futures up 0.4%US 10-year yields down 3.3 bps to 4.503%Gold down 0.5% to $1,891.72WTI crude up 1.5% to $91.77Bitcoin up 1.4% to $26,524It was a quiet session again but the dollar continues to hold slightly firmer across the board, even with a light retreat in Treasury yields and a slight nudge higher in equities.The greenback remains in the driver’s seat with EUR/USD at its lowest since March, down 0.3% to 1.0535. Meanwhile, USD/JPY is testing waters above 149.00 again as intervention fears are still in the back of traders’…

Share: USD/JPY has broken above the 149 level. Economists at MUFG Bank analyze Yen’s outlook. Opposition to currency weakness remains firm We continue to see a high chance of intervention but only after a break above the 150 level when there is a higher chance of stops fuelling volatility and ‘disorderly’ price action that would provide the justification for the MoF to intervene. The authorities in China have also upped their rhetoric opposing CNY weakness as well. Actions to curtail upside moves in USD/CNY would certainly help Tokyo in its battle to limit JPY weakness.  We see the…

Written by Axel Rudolph, Senior Market Analyst at IG Recommended by IG Get Your Free Equities Forecast FTSE 100 stabilizes after slipThe FTSE 100, having on Monday slipped through its 200-day simple moving average (SMA) at 7,649 on the back of global risk-off sentiment, now stabilizes above this week’s low at 7,581 as the rising oil price props up the index.Resistance remains to be seen along the 200-day simple moving average (SMA) at 7,649 and while below it downside pressure retains the upper hand.A fall through this week’s low at 7,581 would eye the early July high at 7,562 ahead…

AUD/JPY turned lower from a weekly resistance zone and now the pair is heading for a key area of interest. Will AUD/JPY find demand at the level? Here’s what we’re seeing in the 1-hour time frame: AUD/JPY 1-Hour Forex Charts by TV AUD/JPY has turned lower from the 95.75 area not once but TWICE so far this week! The pair is now trading at 95.15, which is a hair’s breadth from the 95.00 psychological handle. Take note that 95.00 is also not too far from an ascending channel and S1 Pivot Point support in the 1-hour chart. Can AUD/JPY still…

Jabil to divest Mobility business to BYD Electronic for $2.2B Source link

, the company behind the XRP cryptocurrency, is expected to make groundbreaking announcements at its New York City event this Wednesday. Among the expected revelations are a Ripple initial public offering (IPO), a settlement with the Securities and Exchange Commission (SEC), and the first U.S. bank adoption of XRP. The announcement of a settlement with the SEC also carries considerable weight, as it could potentially clear legal uncertainties surrounding Ripple. An IPO would further cement Ripple’s position in the financial market, providing an opportunity for investors to directly participate in its growth. Meanwhile, the price of XRP has been fluctuating…