Moses
USDJPY- BUY strategy
The pair has moved much lower than I felt was possible. However, stop-loss was saved, and now am shifting the stop-loss below 133.67 for now to give more room in case. I will add @ 134.17 to the position, and overall still a very reasonable leverage is used. New positions BUY current @ 134.45 and ag
Euro Firmer on Data, Aussie Cautious ahead of RBA
Dollar and Yen remain generally weak today with main focuses on coronavirus infections news. It’s still unsure if US President Donald Trump could be discharged form hospital today, but news regarding his coronavirus is so far positive. European Commission President Ursula von der Leyen had been test
Silver Price Analysis: XAG/USD prints rising wedge on hourly chart above $27.00
Silver prices stay sluggish after stepping back from $27.62.
The bearish chart pattern joins downbeat MACD signals to keep sellers hopeful.
200-hour EMA adds to the downside support around $27.00.
Silver treads water around $27.10 ahead of Wednesday’s Tokyo open. In doing so, the white metal seller
Silver Price Analysis: XAG/USD bounces off 200-bar SMA towards regaining $27.00
Silver prices attempt recovery from $26.69 following pullback from $27.49.
200-bar SMA offers intermediate halt inside one-month-old symmetrical triangle.
Normal RSI conditions suggest extension of sideways moves.
Silver picks up bids near $26.91 during the pre-Tokyo open Asian trading on Friday. T
Japan GDP Shrinks More Than Estimated In Q2
Japan's economy contracted more than initially estimated in the second quarter, largely due to a sharp downward revision in capital investment, second estimates from the Cabinet Office showed Tuesday.
Due to the restrictions imposed to contain the coronavirus spread, gross domestic product shrank
Dollar to End Week as Strongest, Subject to NFP Reactions
Asian markets are generally in red following the steep corrective selloff in the US overnight. The forex markets are relatively steady though, with Dollar and Yen trading with a firm tone. Australian and New Zealand Dollars are the weakest ones, followed by Sterling. Over the week, Dollar is set to
Nvidia earnings on Wednesday. What to expect?
Stock is down before the earnings release on Wednesday
Nvidia will release their 2nd quarter earnings after the close on Wednesday. The chipmaker is expected to see earnings rise to $1.97 from last year's $1.24 on revenues of $3.7 billion vs. $2.6 billion a year ago. The adjusted gross margins are
Trump says he postponed talks with China, does not want to speak with China now
Trump doing his whiny toddler thing
Referring to the trade talks that were scheduled from August 15 but that were postponed.
These were meant to review progress on phase one implementation.
More from Trump. Asked if he will pull out of the trade deal with China says "We'll see"
Trump's remark
BUX Reaches 100,000 Users in Germany, Driven by COVID-19
Photo: BUX Zero
After only a couple of months since BUX launched its zero-commission investing app in Germany, the company revealed that it has now reached 100 thousand clients from the country, after experiencing a surge in new users.
As Finance Magnates reported, BUX launched its app BUX Zero in
US dollar: Sell-off to extend amid low yields, ample liquidity – Standard Chartered
In the view of the analysts at Standard Chartered, the US dollar risks further fall despite Wednesday's less dovish FOMC monetary policy statement.
Key quotes
“FOMC policy statement Wednesday "hawkish relative to expectations".
The market expected the Fed to provide more forward guidance, more info
The feel of markets before the Fed meeting
It was the day before FOMC meeting and the markets are erring on the cautious side, with funds massaging exposures, amid a backdrop of a sub-expectations US consumer confidence print and likely frustrating fiscal negotiations in the wake of learning the GOPs’ fiscal plan. Other than major difference
Currencies trading mixed ahead of FOMC decision
US Durable goods data yesterday beat expectations, coming in at 7.3% against expectations of 6.9%. The US Dollar has continued to weaken on account of lower real rates, especially against majors.
USDINR pair is likely to trade in 74.50-74.90 range. Yesterday too the nationalized banks bought into t
Pull-up Update