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5 Things to Watch in the Economic Calendar Next Week

The economic calendar was relatively calm this week. The only major events in it were the RBA interest rate decision and the Canadian jobs numbers. The US dollar weakened against key currencies while gold price reached the highest level in more than 7 years. Global stocks wavered as US tensions […]

nasdaq 100 futures

Nasdaq 100: Struggle for New Highs Fades As Sentiment Wanes

The Nasdaq 100 continues to tilt between gains and losses on the day. The tech-heavy index started the day on a high, as it attempted to retake yesterday’s all-time highs. However, several news releases which are producing conflicting sentiment have hit the newswires, ensuring the Nasdaq 100 continues to seesaw […]

USDMXN Capped At 100-Day SMA For Now

USDMXN retreat after earlier today rejected for the second time at the 100-day moving average. During July the pair is hovering around the 50 and 100-day moving average after the correction from multi-year highs

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Platinum Price

XAGUSD: Unstoppable silver price rally confronts a major risk

Silver price (XAGUSD) is bouncing back today as traders continue to watch out the rising risks emerging around the world. The metal is up by 0.50% and is trading at $18.76, which is close to yesterday’s high of $19.02. Other metals are also rising, with gold and copper price rising...

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EURGBP

EURGBP Correction Stalled At The 50-Day SMA

EURGBP finds support at the 50-day moving average at least for now as it hit the daily lows at 0.8945 and bounced above the 0.8950 mark. Euro reacted positively on better than expected economic news

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