AUD to GBP rebound today after mixed unemployment data from the UK. June ILO unemployment rate improved to 3.9% beating analyst's expectations of 4.2%.
Job Title:
Forex Analyst
Home Location:
London, United Kingdom
Education:
Finance at Golden Gate University
Expertise:
Technical Analysis · forex · Stocks · Crypto · Writing
Knows About:
Technical Analysis · forex · Stocks · Crypto · Writing
Summary:
Technical analyst of forex, stock market indices and commoditiesTechnical analyst of forex, stock market indices and commodities
PositionForex Analyst
JoinedOct 07, 2021, 13:51 BST
Articles832
Nikolas Papas is a technical analyst of forex, stock market indices and commodities. His skills include technical analysis, forex, stocks, crypto and financial writing.
The correction in gold price accelerates today as the precious metal breaks below the 1,990 mark. No surprise here as the rally went to fast and to far making consecutive record highs on risk-on
FTSE 100 jumped over 1% at the opening after the unemployment rate came lower than expected. Positive sentiment around equities boosted stocks in Asia and continues into the European session
Nikkei 225 finished to the highest level in two weeks following one more strong session in Wall Street as S&P 500 index approaches all-time highs. President Trump helped sentiment after signing the extension of the unemployment benefits
Kodak share price plunges on Monday after a U.S. government agency announced it would halt a $765 million loan to the company for the production of pharmaceutical ingredients in the country
USDMXN jumps to daily highs after better than expected new JOLTS jobs openings. The United States JOLTS Job Openings registered in at 5.889M, beating the expectations of 4.91M in June
Dow Jones futures trade slightly higher extending the previous week 3% gains for Dow Jones. President Trump signed a new relief package replacing the 600 per week unemployment benefit with a $300 per week
Ripple price rebounds sharply today as the correction from recent highs stalled around 0.28 mark. Ripple price leads the way today in cryptocurrencies market,
EURGBP continues lower for the third consecutive trading session as the positive momentum builds around British Pound after the BOE decision and statement the previous week.
ASX 200 index started the week on positive foot mostly boosted by a rally in the banking sector. For one more day better than expected economic data from China
FTSE 100 started the week higher mirroring Wall Street Friday’s session. Stronger than expected employment data on Friday from the USA
USDSEK trades higher for the second straight day something that we haven’t seen since June 19. Greenback gets the bids today after better than expected NFP data.