The Nasdaq stock index may face a meaningful pullback in the weeks to come as investors eye profit-taking after a historic 41% rally in the three month through June 2020.
Euro Forecast: Outlook for EUR/USD Still Positive But Beware Profit-Taking
Having broken above the 1.15 level, EUR/USD is well placed to challenge the 1.1621 high reached in October 2018. However, a pullback is possible first after the pair’s recent strong gains.
Gold Price Outlook Bullish on FOMC Rate Decision & US Relief Bill
Gold prices may extend their rally if the FOMC rate decision and outlook reinforces the narrative of economic stabilization in tandem with progress on another coronavirus relief bill.
Forexlive Americas FX new wrap: The US dollar decline continues
Forex news for near trading on July 24, 2020
In other markets:
– Spot Gold rose above the $1900 level for the 1st time since September 2011 and move closer to the all-time high price from the same calendar month at $1921. The precious metal is trading at $1901.58 that’s up $14.14 or 0.75%. The high price reached
In other markets:
– Spot Gold rose above the $1900 level for the 1st time since September 2011 and move closer to the all-time high price from the same calendar month at $1921. The precious metal is trading at $1901.58 that’s up $14.14 or 0.75%. The high price reached
Dow and S&P post the 1st negative week in 4 weeks
NASDAQ down for the 2nd week in a row
US major indices are ending the session with declines. For the week each of the major indices are also lower. It was the 1st negative week for the Dow and S&P in 4 weeks. For the NASDAQ is on a 2 week losing streak. The NASDAQ led
US major indices are ending the session with declines. For the week each of the major indices are also lower. It was the 1st negative week for the Dow and S&P in 4 weeks. For the NASDAQ is on a 2 week losing streak. The NASDAQ led
Trump signs four executive orders on drug costs
Speaking live from the White House
CFTC commitments of traders: EUR longs are the largest since April 2018
Weekly FX speculative positioning data from the CFTC
– EUR long 125K vs 111K long last week. Longs increased by 14K
– GBP short 15K vs 14K short last week. Shorts increased by 1K
– EUR long 125K vs 111K long last week. Longs increased by 14K
– GBP short 15K vs 14K short last week. Shorts increased by 1K
Pres. Trump: He „too often“ regrets sending some tweets
Pres. Trump having a „come to Jesus“ moment
and a remorseful comment:
Meanwhile Trump’s campaign manager Stepien comments to reporters:
Click to watch clips of the interview with David Portnoy of the Barstool Sports BLOG. I hope he did not go into his cognitive test results story?
and a remorseful comment:
Meanwhile Trump’s campaign manager Stepien comments to reporters:
Click to watch clips of the interview with David Portnoy of the Barstool Sports BLOG. I hope he did not go into his cognitive test results story?
What is Investing? The main difference between speculating and investing
There is a fine line between investing and speculating, and because both activities are implemented via identical actions, namely buying and selling assets, many would argue there is no difference. After all, investing involves risk, risk implies uncertainty, and uncertainty implies speculation. But there is a telling difference below the surface: one that involves an interpretation of intent…