AUDUSD and NZDUSD break below the 100 hour MA and continue to fall. Dollar buying as yields rise. Both the AUDUSD and the NZDUSD have broken below their 100-hour moving averages and are trending downward. Yields in the United States…
Continue ReadingAmerica's FX news roundup: The dollar cools when the CPI flattens. On August 11, 2021, the following forex news will be available for North American traders: The primary event was the CPI report, which was informative. The data were broadly…
Continue ReadingThe International Energy Agency (IEA) slashed its forecast for global oil demand for the rest of this year due to the spread of the COVID-19 Delta variant. Key points: New COVID-19 restrictions, particularly in Asia, set to reduce oil usage. Recovery in…
Continue ReadingEurostoxx flat Germany DAX flat France CAC 40 +0.1% UK FTSE -0.1% Spain IBEX flat For the most part, this reflects the tone in US futures, with Dow futures and S&P 500 futures both tepid and flat so far…
Continue ReadingCoinbase — After posting solid second-quarter results for the second time as a public business on Tuesday night, the crypto services company's stock rose 5.4% in noon trade. Coinbase reported earnings of $3.45 per share, exceeding Wall Street expectations, and…
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