AUD/USD ＆amp; NZD/USD Sentiment Deteriorates, USD Bulls Return – COT Report AUD and NZD sentiment weakens on softer Chinese economic backdrop
Facebook Backs Underwater Cable Projects to Boost Internet Connectivity The social media giant said it would back two new underwater cable projects—one in Africa and another in Asia in collaboration with Google—that aim to give the companies greater control of the global internet infrastructure that their businesses rely on.
OPEC+ sees no need till release more oil Sources put damper on the US hopes that OPEC+ should release more oil OPEC+ sources are saying that: The comments come despite urges from the US White House which last week encouraged OPEC/Saudi to increase production in order to prevent the slowing of the global economy (due to higher energy prices).
USDCAD moves to a new high Looks to test last week's highs While the dollar is seeing choppy price action vs the EUR, GBP, AUD and NZD, and trends lower vs the JPY and CHF, it is trending higher vs the CAD. Lower oil prices and technical buying may be helping the pair.
Covid Vaccines Produced in Africa Are Being Exported to Europe Johnson & Johnson is sending shots from South Africa to other parts of the world. African countries are waiting for most of the doses they’ve ordered.Aspen Pharmacare’s plant in South Africa receives mass quantities of Johnson & Johnson’s Covid vaccine, which it bottles and packages.
NZD/USD Rate Outlook Hinges on RBNZ amid Speculation for Rate Hike The RBNZ interest rate decision may influence the near-term outlook for NZD/USD as the central bank is expected to lift the official cash rate (OCR) off of the record low.
'New York vaccine mandate could destroy my restaurant' City residents need to be jabbed to use restaurants, gyms and theatres - and businesses are worried.
NASDAQ index cracks below its 200 hour moving average for the first time since July The index last fell below its 200 hour moving average on July 19 Looking at the hourly chart, the price opened near its 100 hour moving average at 14767.30 and moved to the downside from the start.
China's Slowdown: Looking Through Delta and the Flood July data confirmed a sharp slowdown in China’s economy. How much of that is due to the flooding in Henan and the recent Delta variant outbreak?
10 year yield falls below its 200 hour moving average The high yield from last week stalled near the 38.2% retracement of the move down from the April swing high The move to the downside has been helped by weaker Empire manufacturing data, concerns about Covid/lower global growth, as well as a flight to safety after the retaking of Afghanistan by the Taliban over the weekend.
Parcel delivery texts now the most common con-trick Text messages asking for a fee to deliver a package are responsible for most "smishing" fraud.
New York City Mandates Vaccines for Museum Visitors and Staff The mayor and cultural institutions agree to require vaccinations as coronavirus cases rise with the spread of the Delta variant.New York City plans to require visitors to its museums, including the Metropolitan Museum of Art, to be vaccinated.
AUDUSD gets hit and looks at toward the double bottom near 0.73155 Covid, China growth, risk off sentiment hurting the AUDUSD The AUDUSD is getting hit on the back of Covid, China growth, risk off sentiment as US stocks moved to new session lows.
Oil Prices Fall as Traders Fear Chinese Economic Slowdown U.S. crude prices fell to around their lowest levels since late May and about 12% below last month’s multiyear high.
Banks Weigh Alternatives to Libor Replacement as Companies Seek Longer-Term Rates Lenders are looking beyond SOFR to meet corporate borrowers’ needs.
USDCHF moves below and away from 100 day MA Also moves away from 50% midpoint of the August trading range The CHF is one of the strongest of the major currencies today on flight to safety flows, and the USDCHF is part of that strength.
Pfizer CEO to Public: Just Trust Us on the Covid Booster "All of this has sown a sense of confusion about what exactly will work, and when."
As More Children Get Infected by Delta Variant, Parents Open Up to Vaccinations Once-hesitant parents are considering getting their children vaccinated as Covid-19 cases rise and schools reopen, doctors say.
The Race to a Billion: Men Versus Women Who reaches billionaire status sooner, men or women? Our report analyzes the top billionaires in the world to find out.
Aldi to Hire 20,000 U.S. Workers in Holiday-Season Ramp-Up Discount supermarket chain Aldi is hiring cashiers, stockers and associates at its more than 2,100 American stores and 25 warehouses as it prepares for holiday shopping.
US stocks opened lower. Dow leading the way to the downside S&P and Dow closed at record levels on Friday A snapshot of the market currently shows: A look at the forex market shows the JPY and the CHF extending their gains in early New York trading as flows into the safety of those currencies dominates.
GBPUSD trades above and below its 200 hour moving average, but stalls near topside swing area. The sellers making a push again... On Friday, the GBPUSD moved sharply higher after the Michigan sentiment, but did find sellers near its 200 hour moving average and a swing area between 1.3871 and 1.38774.