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The economy is not something that Biden is doing very well on and refers back to the coronavirus pandemic, accusing the presidentof failing to help small American businesses. Trump reminds Biden of a V-shape recovery. Biden said that the country is seeing a K-shaped economic recovery from the pandemic, arguing that the wealthiest Americans are
EUR/USD stays mildly positive above 200-bar SMA. Sustained trading beyond the key SMA favor buyers to confirm the bullish chart pattern. Fresh selling may wait for a clear downside break below 1.1600. EUR/USD eases to 1.1675, up 0.10% on a day, during Tuesday’s Asian session. In doing so, the major currency pair steps back from
Gold’s weekly chart momentum studies have turned bearish. The metal risks falling to key support at $1,836. Gold looks set to extend its recent decline to $1,836 – the 38.2% Fibonacci retracement of March to August rally – as crucial technical indicators have rolled over in favor of the bears. The weekly chart MACD histogram, an indicator used to gauge
KUALA LUMPUR: Ringgit dibuka tidak berubah berbanding dolar AS pagi ini, di celah-celah situasi politik yang tidak menentu dan kelemahan dolar AS, kata seorang penganalisis. Pada pukul 9 pagi, mata wang tempatan kekal pada 4.1660/1710. Ketua Strategi Pasaran Global AxiCorp, Stephen Innes, berkata ringgit bagaimanapun, boleh meningkat pada hari-hari mendatang, dirangsang oleh harga minyak yang
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The investment banking giant Goldman Sachs foresees Washington’s stalemate on additional fiscal stimulus leading to a slower than expected US economic growth in the fourth quarter. Economists have lowered their fourth-quarter gross domestic product forecast to 3% from 6% on a quarter-on-quarter basis after revising its base case to include a lack of additional fiscal stimulus until
KUALA LUMPUR: Ringgit meneruskan penyusutan berbanding dolar AS semasa awal dagangan hari ini dalam keadaan pengukuhan mata wang negara maju itu dan situasi terkini politik tempatan yang samar. Pada 9 pagi, unit tempatan berada pada 4.1660/1750 berbanding 4.1520/1570 ketika ditutup pada Rabu. Ketua Pakar Strategi Pasaran Global, AxiCorp, Stephen Innes berkata keseluruhan pasaran mengalami minat
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GBP/USD charted a Doji candle on Wednesday, neutralizing the immediate bearish outlook. Tuesday’s low is now the level to beat for the bears. GBP/USD created a Doji candle at the confluence of the 200- and 100-day simple moving averages (SMA) on Wednesday. A Doji candle occurs when an asset sees two-way business but ends the
Australian Bureau of Statistics says preliminary Retail Sales fell 4.2% from July to Aug vs the surprise 3.2% prior. However, there has been no reaction in the market as the data is subject to revisions. ABS: A preliminary estimate for Australian retail turnover for August 2020Is based on preliminary data provided by businesses that make-up
