Dollar Moves Higher, Trade And Data In Focus

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Sign-up Bonus!

  • Binomo
    Binomo

    Trustful Broker!

Dollar Moves Higher, Trade And Data In Focus

Gold prices moved higher on Friday, as sentiment on the greenback remained vulnerable ahead of highly-anticipated data on U.S. inflation due later in the day.

Comex gold futures were up $2.55 or about 0.20% at $1,299.05 a troy ounce by 03:15 a.m. ET (07:15 GMT), just off a two-and-a-half week high of $1,300.73 hit overnight.

The greenback was boosted after the U.S. Department of Labor reported on Thursday that initial jobless claims fell more than expected to 243,000 last week.

A separate report showed that producer prices increased 0.4% in September, in line with expectations. Core producer prices, which exclude food and energy also rose 0.4%, beating expectations for a 0.2% uptick.

The data came a day after the minutes of the Federal Reserve’s September policy meeting showed that policymakers remain divided on inflation.

Several policymakers believe additional tightening will depend on upcoming inflation data. However, most Fed members said they feel another rate increase this year “was likely to be warranted,” the report showed.

Dollar loses steam on trade deal hopes; U.S. jobs data in focus | Eurasia Diary – ednews.net

You are using an outdated browser. Please upgrade your browser to improve your experience.

News line

08.04.2020

Trump threatens to withhold U.S. funding to WHO

Russian Su-57 and its ‘assistant’ will not leave a chance to US, – China

Team of specialists from Russian armed forces arrives in Armenia to assist in struggle against COVID 19

Azerbaijan to construct six modular hospitals to fight COVID-19

PKK roadside bomb kills 5 civilians in SE Turkey’s Diyarbakır

China lifts 76-day lockdown on Wuhan as city

UK PM Johnson stable after second night in intensive care battling COVID-19

COVID-19 deaths in Europe continue to rise as France’s top 10,000

Increase spending on managing COVID-19 pandemic and decarbonize to tackle climate emergency – urges UN regional arm

Twitter CEO sets aside $1 billion to support relief effort for coronavirus

Iran’s Envoy urges lifting US sanctions to fight COVID-19

Global recoveries from COVID-19 surpass 300,000

A blast at the Turkey’s largest arms factory, three people injured

Medvedev says Russia-US relations experience “overload” instead of “reset”

Egypt to ban Ramadan gatherings to counter coronavirus

Asia-Pacific response to COVID-19 and climate emergency must build a resilient and sustainable future

Saudi Arabia to host virtual G20 meeting of energy ministers on Friday

The pandemic strengthens the will to fight together

07.04.2020

Former Fifa executives accused of bribes over World Cup bidding

Azerbaijan coronavirus cases reach 717, deaths 8, while 44 recovered

Iran hopefully to reach key stage of battling COVID-19 by May 20

Can we use a homemade face masks? – Medical experts explain…

Roscosmos reacts Trump’s decrees on exploitation of moon and other celestial bodies

Iran ready to cooperate with Turkey on fight against COVID-19 outbreak – Zarif

Coronavirus cases reach to 62,589 in Iran

Global deaths from coronavirus pass 75,000 mark

All border-crossing points between Georgia and Azerbaijan closed

“If we wait pandemic to appear, it will be late to prepare – George Bush warned of next Pandemic – VIDEO

Beijing resumes operations in South China Sea as US Navy struggles to cope with coronavirus

Turkey ‘neutralizes’ 9 YPG/PKK terrorists in N Syria

Coronavirus cases in Russia rise by 1,154 over past day

World Health Day this year comes at a very difficult time for all of us – VIDEO

Meetings of Azerbaijani Parliament to be held through video-conference system

‘I hope government hasn’t made devastating mistake’ – Armenian PM on government’s reaction to Covid-19

New group of Azerbaijani peacekeepers begins its activity in South Sudan

International community rejects election in Nagorno-Karabakh region

Seven new cases of coronavirus reported in Georgia, total number of cases stands at 195

Heydar Aliyev Center expresses support to Germany amid COVID-19 pandemic

An artillery attack on a second US military convoy in Syria

G20 energy ministers to hold video conference on Friday

How Tashkent lives in under quarantine? – Special reportage – VIDEO

Taliban break off talks with Afghan government on prisoner exchange

Macron calls on Iran to respect nuclear obligations

Boris Johnson moved to intensive care as symptoms worsen

Japan to declare state of emergency over Covid-19

China reports zero death from Covid-19 first time since January

Coronavirus is biggest test for EU since its foundation – Merkel

Su-57 and MiG-31K will be seen in Moscow V-Day parade

Prof. Muhammad Yunus – “COVID-19 made us to learn from our mistakes”

06.04.2020

ADA University continues to educate students online

Pakistan condemns Indian acts to change IOK’s demography

Wildfire near Chernobyl releases spike in radiation

A tiger at the Bronx Zoo tests positive for coronavirus

Azerbaijan coronavirus cases hit 641, recovered 44, deaths 7

Coronavirus Vaccine Will Work Well In Africa – Bill Gates

Trump hails Queen as great and wonderful woman

Israel’s coronavirus cases climb to 8,611

Russia and Saudi ‘very close’ to oil deal – Moscow envoy

Russia is ready to cooperate with foreign nations to stabilize energy market

U.S. could impose tariffs on oil imports – Trump

Iran Says World Misled by China’s Inaccurate Coronavirus Reports

Azerbaijani President inaugurates medical face masks manufacturing enterprise

A Haftar’s forces military aircraft was shot down by Turkish-made drone

Iran says US moves in Iraq is endangering regional peace amid rocket attack in oil companies

World votes in favour of masks as virus fight deepens

Oil companies in Iraq’s Basra were hit by rockets amid delay of Russia-Saudi meeting

Coronavirus cases reach 188 in Georgia, 36 patients recovered

13 people poisoned from methyl alcohol in Azerbaijan, 8 of which died

Merkel plans not to run for 5th term as chancellor haven’t changed

US scans Russian S-400s in Crimea and Syria trying to break Russian airspace

Palestinian movement urges Israel to lift Gaza blockade

UN chief calls to stop gender based violence against women – VIDEO

‘We want to overcome such condemnations’ – Success story of Azerbaijani girl

Turkish Defence Ministry to minimize troop movements in Syria amid COVID-19 Pandemic

Latest on the coronavirus: Global cases near 1.3 million

France wants to see Africa first place to be tested for COVID-19 vaccine

Coronavirus cases in Germany surpass 100,000

Saudi-led coalition conducted more than 20 air strikes on targets in Yemen

UK PM Boris Johnson admitted to hospital for tests

Russian frigates prepares to intercept the US Navy strike group near Syria

Turkey records 73 new deaths from COVID-19, tally hits 574

Prof. Muhammad Yunus announced the postponement of Super HappYYness Festival due to the pandemic

05.04.2020

EU budget must be geared for coronavirus recovery – Von der Leyen

New deal of OPEC+ to increase oil price, to be beneficial for Azerbaijan

Moscow faces highest risk over coronavirus among Russian regions

Pakistan warns UN against human crisis developing in Afghan refugee camps due to COVID-19

US to deploy 1,000 military personnel to New York City to battle coronavirus – Trump

Turkey ‘neutralizes’ 7 YPG/PKK terrorists in N Syria

Iran urgently deployed dozens of missile systems on the coast of Strait of Hormuz

International Day for Mine Awareness and Assistance in Mine Action – PHOTOS

Economic activities resume in Iran from April 11 – Rouhani

Hamas highlights solidarity with Iranians in fight against COVID19

COVID-19 cases surpass 1.2 M globally

Global cooperation can help minimize coronavirus death toll – Russian Foreign Ministry

New anti-aircraft regiment covers the Northern Sea Route and the Russian Arctic

Turkey producing 1M face masks every week amid coronavirus

Armenia violates ceasefire with Azerbaijan 22 times

France has ordered more than 2 billion masks from China – Minister

UN calls for cease-fire in Libya on anniversary of armed conflict

04.04.2020

US and its allies characterize Chinese and Russian aid as a political ploy to garner influence – US expert-Exclusive

The most read news

Interviews

Dollar loses steam on trade deal hopes; U.S. jobs data in focus

The dollar fell on Friday before U.S. jobs data as U.S. President Donald Trump resumed efforts to resolve a damaging trade war with China.

The greenback sank to a seven-day low after Bloomberg reported that Trump was seeking a trade agreement with Chinese President Xi Jinping before a meeting in Argentina at the end of November.

A trade dispute between the world’s two largest economies has cast a pall over the global economy and boosted safe-haven demand for the greenback this year.

But currencies hurt by recent dollar buying including the euro, the Norwegian and Swedish crowns and Australian and New Zealand dollars all climbed higher.

Analysts said the start of November had seen a flood of end-of-month buying of dollars cease and a more positive mood for risk-taking pervade markets after a brutal month for stocks.

“Either Trump is paving the way for a trade deal later this month or he’s cynically driving up equity indices ahead of U.S. mid-term elections,” he added.

The dollar index .DXY, which measures the greenback’s value versus six peers, fell 0.3 percent to 95.989 after dropping nearly 0.9 percent overnight.

The Australian dollar AUD=D3, which is sensitive to Chinese economic developments, rose 0.6 percent to $0.7259.

The Aussie had jumped 1.8 percent on Thursday on increasing confidence U.S.-China ties were improving.

Both the euro EUR=EBS and the British pound GBP=D3 rose 0.3 percent against the dollar.

The pound jumped on Thursday after the Bank of England kept interest rates steady and hinted at slightly faster future rate rises if Brexit goes smoothly.

Market participants were awaiting the U.S. jobs report due at 1230 GMT for clues on the pace of further interest rate rises in the United States.

“The relatively cheap dollar, might attract buyers if the overall jobs report is robust,” said David Madden, a strategist at CMC Markets.

U.S. payroll figures are expected to have risen 190,000 in October, from a 134,000 increase in the previous month.

With investor risk sentiment improving, emerging market currencies made gains versus the dollar.

China’s yuan rose about 0.8 percent to a one-month high of 6.8524 in offshore trade CNH=D4.

Worries about Chinese economic growth and the trade row had pushed the offshore yuan to a 22-month trough of 6.9800 midweek.

Despite the dollar’s slide, some analysts were cautious about further falls given the headwinds for the global economy.

“With the combination of ongoing overhang of trade wars, the tightening Fed and the U.S. economy outperforming its G10 peers, we don’t expect such across-the-board EM FX rallies vs USD to be long-lasting,” ING analysts said in a note to clients.

Report a mistake by marking it and pressing Ctrl+Enter

EurasiaDiary © Must be hyperlinked when used.

Follow us:
Twitter: @Eurasia_Eng
Facebook: EurasiaEng

Dollar Moves Higher, Trade And Data In Focus

Follow XAUUSD Following XAUUSD Unfollow XAUUSD

XAUUSD Chart

Ideas

Please support this idea with LIKE if you find it useful. Price formed a Descending Broadening Wedge. If we have the decline continues we can initiate a long position, but only if there is a confirmed retracement of the Ichi Cloud. Also we can initiate a long position if there is breakout of the pattern. Thank you for reading this idea! Hope it’s been useful to.

Hello my friend�� My idea about XAUUSD! The price has broken through the resistance level and is now moving between two lines: resistance and support. I expect growth to the level of ≈1695

Gold has reached our goal – the resistance line. Now I expect a fall to the support line.

Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.

Friends, please support my free works by clicking LIKE button. Reasons: – Price getting close to Support Level – Price in Uptrend – Support level 1640 $ – I think price may continue to grow from Support Level – To open position only after setup which you personally trade – Always do your own research before opening positions and always put SL If you have your.

I mentioned this scenario in my weekend analysis and yesterday, XAUUSD finally broke out of the Bullish Flag. There’s a high chance that the bullish trend may continue till 1700. So, sellers need to be careful here and wait for a confirmation before selling. Buyers probably should avoid buying now as it will be akin to chasing the price. The risk/reward ratio.

Hello traders, I made a bold call several times initially a few weeks ago, and continuing a few days ago, however, it is becoming increasingly likely that my call may indeed pan-out. Gold always follows 10-12 week cycles with bottoms lasting in the final 3 weeks. This cycle likely threw all the bulls off because it has been exceptionally skewed, elongated and.

Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1641.00). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . XAUUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. .

Double Bottom and Larger flag is more confirmation for the upside. ThankYou

XAUUSD (Update) In 8hr Chart, Gold Has been forming Rising Wedge Pattern & Heading towards the Major Resistance Area (1685-1690) If It’s Failed to Clear the Major Resistance then Expecting Wedge Breakout towards the 1560-1570 Area. If Bulls Cleared the Resistance then Wedge Pattern Will be Invalid & It Might PUMP Hard towards the 1800 Area. Please like the.

We’re expecting gold to correct last resistance that it broke up recently. Let’s see if we can capitalize the move. Like and comment if you find value in our analysis. Good luck NOTES: – All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol. – We never trade just because the price reaches the.

Hi, today we are going to talk about gold and its current landscape. We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above. Want to know more about our trades and ideas? Join the Traders Heaven today. Thank you for.

Gold has completed a very deep correction(triple 3) . expecting a fall to 1450 region. Note , the invalidation level for this setup is 1700 psychological number Will keep you updated Write in the comments all your questions and any instruments you want me to analyze . Kindly push the like button if you think the idea is useful – that would be the best THANK.

Gold is trading on an Inverse Head and Shoulders pattern with the Right Shoulder repeating the Left Shoulder sequence. On the 4H chart it is clearer (RSI = 63.637, MACD = 12.780, ADX = 53.651) as the MACD is repeating the crosses on the exact same spots. On the MA50 (blue line), which last week supported the current uptrend, breaks then we are expecting a drop.

Hello, welcome on Gold price update. Hope you going great! Now gold have chances to go up to $1680, which is strong resistance. SL below $1640. Please don’t follow any analyst blindly. If you following somebody with good Risk/Reward and Win Ratio. Without risk management and allowing yourself to lose some trades, you won’t be good trader/investor. Always use.

Traders, As expected and predicted Gold has come to 78.6 fib level. Now a lot of traders will take that as a breakout. However this can very well be a Bull Trap. So In this analysis update I talk about all possibilities and my trading plan. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders.

��HELLO, FRIENDS�� ��I’m glad to see you on my page!�� GOLD IS IN EXCELLENT MOVE NOW.�� ����������������MORE IDEAS ON GOLD, YOU WILL BE ABLE TO FIND.

Before the Bell

MarketWatch

TUESDAY MORNING’S TOP STORIES

  • Email icon
  • Facebook icon
  • Twitter icon
  • Linkedin icon
  • Flipboard icon
    Print icon Resize icon
Premarket news

Wall Street is pointing lower on Tuesday as investors sort through earnings reports from the likes of Ford, Pfizer, Eli Lilly and U.S. Steel; Amazon reports after the close. Yahoo reported late Monday and beat expectations; VMware disappointed. The dollar’s steady as oil pushes mildly higher. And there’s a new movie out about Steve Jobs, co-founder of Apple, starring Ashton Kutcher.

Indications: Stock futures fall; Ford up, confidence data ahead

U.S. stock-market futures push lower, while shares of Ford are on the decline after the auto maker’s fourth-quarter results. Data due later Tuesday are expected to show some strength in the housing market but a sharp drop in consumer confidence.
Indications

Europe Markets: Major banks drag Europe stocks lower

European stocks nudge lower in choppy trading, with banks pacing the pullback, as encouraging German consumer-confidence data fail to lift sentiment.
Read Europe Markets

London Markets: Resource firms boost FTSE 100, GSK rises

Resource-sector shares lead London higher, tracking gains for most commodity prices, while GlaxoSmithKline PLC advances after a broker upgrade.
Read London Markets

Asia Markets: Asia stocks end mostly higher; Hong Kong lags

Asian markets advanced overnight, with Japan stocks boosted by a solid rally in banks, although Hong Kong shares lagged, weighed by Industrial & Commercial Bank of China Ltd. after Goldman Sachs pares its stake in the lender.
Read Asia Markets

Currencies: Dollar confined to range, but drops versus Aussie

The U.S. dollar moves in narrow ranges against most major currencies but slips against its Australian and New Zealand counterparts after upbeat economic data from the two South Pacific nations.
Read Currencies

Futures Movers: Oil climbs back above $96 on Mideast tensions

March crude consolidateds above the $96-a-barrel mark, finding support as unrest in the Middle East region feeds supply concerns and as traders weigh the outlook for energy demand against a mixed backdrop for U.S. economic data.
Read the energy report

Corporates

Before the Bell is a daily emailed newsletter. You can subscribe here.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Demo Account!
    Free Trading Education!
    Sign-up Bonus!

  • Binomo
    Binomo

    Trustful Broker!

Like this post? Please share to your friends:
Binary Options Wiki
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: