Tag: extends

Asia FX Extends Slump on Recession Fears, Dollar Reigns By Investing.com

By Ambar Warrick  Investing.com-- Asian currencies fell further on Wednesday amid growing fears of a global recession, while the dollar continued its ascent on safe haven demand and in anticipation of more U.S. economic cues. The...

S&P 500 Extends Slide as Traders Eye Economic Data, Bank Earnings

S&P 500 – Talking PointsS&P 500 sinks by 1% as traders brace for CPI on ThursdayFedspeak remains hawkish as FOMC looks to talk down marketBank earnings to set the tone for Q3 earnings...

Nasdaq extends decline to 2.8% as weekly gain largely evaporates

The Nasdaq is down 2.8% in a broad (and broadening) equity rout after non-farm payrolls. It highlights just how sensitive the market is to economic data. The jobs report wasn't much more than...

Cable extends decline to 240 pips

The wild volatility in the pound continues today with a 240 pips deop to 1.1238. The weekly gain has now been trimmed to about 100 pips as the US dolalr reasserts itself.The pound...

XAU/USD Extends Rally, Buoyed by Falling Yields and a Weaker Dollar

Dollar Index Down Around 3% from September 28 High.XAU/USD Recorded its Best Day in Almost Six Months.External Factors Still Key to Bullions Next Move. Recommended by ...

EUR/USD Extends Last Week’s Upside, Lagarde and China

EUR/USD ANALYSISECB gives support to Euro.China aids dollar weakness.EURO FUNDAMENTAL BACKDROPThe Euro climbed in early trading on Monday after the ECB’s President Christine Lagarde announce med that “July is the likely lift-off date...

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