Russia’s rouble weakens past 100 per US dollar By Reuters

© Reuters. FILE PHOTO: Russian rouble and U.S. dollar banknotes are seen in this illustration photo taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo The Russian rouble fell past the psychologically key 100 per U.S. dollar threshold for the first time since March last year on Monday. President Vladimir Putin’s economic advisor said Russia was interested

Index declines at Monday open as market waits to view retail sales, earnings

Share: S&P 500 has given up 2.72% so far in August. The index is in an official short-term downtrend. Target, Walmart and Home Depot release quarterly earnings this week. US Census Bureau reports July US Retail Sales on Tuesday. S&P 500 opened Monday lower alongside other major indices. The S&P 500 traded off about 0.1%

EUR/USD Eyes Short-Term Retracement as DXY Runs Into Confluence Area

EUR/USD PRICE FORECAST: Recommended by Zain Vawda Get Your Free EUR Forecast READ MORE: US Dollar Forecast: Dollar Index Rally Continues with Fundamental and Technical Challenges Ahead EUR/USD has continued to trickle lower this morning, but a short-term retracement is beginning to look like a possibility. The Dollar Index (DXY) however, may cap any sustained

US dollar drifts higher ahead of a light North American calendar

It’s something of a three-day trading week in North America with nothing notable on the economic calendar today or on Friday. That’s contrasted by a busy day tomorrow with US retail sales and Canadian CPI. The lone item of note today is the BOC senior loan officer survey at 10 am ET and that’s not

Gold (XAU/USD) Slipping into Multi-Week Support, Volatility Remains Low

Gold Price (XAU/USD) Analysis, Price, and Chart Gold hit by a robust US dollar. Risk-off sentiment fails to give the precious metal a lift. Learn How to Trade Gold for Free Recommended by Nick Cawley How to Trade Gold A stronger US dollar, bolstered by rising US Treasury yields, is pressing down on gold and

Kremlin blames loose monetary policy as rouble slides past 101 vs dollar By Reuters

© Reuters. FILE PHOTO: Sheets of the newly designed Russian 100-rouble banknotes are seen at the Goznak printing factory in Moscow, Russia July 6, 2022. Moscow News Agency/Handout via REUTERS MOSCOW (Reuters) -President Vladimir Putin’s economic adviser rebuked the central bank on Monday as the rouble slid past 101 per U.S. dollar, blaming its 30%

Nasdaq 100 looks set for correction, but S&P 500 is holding on for now

Share: The Nasdaq 100 and S&P 500 indices, most closely followed by retail investors and traders, have faced some downward pressure since early August, but the latter still has a chance of maintaining an uptrend. The Nasdaq ended last week with a 0.7% loss on Friday, a 1.9% loss for the whole week

FTSE 100 Hit by Selling, but Dax and Nasdaq 100 Show Signs of Stabilising

Article by IG Chief Market Analyst Chris Beauchamp FTSE 100, DAX 40, Nasdaq 100 Analysis and Charts ​​​FTSE 100 drops sharply ​Friday’s losses have continued into a new week, with the index testing 7500 in early trading this morning. ​After failing to hold above 7600, a new bearish view appears to prevail. This will be

Stocks recover some poise on the session

S&P 500 futures I’m looking out for any headlines to have caused the turn here but I can’t really pinpoint any specific ones. The turn is coming as general equities sentiment is switching around, with tech stocks now leading the way. Nasdaq futures in particular is up 0.6% after having been down 0.3% earlier. Meanwhile,

Is Nasdaq Following Gold’s Footsteps? NDX, XAU/USD Price Setups

NASDAQ 100, NDX, Gold, XAU/USD – OUTLOOK: Growing similarities between the Nasdaq 100 index and XAU/USD price charts. From a fundamental perspective, elevated real yields appear to be a key driver. How is the trend evolving and what are the key levels to watch in the Nasdaq 100 index? Recommended by Manish Jaradi The Fundamentals