Australian dollar sees marginal gain amid economic downturn signals By Investing.com

[ad_1] The Australian Dollar edged slightly higher against the US Dollar today, trading between 0.6550 and 0.6570, marking a slight increase of 0.02%. This modest uptick comes despite concerning indicators of an economic downturn in Australia. The Judo Bank Manufacturing Purchasing Managers’ Index (PMI) has reached a multi-year low, dropping to 47.7. Similarly, the Services

USDJPY sellers gain momentum as they test November low

[ad_1] As the week comes to an end, the USDJPY fell sharply and in the process tested the low from early November at 149.175. The low reached 149.192 before bouncing. The price is trading at 149.74. The double bottom mirrors the double top from the high this week (on Monday). That high was reached on

US equity close: A flat start but another good weekly gain

[ad_1] On the day: S&P 500 +0.1% Nasdaq Comp +0.1% DJIA flat Russell 2000 +1.2% Toronto TSX Comp +0.6% On the week: S&P 500 +2.2% Nasdaq Comp +2.4% DJIA +1.9% Russell 2000 +5.3% Toronto TSX Comp +2.6% That’s a nice weekly gain for the Russell 2000 but it’s a long way to go to get

Gold Prices Gain On More Signs Global Inflation Rolling Over

[ad_1] Gold (XAU/USD) Price, Analysis, and Charts UK CPI came in at a two-year low for October The Core measure also ticked lower Gold prices are closing back in on $2000 Learn How to Trade Gold With Our Complimentary Guide Recommended by IG How to Trade Gold Gold Prices continued to rise in Wednesday’s European

European equity close: Weak trading on Friday erases the weekly gain

[ad_1] High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do