28 August, 2017 by The TZ Newswire Staff Comments Off on UK is on holiday but that has not stopped the GBP from being the strongest currency today
UK is on holiday but that has not stopped the GBP from being the strongest currency today
The USD is the weakest
The UK is on “Summer Bank Holiday”. It is sunny and 26C. I hope all are outside enjoying the day. That sunshine has had a positive effect on the GBP. It is the strongest currency on the day. Meanwhile, the USD is the weakest currency as the North American traders enter
28 August, 2017 by The TZ Newswire Staff Comments Off on This Year’s Dow Jones Industrial Average Rally Could Be In Jeopardy
This Year’s Dow Jones Industrial Average Rally Could Be In Jeopardy
Technical analyst Dave Chojnacki of Street One Financial kicks off the new trading week with a recap of last weeks action and an update to the important technical factors affecting the U.S. equities markets right now.
The market opened higher on Friday, as news coming out of Fed’s Jackson Hole symposium was dovish. Equities traded in a roller coaster fashion throughout the day, on low volume. Tech stocks were weak on Friday, keeping the Nasdaq 100 (NDX) in negative territory going into the close.
28 August, 2017 by The TZ Newswire Staff Comments Off on Trade and wholesale inventories on the economic calendar as Harvey continues to hit
Trade and wholesale inventories on the economic calendar as Harvey continues to hit
US economic data coming up
The disaster in Texas continues to unfold as people in the Houston are wake up to more flooding and more rain in the forecast. Oil delivery ports and refineries are shut in and that’s hurting demand for oil with WTI crude down 40 cents to $47.47.
28 August, 2017 by The TZ Newswire Staff Comments Off on South Korean President Moon reportedly tells military to toughen up in case North ‘crosses the line’
South Korean President Moon reportedly tells military to toughen up in case North ‘crosses the line’
South Korea’s Moon Jae-in urged defense officials to step up military reform “in case North Korea stages a provocation.”
28 August, 2017 by The TZ Newswire Staff Comments Off on Analyst: Bitcoin Could Pull Back Up To 17% Soon
Analyst: Bitcoin Could Pull Back Up To 17% Soon
Bitcoin prices are still sitting right under all-time highs, but signs are mounting of a big impending pullback.
That’s the message from the technical analysts over at NewsBTC.com, who recently penned a piece examining the technicals of the much-vaunted cryptocurrency:
28 August, 2017 by The TZ Newswire Staff Comments Off on Monday’s Dollar Blues Reflects Market’s Bearish Sentiment
Monday’s Dollar Blues Reflects Market’s Bearish Sentiment
28 August, 2017 by The TZ Newswire Staff Comments Off on Australian Day Trader Pleads Guilty to Charges of Price Manipulation
Australian Day Trader Pleads Guilty to Charges of Price Manipulation
Trader pleads guilty to charges of using his direct market access to manipulate prices.