Markets

Preliminary manufacturing PMI stands at 53.6 points in November – EUR / USD clings to gains

The Eurozone’s primary manufacturing PMI reached 53.6 in November compared to the 53.1 expected. The region’s services PMI falls to

USD / CAD falls to new daily lows near the 1.3050 level

A combination of factors triggers new selling around USD / CAD on Monday. Optimism over the COVID-19 vaccine leads to

Preliminary manufacturing PMI falls to 57.9 points in November from 56.5 expected

The German manufacturing PMI reaches 57.9 in November compared to the expected 56.5. Germany’s services PMI falls to 46.2 in

USD / JPY struggles to find a direction trapped within a range below the 104.00 level

USD JPY remains trapped within a narrow range below the round level of 104.00. Optimism over the COVID-19 vaccine weighs

XAU / USD is approaching the 200 hourly SMA

Gold is struggling to cross above the 200 hourly SMA. Optimism about vaccines limits demand for safe-haven gold. Gold is

AstraZeneca says smaller dose achieves 90% effectiveness

AstraZeneca and the University of Oxford say their COVID-19 vaccine has a 70.4% average efficiency after recording 131 cases of

EUR / USD seen between 1.1840-1.1890 in the very short term

According to the currency strategists at UOB Group, EUR / USD is expected to move between 1.1840 and 1.1890 in

Markets Celebrate Hopes for Quick Vaccination, Crypto Rebound, Focus Is on PMIs

This is what you need to know to trade today Monday, November 23: Hopes for coronavirus vaccine distribution are boosting

Trapped inside an ascending triangle

The immediate AUD / USD bias is neutral, with the pair trapped within a triangle pattern. A break to the

Key Corporate Earnings Reports To Watch This Week: Best Buy, Dell Technologies & More

Even as Wall Street prepares for a week shortened by Thursday’s Thanksgiving, investors should be keeping an eye on the upcoming key corporate earnings reports set to release this week.

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