Page 69 - Simple Moving Average News Today

Natural Gas (XNG/USD) prices are recovering from the profit taking that occurred on Wednesday by short-term traders that profited from the Gas price rally fueled by geopolitical tension in the Red Sea. The upward squeeze following  rising tensions

The Standard & Poor's (S&P) 500 major equity index sharply reversed late Wednesday to close the day down almost 1.5% after coming within half a percent of setting a new all-time high.

The Japanese Yen (JPY) ticks higher against its American counterpart for the second straight day on Thursday, with the USD/JPY pair moving back closer to the 143.00 round figure during the Asian session.

EUR/USD lost its traction in the second half of the day on Wednesday and closed in negative territory for the first time this week.

The NZD/USD caught a ride back up the charts on Thursday as market sentiment tips firmly risk on US economic data showing inflation continues to erode faster than markets previously expected.

The US Dollar (USD) trades lower on Thursday in the European session, after a very calm Asian one. From a technical point of view, the US Dollar Index (DXY) is likely to face a breakout soon, and lower liquidity ahead of Christmas could lead to

During the Asian session, Japan will release the National Consumer Price Index for November, and the Bank of Japan will release the minutes of the October meeting.

The USD/CAD eased into 1.3300 as the Canadian Dollar (CAD) gets one last crack at the handle as markets gear up for the holiday shutdown with a broad-base selloff of the US Dollar (USD).

The USD/CHF slipped through the 0.8600 handle on Thursday as broader markets push over the US Dollar (USD), bolstering all other major currencies across the board and lifting the Swiss Franc into a new twenty-week high against the Greenback.

West Texas Intermediate (WTI) Crude Oil tumbled nearly three percent to $72.50 per barrel on Thursday after Angola formally announced it would be leaving the Organization of the Petroleum Exporting Countries (OPEC), citing a lack of benefit to participating in the global oil cartel’s framework.