April 2021 – Page 54 – UAG Trade Asia

Euro May Extend Rise vs. US Dollar But Overall Trend Points Lower

The Euro may extend its recent rebound against the US Dollar – probing closer to the 1.19 figure – but these gains are likely to come within the context of a broader downtrend.

April 6, 2021
Finance
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SYDNEY, April 6 Reuters The Australian and New Zealand dollars found support on Tuesday from more evidence of strong economic growth in China and the United States, and as Australias central bank sounded upbeat on the domestic outlook. The Aussie held at 0.7640 and well above last weeks threemonth low of 0.7533. Bulls need to […]

British Pound Price Action Set-ups: GBP/USD, GBP/NZD, GBP/JPY, EUR/GBP

The UK’s successful progression to the next stage of Prime Minister Boris Johnson’s four-stage reopening plan may underpin the British Pound against its major counterparts. GBP/USD, GBP/JPY, GBP/NZ…

New Zealand Dollar Forecast: NZD/USD May Move Higher as Economic Optimism Grows

NZD/USD is recapturing some of its losses from March as traders grow more optimistic about the economic recovery following solid US data prints.

Canadian Dollar Outlook: USD/CAD Plunges into April- Support Ahead

Canadian Dollar bulls may be vulnerable as USD/CAD probes support at the 2021 yearly low-day close. Here are the levels that matter on the Loonie technical charts.

Gold Price Forecast: Gold Trendline Bounce, Possible Double Bottom

Gold prices have given up as much as 14.4% in early 2021 trade, continuing the theme of Gold weakness from the August high. Is that course set to change?

April 5, 2021
Business
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Tribune Publishing Co has received a 680 million takeover offer from Newslight LLC, a bid that trumps an earlier proposal from hedge fund Alden Global Capital for the owner of the Chicago Tribune and the New York Daily News. Tribune said in a statement on Monday that its board had determined that the 18.50 per […]

April 5, 2021
Business
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Tesla Inc was set to add about 50 billion to its market value as the electric carmakers shares surged on Monday, after it posted record deliveries on strong demand in China that helped it offset the impact of a global shortage in auto parts. The stock jumped nearly 8 in premarket trading and it was […]

April 5, 2021
Oil
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Oil futures fell sharply Monday after a threeday weekend, with weakness attributed to concerns over the decision by the Organization of the Petroleum Exporting Countries and its allies to ease output curbs, along with indications more supply from Iran is making its way to market. West Texas Intermediate crude for May delivery fell 1.51, or 2.5, […]

April 5, 2021
Finance
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Gold futures traded slightly lower Monday morning after Easter, with a rise in yields and U.S. stocks perhaps undercutting bullish appetite for the haven metal after a report on Good Friday, when markets were mostly closed, showed a seasonally adjusted 916,000 jobs added in March, marking the best gain since August. Markets in Europe are closed […]

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Euro May Extend Rise vs. US Dollar But Overall Trend Points Lower

AUD, NZD Aided by Strong Global Data as RBA Sounds Upbeat

British Pound Price Action Set-ups: GBP/USD, GBP/NZD, GBP/JPY, EUR/GBP

New Zealand Dollar Forecast: NZD/USD May Move Higher as Economic Optimism Grows

Canadian Dollar Outlook: USD/CAD Plunges into April- Support Ahead

Gold Price Forecast: Gold Trendline Bounce, Possible Double Bottom

Tribune Publishing Receives Buyout Offer from Newslight

Teslas Market Value Set to Gain 50 Billion on Record EV Deliveries

Oil Falls more than 2 as OPEC Eases Curbs

Gold Prices under Pressure as Stocks Aim Higher after Easter

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