An earthquake is being reported in Taiwan’s capital Taipei. Details are limited at the moment. UPDATE: The magnitude is reported at 5.6 This article was written by Greg Michalowski at www.forexlive.com.
The USDJPY has and continues to make new highs going back to 1990. Today, the GBPJPY joined the USDJPY in making a new multi-year high. For the GBPJPY, it traded to its highest level since September 2008 (highest level in 2008 or nearly 16 years). Looking at the monthly chart above, the price moved above […]
The USDJPY continues to run to the upside with the currency pair now up 1.32% on the day. That is the largest increase since the end of October when the pair moved up 1.75%. It is Golden Week next week and markets are closed on Monday in Japan. The Bank of Japan kept rates unchanged. […]
Major European indices closed today with gains led by the Spanish Ibex which rose 1.56% and the German DAX which rose 1.36%. The major European indices were also higher for the trading week. A review of the gains today showed: German DAX, +243.73 points or 1.36% at 18161.02.France CAC +71.59 points or 0.89% at 8088.25.UK […]
The Baker Hughes rig count for the current week shows: Oil rigs: 506 vs 511 Natural gas rigs:105 vs 106.Total rigs: 613 vs 619 last week Crude oil is trading up $0.22 at $83.80. For the trade week, price of crude oil is up $1.72 or 2.09%. This article was written by Greg Michalowski at […]