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Share: Mullen said its new spoofing complaint will replace its short-selling litigation announced in August. Law firm says spoofing litigation could amounts to “billions” in compensation. MULN trades lower for fourth consecutive session on Friday. Traders wait for December 15 shareholder vote on reverse split.   Mullen Automotive (MULN) stock lost ground for… ادامه خواندن MULN closes week below $0.15, losing 5% on Friday

Share: The DXY Index rose above the 20-day SMA towards 104.05 and will close a 0.75% winning week. US NFPs from November accelerated, as did Average Hourly Earnings. The Unemployment Rate declined. US is set to report CPI inflation next Tuesday. The US Dollar (USD) continued to command the financial markets as it soared… ادامه خواندن US Dollar closes its best week since September on the back of strong NFPs,eyes on CPI

Share: The Swiss Franc is weakening in most of its pairs, but especially against the USD and GBP after the release of US Payrolls. Nonfarm Payrolls in November rose by 199K, higher than the 180K expected; Unemployment dropped to 3.7% and wages rose.  The data supported the US Dollar and riskier currencies against… ادامه خواندن CHF weakens broadly on Friday

Share: XAG/USD confirms a downtrend by breaking below 200, 100, and 50-day moving averages. Downtrend signals potential testing of November 13 swing low at $21.88 unless buyers intervene to lift the spot price. On the upside, buyers must reclaim $23.00 to challenge and surpass broken DMAs, potentially targeting $24.00. Silver price is collapsing… ادامه خواندن XAG/USD tanks over 3%, breaks key support levels as bears eye $23.00

Share: The AUD/USD is oscillating around the 0.6580 level, reflecting a decline of 0.25%. US Labor market data from November showed that wages and job creation increased while Unemployment declined. US bond yields made the US Dollar gain interest. The Aussie dollar (AUD) experienced a dip in its Friday trading session, with the… ادامه خواندن AUD/USD endures losses in light of strong US labor market and rising US yields

Share: WTI Oil trades near $70 and briefly broke below it on Wednesday and Thursday.  Oil outlook supports more downside as recent API and EIA data revealed substantial exports from the US  The US Dollar (Index) dropped Thursday as Yen soared 4% at one point against the Greenback. Oil prices are staying steady… ادامه خواندن Oil to face more downturn as traders issue bearish outlook

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any… ادامه خواندن Sweden Industrial Production Value (MoM) down to -0.3% in October from previous 0.6%

Share: US Treasury Secretary Janet Yellen spoke earlier in the Asian session on Friday, appreciating the US economic resilience and the Federal Reserve’s (Fed) strong performance. Key quotes The US Federal Reserve is performing strongly. Feeling very satisfied with the path that the US economy is on. Market reaction At the press time,… ادامه خواندن Satisfied with performance of US economy and the Fed

Share: The key event of the day will be the US official employment report. Before that, during the Asian session, Japan’s data is due, including GDP, current account, and the trade balance. The Bank of England will publish the Consumer Inflation Expectation survey. Here is what you need to know on Friday, December… ادامه خواندن Japanese Yen surges, US Dollar softens ahead of NFP

Share: The XAG/USD continued its downward path and fell to $23.75, below its 20-day SMA. US Initial Jobless Claims for the first week of December were better than expected. US bond yields are rising ahead of key labor reports on Friday. In Thursday’s session, Silver price (XAG/USD) continued declining and tallied a third… ادامه خواندن XAG/USD edges lower following lower Jobless Claims