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Day: April 14, 2021

Gold Snags Necessary Footing for Retest of Range’s Ceiling

Gold recently established some positive traction off the converged simple moving averages (SMAs) and the Ichimoku cloud’s upper surface, after failing to previously clear the resistance band of 1,756-1,760. Currently the SMAs do not confirm a commanding price direction, however, the rising 50-period SMA is aiding the latest positive sentiment in the commodity. Likewise the …

Gold Snags Necessary Footing for Retest of Range’s CeilingRead More

Stocks making the biggest moves in the premarket: Goldman Sachs, Bed Bath & Beyond, JetBlue & more

Here are some of the companies making headlines in premarket trading: Goldman Sachs (GS) — Goldman shares rose more than 1% in premarket trading after the company’s first-quarter results handily topped Wall Street’s expectations. The bank earned $18.60 per share, compared to the $10.22 per share expected by analysts surveyed by Refinitiv. Revenue came in …

Stocks making the biggest moves in the premarket: Goldman Sachs, Bed Bath & Beyond, JetBlue & moreRead More

Kiwi Shoots Higher as RBNZ Appears Less Concerned about its Rise

As expected, the RBNZ left all monetary policy measures unchanged at the April meeting. While acknowledging the dampening effects of the government’s housing policy, policymakers need more time to assess the impacts on the real economy. Meanwhile, the members appear more comfortable with the current level of New Zealand dollar. This explains the rise of …

Kiwi Shoots Higher as RBNZ Appears Less Concerned about its RiseRead More

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