USDCHF Clawing Back Following Monday’s Break

$USDCHF hits session peak as USD extends recovery

USDCHF hits session peak as USD extends recovery

Buz Traders USDCHF hits session peak The US Dollar is trading at 0.9956 against the Swiss Franc at 10:40 GMT this morning, 0.32% higher from the New York close.

USDCHF

Buz Traders USDCHF hits session peak The US Dollar is trading at 0.9956 against the Swiss Franc at 10:40 GMT this morning, 0.32% higher from the New York close. Going ahead, investors would keep a close watch on Switzerland’s SECO consumer confidence index, set to release tomorrow. The pair traded at a high of 0.9960 and a low of 0.9907 this morning. On Friday, the USD traded 0.39% lower against the CHF in the New York session and ended at 0.9924. The pair is expected to its find support at 0.9910 and its first resistance at 0.9993.



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USDCHF hits session peak

 Switzerland’s SECO consumer confidence index, set to release tomorrow

The USD/CHF pair received some traction on Monday and staged a rebound from zero.9900 neighborhood amid modest dollar restoration.

presently trading round 0.9945-forty location, trying out consultation peaks, the pair remained constrained within a close to-time period trading range among two hundred-day SMA aid and a hundred-day SMA. also on Friday, the pair reversed all of its early profits to one hundred-day SMA resistance in wake of mixed US jobs information, mainly sluggish salary growth.

On Monday, the pair stuck clean bids and reversed early dip to 0.9910 vicinity led with the aid of large based totally short-greenback unwinding exchange, with the key US dollar Index trying a pass again closer to a hundred.00 mental mark. The pair maintained its bid tone despite of the normal threat-off temper, as depicted by way of weaker sentiment surrounding ecu equity markets, which has a tendency to gain the Swiss Franc‘s safe-haven enchantment.

From technical attitude, it’d be prudent to watch for a damage-out through latest trading variety earlier than confirming the pair’s next leg of directional pass

 



major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD)




AUDUSD flirting with 2-month lows

$AUDUSD spikes to fresh session peak at 0.7580 level

AUDUSD spikes to fresh session peak at 0.7580 level

AUDUSD

  • Buz Investors AUDUSD spikes The pair is trading at 0.7553 at 10:40 GMT this morning, with the Australian Dollar trading marginally lower against US Dollar from the New York close.
  • This morning, the pair traded at a high of 0.7578 and a low of 0.7545. The Australian Dollar traded 0.25% higher against the US Dollar in the New York session on Friday, with the pair closing the session at 0.7554. The pair is expected to its find support at 0.7519 and its first resistance at 0.7582.




AUDUSD spikes

Buz Investors AUDUSD spikes The pair is trading at 0.7553 at 10:40 GMT this morning, with the Australian Dollar trading marginally lower against US Dollar from the New York close. This morning, the pair traded at a high of 0.7578 and a low of 0.7545. The Australian Dollar traded 0.25%

AUDUSD spikes sparkling wave of dollar selling pressure appears to have emerged in the course of early NA consultation, with the AUD/USD pair regaining traction to hit a fresh consultation height.

currently buying and selling round zero.7575 location, large primarily based US greenback weak point helped the pair to extend its near-time period healing returned above the very important 2 hundred-day SMA. unhappiness from Friday’s inaugural speech by means of the usa President Donald Trump prompted a sharp slide inside the US treasury bond yields and maintains to gain better-yielding currencies – just like the Aussie, lifting the pair returned in the direction of over -month tops touched remaining week on Friday.

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AUDUSD spikes

meanwhile, subdued overall performance in the commodity area, with copper giving up majority of its day by day gains, has didn’t lend any extra help. In absence of any fresh essential drivers, in-terms of any financial releases, the usa dollar fee-dynamics remains the one of a kind motive force of the pair’s movement on Monday.

major currencies: (EUR-USD) (USD-JPY) (GBP-USD) (USD-CHF), (USD-CAD), (AUD-USD)




AUDUSD flirting with 2-month lows

$AUDUSD shrug-off mixed jobs data, spikes to fresh session peak

AUD/USD shrug-off mixed jobs data, spikes to fresh session peak

AUDUSD

  • Buz Investors AUDUSD shrug-off mixed jobs data The pair is trading at 0.7557 at 10:40 GMT this morning, with the Australian Dollar trading 0.71% higher against US Dollar from the New York close.
  • Overnight data indicated that Australia’s seasonally adjusted unemployment rate unexpectedly edged higher in December. This morning, the pair traded at a high of 0.7573 and a low of 0.7490. The Australian Dollar traded 0.68% lower against the US Dollar in the New York session
  • yesterday, with the pair closing the session at 0.7504. The pair is expected to its find support at 0.7507 and its first resistance at 0.7590.




AUDUSD shrug-off mixed jobs data

Buz Investors AUDUSD shrug-off mixed jobs data The pair is trading at 0.7557 at 10:40 GMT this morning, with the Australian Dollar trading 0.71% higher against US Dollar from the New York close. Overnight data indicated that Australia’s seasonally adjusted unemployment rate unexpectedly edged higher in

AUDUSD shrug-off mixed jobs data The AUD/USD pair reversed blended Australian jobs statistics-led modest decline to sub-zero.75 mark and has now risen to a clean session height near 0.7535 level.

market appears to have digested an unexpected upward push in the Australian unemployment price, which rose to the highest stage on account that January 2016 to 5.eight% as compared to previous month’s five.7% and anticipated. furthermore, a higher-than-expected rise within the quantity of hired humans at some point of December also countered the disappointing unemployment price and attracted some renewed shopping for interest close to the very vital two hundred-day SMA location.

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AUDUSD shrug-off mixed jobs data 

meanwhile, superb sentiment surrounding commodity space, particularly Copper, additionally underpinned demand for commodity-linked currencies, which include the Australian dollar, and is collaborating to the pair sharp restoration from consultation low.

subsequent in awareness would be US economic docket, whilst the wider marketplace chance sentiment and a observe thru effect of hawkish comments from the Fed Chair Janet Yellen might additionally make a contribution towards figuring out the pair’s flow on Thursday.

major currencies: (EUR-USD) (USD-JPY) (GBP-USD) (USD-CHF), (USD-CAD), (AUD-USD)




Peak Provides Update on Operations and Outlook for 2017

Peak Provides Update on Operations and Outlook for 2017

Peak Provides Update on Operations and Outlook for 2017

Peak Provides Update on Operations and Outlook for 2017

Peak Positioning Technologies Inc. (CSE: PKK) (“Peak” or the “Company”) today provided the following update on its operations and outlook for 2017.

Peak began to show its revenue potential in the latter part of Q3 2016 when Asia Synergy Technologies (“AST”), Peak’s Chinese operating subsidiary, conducted its first transactions. That momentum carried over through to the end of Q4 with more transactions and the addition of new clients to the Gold River materials trading and financial services platform during the quarter. The details of the impact of those transactions and new clients on AST’s revenues and profits for the quarter will be provided in the Company’s year-end 2016 audited financial statements as prescribed by securities legislation for financial disclosure.

AST continues to successfully market and position Gold River as a platform that gives companies in the commodities trading industry access to credit and financing solutions to help them manage their cash flow issues. As financing-related revenues are expected to represent an increasingly larger percentage of AST’s total revenues, a lot of emphasis was placed in Q4 on ensuring that Gold River’s financing features would be available to platform clients. To that end, AST financial partner, the Zhonghai Wanyue Group (“ZHWY”), is expected to soon finalize a US$120M to US$150M fund dedicated entirely to the financing of transactions conducted on Gold River. All client requests for PO financing and receivables factoring placed on Gold River are referred to ZHWY, which processes the requests and decides whether to approve or decline the credit applications. AST receives a referral fee from ZHWY for all approved applications, which can equal up to 5% of the value of the transactions.

“The Gold River platform is just one way to tap into the tremendous opportunity in the Chinese credit market”, commented Johnson Joseph, President and CEO of Peak. “The platform caters to businesses involved in the buying and selling of certain commodities. However there are literally millions of other Chinese businesses facing the same or even tougher credit challenges. I’ve said it before but it bears repeating, credit is very hard to come by in China. And anyone able to find a way to make credit more accessible to Chinese businesses will truly be on to something special. That’s the opportunity we see in the Chinese Fintech (financial technology) space. Bringing a product to China able to make it easier for all of China’s 50M+ SMEs to obtain some form of credit is what we’re actively working on to complement what AST is already doing with Gold River. I think it’s important that our shareholders understand that”, concluded Mr. Joseph.

Peak has had discussions over the past six months with a number of international Fintech companies with solutions that the Company and its Chinese partners believe could potential have a significant impact on the Chinese credit market. Talks with one company in particular, that Peak and its partners believe would have an ideal solution for China, have advanced to the point where the Company believes that an agreement may be reached with that company prior to the end of the first quarter of 2017.

If successful in its efforts to reach an agreement with a strategic partner to introduce a new Fintech solution to the Chinese credit space, the Company will accordingly revise its revenue and profit guidance for 2017 and beyond.

GBPUSD Pound Jumps to 1.25, Markets Eye Autumn

GBPUSD surges to fresh session peak

GBPUSD surges to fresh session peak

GBPUSD

  • Buz Traders GBPUSD surges At 10:40 GMT, the pair is trading at 1.2308, with the Pound trading 0.42% higher against US Dollar from the New York close.
  • With no economic releases in the UK today, investor sentiment would be governed by global macroeconomic factors. The pair witnessed a high of 1.2317 and a low of 1.2242 during the session.
  • Yesterday, the Pound traded 0.1% higher against the US Dollar in the New York session and ended at 1.2256. Immediate downside, the first support level is seen at 1.2244, while on the upside, the first resistance level is situated at 1.2345.

GBPUSD surges

GBPUSD Pound Jumps to 1.25, Markets Eye Autumn

GBPUSD surges The GBP/USD pair maintained its strong bid tone and extended its appreciating move in addition beyond 1.2300 take care of, to a sparkling consultation top stage around mid-1.2300s.

 

 

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GBPUSD surges

In absence of any sparkling information / development, the pair’s brand new leg of up-pass might be attributed to a few stops getting brought on on a decisive flow above 1.2315-20 robust horizontal resistance. it might, but, be prudent to look forward to a observe through movement to see if the flow was sponsored by means of authentic buying or become only a forestall-run.

meanwhile, market participants now look ahead to in addition information of President-opt for Donald Trump’s proposed economic rules and hence, could have been willing to lighten their bullish US greenback bets.

A especially lighter US monetary docket, presenting the handiest applicable release of Chicago PMI print for December would now be seemed upon for some immediately respite for USD bulls.

major currencies: (EUR-USD) (USD-JPY) (GBP-USD) (USD-CHF), (USD-CAD), (AUD-USD)




Cloud Peak Energy, Inc. CLD NYSE

Penny Stock Cloud Peak Energy Inc. (CLD)

Penny Stock Cloud Peak Energy Inc. (CLD)

Cloud Peak Energy, Inc. CLD NYSE

Cloud Peak Energy Inc. (CLD) came public at $14.54 in 2009 and ground sideways in a narrow range pattern into a 2014 breakdown that posted a series of new lows into the January 2016 all-time low print at 1.08. The subsequent recovery wave mounted the 200-day EMA in July, signaling a new uptrend, with subsequent price action reaching the August 2015 high at $4.79.

Look for a reversal because a 100% retracement of a prior decline signifies resistance, with the next pullback set to offer a low-risk buying opportunity.

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Cloud Peak Energy


A test at 200-day EMA support makes sense so look for the decline to target the July 29 breakout gap between $2.75 and $2.90 (red lines). A bounce starting at or near that level could generate rally momentum, lifting the stock well above the prior high and into the May 2015 high at $7.39.

Cloud Peak Energy Inc. (NYSE: CLD) is a firm headquartered in Gillette, Wyoming which mines coal in the Powder River Basin. The company was formed as a corporate spin-off from Rio Tinto Energy America in 2009.In its 2009 Annual Report Rio Tinto stated that it held a 48.3% stake in Cloud Peak Energy and its directly owned mines. Cloud Peak Energy also has a 50% stake in the Decker Coal Company, which operates the Decker Mine in Montana


Cloud Peak Energy Inc. Announces Schedule for Third Quarter and First Nine Months of 2016 Results

Cloud Peak Energy Inc. Announces Schedule for Third Quarter and First Nine Months of 2016 Results

Cloud Peak Energy Inc Cloud Peak Energy In. Announces Schedule for Third Quarter and First Nine Months of 2016 Results

NYSE:
CLD
 Cloud Peak Energy Inc. Announces Schedule for Third Quarter and First Nine Months of 2016 Results

GILLETTE, Wyo.Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin (“PRB”) coal company, plans to announce its third quarter and first nine months of 2016 financial results on October 27, 2016, after the markets close.

A conference call with management is scheduled at 5:00 p.m. ET on October 27, 2016 to review the results and current business conditions. The call will be webcast live over the Internet from our website at www.cloudpeakenergy.com under “Investor Relations”. Participants should follow the instructions provided on the website for downloading and installing the audio applications necessary to join the webcast. Interested individuals also can access the live conference call via telephone at (855) 793-3260 (domestic) or (631) 485-4929 (international) and entering pass code 87708100.

Following the live webcast, a replay will be available at the same URL on our website for seven days. A telephonic replay will also be available approximately two hours after the call and can be accessed by dialing (855) 859-2056 (domestic) or (404) 537-3406 (international) and entering pass code 87708100. The telephonic replay will be available for seven days.

About Cloud Peak Energy®

Cloud Peak Energy Inc. (NYSE:CLD) is headquartered in Wyoming and is one of the largest U.S. coal producers and the only pure-play Powder River Basin coal company. As one of the safest coal producers in the nation, Cloud Peak Energy mines low sulfur, subbituminous coal and provides logistics supply services. The Company owns and operates three surface coal mines in the PRB, the lowest cost major coal producing region in the nation. The Antelope and Cordero Rojo mines are located in Wyoming and the Spring Creek Mine is located in Montana. In 2015, Cloud Peak Energy shipped approximately 75 million tons from its three mines to customers located throughout the U.S. and around the world. Cloud Peak Energy also owns rights to substantial undeveloped coal and complimentary surface assets in the Northern PRB, further building the Company’s long-term position to serve Asian export and domestic customers. With approximately 1,400 total employees, the Company is widely recognized for its exemplary performance in its safety and environmental programs. Cloud Peak Energy is a sustainable fuel supplier for approximately three percent of the nation’s electricity.

USDCAD US Dollar rose against CAD BOC key interest rate unchanged

USDCAD finds itself 10 percent lower than the near-1.4700 peak

USDCAD finds itself 10 percent lower than the near-1.4700 peak

USD-CAD

  • Buz Traders Watching USDCAD finds itself The pair is trading at 1.3149 at 09:40 GMT this morning, with the USD trading 0.3% lower against CAD from the New York close
  • The pair traded at a high of 1.3205 and a low of 1.3149 this morning. The US Dollar declined against the Canadian Dollar in the New York session yesterday, closing 0.35% lower at 1.3189. Yesterday,
  • the BoC Governor, Stephen Poloz, stated that interest rates will remain low for longer period as the Canadian economy faces strong headwinds. The pair is expected to its find support at 1.3118 and its first resistance at 1.3211.

USDCAD finds itself Bank of Canada governor states that negative rates remain a possible

USDCAD finds itself 10 percent lower than the near-1.4700 peak

USDCAD finds itself The USD/CAD’s Speculative Sentiment Index reading is currently at -2.19 indicating that only 31 percent of retail traders are long the pair. With the balance – nearly 70 percent of traders – net short, this is the most bearish SSI reading since January 21st of this year. Compared to that previous reading 9 months ago, USD/CAD finds itself 10 percent lower than the near-1.4700 peak.

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USDCAD finds itself 

InstaForex

This morning, Bank of Canada’s Governor Poloz called for greater monetary efforts as he noted that “headwinds pushing against stimulus remain powerful”. The Governor went on to say that Canada should remove interprovincial trade barriers as he sees potential output growth at an “uninspiring” 1.5 percent. During the Q&A portion of his speech, Governor Poloz stated that negative rates are a possisble tool for the BoC, however “nobody likes negative rates”.

The exceptional USD/CAD positoining and Canadian central banker’s call for greater monetary stimulus efforts comes just a day before the Federal Open Market Committee (FOMC) announces its decision on US interest rates and releases its updated forecasts. The FOMC meeting results may bring with it a significant amount of volatility as it is one of the most important pieces of event risk for the month.