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With USD/CHF holding north of its 0.94 handle, EUR/USD, based on the H4 timeframe, found thin air above 1.14, on track to greet the 1.13 handle, as we write. The latter, as you can see, shares space with Quasimodo support at 1.1268 and trend line support, extended from the low 1.0727.
On the data front, US unemployment claims fell to 1.5 million last week and US PPI data for May came in better than expected.
In the week ending June 6, the advance figure for seasonally adjusted initial claims was 1,542,000, a decrease of 355,000 from the previous week’s revised level. The previous week’s level was revised up by 20,000 from 1,877,000 to 1,897,000. The 4-week moving average was 2,002,000, a decrease of 286,250 from the previous week’s revised average. The previous week’s average was revised up by 4,250 from 2,284,000 to 2,288,250.
The Producer Price Index for final demand rose 0.4 percent in May, seasonally adjusted, the US Bureau of Labour Statistics reported today. This increase followed declines of 1.3 percent in April and 0.2 percent in March. On an unadjusted basis, the final demand index decreased 0.8 percent for the 12 months ended in May.
The technical landscape on the higher timeframes had weekly price recently go toe-to-toe with long-standing trend line resistance, stretched from the high 1.2555. Sellers are beginning to make an appearance here and could unwind to 1.1222, the 2020 yearly opening level. Further upside, though, may have the unit cross swords with the 2019 yearly opening level at 1.1445.
In conjunction with the weekly timeframe, daily flow recently touched gloves with resistance at 1.1349, a level converging closely with channel resistance, taken from the high 1.1147. Remaining on the backfoot here throws support at 1.1239 into the light, with a break potentially exposing the 200-day SMA (orange – 1.1020).
1.13, as well as H4 Quasimodo support at 1.1268, is likely to make an entrance thanks to noted higher-timeframe resistance. Technically speaking, though, the pair is unlikely to seek bids until reaching daily support at 1.1239, sited ahead of weekly support at 1.1222 (2020 yearly opening level)/H4 support at 1.1221. Therefore, bearish strategies could be an option upon closing under 1.13 on a H4 basis.Increased dollar demand weighed on the British pound Thursday, with GBP/USD unwinding through 1.27 to 1.26 on the H4 timeframe. 1.26, as you can see, joins with additional support in the shape of May’s opening level at 1.2583, support at 1.2575 and channel resistance-turned support, extended from the high 1.2296.
Meanwhile, on the weekly timeframe, healthy selling emerged from the 61.8% Fibonacci retracement ratio at 1.2718 and the 2019 yearly opening level at 1.2739 in recent movement, on track to close in the form of a shooting star candle pattern. Additional downside has Quasimodo support at 1.2163 to target, while a strong bid could eventually take the currency pair to trend line resistance, extended from the high 1.5930.
Daily price, after Wednesday’s rejection off resistance at 1.2769, dipped through the 200-day SMA (orange – 1.2677) yesterday and underlined the possibility of further declines to support drawn from 1.2485.While 1.26 on the H4 currently holds, higher-timeframe direction indicates possible weakness off the round number. However, given local H4 structure exhibits additional support nearby (highlighted above), along with the current trend displaying an upward bias, buyers are likely to still attempt a recovery.
Once/if we cross beneath H4 support at 1.2575, open space to 1.25 is visible for shorting opportunities, backed, of course, by current higher-timeframe resistances.
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In collaboration with Statista, the world-leading statistics portal and industry ranking provider, Forbes conducted their annual survey to more than 50,000 American employees working for companies with more than 1,000 employees in America. Across 25 industry sectors, 1,000 employers have been awarded, 500 large employers and 500 midsize employers.
The evaluation was based on direct and indirect recommendations from employees that were asked to rate their willingness to recommend their own employers to friends and family. Employee evaluations also included other employers in their respective industries that stood out either positively or negatively. The survey was conducted through online access panels to ensure respondents were anonymous and able to freely give their opinions without company influence.
“We are honored to be recognized once again as one of America’s Best Large Employers,” said Todd Wanek, President and CEO. “Ashley is a family company with multi-generational employees and leaders. As a company, we work together to continuously improve and strive to be the best furniture company, which would not be possible without all of our employees.”
Today, Ashley has more than 17,000 employees nationwide (over 35,000 worldwide) and has over 30 million square feet of manufacturing and distribution space under roof. The company owns the industry’s largest transportation fleet - operating more than 1,225 tractors and 4,000 trailers. As the largest retail furniture store brand in North America, Ashley offers one of the largest product assortments to more than 1,000 Ashley HomeStores and 20,000 storefronts throughout 155 countries.
As an industry leader in technology innovations; Ashley has recently invested billions of dollars into their people, technology and facilities to improve every aspect of the company’s performance, while lowering costs to their customers. Under the leadership of Todd Wanek, Ashley's President and CEO, and Ron Wanek, its Founder and Chairman, the family-owned company continues to evolve and grow.
“We are committed to providing a best-in-class employee experience – especially during the pandemic,” stated Danna Szwed, Executive Vice President of Human Resources. “Our top priority is the health and safety of our team members, our customers and the communities in which we work and live. During this trying time, this recognition means even more to our organization as it comes directly from the great people who make our company great – our employees.”
“We wanted the new uniforms to have a clean, sleek design,” Bengals director of strategy and fan engagement Elizabeth Blackburn said in a statement. “We used our popular Color Rush jersey, helmet and the beautiful bengal tiger as inspiration to achieve an iconic, bold look.”
The home black, orange alternate and white road jerseys feature a new tiger stripe pattern on the sleeves and shoulders that is somewhat reminiscent of the Bengals’ previous design, only larger and no longer encased in sleeve caps. They’re orange on the black jersey and black on both the orange and white jerseys.
There are no television numbers on the shoulders or logos on the sleeves, leaving just a white Nike swoosh on the black and orange jerseys and orange Nike swoosh on the white jersey.
Cincinnati has simplified and slightly modified its previous number font, which now features a single contrasting outline instead of a heavy drop shadow. The numerals are also thinner and feature a sharp, truncated edge to “mimic the modern design of Paul Brown Stadium and the claw marks of a ferocious bengal.” The stroke was also removed from the nameplate for simplicity.They’re super simple, but very sleek with a lot of different colors,” said defensive end Sam Hubbard. “You look good, you feel good, you play good.”
There is a small Bengals wordmark on the chest above the numbers and the signature of late founder and coach Paul Brown on the inside of the back collar, making them the 10th team in the league with words, logos or symbols in that spot.This marks the first time we’ve seen the slightly updated pants design, however. There are three different versions that feature orange on black, black on white and orange with a black stroke on white, the last of which allows the Bengals to wear white pants with either their black home or orange alternate jerseys.
The black on white will be worn exclusively with the white road jersey while the orange on black can be worn interchangeably with any of the three jerseys.
“We’re setting the standard of what we want. It’s a whole new locker room. Stuff like this gives the players a lift,” safety Jessie Bates III said. “I feel the guys here are among the main guys. It’s a different look and we’re excited about it.”
Lids, a clothing and hat retailer, recently released a map showing the top-selling NFL player jersey in each state. Brady, the recently-retired quarterback for the Tampa Bay Buccaneers, was far and away the most popular, topping out the list in 18 states. That includes two – Michigan and Indiana – that have their own NFL teams.
Brady was most popular in Florida, unsurprisingly, as well as states in New England, the Midwest, and West, plus Alaska and Hawaii.Close behind Brady was Kansas City Chiefs quarterback Patrick Mahomes, whose jersey was most popular in Nebraska, Kansas, Missouri, and Arkansas. Two other quarterbacks – Baltimore Ravens’ Lamar Jackson and Dallas Cowboys’ Dak Prescott – were each top sellers in three separate states.
It wasn’t just quarterbacks that were top sellers, either. In 10 states, jerseys belonging to other offensive players were most desirable. In Minnesota, for example, Vikings wide receiver Adam Thielen was the top-selling jersey at Lids.
NFL fans in one state, in particular, were taken aback by the top player jersey sold on their turf. Wisconsin, home to the Green Bay Packers and quarterback Aaron Rodgers, had its rival team’s quarterback, Justin Fields of the Bears, as the top-selling jersey.It isn’t all heartbreak for the Cheesehead State though. In a second map, Lids revealed the top-selling team jerseys in each state. In most cases, like Wisconsin, the home team won out. Brady’s Buccaneers outsold other teams in eight states, beating out the home team in Indiana and into New England.
Nine teams didn’t make the cut, including the Super Bowl-bound Los Angeles Rams, the now-Washington Commanders, and the Indianapolis Colts.
Chronic bacterial prostatitis (CBP) is most often caused by Escherichia coli or other gram-negative Enterobacteriaceae, and typically affects men 36 to 50 years of age. After an episode of acute bacterial prostatitis, approximately 5% of patients may progress to CBP. [1] Patients may present with a history of relapsing urinary tract infections (UTIs), which may be episodic or persistent. The UTIs are typically not associated with systemic signs of infection. Other irritative or obstructive urologic symptoms may also be present. (See Presentation).To get more news about Chronic prostatitis causes, you can visit our official website.
Analysis of urine specimens and prostatic fluid is used to confirm the diagnosis (see Workup). The main diagnostic criterion for CBP is positive bacterial cultures of prostatic fluidThe prostate gland is part of the male reproductive system, and it is a walnut-sized gland found in men that is located below the bladder and in front of the rectum. It surrounds the urethra, the tube through which urine and semen exit the body. Its main function is to produce seminal fluid in order to transport sperm through the urethra.
The symptoms associated with prostatitis can vary depending on the underlying cause of prostatitis. The symptoms may appear slowly or come on quickly, and they may improve rapidly (depending on the cause and treatment available) or they may last for several months and they can keep recurring (chronic prostatitis). The rapidity and severity of onset is usually most pronounced with acute bacterial prostatitis. The following are signs and symptoms that may be present with prostatitis:
If you have any of the signs or symptoms consistent with prostatitis, you should see your health care professional for further evaluation. Depending on the symptoms and your response to therapy, your doctor may need to refer you to a urologist (a physician specializing in the genitourinary system).
Prostatitis can be caused by bacteria that leak into the prostate gland from the urinary tract (the most common bacterial cause) and from direct extension or lymphatic spread from the rectum. It can also result from various sexually transmitted organisms such as Neisseria gonorrhoeae, Chlamydia trachomatis, or HIV. Other organisms responsible for infection are the same found most frequently in urinary tract infections, such as Escherichia coli. In many instances (especially in the chronic form of prostatitis), no specific cause of prostatitis can be found.
Prostatitis is usually diagnosed by analyzing a urine sample and undergoing an examination of your prostate gland by your health care practitioner. This examination involves a digital rectal examination to palpate the prostate gland and feel for abnormalities of the gland. Occasionally, the physician may also collect and test a sample of the prostatic fluid.
Sometimes a prostate massage is performed to compare samples of the prostatic fluid both before and after this intervention has been performed. To perform this procedure, the doctor will stroke/massage the prostate gland during the digital rectal examination. Because there is the concern that this procedure can release bacteria into the bloodstream, this test is contraindicated in cases of acute bacterial prostatitis.
Additional tests that may be obtained include a complete blood count (CBC), an electrolyte panel, blood cultures, a swab of urethral discharge if present, and sometimes a prostate-specific antigen (PSA) level. The PSA test, which is used as a screening test for prostate cancer, may also be elevated with prostatitis.
Other tests that may also be obtained include urodynamic tests (to check how well you empty your bladder and establish if prostatitis is affecting your ability to urinate), ultrasound imaging, computed tomography (CT) imaging, cystoscopy, and a prostate biopsy.
If recurring episodes of urinary tract infections and prostatitis occur, see your doctor for a more detailed evaluation of your genitourinary system for anatomic abnormalities, which may make you more prone to infections.Treatment for prostatitis depends on the underlying cause and type of prostatitis. Antibiotics are prescribed if the cause is a bacterial infection. All forms of prostatitis require pain control if needed, treatment, relief of complications and side effects, and need to be closely monitored by your doctor. In certain instances, some people with prostatitis may need to be hospitalized for treatment.
There are quite a few types of testicular and scrotal conditions. Testicular cancer is likely the most well-known condition, but there are many other benign conditions of the testes and scrotum that range from minor to life-threatening.To get more news about epididymitis and scrotal pain, you can visit our official website.
Epididymitis
Epididymitis is inflammation or infection of the epididymis, which is the long tube that rests along the testicles. Epididymitis can be caused by sexually transmitted diseases, injury, a side effect from a vasectomy, and other problems. The symptoms of epididymitis may include pain (from mild to severe), swelling of the testicles or scrotum, nausea and vomiting, and fever.
Hydrocele
Hydrocele is a buildup of fluid around the testicles. It can affect one or both testicles, and it can cause swelling in the scrotum and groin area. Hydrocele is not usually painful or harmful, and it may not need treatment. However, any swelling in the scrotum should be evaluated by a doctor. Once in a while, hydrocele can cause symptoms other than swelling, such as mild pain, tenderness, or redness of the scrotum. Hydrocele most often occurs in infants who have an opening between the abdomen and the scrotum, but sometimes they occur later in life. When men have hydrocele, it is usually caused by injury, inflammation, infection of the testicles, or epididymitis.
Testicular torsion
Testicular torsion occurs when the spermatic cord gets twisted and cuts off blood supply to the testicle. It is a medical emergency that requires immediate treatment in order to save the testicle. Although surgery doesn't guarantee that the testicle will be saved, not having treatment within six hours almost always results in permanent damage that requires testicle removal. Symptoms of testicular torsion include sudden onset of severe pain in the testicle that may be accompanied by swelling and tenderness of the testicles and scrotum, fever, and nausea and vomiting, among other symptoms.
Varicocele
A varicocele is enlarged or dilated veins in the scrotum. It is normally a painless and harmless condition; however, it can cause low sperm production and reduced sperm quality that can lead to male infertility. Sometimes, varicocele can produce symptoms, such as pain and swelling. Although most varicoceles don't need to be treated, some will need to be corrected with surgery.
Hypogonadism
Hypogonadism is a condition that results when the testicles don't produce enough of the hormone testosterone. A lack of testosterone in men can cause problems like erectile dysfunction, reduced sex drive, infertility, osteoporosis, increased breast tissue, decreased body and beard hair, depression, fatigue, and hot flashes. It can often be treated with testosterone replacement therapy. If there is an underlying cause of hypogonadism, such a pituitary condition, treating that problem may resolve the symptoms of hypogonadism.
Orchitis
Orchitis is inflammation of one or both testicles. Most of the time, it is caused by bacterial or viral infection. The mumps is a common cause of orchitis. Sexually transmitted infections, such as gonorrhea and chlamydia, can both lead to orchitis when they cause epididymitis (an infection of the epididymis), which in turn can lead to orchitis. This type of orchitis is called epididymo-orchitis. Signs and symptoms of orchitis include testicular and scrotal pain and tenderness and infertility. Most of the time, it can be treated with medication and home remedies.
Spermatocele
Spermatocele, otherwise known as spermatic cyst, is a fluid filled cyst that forms in the epididymis. Small cysts do not normally cause pain. Large cysts can cause pain or a heavy feeling in the affected testicle and swelling above and behind the testicle. If you have a large spermatocele and have pain or other symptoms, surgery may be an option.
Testicular pain
Many testicular and scrotal conditions can cause testicular pain. Other conditions, like kidney and ureteral stones, infections, and inguinal hernias can also cause pain that can be felt in or around the testicles and scrotum. If you have testicular pain, you should contact your doctor right away. And if you experience a sudden onset of testicular pain, you should seek emergency medical care to rule out serious conditions like testicular torsion.
Testicular swelling
Most conditions of the scrotum and testicles can cause swelling, including varicocele, testicular torsion, orchitis, epididymitis and hydrocele, to name a few. If you notice any swelling of your testicles or scrotum, contact your doctor to make an appointment.
ADP Non-Farm Employment and Quarterly Final GDP data released on Wednesday were rather negative for the US economy, adding more pressure to the dollar. US treasury yields also declined on Wednesday, with the 10-year treasury yields falling to approximately 2.3%, from a two-year high of 2.5% the day before.
In the past week, the dollar had gained strength, boosted by hawkish Fed rhetoric. In a recent speech, Fed Chair Jerome Powell hinted that the Fed may perform a steeper rate hike in the future, going above the expected 25 base points. Other Fed members have similarly shown signs of encouraging a more hawkish fiscal policy, increasing the odds of a 50 bp rate hike at the Central Bank’s next meeting in May. Markets are anticipating total rate hikes of 175 base points within the year to tackle soaring inflation rates.
The dollar had dropped in the wake of the Federal Reserve's latest policy meeting in March, in which the Federal Reserve raised its benchmark interest rate by 25 base points, bringing its interest rate to 0.50%. The US Central bank is attempting to bring down inflation that has been rising at the fastest rate in 40 years. The 25-base point rate hike though was considered conservative and had already been priced in by markets. Recent statements by FOMC members though show a shift towards a more aggressively hawkish policy.
Monthly Core PCE Price Index, Unemployment Claims, Annual Challenger Job Cuts, and Chicago PMI are scheduled to be released on Thursday for the dollar and may cause some volatility in the currency. In addition, FOMC Member Williams is due to deliver a speech, which may affect the currency, as Fed rhetoric in the past few days was one of the main factors that have been driving the dollar up.
The EUR/USD rate climbed above 1.116 on Wednesday, breaking through the 1.113 level resistance, as peace talks sparked hopes of a resolution of the crisis in Ukraine. The safe-haven dollar retreated, while the Euro regained some of its lost ground. If the currency pair goes up, it may encounter resistance at 1.148, while if it declines, support may be found at the 1.080 level.
On Wednesday, consumer sentiment and inflation data released for the Eurozone were mostly negative for the EU economy, putting pressure on the Euro. Reports of de-escalation of the crisis in Ukraine reduced the appeal of safe-haven currencies and boosted riskier assets.
In addition, ECB President Lagarde delivered a speech at an event hosted by the Bank of Cyprus on Wednesday. Lagarde stated in her speech that the growth of the Eurozone economy has been stalled by the war in Ukraine and that inflation will likely rise even further. Lagarde has also stressed that the ECB needs to remain flexible and may alter its monetary policy in response to unforeseen inflationary and economic pressures arising from the war in Ukraine, but stated that the ECB will move gradually towards normalizing its fiscal policy. The ECB is trying to avert a dangerous economic effect known as stagflation, the mix of economic stagnation and high inflation rates.
The ECB has been pursuing a more cautious fiscal policy than other major Central Banks, although it has recently turned towards a more hawkish direction. The ECB has announced its decision to wind down its bond-purchasing program sooner than expected, placing the end of the bond-buying program in the third quarter of 2022, if financial conditions in the Eurozone allow it.
In addition, the European Central Bank has announced that it does not plan to raise its benchmark interest rate before the end of its bond-buying program in the third quarter of 2022. Many market analysts predict that the ECB will raise its interest rate by at least 30 base points in Q4 of 2022 and some predict a steeper rate hike of 50 bps, although so far, the ECB has been reluctant to move towards a rate hike. As the Fed and the BOE have already raised their benchmark interest rates, the Euro remains at a disadvantage from the difference in interest rates.
On Thursday, several indicators are scheduled to be released for the Euro, including French Consumer Spending, French Preliminary CPI, German Unemployment Change, Italian Monthly Unemployment Rate, Italian Prelim CPI, EU Unemployment Rate. These are employment and inflation indicators for some of the Eurozone’s leading economies and the Eurozone as a whole and may affect the currency.
Following the freezing of its operations and client withdrawals amid the arrest of several members of its senior management, offshore Retail FX broker Samtrade FX has issued a statement (see full text below) noting that it has filed for its corporate and operating entities to be placed in "judicial management" - the Singapore equivalent of administration.To get more news about intrgroup, you can visit wikifx.com official website.
The "interim judicial managers" for Samtrade FX will be former PwC partner Goh Thien Phong and his GTP Advisory PAC, which specializes in corporate restructuring and insolvency, and Chan Kheng Tek from PwC Singapore.
From our perspective, the application means that Samtrade FX's management (at least the ones who aren't currently incarcerated) believe that the company's problems with the Singapore regulator and police are not likely to be resolved in the near term, requiring outside managers for the company.
It also means that client assets at Samtrade FX are not likely to be unfrozen any time soon. The judicial managers are there to find and secure client assets, match them against what is supposed to be there based on company records and client claims, and then (eventually) return money to Samtrade FX's clients.
No mention was made of Samtrade FX's ASIC licensed operations in Australia, Samtrade (Australia) Pty Ltd, which as far as we can tell remain intact.Samtrade FX was raided in late December, following a joint investigation by the Monetary Authority of Singapore (MAS) and the Singapore Police Force. Three of the company's management team were arrested, including (we believe) the company's CEO and controlling shareholder, Sam Goh.
The action was taken as Samtrade FX was operating out of Singapore without holding a financial services license in the country. The authorities also noted that there is reason to suspect that irregular trading activities have been carried out on the platform.
FILING OF COURT APPLICATION FOR JUDICIAL MANAGEMENT AND APPOINTMENT OF INTERIM JUDICIAL MANAGERS
1. Reference is made to our corporate statement dated 3 January 2022.
2. Our counsel, Messrs Rajah & Tann Singapore LLP, have proceeded to file court applications with the High Court of Singapore on behalf of the following entities to place them into judicial management on 20 January 2022:and to appoint Mr Goh Thien Phong from GTP Advisory PAC and Mr Chan Kheng Tek from PricewaterhouseCoopers Advisory Services Pte Ltd jointly and severally as interim judicial managers.
3. We will provide further updates after the Court has fixed a hearing date for the respective applications.
4. Further updates on material developments will also be provided, as and when appropriate.
Although earlier versions of MetaTrader date back to 2002, the ever so popular MetaTrader4, or as it is often called MT4 was released in 2005 and has been updated numerous times since then. The first MetaTrader5 or MT5 was launched in 2010 and has been operating in parallel with MT4. However, trader loyalty towards MT4 remains solid and the large majority of brokers around the world offer it to their customers.
A 2020 survey identifies MT4 as the most popular trading platform in the world, with a staggering 57% of survey respondents stating that it was their platform of choice. Unsurprisingly the second most popular trading platform is MT5.So, what makes the two MetaTrader iterations so popular? And what are the differences between the two?
The short answer is that the MetaTrader platforms are easy and simple to use. We have all tried to use tools that feel more overwhelming than helpful or useful which leads to frustration and seeking other options. The MetaTrader platforms provide an unparalleled user experience along with a sleek and professional interface that enables traders to conduct their activities effectively. Furthermore, the platforms are known for their unfaltering reliability which is an essential feature in a sector that revolves around financially valuable transactions.
A crucial feature that made MT4 very popular is the availability of the Expert Advisors (EAs) programs that enable traders to customize monitoring and trading parameters according to their trading goals. This is coupled with the fact that MT4 has three execution modes (Instant Execution, Execution on Request, and Execution by Market) which give traders the ability to act swiftly or in a staggered manner to accomplish their objectives.
We must not forget that MT4 is available free of charge, in multiple languages, and fully functional on multiple devices with different operating systems.
At this point, you might be asking what distinguishes MT4 from MT5 and which option would be the best for your trading needs. Both platforms provide state-of-the-art trading experiences, however, there are a few differences. For instance, a number of markets that are available on MT5 are not available on MT4. This could be a benefit to more experienced traders seeking to trade across very specific markets. MT5 also provides more chart timeframes and indicators which are very useful for those traders seeking more in-depth market analysis. The MT5 also offers a built-in economic calendar to help traders stay on track with key events. It must also be said that MT4 uses a simpler programming language (MQL4) that traders can use to create custom EAs and indicators which might make it more accessible to more inexperienced traders. On the other hand, MT5 gives a higher level of flexibility for traders seeking to create more sophisticated commands.
So ultimately, your choice between the two will depend on the trading objectives that you are setting out for yourself and at which point of your trading trajectory you are on.
Ready to enhance your trading experience? Vital Markets is the cutting-edge forex broker that offers you MT4 and MT5 trading for desktop or mobile devices, Andriod, or iOS. It’s time to trade with the leaders of the pack. Sign up here today.
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