Microsoft and Meta beat Q1 estimates, fueling AI-linked stock surge and tech-led Dow rally. ISM Manufacturing PMI contracts; jobless claims hit highest since February, raising slowdown...
The USD/CHF is trading lower, hovering near the week’s lows, as recession fears and weak Chinese PMIs weigh on sentiment. US GDP contracted in Q1, PCE...
Earnings from the tech giants dominate the week, with Microsoft and Meta taking the field today. After a year of AI-fuelled hype, investors want proof that...
GBP/USD slips below 1.34 as risk rally fades, US data disappoints The Pound Sterling depreciates against the US Dollar and falls after testing the year-to-date (YTD)...
The Japanese Yen (JPY) weakened by 0.5% against the dollar, underperforming even fellow haven currencies, as markets brace for soft domestic data and upcoming US-Japan trade...
JPM Elliott Wave technical analysis Details: JP Morgan (JPM) appears to have completed wave 2, setting the path for further upside within wave 3 of Primary...
GBP/USD slips despite strong UK Retail Sales as USD dominance prevails The Pound Sterling registers losses against the strong US Dollar, yet it remains above 1.3300....
EURUSD trades near the 1.1400 area, slipping slightly after the European session. The bullish bias persists despite mixed short-term momentum signals. Resistance seen around 1.1378; support...
GBP/USD rebounds past 1.3300 as US-China tensions rattle US Dollar The Pound Sterling recovered some ground versus the US Dollar on Thursday as market participants grew...
AUD/JPY trades near the 91.00 zone after bouncing within Wednesday’s range. The broader trend remains bearish amid pressure from longer-term moving averages. Key resistance is seen...
The US Dollar Index may retest the psychological support at 99.00, followed by 97.91, its lowest point since March 2022. An upward correction is emerging, marked...
EUR/USD may revisit the four-year high at 1.1573. The 14-day RSI remains above 70, indicating overbought conditions and hinting at a potential downward correction. Immediate support...
Euro edges higher amid US Dollar pressure after the White House pushes tariffs on Chinese ships, fueling global trade risks. Trump reportedly furious with Fed Chair...
Gold rallies $90 this week as the US Dollar weakens amid rising trade tensions and geopolitical risks. Fed’s Daly says policy is still restrictive; neutral rate...
GBP/USD Forecast: Pound Sterling remains on track to post weekly gains GBP/USD moves sideways in a tight channel above 1.3250 in the European session on Friday...
Mexican Peso soars as USD/MXN drops 1.14% amid weaker US Dollar. Trump and Sheinbaum describe call as “very productive,” boosting sentiment and reducing near-term tariff risks....
Market shudders as UnitedHealth cuts 2025 guidance by more than 10%. Largest US insurer sees major rise in healthcare expenses. UNH stock gets hit by historic...
The Bank of Canada leaving policy on hold on Wednesday provided a minor boost for the Canadian Dollar (CAD) but the pair has nudged a little...
NEE Elliott Wave technical analysis Function: Counter trend. Mode: Corrective. Structure: Flat. Position: Wave (C) of 2. Direction: Bottoming in Wave (C). Details: Intermediate wave (C) appears to be near completion within a...
NVDA stock lost as much as 10% on Wednesday, sinking near $100. The company said late Tuesday that the Trump administration would be curbing its export...