Share: – DXY trades within a narrow range around 105.60 on Thursday. – The continuation of the upside momentum should retest the 106.00 zone. DXY alternates...
Share: NZD/USD hits a new three-day nadir at 0.5906, shedding 0.39% amid a broader downtrend and declining US Treasury yields. The pair faces immediate support at...
Share: Dow Jones has broken out of a three-month descending price channel. Fed’s Powell, Williams speak at event on Wednesday. Dow Jones Industrial Average gained 5.07%...
Share: EUR/GBP reaches a weekly peak, trading at 0.8711, buoyed by concerns over the UK’s economic stagnation and potential stagflation. UK GDP forecasts indicate a possible...
Share: The GBP/USD pair lacks any firm intraday direction on Wednesday and oscillates in a narrow band below the 1.2300 mark during the Asian session. Spot prices,...
Share: EUR/USD trades at 1.0696, down by 0.20%, as negative sentiment surrounding the Eurozone’s economic outlook weighs on the Euro. Disappointing industrial production in Germany stokes...
Share: Mullen Automotive stock trades 9% lower on Tuesday. On Monday, Mullen announced the start of production for its Class 1 EV van. Effective November 2, the...
Share: The AUD/USD declined to a low near 0.6400, seeing 1.05% losses Despite the hiking by 25 bps the AUD failed to gain momentum Indicators on...
Share: Silver remains under some selling pressure for the second successive day on Tuesday. The formation of a rectangle points to indecision over the next leg...
Share: EUR/USD could revisit the eight-week high at 1.0756. Euro could gain ground as the MACD line shows divergence above the signal line. A break below...
Share: The Japanese Yen weakens on Monday as the market mood turns upbeat. The BoJ gives mixed signals, saying it is normalizing on the one hand...
Share: S&P 500 gained 5.85% last week, its largest weekly gain all year. A break above 4,393 will end the S&P 500’s three-month downtrend by creating...
Share: GBP/USD Forecast: Pound Sterling could face next resistance at 1.2440 Following a quiet Asian session, GBP/USD gathered bullish momentum and touched its highest level in...
Share: Silver prices rebounded sharply, trading at $23.17, buoyed by a softer U.S. labor market report. October’s Nonfarm Payrolls and cooling wage growth hint at a...
Share: EUR/JPY advance is tempered by proximity to the year-to-date high of 160.84, with a break above potentially signaling further gains. The threat of Japanese intervention...
Share: EUR/USD rallies amid a softer US labor market, with Nonfarm Payrolls missing the 180K target. Speculation grows for Fed rate cuts in H2 2024 as...
Share: NIO gains 6% higher on falling Treasury yields, soft NFP, cost savings plan. Nio CEO William Li says Nio will cut about 10% of its employees....
Share: The GBP/USD is climbing into the 1.2400 handle to cap off a trading week that saw the pair mostly flounder around the averages. After US...
Share: USD/CHF drops sharply, signaling potential end to Fed’s rate hikes with investors favoring CHF. Pair’s fall below the 50 and 200-day moving averages at 0.9000...
Share: Silver remains under some selling for the second straight day and drops closer to the weekly trough. The technical setup favours bearish traders and supports...