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The Dow Jones Industrial Average (DJIA) scorched 700 points higher on Friday after a close-enough-to-expectations print in US Personal Consumption Expenditures
In Friday's session, the Australian Dollar (AUD) slightly recovered against the USD, as AUD/USD rebounded to 0.65515 due to corrective activities
On Friday, the US Dollar, as depicted by the DXY, displayed some resilience despite encountering daily losses post the release of
The Mexican Peso trimmed some losses against the US Dollar on Friday, yet it’s set to end the week with over
The Canadian Dollar (CAD) found little support on Friday, easing back against most of its major currency peers as global markets
United States Baker Hughes US Oil Rig Count increased to 482 from previous 477
The Pound Sterling clings to minuscule gains on Friday after the latest inflation report in the United States (US) reinforced investors'
Executive Board member of the European Central Bank (ECB) Isabel Schnabel hit the wires late on Friday noting that a single
Gold has fallen in recent days, but after a price increase of almost $200 between the end of June and mid-July,
Oil prices remained at just over $80, a barrel of Brent crude was temporarily as cheap as it was last at
The Pound Sterling clings to minuscule gains on Friday after the latest inflation report in the United States (US) reinforced investors'
The price of a barrel of Brent crude temporarily traded at just over $80, close to the perceived ‘pain threshold’ of
The Pound Sterling (GBP) has nudged a little higher in quiet Asian and European trade after closing on the lows yesterday,
The Euro (EUR) is flat on the day and down only modestly on the week as it holds a neutral range
The Canadian Dollar (CAD) is slightly firmer on the session and while it remains down (0.6%) on the week versus the
US Core PCE, the Fed’s preferred measure of inflation, was unchanged in June at 2.60% y/y, while monthly personal income fell
Forex sentiment analysis: Dive into the latest data on GBP/USD, AUD/USD, and USD/JPY. How are retail traders positioned in these major
Discover what to expect from Apple’s Q3 earnings report on 2 August, with a focus on financial forecasts, share repurchases, and
US real gross domestic product (GDP) increased at a rate of 2.8% in the second quarter of 2024, beating market forecasts,
Tesla issued a disappointing set of Q2 earnings last night, driving the stock price lower.
USD/JPY bearish trend accelerates. Examine key support levels, BoJ meeting probabilities, and the yen's resurgence in the forex market.
The German Composite PMI fell to a four-month low and back into contraction territory in July, strengthening the case for further
Meta is scheduled to report its second quarter (Q2) earnings after the market closes on Wednesday, July 31st, 2024
Ethereum spot ETFs have been finally given the green light to start trading, but can they replicate Bitcoin’s ETF success?
The Japanese yen outperforms the Aussie dollar in early trading as the AUD selloff continues. What does retail positioning suggest about
Alphabet, Google's parent company, is scheduled to report second quarter earnings on 23 July 2024 after US markets close. Here's a
AUD/USD bearish trend: Investigate support levels, positioning shifts, and macro factors relevant to the pair. Global politics likely to be a
Gold is trading back around the $2,400/oz. level after posting a fresh multi-decade high earlier this week. The backdrop for the
The European Central Bank left policy rates unchanged earlier, inline with market expectations, with the September meeting, and updated staff projections,
UK jobs data came in largely in line with expectations with the unemployment rate remaining at 4.4% while average earnings eased
EURUSDUSDJPY:GBPUSD:USDCHF:USDCAD:AUDUSD and NZDUSD This article was written by Greg Michalowski at www.forexlive.com.
US stocks close the week with gains on the day. S&P and Nasdaq lower for the week.Next week will be the
The US stocks have closed the week with gains on the day. The S&P and the Nasdaq remain lower on the
The US stocks are moving lower with the broader S&P and Nasdaq indices below the midpoint of the days trading ranges.
Next week will be a key earnings release week. 4 of 7 of the Magnificent 7 will be released with Microsoft,
The Baker Hughes rig count for the current week is showing:Oil rigs +5 to 482Gas -2 to 101Total rigs, +3 to
The USDCHF moved lower this week helped by flight to safety flows after strong selling in the equity markets. That move
ECBs Schnabel is speaking and she says: services inflation is showing that the last mile inflation fight is especially difficultSome data
The major European indices have bounced back in trading today with all the indices higher. A snapshot of the closing levels
The Atlanta Fed GDPNow growth tracker for Q3 is out with its initial estimate. It sees Q3 growth at 2.8%.In their
The USDCAD broke above the "Red Box" that I have been talking about for weeks and weeks. That led to buying
The AUDUSD and NZDUSD have been running in tandem this week to the downside, but the NZDUSD has seen more downside
Prior month 68.2Current condition 62.7 versus 64.1 preliminary and 65.9 last month.Expectation 68.8 versus 67.2 preliminary, and 69.6 last month1 year
Market OverviewToday’s session on the stock market showcased a distinct dichotomy, with the tech sector experiencing a notable surge, led primarily
As the opening bell rings on the major US exchanges, the major indices are trading higher. Having said that the NASDAQ
Data source: FXStreet, Finance Magnates, DailyFX, Investing.com, Forexlive and Action Forex
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