The GBPUSD buyers had their shot to make a move today. After bouncing off a key support level at 1.2938, the price surged higher, breaking above the 100 hour MA, 100 day MA, and 200 hour MA. However, despite achieving this technical breakthrough, the buyers failed to sustain momentum. On two separate occasions, the price […]
GBPUSD can’t keep upside momentum above 200 hour MA. Read More »
S&P 500 futures are flat as we look towards the start of European morning trade later. It’s a quiet one for now, following the slight advance from yesterday. Higher yields continue to be a key consideration for stocks at the moment. But for trading this week, it’s going to be a rather tricky one. We
US futures stay more muted so far on the day Read More »
Oil prices tumbled and global stocks rose Monday on relief that Israel’s strikes on Iran avoided the country’s energy infrastructure. Israel spared oil and nuclear facilities in its air strikes on Iranian military targets Saturday, easing investor concerns about the extent of Israel’s retaliation to Tehran’s October 1 missile barrage. “Investors breathed a sigh of
Oil prices tumble, global stocks rise as Iran fears ease Read More »
While Yen remains the weakest performer today, it has managed to recover part of its initial losses following the weekend’s inconclusive election. Investor sentiment stabilized somewhat on hopes that Japan’s Liberal Democratic Party could still secure a majority in the lower house through a coalition with Komeito and smaller parties. Reports suggest that the government
Yen Stabilizes Amid Political Speculation as Wage Growth Hits Record Levels Read More »
A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative (FII) forum. Fayez Nureldine | Afp | Getty Images Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom’s Future Investment Initiative,
In this article F Follow your favorite stocksCREATE FREE ACCOUNT A Ford F-150 Lightning electric pickup truck is displayed for sale at a Ford dealership on August 21, 2024 in Glendale, California. Mario Tama | Getty Images DETROIT — Ford Motor is set to report its third-quarter earnings after the bell Monday. Here is what