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Forex
GameStop stock gets slammed by early earnings release, 75 million share sale
GameStop files to sell 75 million shares of GME.
GME stock drops 18% in Friday premarket.
GameStop reports major Q1 misses on top and bottom lines.
Keith…
GBP/USD Price Analysis: Struggles at 1.2800 and tumbles toward 1.2720s post-NFP
GBP/USD pukes following stellar US NFP data report.
The pair trades at around weekly lows, sellers eye 1.2694.
Near-term momentum favors sellers, as RSI…
Natural Gas regains control of rally and locks in Friday’s gains
Natural Gas price swings back up and gains 3%.
Egypt has issued a bigger than expected tender for more than 15 LNG cargoes.
The US Dollar Index snaps…
Pound Sterling Price News and Forecast: GBP/USD struggles at 1.2800 and tumbles toward 1.2720s post-NFP
GBP/USD Price Analysis: Struggles at 1.2800 and tumbles toward 1.2720s post-NFP
The British Pound plunged against the US Dollar after the US Bureau of Labor…
US Dollar rallies on stronger than expected NFP and wage inflation data
USD maintains its momentum, rising by more than 0.70% on Friday.
US Nonfarm Payrolls exceeded market expectations in May, showing a robust recovery in the…
Gold extends decline after US Nonfarm Payrolls beats expectations
Gold price declines after the release of US Nonfarm Payrolls data for May, shows a higher-than-expected change in employment and wages.
Gold was already…
Silver Price Forecast: XAG/USD nosedives below $30 as strong US NFP report boosts US yields
Silver price drops vertically below $30.00 as US yields soar after upbeat US NFP report for May.
Both job and wage growth beat estimates.
Pause in PBoC’s…
USD/CAD Price Analysis: Threatening to break out of triangle price pattern
USD/CAD is attempting to break out of a triangle price pattern and push higher.
A decisive breakout would reaffirm 2024’s uptrend and begin a new more…
Pound Sterling weakens against US Dollar after upbeat US NFP report
The Pound Sterling faces an intense sell-off against the US Dollar after upbeat US NFP data for May.
Strong US NFP report has negatively impacted…
Breaking: US Nonfarm Payrolls rise 272,000 in May vs. 185,000 expected
Nonfarm Payrolls (NFP) in the US rose 272,000 in May, the US Bureau of Labor Statistics (BLS) reported on Friday. This reading followed the 165,000 increase…