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Forex
Yen weakness should be limited in the near term – UBS
Speculative investors’ short Japanese Yen (JPY) positions are close to a record. USDJPY could see bouts of pullbacks if US data continues to point to a soft…
QuantumScape Stock Forecast: QS shares blast off 17% in second day of Volkswagen production rally
QuantumScape stock rises another 17% on Friday, following Thursday's 30% run.
Wall Street cheers on battery maker, loves capital-light strategy.
NASDAQ,…
US Dollar prolongs losses despite strong PPI data
US Dollar continues losing ground in light of weak CPI figures and UoM data.
Markets still foresee a September rate cut.
Despite hot PPI data, US Treasury…
CHF: SNB is likely near the end of its easing cycle – UBS
Swiss National Bank (SNB) seems to be near the end of its easing cycle, and the Swiss Franc (CHF) should appreciate against both the US Dollar (USD) and the…
Mexican Peso mixed in most-traded pairs after Banxico Minutes
The Mexican Peso trades mixed in key pairs after the release of the Banxico June meeting Minutes.
The Peso is higher against the US Dollar but is down…
EUR/USD holds strength near 1.0900 despite hotter-than-expected US PPI
EUR/USD holds gains on dimishes fears of widening French financial crisis.
ECB officials refrain from commiting a specific rate-cut path.
Hot PPI and soft…
Pound Sterling Price News and Forecast: GBP/USD approaches key resistance [Video]
GBP/USD Forecast: Pound Sterling approaches key resistance
After closing the day decisively higher on Thursday, GBP/USD continued to edge higher and touched…
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Friday, according to FXStreet data.
Silver trades at $30.80 per troy ounce, down
2.08% from the $31.46 it cost on…
Spotify Technology S.A. (SPOT) Elliott Wave technical analysis [Video]
SPOT Elliott Wave technical analysis
Function: Counter Trend.
Mode: Corrective.
Structure: Flat.
Position: Wave 4.
Direction: Bottom in wave 4.
Details: …
Pound Sterling grips gains above 1.2900 driven by increased Fed rate-cut bets
The Pound Sterling holds strength against the US Dollar as Fed rate cuts become appropriate for this year.
Softer-than-expected US inflation boosts hopes of…