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Forex
US Retail Sales rise 0.6% in June vs. 0.1% expected
US Retail Sales rose at a stronger pace than expected in June.US Dollar Index continues to edge higher toward 99.00.Retail Sales in the US increased by 0.6% on…
Gold attempts a recovery after a rejection of $3,300 support but Dollar strength limit gains
Gold price recovers a portion of losses after a rejection of $3,300.Interest rate expectations and rising yields support the Dollar, limiting bullion…
MU Elliott Wave technical analysis [Video]
MU Elliott Wave analysis
Function: Trend.
Mode: Motive.
Structure: Impulsive.
Position: Wave (v) of {v}.
Direction: Uptrend.
Details: Price expected to…
AMD Elliott Wave technical analysis [Video]
AMD Elliott Wave technical overview
Function: Trend.
Mode: Impulsive.
Structure: Motive.
Position: Wave (v) of {iii}.
Direction: Potential Top in Wave…
USD/JPY climbs as resilient Retail Sales beats estimates with Fed comments in focus
USD/JPY rebounds as Fed-BoJ divergence continues to weigh on the safe-haven Yen.US Retail Sales smash estimates, rising 0.6% vs 0.1% forecast, reducing the…
Are stocks still forming a top?
The S&P 500 continues to consolidate - what’s next?
Stocks pulled back on Wednesday as some profit-taking occurred, but the S&P 500 index still closed…
EUR/GBP approaches 0.8660 support area again, weighed by strong UK inflation data
Euro upside attempts remain limited on Wednesday, with the Pound buoyed by strong UK inflation.UK inflation posted its largest Y-o-Y increase in a year and a…
USD rebound stalls, inflation concerns persist – Scotiabank
After gaining steadily since the start of the month, the USD’s rebound may be showing clearer signs of at least stalling this morning. The USD is trading mixed…
EUR/USD stalls near three-week lows with all eyes on the US PPI release
The Euro corrects higher on Wednesday against the US Dollar following a 0.5% decline on Tuesday.Higher US consumer prices confirmed the inflationary effect of…
USD/JPY: Sustained break above 149.30 is unlikely – UOB Group
There is room for US Dollar (USD) to rise further against Japanese Yen (JPY), but a sustained break above 149.30 is unlikely. In the longer run, conditions…