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Forex
Dollar Index remains weak as core PCE inflation rises, Personal spending fall
Dollar Index falls after the Fed's preferred measure of inflation, the core PCE, rises in May.US Dollar continues to weaken, with the DXY nearing Thursday's…
VanEck Semiconductor ETF (SMH) US ETF Elliott Wave technical analysis [Video]
SMH Elliott Wave technical analysis – Daily chart
Function: Trend.
Mode: Motive.
Structure: Impulsive.
Position: Wave (iii) of {iii}.
Direction: Upside in…
GBP/JPY Price Forecast: Gains momentum to near 198.50, bullish outlook remains intact
GBP/JPY trades in positive territory near 198.40 in Friday’s early European session. The positive view of the cross remains intact above the key 100-day EMA,…
USD/INR sets for worst weekly closing in months as US Dollar refreshes three-year low
The Indian Rupee strengthens against the US Dollar as investors reassess the Greenback’s safe-haven appeal.Trump aims to select Powell’s successor as he has…
Micron stock drops despite blowout quarter – Should you buy?
Micron Technology (NASDAQ:MU) has been one of the best performing technology sector stocks this year, returning some 48% YTD while the overall sector is barely…
US core PCE inflation set to increase in May, supporting Federal Reserve wait-and-see mode
The core Personal Consumption Expenditures Price Index is forecast to rise 0.1% MoM and 2.6% YoY in May.Headline annual PCE inflation is set to increase to…
USD/CAD Price Forecast: Remains subdued around 1.3650 due to persistent bearish bias
USD/CAD may test initial support at the eight-month low at 1.3539.The 14-day RSI remains below 50, strengthening bearish bias.The primary resistance appears at…
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Friday, early in the European session. WTI trades at $65.12 per barrel, up from Thursday’s close at…
Australian Dollar holds losses as US Dollar recovers ground ahead of PCE Price Index
The Australian Dollar offers its daily gains due to risk aversion as Iran declines to resume nuclear negotiations.President Trump may announce his preferred…
Pound Sterling Price News and Forecast: GBP/USD extended its rally and touched its highest level
GBP/USD Forecast: Pound Sterling surges, Shell banned from attempting BP takeover for six months
GBP/USD extended its rally and touched its highest level…