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Forex
Dr Reddy’s Laboratories – DRREDDY Elliott Wave Technical Analysis
Dr Reddy’s Laboratories Elliott Wave technical analysis
Function: Bullish Trend.
Mode: Impulsive.
Structure: Navy Blue Wave 1.
Position: Gray Wave 3.…
USD/CHF drops to near 0.8250 as US Dollar retraces gains due to growing debt concerns
USD/CHF trades lower as the US Dollar struggles due to growing concerns over the fiscal deficit in the United States.The Congressional Budget Office expects…
USD/INR attracts some sellers on weaker US Dollar
Indian Rupee rebounds in Friday’s early European session. Weaker US Dollar lifts the INR, but likely foreign outflows might cap its upside.Traders brace for…
Why advance auto parts stock spiked 57%
Advance Auto Parts (NYSE:AAP) stock was having a record day on Thursday, rising a ridiculous 57% to $49 per share.
The catalyst was the first quarter earnings…
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Gold prices rose in United Arab Emirates on Friday, according to data compiled by FXStreet.
The price for Gold stood at 391.35 United Arab Emirates Dirhams…
PBOC sets USD/CNY reference rate at 7.1919 vs. 7.1903 previous
On Friday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1919 as compared to the previous day's fix of…
Japan’s Akazawa heading back to the US around May 30 for more trade talks
Japan's Economy Minister Ryosei Akazawa said on Friday that he intends to visit the US around May 30 for the fourth round of talks, Reuters with the info…
WTI declines to below $61.00 on potential OPEC+ output hike
WTI price drifts lower to near $60.75 in Friday’s early Asian session. Oil inventories rose by 1.328 million barrels in the week ended May 16, according to the…
NZD/USD holds positive ground near 0.5900 as New Zealand Retail Sales beat expectations
NZD/USD edges higher to around 0.5900 in Friday’s early Asian session.New Zealand Retail Sales beat expectations in Q1. A stronger US S&P Global PMI might…
US Dollar Index steadies near 100.00 as fiscal risks cap upside despite upbeat PMI data
DXY recovers from a two-week low after bouncing off key support at 99.50.US fiscal concerns grow after the House passed Trump’s tax bill, and Moody’s credit…