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Forex
Pound Sterling gives back majority gains against US Dollar on upbeat US NFP
The Pound Sterling surrenders its intraday gains against the US Dollar after the release of the US NFP data for April.Hopes of a de-escalation in the trade war…
DuPont de Nemours (DD) tops Q1 earnings and revenue estimates
DuPont de Nemours came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.95 per share. This compares to earnings of…
Stocks advanced again but uncertainty lingers
Will S&P 500 continue higher despite mixed economic data and cautious guidance from tech giants? The S&P 500 gained 0.63% on Thursday, extending its…
Looking at a cyclical bull market
Let’s start this Friday off by sifting through the noise, providing some perspective (as opposed to freaking out after watching an episode of your favorite…
GBP/USD rebounds despite strong US NFP report, market doubt immediate Fed cuts
US adds 177K jobs in April, beating forecasts but trailing March’s revised print of 185K.Trump pressures Fed to cut rates, though data may delay policy shift…
AUD/USD soars to YTD high as DXY slumps despite solid US jobs report
US NFP beats at 177K, but Fed seen delivering only three cuts instead of four.DXY drops 0.58% to 99.59, fueling demand for risk-sensitive currencies like the…
USD/CAD dips as easing trade tensions and soft US data weigh on Greenback
The USD/CAD is trading lower around the 1.3800 area, giving up recent gains amid a broadly weaker US Dollar and improving risk sentiment.US Nonfarm Payrolls…
EUR/USD Price Analysis: Euro climbs toward 1.1400 but faces mixed momentum signals
EUR/USD was seen around the 1.1400 zone after advancing post-European session on Friday.Bullish outlook remains intact, though momentum indicators point to…
Apple stock sells off as Tim Cook projects $900 million tariff bite
Apple stock gives way as $900 million tariff cost poses a concern.CEO Tim Cook said he could not project tariff effects beyond the June quarter.Nonfarm…
ECB’s De Guindos: Keeping a close eye on exchange rate
European Central Bank (ECB) Vice President Luis de Guindos said in an interview with Germany’s Die Presse that there are no signs of weakening in the European…