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Forex
Microsoft delivers steady growth, but MSFT stock drifts lower on slowing Azure growth
Micrsoft stock fell as much as 6% on Thursday after reporting fiscal Q1 earnings.
CEO Satya Nadella's company easily beat Wall Street consensus for revenue…
Dow Jones Industrial Average sinks over 200 points on risk aversion
Dow Jones index pressured by rising Treasury yields and significant losses in Microsoft (-5.37%) and Meta (-4%) amid disappointing mega-cap tech guidance.…
US Dollar soft ahead of NFPs
US Dollar continues struggling as buyers take a breather.
US PCE Prices Index fell to 2.1% yearly in September, while the core inflation remains steady at…
Forex Today: The continuation of the Dollar rally now looks at US NFP
The US Dollar lost additional momentum on Thursday, primarily as the Japanese yen gained strong support following a slightly hawkish tone from the BoJ meeting,…
Pound Sterling Price News and Forecast: GBP/USD tumbles to two-month low, traders ditch GBP on UK’s budget
GBP/USD Price Forecast: Tumbles to two-month low, traders ditch GBP on UK's budget
The Pound Sterling dropped to a new two-month low of 1.2885 against the…
Gold rolls over and sinks 1.5% after reaching milestone high
Gold plummets after topping at a new record high of $2,790 on Thursday.
The yellow metal sees downside pressure from rising US Treasury bond yields…
Canadian Dollar continues struggling after GDP data
USD/CAD regains footing as anticipation for another Bank of Canada interest rate cut mounts due to flat economic growth in August.
US PCE core inflation…
GBP/USD Price Forecast: Tumbles to two-month low, traders ditch GBP on UK’s budget
GBP/USD breaks below the 100-day SMA at 1.2975, with further downside possible if it closes below the 1.2900 mark.
Key support lies at 1.2885, with the…
EUR/USD gains further on robust Eurozone GDP growth, hot inflation
EUR/USD rises further around 1.0890 on Eurozone upbeat GDP growth and hot inflation.
ECB Lagarde sees more interest-rate cuts and said she is hopeful about…
Are crude oil markets fairly valued? – TDS
Clearly, the market has now nearly priced out the entire rise in supply risk premia associated with the conflict in the Middle East. Traders have concluded…