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Forex
EUR/USD tests further into the red, approaches 16-week low
EUR/USD lost another sixth of a percent on Tuesday, dipping below 1.0800.
ECB Lagarde’s middling comments did little to support Fiber bids.
EU and US PMI…
NZD/USD Price Analysis: Buyers recover, oversold RSI signals potential upturn
NZD/USD recovers and seems some gains after Monday’s losses.
Oversold RSI hints at potential corrective upswing.
The potential correction might take the…
Gold prices near $2,750 amid risk aversion on US election concerns
Gold price surges to an all-time high, nearing the $2,750 mark, supported by geopolitical tensions and expectations of further Fed rate cuts.
Despite rising…
Mexican Peso climbs despite signs of cooling economy
Mexican Peso recovers despite INEGI reporting a sharp decline in August economic activity, reinforcing IMF’s lowered 1.5% growth forecast.
Mid-month…
EUR/USD tumbles below 1.0800 on high US yields, ECB officials’ remarks
EUR/USD falls as climbing US Treasury yields and risk-off sentiment bolster the US Dollar.
ECB members hint at potential rate cuts, with President Lagarde…
Dow Jones Industrial Average struggles to find momentum on Tuesday
The Dow Jones waffled near the 43,000 handle on Tuesday.
Equities are grappling with an uptick in yields.
A lack of confident tone from Fed officials…
USD/JPY Price Forecast: Fluctuates around 151.00, tests key technical levels
USD/JPY flirts with the 151.00 level, driven by rising US Treasury yields but held back by key resistance at the top of the Ichimoku Cloud.
Momentum remains…
Pound Sterling Price News and Forecast: GBP/USD dives below 1.3000 and tests 100-DMA
GBP/USD Price Forecast: Dives below 1.3000 and tests 100-DMA
The Pound Sterling extended its losses against the US Dollar for two straight days, with sellers…
Oil: Geopolitical tensions remain at a boil – TDS
Crude oil markets may feel oversold, but trend following models hold a war chest of dry-powder to deploy in either direction, TDS’ Senior Commodity Strategist…
AI stocks on the rise: How to invest in AI in 2024
You must have caught the frenzy that surrounds AI firms if you are an investor or if you feel like investing soon. The shares of those companies are on the…