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Markets
Dow Jones 150 points after cooler PCE inflation print
The Dow Jones Industrial Average (DJIA) made slim gains on Friday, climbing another 150 points and ending a moderately bullish week near the 48,000 handle. US Personal Consumption…
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Gold slips from earlier highs as Dollar firms after steady US PCE data
Gold (XAU/USD) erases earlier gains on Friday as a firmer US Dollar (USD) tempers bullish momentum, with the metal oscillating within the familiar range that has defined price…
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Netflix (NFLX) buys Warner Bros (WBD), stock in major trouble
Shares of Netflix (NFLX) are under pressure, dropping over 3% following the announcement that it has reached a deal to acquire Warner Bros. Discovery (WBD). The acquisition is…
EUR/USD pulls back as Greenback finds support following latest US data
The Euro (EUR) trims earlier gains against the US Dollar (USD) on Friday as the Greenback firms following the latest set of US economic releases. At the time of writing, EUR/USD is…
Sellers dominate as momentum turns decisively bearish
EUR/GBP remains under pressure on Friday as the Euro (EUR) continues to soften against a broadly supported British Pound (GBP). Sterling has held firm since the UK Autumn Budget,…
USD/CAD slides to a two-month low after Canada’s jobs beat; eyes on US PCE
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Friday as a stronger-than-expected Labour Force Survey boosts sentiment around the Loonie. At the time of…
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EUR/JPY rebounds on stronger Eurozone data, soft Yen
EUR/JPY recovers from early lows on Friday as the Japanese Yen struggles to benefit from growing expectations of a Bank of Japan (BoJ) rate hike. At the time of writing, the pair…