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Markets
Tumbles below 156.00 as US economy slows down
USD/JPY makes a U-turn and tumbles over 0.54% on Tuesday as investors grew confident that the Federal Reserve will cut rates at the December meeting, following a soft US inflation…
Euro strengthens on softer US figures, dovish repricing intensifies
EUR/USD registers solid gains of over 0.51% on Tuesday, boosted by a weaker US Dollar, as data reinforced traders’ speculation that the Federal Reserve might reduce rates at the…
SP500 Elliott Wave update: Is the correction over?
We have been monitoring the SP500 (SPX) to reach approximately 7120 in an Elliott Wave (EW) Principle impulse (five-wave) move upward from the early April lows for a more…
Gold climbs on stalling inflation, weak spending, and Fed cut bets
Gold (XAU/USD) climbs over 0.14% on Tuesday after US economic data augmented speculation of a rate cut by the Federal Reserve (Fed) at the December 9-10 meeting. Also, falling US…
USD/CHF steady as US Dollar dips, Swiss Franc unwinds defensive gains
USD/CHF holds near 0.8080 on Tuesday at the time of writing, with the pair showing little direction with simultaneous weakness in both the US Dollar (USD) and the Swiss Franc…
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AUD/USD dips as Australian CPI looms, Fed rate cut bets pressure USD
AUD/USD trades around 0.6450 on Tuesday, down 0.30% on the day at the time of writing. The pair pulls back after two consecutive days of gains as traders adopt a more cautious tone…
USD/JPY slips as Yen gains on intervention talk, US data disappoints
The Japanese Yen(JPY) trades on the front foot against the US Dollar (USD) on Tuesday, with USD/JPY pressured by intervention chatter in Tokyo and a weaker Greenback following soft…
Celsius is down over 36% from earnings — My key support levels here
Celsius Holdings (CELH) has been on a sharp slide lately, dropping more than 36% since its post-earnings breakdown. Heading into the report, I was watching the stock trade inside…
Schroders chief issues staunch defence of London equity market
Stay informed with free updatesSimply sign up to the Fund managementmyFT Digest -- delivered directly to your inbox.Schroders chief executive Richard Oldfield has warned against!-->!-->…