NZD/USD traded around 0.5615 in early Asian dealing as the US Dollar softened alongside easing US Treasury yields. Fed officials signaled more tightening is likely needed to curb inflation, but left ...
Ethereum traded at $2,470 after dropping nearly 4% and falling below $2,500, marking a third straight day of losses. US spot ETH ETFs saw roughly $565 million in net outflows over seven consecutive ...
Despite the modest rebound in GBP/USD, the UK’s fiscal situation remained a key headwind for the Pound. The country’s long-term borrowing costs reached their highest levels since the 1990s last week, ...
The People’s Bank of China set the USD/CNY central parity at 6.7330 for Friday’s session. The new fixing compared with the prior day’s rate of 6.7367. The 6.7330 level came in below a Reuters estimate ...
Another closely watched indicator is the Moving Average Convergence Divergence (MACD). This measure compares two moving averages of different lengths to gauge whether buying pressure is accelerating ...
Dollar-Yield Strength Limits USD/CHF Downside. USD/CHF stalled its three-day climb, trading around 0.8330 during Asian hours on Thursday. Despite the pause, downside appears const ...
For gold, higher interest rates tend to be a headwind. They increase the opportunity cost of holding gold rather than interest-bearing instruments or cash deposits. Elevated rates also commonly ...
The AUD/JPY cross is little changed around 100.05 during early European trading on Thursday, with price action reflecting a period of consolidation. The tone in Japanese Yen (JPY) markets has been ...
Brian McColl is a fundamental and technical analysis expert and mentor. Brian has been a part of the Forex and stock markets for more than ten years as a freelancing trader. SanDisk shares declined ...
Citi observed that earnings estimate revision momentum slowed in the second quarter and expects further deceleration in the third. Within the sector, networking, semiconductor equipment and analog ...
“Additional structural cost reduction actions are being identified and will be implemented in the coming months to help fund investments that aim to accelerate organic revenue growth and mitigate the ...
Generac Holdings (NYSE:GNRC) traded higher in pre-open dealings, with the stock up 1.2% after two Wall Street firms released upbeat research views on the same morning. Both reports highlighted the ...