The latest US employment report will hit the markets at 12:30 GMT Friday. Forecasts and business surveys point to another solid report, although there are some signs that the labor market might be running into Read more…
USDJPY reversed from support level 127.00 Likely to rise to resistance level 129.65 USDJPY recently reversed up from the key support level 127.00 (which stopped wave (ii) in April), intersecting with lower daily Bollinger Band Read more…
NZDUSD reversed from resistance level 0.6535 Likely to fall to support level 0.6425 NZDUSD recently reversed down from the key resistance level 0.6535 (top former multi-month low from January). The resistance area near the resistance Read more…
For the past several days, Gold’s price showed a rather muted reaction to the general news and shied away from major price swings. However, traders’ interest in the Gold market remains unending and the recent Read more…
US futures are set for a negative start, parring some of last week’s impressive gains with the Fed’s tightening plans in focus and the prospect of higher inflation as the EU bans most Russian oil Read more…
The euro is seeing red on Tuesday and dropped below the 1.07 line earlier. In the North American session, EUR/USD is trading at 1.0707, down 0.67% on the day. EU to block most Russian oil Read more…
Cable holds in red on Tuesday, as dollar rose on month-end demand, while weaker than expected UK mortgage approvals data added to negative near-term tone. Traders also worry that soaring inflation may significantly hurt consumer Read more…
Ark Innovation has dropped 54% this year but has enjoyed inflow of $1.2 billion over the past six months. Renowned investor Cathie Wood, chief executive of Ark Investment Management, for a second day bought big Read more…
The Royal Caribbean cruise line has been slowly but steadily making a major change to its fleet — and it one-ups Carnival and Norwegian. The pandemic forced Royal Caribbean (RCL) – Get Royal Caribbean Group Read more…
US Conference Board Consumer Confidence dropped slightly from 108.6 to 106.4 in May, above expectation of 107.3. Present Situation Index dropped from 152.9 to 149.6. Expectations Index dropped from 79.0 to 77.5. “Consumer confidence dipped Read more…