“Were dysfunction in this market to continue or worsen, there would be a material risk to UK financial stability,” the BoE said. The Bank of England said Wednesday that it will carry out emergency purchases Read more…
Stock futures resume slump on rate hike, recession concerns; Apple shares slide on report of waning iPhone demand; Biogen shares soar after positive results from Alzheimer’s trial; Elon musk seeks to overturn sec rule on Read more…
The Euro hit new marginally lower 20-year low in early Wednesday, as risk assets fell in Asia, lifting the dollar to new high. Technical studies show indicators on daily chart in full bearish setup, with Read more…
NZDUSD has been trending lower since March, generating a profound structure of lower highs and lower lows. Moreover, in the past few sessions, the technical picture has deteriorated even further, with the price recording a Read more…
ECB President Christine Lagarde said in a conference today, “we have to return inflation to 2% in the medium term, and we will do what we have to do, which is to continue hiking interest Read more…
An unofficial render of what the Galaxy S23 could look like. | Image: OnLeaks / Digit Unofficial renders of Samsung’s next flagship smartphones suggest it could be about to ditch the camera bumps seen on Read more…
USDJPY is back on the mission to fight against the 145.00 crucial ceiling after fully recouping the Bank of Japan-led decline to 140.34 last week. Even though the stochastics are positively charged, the RSI and the MACD Read more…
EUR/USD The bulls’ attempts to limit the sell-offs remain unsuccessful and the sellers are currently testing the support at 28952. If they manage to successfully breach it, then their next move would be for an Read more…
The current Gold chart shows a large correction pattern, which takes the form of a cycle triple zigzag. The last section of the chart shows the structure of the bearish cycle intervening wave x, which Read more…
The FTSE 100 struggles over UK rate rise worries to support a battered pound. A fall below the critical area and psychological level of 7000 is a strong signal that the market has slipped into Read more…