AUD/USD dropped close to 100 points in the Asian session but has recovered and is trading in positive territory. Australia’s labour market remains solid Australia released September’s employment report earlier Thursday, which indicated that the Read more…
USD/JPY continues to gain ground USD/JPY is almost unchanged today but hit a milestone in the Asian session as it briefly darted above the 150 line, which has psychological significance. This marked the yen’s lowest Read more…
High possibility of Japanese government intervening in FX market as the JPY value hits its lowest level since 1990 Despite the intervention of the Central Bank of Japan in the FX market last month to Read more…
“Based on our revenue performance in the first three quarters, we now see constant-currency revenue growth above our mid-single-digit model for the year,” said CFO Jim Kavanaugh. IBM (IBM) – Get International Business Machines Corporation Read more…
“On the delivery side, we do expect to be just under 50% growth due to an increase in the cars in transit at the end of the year,” said CFO Zach Kirkhorn. Tesla (TSLA) – Read more…
Stock futures slip lower as Treasury yields extend climb; Tesla slides on Q3 revenue miss, doubt over 2022 delivery target; IBM jumps after Q3 revenue beat, full-year outlook; AT&T earnings in focus amid network expansion Read more…
Stocks found some resistance in the last few sessions as US yields keep moving higher. However, the notice that yields are coming out of a triangle so it can be a final leg up in Read more…
AUDUSD could not successfully exit the consolidation area of 0.6200-0.6300 despite starting the week on a positive note, with the price remaining exposed to its 30-month low of 0.6169. The RSI is lacking direction below Read more…
WTI oil futures (December delivery) have been experiencing a prolonged decline since mid-June, while their two latest rebounds fell short at the lower boundary of the Ichimoku cloud. However, the commodity seems to be gaining some ground Read more…
The current Gold chart suggests the development of a large correction pattern, which takes the form of a cycle triple zigzag. The 1H timeframe shows the structure of the bearish cycle intervening wave x, which Read more…