Updated at 6:32 AM EST Lowe’s Companies (LOW) – Get Free Report posted better-than-expected third quarter earnings Tuesday, but trimmed its full-year profit forecast while echoing Home Depot’s (HD) – Get Free Report warning that consumers are Read more…
PMI survey prints will be released on Thursday amidst volatile political environment Wednesday’s Autumn statement is key as another government crisis could unfold soon Pound does not enjoy the increased domestic risks, especially as BoE Read more…
The current bullish movement seen in the US Nasdaq 100 is primarily driven by an ongoing multi-week slide in the US 10-year Treasury yield. Market breadth has improved remarkably where the number of component stocks Read more…
RBA says rate hike was needed to avoid larger increases Fed releases meeting minutes later today The Australian dollar continues to rally. In the European session, AUD/USD is trading at 0.6567, up 0.15%. The Aussie Read more…
U.S. equity futures edged lower Tuesday, while the dollar tested three-month lows against it global peers and Treasury yields held steady, as investors looked to the release of minutes from the Federal Reserve’s November rate Read more…
On Monday, gold (XAU) price dropped to 1,965 but later recovered sharply on the back of falling U.S. Treasury yields. Possible effects for traders XAUUSD has gained more than 2% over the past six trading Read more…
On Monday, the Australian dollar (AUD) surged by 0.74% and settled above the critical 0.65500 level as investors continued to close their bullish bets on the U.S. dollar, believing the Federal Reserve (Fed) has finished Read more…
GBPUSD overcomes 1.2500 key barrier RSI and MACD continue bullish bias The 20- and 50-day SMAs posted positive cross GBPUSD is looking to resume its bullish trend as the price is creating the third consecutive Read more…
Daily Pivots: (S1) 184.53; (P) 185.66; (R1) 186.68; More… Intraday bias in GBP/JPY is now mildly on the downside as fall from 188.26 is extending. But strong support could be seen from 183.79 to bring Read more…
Daily Pivots: (S1) 161.57; (P) 162.56; (R1) 163.35; More…. Intraday bias in EUR/JPY is now on the downside as fall from 164.92 extends. Deeper decline would be seen, but downside should be contained well above Read more…