Daily Pivots: (S1) 1.2653; (P) 1.2724; (R1) 1.2835; More… Intraday bias in GBP/USD is turned neutral with current retreat. Some consolidations would be seen but outlook will stay bullish as long as 1.2499 support holds. Read more…
Daily Pivots: (S1) 1.0905; (P) 1.0957; (R1) 1.1044; More… EUR/USD failed to break through 1.1016 resistance and retreated notably in early US session. Intraday bias is turned neutral first. Some consolidations would be seen. But Read more…
Dollar is having a notable rebound in early US trading session, buoyed by comments from New York Fed President John Williams. Speaking on CNBC’s “Squawk Box,” Williams stated, “we aren’t really talking about rate cuts Read more…
Nvidia (NVDA) – Get Free Report this year became the preferred method of exposure to the artificial intelligence sector for many investors. Shares of Nvidia — which sells the computer chips necessary to run AI models — have Read more…
General Motors (GM) – Get Free Report, according to documents filed with the state of Michigan, will lay off just over 1,300 workers at two of its Michigan plants early next year. The larger round Read more…
Chris Davis, portfolio manager at Davis Advisors, has a 35-year track record of investing in large-cap value stocks, particularly in the financial sector. Like all value investors, he looks to buy solid businesses at discounted Read more…
UK Services PMI accelerates, Manufacturing PMI declines Bailey’s dampens rate cut expectations The British pound is steady on Friday, after posting gains of 1.1% a day earlier. In the European session, GBP/USD is trading at Read more…
U.S. stock futures rose Friday as investor excitement over the Federal Reserve’s Wednesday indication that rate cuts might be coming in 2024 continued. Futures on the Dow Jones Industrial Average indicated an opening-bell increase of Read more…
It’s easier than ever for the average person to trade stocks. Digital investment services like Fidelity, Schwabb, and Robinhood have turned some of us into daily investors. If that sounds like you, it’s best to get on Read more…
AUDUSD marks new higher high, breaks key resistance area Short-term bias positive, but 0.6715 zone adds some pressure AUDUSD experienced a spectacular rally after a dovish FOMC policy meeting earlier this week, crawling as high Read more…