The euro has stabilized on Monday after sustaining sharp losses on Friday. In the European session, EUR/USD is trading at 1.0656, up 0.14%. The US dollar posted strong gains last week against the majors and Read more…
Goldman Sachs Group (GS) posted stronger-than-expected first quarter earnings Monday as a rebound in merger deals supported revenue gains for its biggest division, sending the investment bank’s shares higher in early trading. Goldman, the fifth-largest Read more…
U.S. equity futures moved higher Monday, while oil prices slipped and the dollar gave back recent gains against its global peers, as investors looked to Israel’s formal response to an unprecedented missile attack from Iran Read more…
The EUR/USD pair has experienced a notable decline, currently stabilising around 1.0648. Last week, the pair recorded its most significant weekly gain since 2022, fuelled by the anticipation of persistently high interest rates in the Read more…
US 500 cash index experiences a minor pullack Meets support at 123.6% Fibo extension of its 2022 downtrend Oscillators exit overbought zones, but do not weaken dramatically The US 500 stock index (cash) has been staging an impressive rally since it bottomed Read more…
Oil is losing more than 1% on Monday, below $84 a barrel for WTI and below $89 for Brent after Friday’s rollercoaster, when prices peaked above $87 and $91.6, respectively. The drivers were geopolitics, where Read more…
The New Zealand dollar has stabilized on Monday after as sharp decline of 1% on Friday. In the European session, NZD/USD is trading at 0.5945, up 0.14%. The New Zealand dollar dropped as low as Read more…
USDJPY resumes uptrend on Monday, after a brief pause last Thu/Fri and hit new multi-decade high, just ticks ahead of 154.00 round-figure barrier. Bulls hold grip despite increased pressure from overbought studies, with last week’s Read more…
Market picture It was a non-boring weekend for the cryptocurrency market. Market sentiment swung sharply towards buying the dollar and selling stocks, gold, and cryptos on Friday afternoon. Also operating over the weekend, the crypto Read more…
Eurozone industrial production rose 0.8% mom in February, matched expectations. Production increased by 0.5% for intermediate goods, 1.2% for capital goods, and 1.4% for durable consumer goods. On the other hand, production by -3.0% for Read more…