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Month: July 2024

Cryptocurrencies

Fed’s Kugler signals rate cuts later this year amid continued disinflation

In a speech overnight, Fed Governor Adriana Kugler noted that despite “a few bumps” earlier in the year, inflation has “continued to trend down” across “all price categories.” She mentioned that supply and demand are Read more…

By , 2 years ago July 17, 2024
Cryptocurrencies

Gold (XAU/USD) Hits Record High of $2465/oz Despite Positive US Retail Sales Data

Gold prices reach a new record high of $2465/oz, driven by post-CPI and rate cut optimism. Despite a resurgent US Dollar, gold’s upward momentum remains strong, briefly dipping before rallying to new highs. June’s US Read more…

By , 2 years ago July 17, 2024
Cryptocurrencies

EURJPY Wave Analysis

EURJPY reversed from pivotal support level 171.35 Likely to rise to resistance level 175.40 EURJPY currency pair recently reversed up from the pivotal support level 171.35, which has been reversing the price from the end Read more…

By , 2 years ago July 17, 2024
Cryptocurrencies

WTI Crude Oil Wave Analysis

WTI broke support level 80.00 Likely to fall to support level 78.00 WTI crude oil just broke the round support level 80.00, former resistance from May, which has been reversing the price from June. The Read more…

By , 2 years ago July 17, 2024
Cryptocurrencies

Some ‘safety’ features in new cars aren’t very safe

As in-car technology evolves, automakers are incentivized to stuff as many features into a car as possible to increase its viability against other vehicles on the market.  One feature often emphasized to the American car-buying Read more…

By , 2 years ago July 17, 2024
Cryptocurrencies

Tesla reverses course on a tough workforce decision

Tesla  (TSLA) appears to be changing its tune on a major workforce decision it made a few months ago. The electric vehicle company, co-founded by Elon Musk, is silently ramping up its headcount as it Read more…

By , 2 years ago July 17, 2024
Cryptocurrencies

Distressed NASCAR team dumps staff in Chapter 11 bankruptcy

The most popular auto racing series in the U.S. for decades has been NASCAR, though Formula 1 is fast approaching the stock car racing series in popularity. Despite its popularity, several NASCAR racing teams have Read more…

By , 2 years ago July 17, 2024
Cryptocurrencies

Eco Data 7/17/24

The post Eco Data 7/17/24 appeared first on Action Forex.

By , 2 years ago July 17, 2024
Cryptocurrencies

Lululemon accused of concerning issue in new lawsuit

One of the fastest growing corners of the retail industry is the fitness market – and it’s pretty understandable why.  Fitness and athletic activities are on the rise; more people are participating in some kind of sport Read more…

By , 2 years ago July 16, 2024
Cryptocurrencies

Microsoft quietly lays off a controversial team following backlash

In 2020, after George Floyd was murdered by a white police officer who assisted in his arrest; the incident brought to light several inequities Black people face in America. This introspection resulted in a domino Read more…

By , 2 years ago July 16, 2024

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