EUR/USD started a fresh increase above the 1.1000 resistance. USD/CHF declined and now struggling below the 0.8600 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today The Euro surged after it broke the 1.0950 resistance Read more…
Target Corp shares powered firmly higher in early Wednesday trading after the retailer posted stronger-than-expected second quarter earnings and boosted its full-year profit forecast in a major validation of CEO Brian Cornell’s turnaround effort. Target Read more…
Check back for updates throughout the trading day U.S. equity futures edged modestly higher in early Wednesday trading, while Treasury bond yields extended their recent retreat, as investors looked to a key series of labor Read more…
Gold keeps firm tone and consolidating under new record high ($2531) posted on Tuesday, with third consecutive daily close above $2500 level, pointing to clear break. The yellow metal holds in a steep multi-month uptrend Read more…
NZDUSD stages a V-shaped recovery from 2024 low The pair jumps above 200-day SMA to its highest since June 14 Oscillators improve notably, suggesting increasing bullish bias NZDUSD has been steadily regaining ground since the beginning of Read more…
USDJPY remains below 200-day SMA and uptrend line RSI ticks higher reflecting the latest move USDJPY is gaining some ground after three consecutive red days and losing around 3% from the 149.50 resistance level. The Read more…
Markets The recent comeback momentum on US stock markets stalled yesterday with main US benchmarks suffering minor losses (-0.25%) following an astonishing rally over the past two weeks. Other directional trades continued. US Treasuries outperformed Read more…
There was no major news on the wire to trigger the minor selloff in global equities, so it was nothing else than a correction after a long rally following an ugly meltdown. As such, the Read more…
In focus today In the US, minutes of the Fed’s July meeting will be published in the evening. While the focus will naturally be on any clues regarding future rate cuts, the views are likely Read more…
Key Highlights GBP/USD started a fresh increase above the 1.2920 resistance. It broke a major bearish trend line with resistance at 1.2765 on the 4-hour chart. Gold prices are consolidating gains above the $2,500 resistance. Read more…