Key Highlights EUR/USD declined further below the 1.0820 support. It attempted a recovery wave above a connecting bearish trend line with resistance at 1.0810 on the 4-hour chart. Gold prices could soon gain pace to Read more…
Yen fell significantly after this weekend’s snap election resulted in a fragmented parliament, leaving no single party with a clear mandate to govern. This political uncertainty introduces the prospect of days or even weeks of Read more…
Speaking on Saturday, Dutch ECB Governing Council member Klass Knot acknowledged the market’s heightened expectations for ECB rate cuts, noting that this shift occurred after disappointing PMIs and consumption data. Knot described these expectations as Read more…
Today’s economic developments and market movements. Key themes: Higher yields and a firmer US dollar resumed on Friday ahead of a slew of key economic data this week and as the US election heads into its Read more…
Seasonal patterns in the VIX, often referred to as the market’s fear gauge, indicate that volatility during this election year is likely to peak in the coming weeks, so be prepared for moves against established Read more…
The Dollar Index has climbed 4.5% over the past four weeks, a movement that’s not unusual compared to longer and sharper rallies in recent years. However, what stands out is that equities and gold are Read more…
Compared to the landscape just a few years ago, a wide variety of electric vehicles from various brands are available for consumers looking to wean themselves off of combustion engines for good. From innovative and Read more…
Many people who frequently use rideshare services like Uber or Lyft can attest that their experiences using the apps are a coin flip every single time they request a ride. This is especially true for vulnerable Read more…
As digital music slowly replaced CDs in the aughts, iTunes became the dominant platform for legally purchasing music. In 2008, however, Spotify emerged with a model through which users paid for access to a library Read more…