GBP/USD has broken below a long-term ascending trendline, signaling potential further downside. UK budget concerns and a drop in manufacturing PMI have contributed to the Pound’s struggle. UK budget concerns and a drop in manufacturing Read more…
Bearish reversal detected below 5,930 key medium-term resistance of the SPX 500. Market breadth indicator (% of component stocks above 20-day and 50-day moving averages) has deteriorated. The odds have increased for a medium-term corrective Read more…
Market Picture The crypto market stumbled on the last day of October, losing over 5.5% in 24 hours as investors turned to profit-taking. The drop coincided with the stock market entering a period of high Read more…
The BTC/USD chart shows the following: → Bitcoin’s all-time high is around $73,750 per coin, set on March 14, 2024, amid peak investor interest after the SEC approved a Bitcoin ETF on January 11. → Read more…
Apple shares moved lower in early Friday trading after posting a muted holiday quarter outlook that suggests a longer timeframe for its AI investments to ultimately boost iPhone 16 demand. Apple (AAPL) is betting that Read more…
Amazon shares moved firmly higher in early Friday trading, adding upward momentum to the three major stock benchmarks, after the tech and retail giant’s third quarter earnings triggered a host of price target changes from Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Smart watches are incredibly useful gadgets that can make your life Read more…
The AUD/USD pair fell to 0.6566 on Friday, marking its lowest since early August. The US dollar continued to strengthen last night, bolstered by signs of resilience in the US economy. Additionally, investors hold significant Read more…
UK’s PMI Manufacturing was finalized at 49.9 for October, down from September’s 51.5, marking the first contraction since April. Rob Dobson, Director at S&P Global Market Intelligence, noted that the sector has entered Q4 on Read more…
Check back for updates throughout the trading day U.S. equity futures moved higher in early Friday trading as investors looked to rebound from a difficult October with eyes on a crucial jobs report heading into Read more…