Month: May 2025

Just as markets were finding their footing following a series of positive trade developments, Moody’s delivered a late-week shock by downgrading the US sovereign credit rating from Aaa to Aa1. The move overshadowed the optimism Read more…

These days, it can be pretty hard to tell what’s true and what’s something out of a dystopian, futuristic thriller.  Burgers made from plants are virtually impossible to distinguish from traditional ground beef.  Related: Popular Read more…

EUR/USD dived further to 1.1064 last week but recovered ahead of 38.2% retracement of 1.0176 to 1.1572 at 1.1039. Initial bias remains neutral this week first. Strong support is still expected from 1.1039 to complete Read more…

USD/JPY jumped to 148.64 last week but retreated deeply since then. Initial bias remains neutral this week first. Fall from 158.86 might have completed at 139.87 already. Further rise is in favor as long as Read more…

GBP/USD dipped further to 1.3138 last week but recovered quickly again. Initial bias stays neutral this week first. On the upside, decisive break of 1.3433/42 key resistance zone will confirm larger up trend resumption. Nevertheless, Read more…

USD/CHF jumped to 0.8475 last week but turned sideway since then. Initial bias stays neutral this week first. On the downside, firm break of 0.8323 support will argue that corrective rebound from 0.8038 has completed Read more…

AUD/USD stayed in range trading below 0.6511 short term top last week. Initial bias remains neutral this week first, and further rise is in favor as long as 0.6356 support holds. One the upside, break Read more…

USD/CAD rose to 1.4014 last week but turned sideway since then. Initial bias remains neutral this week, and further rise is expected as long as 1.3898 support holds. Above 1.4014 will resume the rebound from Read more…

Moody’s has followed in the footsteps of credit rating agencies S&P Global and Fitch Ratings, downgrading their AAA rating on U.S. debt. The move comes amid ongoing challenges associated with mounting U.S. debt and little Read more…