Stock futures point to a lower open on Wall Street as House Speaker Nanci Pelosi’s visit to Taiwan stokes geopolitical concerns; Pinterest shares soar despite second-quarter earnings and revenue miss; Estée Lauder reportedly courting Tom Read more…
EURJPY has been experiencing a decline in the last few daily sessions after its latest advance paused at the 142.30 region. Moreover, the price is currently trading below its lower Bollinger band and is battling Read more…
Illustration by William Joel / The Verge The Pixel 6A may have only been released last Thursday, but Google is wasting no time in bringing the latest beta version of Android 13 to its new Read more…
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD . As our members know, GBPUSD is in process of forming Elliott Wave Zig Read more…
So far this week, safe-haven flows have been the theme of the markets. The yen strengthened substantially, and the Nikkei fell. US stocks were down on the first day of trading. Of course there are Read more…
Bitcoin has lost 2.1% in the past 24 hours, pulling back to $22.9K. Ethereum has fallen 6.5% over the same period, to $1580. Top altcoins fell from 2.7% (XRP) to 12% (Polkadot). Total cryptocurrency market Read more…
GBPUSD closed marginally above its 50-day simple moving average (SMA) on Monday at 1.2244 for the first time since February, violating at the same time the upper surface of a bearish channel. Despite today’s stabilization, Read more…
At its monthly meeting this afternoon, the Reserve Bank Board as widely expected raised its official cash rate for a third consecutive time by 50bp from 1.35% to 1.85%. However, following the release of a Read more…
The Reserve Bank Board today lifted the cash rate by a further 50 basis points. The Bank has increased its inflation forecasts and lowered its growth forecasts. A significant theme is around the current momentum Read more…
The Australian dollar has declined sharply and is back below the symbolic 0.7000 level. AUD/USD is trading at 0.6931, down 1.35% on the day. RBA raises rates by 50bp The Reserve Bank of Australia raised Read more…