Gold is tiptoeing across the flattened red Tenkan-sen line at 1,864 after the more than two-week decline from the 2,000 price vicinity bounced off a support zone that stretches back to mid-February. The descending slopes Read more…
The British pound is showing little movement for a second straight day, as GBP/USD trades just below the 1.25 level. BoE expected to raise rates Nobody can accuse the BoE of lacking an aggressive policy, Read more…
MGM, Caesars, and the other Strip casinos are listening to a very big idea. The south and central sections of the Las Vegas Strip have become a mix of vehicular gridlock and pedestrian confusion. It’s Read more…
USDJPY has barely been moving so far this week ahead of the FOMC policy announcement, facing strong rejection around the 130.20 barrier. Although the pair remains close to its recent 20-year top of 131.24, the Read more…
The New Zealand dollar is in positive territory on Wednesday, as the currency looks for its first winning session since April 20th. Strong jobs report boosts New Zealand dollar The New Zealand labour market remains Read more…
The Bank of England will review its policy and update its economic projections on Thursday, a day after the Fed, with the announcement scheduled for release at 12:00 GMT. A rate hike is already baked Read more…
The billionaire is one of meme coin Dogecoin’s biggest influencers and also a bitcoin evangelist. Dogecoin may be sad today. The most famous meme coin must be feeling very lonely after Elon Musk, its biggest Read more…
Photo by Amelia Holowaty Krales / The Verge Apple has sued a startup for allegedly stealing trade secrets to build a competing chip lineup. The company filed a lawsuit late last week in California, naming Read more…
The central bank is expected to raise interest rates on Wednesday and then a number of times through year-end. As the Federal Reserve on Wednesday prepares to raise interest rates, it faces the key issue Read more…
US ISM Services PMI dropped from 58.3 to 57.1 in April, below expectation of 59.0. Looking at some details, business activity/production rose from 55.5 to 59.1. New orders dropped from 60.1 to 54.6. Employment dropped Read more…