Gold surrendered Friday’s gains as a retest of $2300 gains momentum. US dollar index (DXY) rises but faces stern resistance at 105.63. Geopolitics remains on the back burner for now, but risks remain. Fundamental Overview Read more…
The Australian dollar is steady on Monday. AUD/USD is trading at 0.6605 in the European session, down 0.14% on the day. Last week, the Australian dollar rose as much as 1.8% but pared most of Read more…
US 500 index calms near the 261.8% Fibonacci extension level RSI and Stochastics are flattening The US 500 (cash) index has been moving with weak momentum over the last couple of sessions after the surge Read more…
One of the hardest parts of being a retailer in the 2020s is maintaining a competitive edge. When all your peers seem to offer everything that you do, plus perks for paying members and loyal Read more…
China’s housing price decline is gaining momentum. New home prices for May fell 0.71% vs. 0.58% and 0.34% in the previous two months. The year-over-year decline increased to 3.9%, with back-to-back slides over the 12 Read more…
On the H4, NZDUSD formed an expanding wedge pattern after a prolonged rise. The price bouncing off the upper trend line almost reached a vital support area, which creates two possible options. If the price Read more…
Check back for updates throughout the trading day U.S. equity futures were mixed in early Monday trading, while Treasury yields and the dollar held steady, as investors looked to a split week on Wall Street Read more…
Like other major currencies, the New Zealand dollar is under pressure from the strong US dollar. This development comes after the Federal Reserve’s updated forecasts last week. Stock market expectations point to only one interest Read more…
Market picture The cryptocurrency market has lost almost 5% over the past seven days. It has not given up important support levels but also has no significant drivers to resume growth. Bitcoin lost 4.7% over Read more…
According to today’s Nikkei 225 (Japan 225 on FXOpen) chart, the index quote dropped below 38,000 points at Monday’s low, followed by a recovery (shown by an arrow). One of the drivers of the decline Read more…