Daily Pivots: (S1) 1.0850; (P) 1.0872; (R1) 1.0890; More… EUR/USD is staying in consolidation below 1.0894 and intraday bias stays neutral at this point. Further rally is expected as long as 1.0765 support holds. Break Read more…
Dollar is gradually recovering from the selloff triggered by US CPI data release earlier in the week. However, the recovery momentum remains indecisive. US stock markets, after a record run, are taking a breather, but Read more…
While the post-pandemic travel explosion is commonly associated with Europe, other parts of the world have also seen a significant increase in visitors both from the U.S. and other countries. Travel analytics company ForwardKeys shows that Read more…
GameStop shares slumped again in early Friday trading after the videogame retailer reported preliminary fiscal-first-quarter results and said it would attempt to raise fresh equity capital. GameStop (GME) , which has soared more than 168% over Read more…
The US stock market has surged to new heights, with the S&P 500 index reaching a record high of 5,325 points and the DJIA index touching 40,000 points. Investors are experiencing euphoria, spurred by the Read more…
The euro has posted slight losses on Friday. EUR/USD is down 0.28%, trading at 1.0837 in the North American session at the time of writing. Eurozone CPI steady, core CPI falls The April inflation report Read more…
Silver climbed above $29.8, rewriting the highs from January 2021, but once again faced selling intensification from that level for the first time in four years and has pulled back to $29.40 at the time Read more…
Market picture The crypto market cooled off on Thursday afternoon, but on Friday morning, buyers stepped up again, bringing capitalisation back to levels from the day before at $2.39 trillion. Strong growth was followed by Read more…
Check back for updates throughout the trading day U.S. equity futures edged lower Friday, while Treasury yields and the dollar ticked higher, as investors looked set to hit pause on a month-long rally on Wall Read more…
WTI oil futures hold near recent lows; develop within narrow neutral structure Technical signals indicate improving sentiment, but downside risks could emerge near 80.80 Despite occasional drops, WTI oil futures remained squeezed within the 78.00-80.00 Read more…