GameStop shares extended their extraordinary surge Tuesday, carrying AMC Entertainment along for outsized early gains, as meme stock investors looked to capture the market’s attention yet again following Monday’s $4 billion surge for the videogame retailer. Read more…
Nikkei 225 has undergone a 4-week corrective decline of 10.6% since its 41,088 all-time high printed on 22 March. Nikkei 225 major uptrend phase in place since 4 January 2023 remains intact. BoJ’s recent announcement Read more…
The Japanese yen is declining against the US dollar for the seventh consecutive session. The USDJPY pair is approaching the 156.40 mark. Japan’s government is poised for close cooperation with the Bank of Japan on Read more…
The British pound has posted slight losses on Tuesday. GBP/USD is down 0.08%, trading at 1.2548 in the European session at the time of writing. UK job growth slides The UK labor market continues to Read more…
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index, published in members area of the website. As our members know, USDX has Read more…
Market picture Crypto market capitalisation rose 0.8% over the past 24 hours to 2.2 trillion, but growth exceeded 2% for most of the period. However, it dipped at the start of active European trading, temporarily Read more…
Check back for updates throughout the trading day U.S. equity futures edge higher in early Tuesday trading, while the dollar held steady against its global peers, as investors looked to a twin set of inflation Read more…
German ZEW Economic Sentiment jumped from 42.9 to 47.1 in May, above expectation of 44.9. Current Situation Index also rose from -79.2 to -72.3, above expectation of -75.0. Eurozone ZEW Economic Sentiment rose from 43.9 Read more…
BoE’s Chief Economist Huw Pill suggested today that it is “not unreasonable” for central bank to consider rate cuts over the summer. However, he emphasized the critical need for to maintain a “restrictive stance” on Read more…
EURJPY in the green for the seventh consecutive trading day Bulls aim for April’s multi-year highs, but they might run out of steam soon For the past week, EURJPY has been experiencing a non-stop upward Read more…