Daily Pivots: (S1) 1.2368; (P) 1.2414; (R1) 1.2495; More… Intraday bias in GBP/USD remains neutral for the moment. Near term outlook stays bearish as long as 1.2538 support turned resistance holds. Break of 1.2421 minor Read more…
Risk sentiment took a sharp downturn following the release of US Q1 GDP data, which revealed weaker-than-expected economic growth alongside an acceleration in both headline and core PCE price indexes. This combination suggests that the Read more…
Cruise lines operate each cruise as its own business more or less. The cruise operators track their costs and balance that against the value of the tickets sold, the various onboard extras people pay for, Read more…
US real GDP grew at an annualized rate of 1.6% in Q1, missing expectation of 2.1%, sharply lower than Q4’s 3.4%. Compared to the fourth quarter, the deceleration in real GDP in the first quarter Read more…
Meta Platforms shares tumbled in early Thursday trading, potentially hiving more than $200 billion from its market value, as the Facebook parent cautioned that the cost of AI investments would rise sharply for at least Read more…
Change in the Nasdaq100. The selling on the Nasdaq100 from 12 to 19 April, which sent the index down more than 7%, has stimulated buying interest this week. They see falling prices as an opportunity to Read more…
The Japanese yen continues to lose ground on Thursday. In the European session USD/JPY is trading at 155.61, up 0.17%. Earlier, the yen dropped to a 34-year low of 155.74. Friday will be a busy Read more…
Check back for updates throughout the trading day U.S. equity futures moved firmly lower Thursday, while the dollar held steady against its global peers, as investors counted the cost of a big slump in Meta Read more…
In recent trading sessions, the dollar has been trading quite differently to leading currencies. Thus, the yen is reaching historical lows, European currencies have managed to correct, and the Australian and Canadian dollars are testing Read more…
Market picture Over the past 24 hours, the cryptocurrency market has lost more than 3.5%, falling to a capitalisation of $2.37 trillion. Bitcoin shows a decline with a similar amplitude; Ethereum lost less than 3%, Read more…