Gold price jumped on Tuesday and retested psychological $2200 barrier, inflated by weaker dollar on improved sentiment about Fed rate cuts and persisting geopolitical risks. Market awaits release of US inflation data, due later this Read more…
Tesla (TSLA) shares moved higher in early Tuesday trading as the carmaker moved to promote one of its key technologies, and potential profit drivers, ahead of next week’s crucial first-quarter delivery figures. Tesla’s carmaking division Read more…
The Australian dollar has extended its gains on Tuesday. In the European session, AUD/USD is trading at 0.6557, up 0.26%. On today’s data calendar, the US will release two tier-1 events. Durable goods orders are Read more…
BoE MPC member Catherine Mann cast doubts on the financial market’s anticipation of interest rate cuts in the near term, asserting that such expectations might be overly ambitious. Speaking to Bloomberg TV, Mann directly addressed Read more…
Check back for updates throughout the trading day U.S. equity futures moved higher Tuesday, powered in part by upside moves in megacap tech stocks, as investors looked to reverse Monday’s modest declines while eyeing a Read more…
EURCHF looks strongly bullish this year Technical oscillators confirm upside tendency EURCHF has added almost 6% since the beginning of the year, recording a new eight-month high of 0.9786. The pair is creating a steep upward tendency with no Read more…
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Ethereum ETHUSD published in members area of the website. As our members know ETHUSD has Read more…
This morning, news about inflation in Japan was published. It did not bring any surprises — inflation in Japan is gradually weakening as expected. Core CPI in annual terms: actual = 2.3%, forecast = 2.5%, Read more…
Cable remains constructive in early Tuesday’s trading, after it was lifted by better than expected UK data on Monday and fading expectations for BOE rate cut in May. Fresh recovery was also underpinned by a Read more…
The USD/JPY pair stabilised around 151.35 by Tuesday, not far from its recent peaks, as the weakness of the Japanese yen has prompted verbal interventions from Japanese authorities. Japan’s Finance Minister, Shunichi Suzuki, mentioned that Read more…