The Governing Council today decided to keep the three key ECB interest rates unchanged. Since the last Governing Council meeting in January, inflation has declined further. In the latest ECB staff projections, inflation has been Read more…
Costco Wholesale (COST) shares edged higher in early Thursday trading, putting the stock on pace to open at a record, as investors prepped for the membership-based retailer’s fiscal-second-quarter earnings report after the close of trading. Read more…
Bears accelerate on Thursday (USDJPY was down 1% in Asian / European session) extending steep fall into third straight day. Fresh weakness broke below initial Fibo support at 148.37 (23.6% of 140.25/150.88 rally, reinforced by Read more…
In the past two weeks, the US SPX 500 has continued its pace of acceleration and hit another fresh all-time of 5,150 on Monday, 4 March. However, under the surface, there are signs of weakness Read more…
ECB expected to hold rates at 4% The euro is barely making a peep on Thursday, ahead of the European Central Bank’s decision later in the day. In the European session, EUR/USD is trading at Read more…
Check back for updates throughout the trading day U.S. equity futures moved higher again Thursday, while the dollar slipped to a near six-week low and Treasury yields steadied, as investors reacted to a dovish assessment Read more…
Gold trading reached a significant milestone on Thursday, with prices hitting an all-time high of $2150.00 per Troy ounce. This remarkable surge was propelled by a confluence of factors. These include the decline in US Read more…
EURUSD peaks in overbought zone; trend signals still positive ECB rate announcement comes center stage at 13:15 GMT EURUSD resumed its recovery phase on Wednesday, rising as high as 1.0914 – the highest level since Read more…
AUDUSD advances for the second day, underpinned by weaker US dollar and higher iron ore prices. The pair hit two-week high and pressure key barriers at 0.6600 zone (near-term range top / Fibo 38.2% of Read more…
AUDUSD rebounds off 0.6485 and surpasses downtrend line MACD and RSI indicate more upside pressure AUDUSD has been experiencing a new up leg over the last couple of days, surpassing above the short-term downtrend line Read more…