Atlanta Fed President Raphael Bostic said yesterday, “it’s time that we get off of our emergency stance — I think it’s really appropriate that we move our policy closer to a neutral position — but Read more…
Key insights from the week that was. This week witnessed a significant change in the RBA’s policy outlook. Rate expectations also drove market outcomes offshore. Beginning with the RBA, the April decision statement saw the Read more…
Key Highlights USD/JPY started a fresh increase from the 121.20 support zone. A key bullish trend line is forming with support near 123.75 on the 4-hours chart. EUR/USD started a consolidation phase near the 1.0900 Read more…
It’s been a decent week for the dollar, but there is the potential for mean reversion as we head towards the weekend with 100 resistance looming. Thursday US cash market close: The Dow Jones Industrial Read more…
Short term outlook in Nasdaq (NQ) suggests the rally to 15270.96 ended wave ((X)). The Index has resumed lower in wave ((Y)), although it still needs to break below the last low on March 15 Read more…
For now, the USD reigns supreme – the trade-weighted USD sits at the highest levels since May 2020, as does the USDX, although this USD basket is heavily skewed towards the EUR. However, the bullish Read more…
The billionaire is a crypto evangelist and influencer. Elon Musk is a fan of crypto and does not hide it. He is especially a champion of bitcoin and the meme coin dogecoin. Dogecoin could be used Read more…
From hamsters to cybertrucks to robots, the Tesla CEO offered cheering fans a wide spread of ideas and comments. Elon Musk spoke to thousands of Tesla fans gathered to celebrate the opening of the EV Read more…
Tesla’s CEO just opened the electric vehicle maker’s fourth production plant. Elon Musk has just made new promises. Tesla’s (TSLA) – Get Tesla Inc Report CEO has just inaugurated the latest Tesla factory in Austin, Texas. Read more…
Elon Musk spent almost an hour interacting with the crowd at Gigafest and rolled out the company’s latest plan. Tech giant Tesla will be shifting into a whole new mode this year as it begins Read more…