Japan corporate goods price index rose 9.3% yoy in February, above expectation of 8.7% yoy. At 110.7, the index hit the highest level marked since 1985. That’s also the highest rise on record, as led Read more…
DXY: On the H4 timeframe, prices are resting on a strong support. We see the potential for further bullish continuation from our 1st support at 97.846 in line with 50% Fibonacci retracement and 127.2% Fibonacci Read more…
The pound has fallen victim to the market turmoil sparked by the Ukraine conflict, plunging more than 3.5% since late February when tensions with Russia started to rapidly escalate. Investors still expect that the Bank Read more…
Key Highlights AUD/USD started a steady increase above 0.7300. A key bullish trend line is forming with support near 0.7290 on the 4-hours chart. EUR/USD corrected higher above 1.0950, and GBP/USD consolidated near 1.3100. The Read more…
EUR/USD surged higher on Wednesday as the European Union (EU) discussed increased defence and energy sector spending ahead of the European Central Bank (ECB) interest rate decision on Thursday. The pair recently traded at 1.1083, Read more…
With hope and optimism that a ceasefire agreement between Russia and Ukraine can be reached, the DXY has moved lower and GBP/USD has gone bid. As markets see a glimmer of hope that there may Read more…
Real Money’s Timothy Collins has an eye on a major chip maker that’s stuck in a bit of a rut. If a stock is stuck in rut and not really going anywhere it can seem Read more…
From the brief Spotify outage to a Big Mac reference and lots more that happened real time during Apple’s marquee event. Social media is where much of the world weighs in these days, and how Read more…
The Detroit giant is in a race against Tesla and Ford to establish itself in consumer garages. In the automotive industry, the most important thing is timing. Let’s consider the timetable given by car manufacturers Read more…
Porsche and Tesla are competing for the luxury electric vehicle market. Porsche is suspending production of its electric Taycan model at the car maker’s Stuttgart-Zuffenhausen plant due to a lack of components caused by Russia’s invasion of Read more…