The Swiss franc is on track for its most substantial monthly decline against the dollar in almost ten years. The USDCHF pair chart has shown neat support on declines from increasingly higher levels since the Read more…
Mortgage applications fell 8.3% last week from a week earlier, hitting the lowest level in more than three years. With interest rates continuing to rise, the housing market continues to suffer. Mortgage applications dropped 8.3% Read more…
Those two, plus Alphabet, Amazon and Microsoft have something in common this year. As technology stocks have hit the skids in recent months, the big dogs haven’t been able to escape the carnage. Meta Platforms Read more…
It’s been a tumultuous few weeks for Bitcoin and other cryptocurrencies as the war in Ukraine has been both a positive and a negative driving force for digital currencies. But the deepening rout in equity Read more…
Stock-market rout for chipmakers continues in the face of strong demand for semiconductors. Shares of the major semiconductor producers have been heavily pressured even in the face of strong and broad demand for chips. The Read more…
The Euro surged through key support at 1.0635 (2020 low) on Wednesday, extending steep fall into fifth straight day and hitting levels last traded in March 2017, after triggering stops parked below. The single currency Read more…
The euro continues to lose ground and is down for a fifth successive day. EUR/USD has fallen close to 1% today, as it trades at 1.0542. Russia’s comments weigh on markets The euro blues show Read more…
VCs are funding more robotics companies as industries seek more automation. Venture capital firms are eager to allocate money into robotics firms in a wide range of industries from shipping to healthcare as more automation Read more…
The US dollar continues to reign supreme, capitalizing on bets for rapid-fire Fed rate increases and the troubles in other economies. Growth data for Q1 are out on Thursday and will reveal the early impact Read more…
Bears are taking a breather on Wednesday after a steep fall in past four days, when risk-sensitive Aussie dollar was down 4.3%, pressured by s robust greenback and strong risk aversion. Today’s release of Australian Read more…